A Pay It Forward Scholarship Corporation
EIN: 275096979 · Gainesville, GA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Net Assets | $445K |
Is A Pay It Forward Scholarship Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A Pay It Forward Scholarship Corporation
A Pay It Forward Scholarship Corporation (EIN: 275096979) is a nonprofit organization based in Gainesville, GA, classified under NTEE code B82. The organization reported total revenue of $1.4M and total assets of $436K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Pay It Forward Scholarship Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Pay It Forward Scholarship Corporation is a mid-size nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$211K |
| Total Assets | $445K |
| Net Assets | $445K |
| Operating Margin | 13.7% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, A Pay It Forward Scholarship Corporation reported a surplus of $211K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2023), A Pay It Forward Scholarship Corporation's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.8% | +43.2% | +85.4% |
| 2022 | -3.4% | +17.4% | -14.7% |
| 2021 | +1.9% | -6.5% | +50.4% |
| 2020 | -0.6% | -7.7% | +35.9% |
| 2019 | +16.4% | +16.4% | +29.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A Pay It Forward Scholarship Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Pay It Forward Scholarship Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $211K, with revenue exceeding expenses.
Frequently Asked Questions about A Pay It Forward Scholarship Corporation
Is A Pay It Forward Scholarship Corporation a legitimate charity?
A Pay It Forward Scholarship Corporation (EIN: 275096979) is a registered tax-exempt nonprofit based in Georgia. It has 12 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: A.
How does A Pay It Forward Scholarship Corporation spend its money?
A Pay It Forward Scholarship Corporation reported $1.4M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to A Pay It Forward Scholarship Corporation tax-deductible?
A Pay It Forward Scholarship Corporation is registered as a tax-exempt nonprofit (EIN: 275096979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is A Pay It Forward Scholarship Corporation located?
A Pay It Forward Scholarship Corporation is headquartered in Gainesville, Georgia and files with the IRS under EIN 275096979. It is classified under NTEE code B82.
How many years of IRS 990 filings does A Pay It Forward Scholarship Corporation have?
A Pay It Forward Scholarship Corporation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Filing History
IRS 990 filing history for A Pay It Forward Scholarship Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), A Pay It Forward Scholarship Corporation's revenue has declined by 48.9%, moving from $3.0M to $1.5M. Total assets increased by 22% over the same period, from $364K to $445K. Total functional expenses fell by 53.5%, from $2.9M to $1.3M. In its most recent filing year (2023), A Pay It Forward Scholarship Corporation reported a surplus of $211K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $445K | $0 | — | — |
| 2022 | $891K | $934K | $240K | $7K | — | View 990 |
| 2021 | $922K | $795K | $281K | $5K | — | View 990 |
| 2020 | $905K | $850K | $187K | $38K | — | View 990 |
| 2019 | $910K | $921K | $138K | $43K | — | View 990 |
| 2018 | $781K | $791K | $106K | $0 | — | View 990 |
| 2017 | $740K | $761K | $116K | $0 | — | View 990 |
| 2016 | $963K | $993K | $137K | $0 | — | View 990 |
| 2015 | $1.2M | $1.1M | $167K | $0 | — | View 990 |
| 2014 | $2.0M | $3.4M | $91K | $4K | — | View 990 |
| 2013 | $6.1M | $5.1M | $1.5M | $0 | — | View 990 |
| 2012 | $3.0M | $2.9M | $364K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $445K (revenue +73.8% year-over-year).
- 2022: Revenue of $891K, expenses of $934K, and assets of $240K (revenue -3.4% year-over-year).
- 2021: Revenue of $922K, expenses of $795K, and assets of $281K (revenue +1.9% year-over-year).
- 2020: Revenue of $905K, expenses of $850K, and assets of $187K (revenue -0.6% year-over-year).
- 2019: Revenue of $910K, expenses of $921K, and assets of $138K (revenue +16.4% year-over-year).
- 2018: Revenue of $781K, expenses of $791K, and assets of $106K (revenue +5.6% year-over-year).
- 2017: Revenue of $740K, expenses of $761K, and assets of $116K (revenue -23.1% year-over-year).
- 2016: Revenue of $963K, expenses of $993K, and assets of $137K (revenue -17.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $167K (revenue -41.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $3.4M, and assets of $91K (revenue -67.1% year-over-year).
- 2013: Revenue of $6.1M, expenses of $5.1M, and assets of $1.5M (revenue +101.6% year-over-year).
- 2012: Revenue of $3.0M, expenses of $2.9M, and assets of $364K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Pay It Forward Scholarship Corporation:
Data Sources and Methodology
This transparency report for A Pay It Forward Scholarship Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.