Quick charity verification for Youngberg Memorial Scholarship Fund (EIN: 200385356)
Verdict: Youngberg Memorial Scholarship Fund appears trustworthy
95/100Mission Score
$122KRevenue
$255KAssets
1Red Flags
5Strengths
Red Flags
Negative revenue reported in 202212 ($-239) without immediate explanation in summary data.
Strengths
Consistent asset base (around $250,000) over a decade.
Zero liabilities reported across all filings.
0% officer compensation, indicating high operational efficiency.
Consistent filing of IRS Form 990s, demonstrating transparency.
Expenses generally well-managed relative to revenue and assets.
Spending Breakdown
How Youngberg Memorial Scholarship Fund allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Youngberg Memorial Scholarship Fund
Is Youngberg Memorial Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Youngberg Memorial Scholarship Fund (EIN: 200385356) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Youngberg Memorial Scholarship Fund a good charity to donate to?
Youngberg Memorial Scholarship Fund has a Mission Score of 95/100. Revenue: $122K. Assets: $255K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Youngberg Memorial Scholarship Fund?
The Employer Identification Number (EIN) for Youngberg Memorial Scholarship Fund is 200385356. 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 Youngberg Memorial Scholarship Fund spend its money?
Youngberg Memorial Scholarship Fund allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Youngberg Memorial Scholarship Fund's tax-exempt status?
You can verify Youngberg Memorial Scholarship Fund's tax-exempt status using EIN 200385356 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 Youngberg Memorial Scholarship Fund demonstrates consistent financial stability with assets consistently around $250,000 over the past decade, reaching $255,096 most recently. The organization maintains zero liabilities, indicating a very healthy balance sheet. While revenue fluctuates, it generally covers expenses, with the latest period (202312) showing revenue of $15,522 against expenses of $13,666. The organization's primary function appears to be scholarship distribution, and with 0% officer compensation reported across all filings, it suggests a volunteer-driven model, which is highly efficient for a scholarship fund.
Spending efficiency is excellent, particularly given the lack of officer compensation. This means nearly all operational expenses are directed towards administrative costs necessary to manage the scholarship fund and, presumably, the scholarships themselves. The consistent asset base, despite varying annual revenues, suggests prudent financial management and a focus on long-term sustainability for its scholarship program. The negative revenue reported in 202212 ($-239) is unusual but could be due to investment losses or accounting adjustments, which warrants a closer look at the detailed filing for that period.
Transparency is high given the consistent filing of IRS Form 990s and the clear indication of no executive compensation. This suggests that the organization is focused on its mission without significant overhead related to salaries. The consistent asset base and low expense levels relative to assets indicate a well-managed endowment or fund designed to provide scholarships over time.