Is J Craig And Page T Smith Scholarship Foundation Inc Legit?
Quick charity verification for J Craig And Page T Smith Scholarship Foundation Inc (EIN: 202224138)
Verdict: J Craig And Page T Smith Scholarship Foundation Inc appears trustworthy
85/100Mission Score
$8.1MRevenue
$23.0MAssets
2Red Flags
4Strengths
Red Flags
Consistent trend of expenses exceeding revenue in recent years (e.g., 2022, 2021, 2020, 2019)
Gradual decline in total assets over the past decade (from $30,353,484 in 2014 to $22,962,334 currently)
Strengths
Zero reported officer compensation, indicating high efficiency in leadership costs.
Substantial asset base ($22,962,334) provides financial stability.
Consistently low to zero liabilities, demonstrating strong financial management.
Strong program focus implied by the NTEE code and lack of fundraising expenses.
Spending Breakdown
How J Craig And Page T Smith Scholarship Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about J Craig And Page T Smith Scholarship Foundation Inc
Is J Craig And Page T Smith Scholarship Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, J Craig And Page T Smith Scholarship Foundation Inc (EIN: 202224138) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is J Craig And Page T Smith Scholarship Foundation Inc a good charity to donate to?
J Craig And Page T Smith Scholarship Foundation Inc has a Mission Score of 85/100. Revenue: $8.1M. Assets: $23.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for J Craig And Page T Smith Scholarship Foundation Inc?
The Employer Identification Number (EIN) for J Craig And Page T Smith Scholarship Foundation Inc is 202224138. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does J Craig And Page T Smith Scholarship Foundation Inc spend its money?
J Craig And Page T Smith Scholarship Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify J Craig And Page T Smith Scholarship Foundation Inc's tax-exempt status?
You can verify J Craig And Page T Smith Scholarship Foundation Inc's tax-exempt status using EIN 202224138 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The J Craig And Page T Smith Scholarship Foundation Inc demonstrates consistent financial health with substantial assets, though it has experienced a gradual decline in total assets from a peak of $30,353,484 in 2014 to $22,962,334 currently. The organization consistently reports zero officer compensation, which is a strong indicator of efficient spending on administrative overhead and a commitment to directing funds towards its mission. However, the foundation has frequently operated with expenses exceeding revenue in recent years, such as in 2022 where expenses were $2,698,069 against revenues of $2,095,257. This trend suggests reliance on its substantial asset base to cover operational costs and program disbursements. The lack of reported liabilities across most recent filings also points to sound financial management and low financial risk.