Strong financial health and long-term sustainability.
Spending Breakdown
How Nicholas Jennings Memorial Scholarship Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Nicholas Jennings Memorial Scholarship Fund
Is Nicholas Jennings Memorial Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Nicholas Jennings Memorial Scholarship Fund (EIN: 203392776) appears trustworthy. Mission Score: 98/100. 0 red flags identified, 5 strengths noted.
Is Nicholas Jennings Memorial Scholarship Fund a good charity to donate to?
Nicholas Jennings Memorial Scholarship Fund has a Mission Score of 98/100. Revenue: $151K. Assets: $682K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nicholas Jennings Memorial Scholarship Fund?
The Employer Identification Number (EIN) for Nicholas Jennings Memorial Scholarship Fund is 203392776. 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 Nicholas Jennings Memorial Scholarship Fund spend its money?
Nicholas Jennings Memorial Scholarship Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nicholas Jennings Memorial Scholarship Fund's tax-exempt status?
You can verify Nicholas Jennings Memorial Scholarship Fund's tax-exempt status using EIN 203392776 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 Nicholas Jennings Memorial Scholarship Fund demonstrates strong financial health and a clear commitment to its mission. Over the past eight years, the organization has consistently grown its assets, reaching $682,307, while maintaining zero liabilities, indicating excellent financial stewardship. Revenue has also shown a positive trend, with the latest reported revenue at $150,644. The organization's spending efficiency is exceptionally high, as evidenced by its very low expense ratios. For example, in 2023, expenses were only $8,075 against $72,087 in revenue, suggesting that a significant portion of funds are retained for future scholarship disbursements or asset growth. The absence of officer compensation further enhances its transparency and efficiency profile, ensuring that all contributions directly support the charitable purpose. This consistent financial management and minimal overhead point to a well-run and transparent operation focused on long-term impact.