AI Transparency Report
The Whelan Family Scholarship Fund appears to be a very small, family-run scholarship fund with minimal financial activity. Its revenue has been highly inconsistent, ranging from $44 in 2020 to $55,680 in 2022. Expenses are generally low, often around $1,000-$1,500 annually, though they spiked to $3,238 in 2023. The organization consistently reports zero officer compensation, indicating a volunteer-driven model. Given its small scale and specific mission, its financial health is stable in terms of assets ($67,646 latest, with a peak of $73,404 in 2022) relative to its operational size, though it frequently spends more than it brings in during a given year, drawing down its asset base, as seen in 2023 where expenses of $3,238 exceeded revenue of $1,030. Transparency is high due to consistent 990 filings and no reported liabilities or officer compensation, which simplifies financial analysis.