Is The@Charles Mitchell Scholarship Trust…

Quick charity verification for The@Charles Mitchell Scholarship Trust (EIN: 137105970)

Strengths

Consistent and substantial asset base, reaching $4,957,637, providing long-term financial stability.
Zero officer compensation reported across all filings, indicating exceptional administrative efficiency and dedication to mission.
Minimal liabilities ($0 or $1 across all filings) demonstrating a very healthy balance sheet and low financial risk.
Strong program focus implied by the NTEE code and lack of executive compensation, suggesting resources are directed to beneficiaries.
Long history of IRS 990 filings (10 filings), indicating transparency and consistent compliance.

Spending Breakdown

How The@Charles Mitchell Scholarship Trust allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 The@Charles Mitchell Scholarship Trust

Is The@Charles Mitchell Scholarship Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, The@Charles Mitchell Scholarship Trust (EIN: 137105970) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is The@Charles Mitchell Scholarship Trust a good charity to donate to?

The@Charles Mitchell Scholarship Trust has a Mission Score of 92/100. Revenue: $1.4M. Assets: $5.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The@Charles Mitchell Scholarship Trust?

The Employer Identification Number (EIN) for The@Charles Mitchell Scholarship Trust is 137105970. 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 The@Charles Mitchell Scholarship Trust spend its money?

The@Charles Mitchell Scholarship Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The@Charles Mitchell Scholarship Trust's tax-exempt status?

You can verify The@Charles Mitchell Scholarship Trust's tax-exempt status using EIN 137105970 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 Charles Mitchell Scholarship Trust demonstrates consistent financial stability with assets consistently around $4.8 million over the past decade, reaching $4,957,637 in the latest filing. The organization's revenue has fluctuated, with the latest reported revenue at $1,440,971, a significant increase from previous years, while expenses have remained relatively stable, typically in the $300,000-$400,000 range. This suggests a strong capacity to fund its programs, especially given the substantial asset base. The trust's liabilities have consistently been minimal ($0 or $1), indicating a very healthy balance sheet and low financial risk.

Regarding spending efficiency, the absence of officer compensation reported across all filings is a notable strength, suggesting that administrative costs related to executive salaries are non-existent, which is highly efficient. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture points to a well-managed endowment focused on its mission. The consistent asset base and low liabilities contribute to a strong foundation for long-term program delivery.

Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of zero officer compensation is a clear indicator of financial prudence. To further enhance transparency, a more detailed breakdown of functional expenses (program, administrative, fundraising) would allow for a deeper analysis of spending efficiency beyond just executive compensation. However, based on the provided data, the trust appears to be a financially sound and responsibly managed entity.

Is The@Charles Mitchell Scholarship Trust Legit?

Verdict: The@Charles Mitchell Scholarship Trust appears trustworthy