Quick charity verification for Totman Wallace Scholarship Fund (EIN: 10441721)
Verdict: Totman Wallace Scholarship Fund shows mixed signals
50/100Mission Score
$0Revenue
$0Assets
2Red Flags
1Strengths
Red Flags
Zero revenue and assets reported, suggesting dormancy or non-operation
Lack of financial activity makes it impossible to assess program impact
Strengths
Filed IRS 990, indicating compliance with reporting requirements despite no financial activity
Spending Breakdown
How Totman Wallace Scholarship Fund allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Totman Wallace Scholarship Fund
Is Totman Wallace Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Totman Wallace Scholarship Fund (EIN: 10441721) shows mixed signals. Mission Score: 50/100. 2 red flags identified, 1 strength noted.
Is Totman Wallace Scholarship Fund a good charity to donate to?
Totman Wallace Scholarship Fund has a Mission Score of 50/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Totman Wallace Scholarship Fund?
The Employer Identification Number (EIN) for Totman Wallace Scholarship Fund is 10441721. 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 Totman Wallace Scholarship Fund spend its money?
Totman Wallace Scholarship Fund allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Totman Wallace Scholarship Fund's tax-exempt status?
You can verify Totman Wallace Scholarship Fund's tax-exempt status using EIN 10441721 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 Totman Wallace Scholarship Fund appears to be a dormant or newly established organization based on the provided IRS 990 data. With $0 in both revenue and assets, there is no financial activity to analyze regarding financial health or spending efficiency. The lack of financial data also means there is no basis to assess transparency beyond the fact that an IRS filing was made. Without any operational figures, it is impossible to determine if the organization is actively pursuing its mission or if it has ceased operations.