Alice S Ayling Scholarship Foundation
Alice S Ayling Scholarship Foundation: Consistent Scholarship Focus with Declining Assets
EIN: 222808952 · Woburn, MA · Updated: 2026-04-04
Is Alice S Ayling Scholarship Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alice S Ayling Scholarship Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alice S Ayling Scholarship Foundation
Alice S Ayling Scholarship Foundation (EIN: 222808952) is a nonprofit organization based in Woburn, MA. The organization reported total revenue of $1.5M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alice S Ayling Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alice S Ayling Scholarship Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Alice S Ayling Scholarship Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting either no paid executives or compensation below reporting thresholds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alice S Ayling Scholarship Foundation's IRS 990 filings:
- Total assets have shown a consistent decline from $9,617,067 in 2019 to $6,680,791 in 2023, a decrease of over $2.9 million.
- Revenue has fluctuated significantly, with a peak of $2,075,812 in 2023 but a low of $374,016 in 2013, indicating potential reliance on inconsistent funding sources.
Strengths
The following positive indicators were identified for Alice S Ayling Scholarship Foundation:
- The foundation consistently disburses funds, with expenses ranging from $635,265 to $1,719,467 annually, demonstrating active program delivery.
- A long operational history is evident, with data available from 2013 to 2023, suggesting stability and experience.
- The organization maintains a strong asset base relative to its annual expenses, providing a buffer for future operations.
Frequently Asked Questions about Alice S Ayling Scholarship Foundation
Is Alice S Ayling Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alice S Ayling Scholarship Foundation (EIN: 222808952) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Alice S Ayling Scholarship Foundation spend its money?
Alice S Ayling Scholarship Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alice S Ayling Scholarship Foundation tax-deductible?
Alice S Ayling Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 222808952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Alice S Ayling Scholarship Foundation do?
Alice S Ayling Scholarship Foundation is a nonprofit organization in the Unknown sector, located in Woburn, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Alice S Ayling Scholarship Foundation have?
Alice S Ayling Scholarship Foundation reported total revenue of $1,509,312. Based on 10 IRS 990 filings on record.
What are Alice S Ayling Scholarship Foundation's total assets?
Alice S Ayling Scholarship Foundation holds total assets of $6,680,791 as reported in IRS 990 filings.
Where is Alice S Ayling Scholarship Foundation located?
Alice S Ayling Scholarship Foundation is based in Woburn, Massachusetts.
What is Alice S Ayling Scholarship Foundation's EIN?
Alice S Ayling Scholarship Foundation's Employer Identification Number (EIN) is 222808952. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Alice S Ayling Scholarship Foundation?
Alice S Ayling Scholarship Foundation is classified under NTEE code Unknown (Unknown).
Is Alice S Ayling Scholarship Foundation a registered 501(c)(3)?
Alice S Ayling Scholarship Foundation appears in IRS records (EIN: 222808952). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Alice S Ayling Scholarship Foundation file IRS Form 990?
Yes, Alice S Ayling Scholarship Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Alice S Ayling Scholarship Foundation's revenue in 2023?
In the 202312 filing period, Alice S Ayling Scholarship Foundation reported total revenue of $2,075,812, total expenses of $1,668,023, and net assets of $8,040,882.
Is Alice S Ayling Scholarship Foundation's revenue growing or declining?
Alice S Ayling Scholarship Foundation's revenue is growing. Revenue went from $1,317,902 (202212) to $2,075,812 (202312), a +57.5% change. Based on 10 filings on record.
What is Alice S Ayling Scholarship Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Alice S Ayling Scholarship Foundation covers tax period 202312. It shows revenue of $2,075,812, expenses of $1,668,023, total assets of $8,040,882, and liabilities of $1.
How much does Alice S Ayling Scholarship Foundation spend on programs vs administration?
Based on IRS 990 analysis, Alice S Ayling Scholarship Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Alice S Ayling Scholarship Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Alice S Ayling Scholarship Foundation appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Alice S Ayling Scholarship Foundation?
The following concerns were identified: Total assets have shown a consistent decline from $9,617,067 in 2019 to $6,680,791 in 2023, a decrease of over $2.9 million.. Revenue has fluctuated significantly, with a peak of $2,075,812 in 2023 but a low of $374,016 in 2013, indicating potential reliance on inconsistent funding sources.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Alice S Ayling Scholarship Foundation's strengths?
Positive indicators for Alice S Ayling Scholarship Foundation include: The foundation consistently disburses funds, with expenses ranging from $635,265 to $1,719,467 annually, demonstrating active program delivery.. A long operational history is evident, with data available from 2013 to 2023, suggesting stability and experience.. The organization maintains a strong asset base relative to its annual expenses, providing a buffer for future operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Alice S Ayling Scholarship Foundation compensate executives?
Executive compensation is not reported in the provided data, suggesting either no paid executives or compensation below reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the consistent decline in total assets despite fluctuating but sometimes significant revenues?
The decline in assets from $9,617,067 in 2019 to $6,680,791 in 2023, even with revenues like $2,075,812 in 2023, suggests that total expenses (including program costs and potentially investment losses not detailed) are consistently exceeding total revenues and investment gains over the long term.
How does the foundation manage to maintain its scholarship programs with such variable annual revenues?
The foundation likely relies on its substantial asset base to smooth out the impact of variable annual revenues. When revenues are low, it can draw from its assets to maintain scholarship disbursements, as evidenced by expenses often exceeding revenues in several years (e.g., 2021: revenue $601,540, expenses $1,326,488).
Filing History
IRS 990 filing history for Alice S Ayling Scholarship Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alice S Ayling Scholarship Foundation's revenue has grown by 638%, moving from $281K to $2.1M. Total assets decreased by 11.1% over the same period, from $9.0M to $8.0M. Total functional expenses rose by 158.4%, from $646K to $1.7M. In its most recent filing year (2023), Alice S Ayling Scholarship Foundation reported a surplus of $408K, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.7M | $8.0M | $1 | — | — |
| 2022 | $1.3M | $1.5M | $7.6M | $1 | — | View 990 |
| 2021 | $602K | $1.3M | $7.8M | $1 | — | View 990 |
| 2020 | $602K | $1.7M | $8.5M | $1 | — | View 990 |
| 2019 | $943K | $1.1M | $9.6M | $1 | — | View 990 |
| 2015 | $525K | $661K | $9.3M | $1 | — | View 990 |
| 2014 | $945K | $643K | $9.5M | $1 | — | View 990 |
| 2013 | $374K | $635K | $8.6M | $1 | — | View 990 |
| 2012 | $452K | $619K | $8.9M | $1 | — | View 990 |
| 2011 | $281K | $646K | $9.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.7M, and assets of $8.0M (revenue +57.5% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.5M, and assets of $7.6M (revenue +119.1% year-over-year).
- 2021: Revenue of $602K, expenses of $1.3M, and assets of $7.8M (revenue +-0.0% year-over-year).
- 2020: Revenue of $602K, expenses of $1.7M, and assets of $8.5M (revenue -36.2% year-over-year).
- 2019: Revenue of $943K, expenses of $1.1M, and assets of $9.6M (revenue +79.4% year-over-year).
- 2015: Revenue of $525K, expenses of $661K, and assets of $9.3M (revenue -44.4% year-over-year).
- 2014: Revenue of $945K, expenses of $643K, and assets of $9.5M (revenue +152.7% year-over-year).
- 2013: Revenue of $374K, expenses of $635K, and assets of $8.6M (revenue -17.3% year-over-year).
- 2012: Revenue of $452K, expenses of $619K, and assets of $8.9M (revenue +60.8% year-over-year).
- 2011: Revenue of $281K, expenses of $646K, and assets of $9.0M.
Data Sources and Methodology
This transparency report for Alice S Ayling Scholarship Foundation 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.