Abbie Sargent Memorial Scholarship Inc
EIN: 26011126 · Concord, NH
| Metric | Value |
|---|---|
| Total Revenue | $450 |
| Total Expenses | $150 |
| Net Assets | $847 |
Is Abbie Sargent Memorial Scholarship Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Abbie Sargent Memorial Scholarship Inc
Abbie Sargent Memorial Scholarship Inc (EIN: 26011126) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $450 and total assets of $847 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abbie Sargent Memorial Scholarship Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abbie Sargent Memorial Scholarship Inc is a micro nonprofit that has been operating for 63 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -22.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $450 |
| Total Expenses | $150 |
| Surplus / Deficit | +$300 |
| Total Assets | $847 |
| Net Assets | $847 |
| Operating Margin | 66.7% |
| Months of Reserves | 67.8 months |
Financial Health Grade: A
In 2019, Abbie Sargent Memorial Scholarship Inc reported a surplus of $300 with revenue exceeding expenses, holds 67.8 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2019), Abbie Sargent Memorial Scholarship Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -74.6% | -94.6% | -77.7% |
| 2015 | +149.6% | -10.9% | -20.7% |
| 2014 | -68.0% | +40.9% | -34.0% |
| 2013 | +59.2% | — | +0.3% |
| 2012 | -57.4% | -100.0% | +23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abbie Sargent Memorial Scholarship Inc 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 Abbie Sargent Memorial Scholarship Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $300, with revenue exceeding expenses.
Frequently Asked Questions about Abbie Sargent Memorial Scholarship Inc
Is Abbie Sargent Memorial Scholarship Inc a legitimate charity?
Abbie Sargent Memorial Scholarship Inc (EIN: 26011126) is a registered tax-exempt nonprofit based in New Hampshire. It has 6 years of IRS 990 filings on record. Total revenue: $450. No red flags identified. Financial health grade: A.
How does Abbie Sargent Memorial Scholarship Inc spend its money?
Abbie Sargent Memorial Scholarship Inc reported $450 in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Abbie Sargent Memorial Scholarship Inc tax-deductible?
Abbie Sargent Memorial Scholarship Inc is registered as a tax-exempt nonprofit (EIN: 26011126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abbie Sargent Memorial Scholarship Inc located?
Abbie Sargent Memorial Scholarship Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 26011126.
How many years of IRS 990 filings does Abbie Sargent Memorial Scholarship Inc have?
Abbie Sargent Memorial Scholarship Inc has 6 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 $450 in total revenue.
Filing History
IRS 990 filing history for Abbie Sargent Memorial Scholarship Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Abbie Sargent Memorial Scholarship Inc's revenue has declined by 86.2%, moving from $3K to $450. Total assets decreased by 85.5% over the same period, from $6K to $847. Total functional expenses fell by 89.8%, from $1K to $150. In its most recent filing year (2019), Abbie Sargent Memorial Scholarship Inc reported a surplus of $300, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $450 | $150 | $847 | $0 | — | View 990 |
| 2015 | $2K | $3K | $4K | $0 | — | View 990 |
| 2014 | $710 | $3K | $5K | $0 | — | View 990 |
| 2013 | $2K | $2K | $7K | $0 | — | View 990 |
| 2012 | $1K | $0 | $7K | $0 | — | View 990 |
| 2011 | $3K | $1K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $450, expenses of $150, and assets of $847 (revenue -74.6% year-over-year).
- 2015: Revenue of $2K, expenses of $3K, and assets of $4K (revenue +149.6% year-over-year).
- 2014: Revenue of $710, expenses of $3K, and assets of $5K (revenue -68.0% year-over-year).
- 2013: Revenue of $2K, expenses of $2K, and assets of $7K (revenue +59.2% year-over-year).
- 2012: Revenue of $1K, expenses of $0, and assets of $7K (revenue -57.4% year-over-year).
- 2011: Revenue of $3K, expenses of $1K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abbie Sargent Memorial Scholarship Inc:
Data Sources and Methodology
This transparency report for Abbie Sargent Memorial Scholarship Inc 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.