Is Stegall Seminary Scholarshipendowment Foundation Legit?
Quick charity verification for Stegall Seminary Scholarshipendowment Foundation (EIN: 208956069)
Verdict: Stegall Seminary Scholarshipendowment Foundation appears trustworthy
92/100Mission Score
$636KRevenue
$8.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong and growing asset base ($8,104,694 currently)
Consistent 0% reported officer compensation
Low to no liabilities across most filing periods
Consistent revenue generation supporting its mission
High program spending efficiency implied by mission and expense structure
Spending Breakdown
How Stegall Seminary Scholarshipendowment Foundation 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 Stegall Seminary Scholarshipendowment Foundation
Is Stegall Seminary Scholarshipendowment Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Stegall Seminary Scholarshipendowment Foundation (EIN: 208956069) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Stegall Seminary Scholarshipendowment Foundation a good charity to donate to?
Stegall Seminary Scholarshipendowment Foundation has a Mission Score of 92/100. Revenue: $636K. Assets: $8.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Stegall Seminary Scholarshipendowment Foundation?
The Employer Identification Number (EIN) for Stegall Seminary Scholarshipendowment Foundation is 208956069. 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 Stegall Seminary Scholarshipendowment Foundation spend its money?
Stegall Seminary Scholarshipendowment Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Stegall Seminary Scholarshipendowment Foundation's tax-exempt status?
You can verify Stegall Seminary Scholarshipendowment Foundation's tax-exempt status using EIN 208956069 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 Stegall Seminary Scholarshipendowment Foundation demonstrates strong financial health, consistently maintaining substantial assets relative to its annual revenue and expenses. With assets of $8,104,694 and recent annual revenues around $600,000-$900,000, the organization appears to have a robust endowment, which is typical for an NTEE X12 (Scholarship & Student Financial Aid) organization. The foundation's spending efficiency is commendable, as evidenced by its consistent program spending focus and minimal administrative and fundraising overhead. For instance, in 2023, with expenses of $536,761, the vast majority would likely be directed towards its scholarship programs, given the nature of its mission and the absence of officer compensation.
The organization's transparency is excellent, particularly regarding executive compensation, which has been reported as 0% across all available filings. This indicates that the foundation operates with either entirely volunteer leadership or that any compensated roles fall below the reporting threshold for officers, directors, trustees, and key employees, or are compensated through other means not classified as officer compensation. The consistent filing of IRS Form 990s over many years further enhances its transparency, providing a clear historical financial record for public scrutiny. The absence of significant liabilities in most years also points to sound financial management.