Amrit Sandhu Scholarship Foundation

Amrit Sandhu Scholarship Foundation consistently maintains low expenses and no officer compensation, with growing revenue supporting its mission.

EIN: 20448482 · Bedford, NH · Updated: 2026-03-28

$6KRevenue
$42KAssets
95/100Mission Score (Excellent)
Amrit Sandhu Scholarship Foundation Financial Summary
MetricValue
Total Revenue$6K
Total Expenses$425
Program Spending90%
Net Assets$43K
Transparency Score95/100

Is Amrit Sandhu Scholarship Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Amrit Sandhu Scholarship Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Amrit Sandhu Scholarship Foundation

Amrit Sandhu Scholarship Foundation (EIN: 20448482) is a nonprofit organization based in Bedford, NH. The organization reported total revenue of $6K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amrit Sandhu Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

35Years Operating
MicroSize Classification
9Years of Filings
MixedRevenue Trajectory

Amrit Sandhu Scholarship Foundation is a micro nonprofit that has been operating for 35 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.6%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$2K
Total Expenses$425
Surplus / Deficit+$2K
Total Assets$43K
Total Liabilities$1
Net Assets$43K
Operating Margin82.7%
Debt-to-Asset Ratio0.0%
Months of Reserves1210.9 months

Financial Health Grade: A

In 2024, Amrit Sandhu Scholarship Foundation reported a surplus of $2K with revenue exceeding expenses, holds 1210.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 9 years of filings (2012–2024), Amrit Sandhu Scholarship Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.

YearRevenue ChangeExpense ChangeAsset Change
2024-0.3%-45.2%-1.2%
2023+1.3%+63.2%-3.3%
2022+49.1%+11.8%-1.9%
2021+15.4%-45.2%-0.9%
2020+55.0%-55.9%-11.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1991

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Amrit Sandhu Scholarship Foundation demonstrates consistent financial stability with a healthy asset base relative to its revenue. Over the past several years, the organization has maintained assets above $42,000, peaking at $60,280 in 2012. Revenue has shown a positive trend, increasing from $910 in 2012 to $2,455 in 2024, indicating growing support. The foundation consistently reports minimal liabilities, typically $1, which is a strong indicator of sound financial management and low risk. The absence of officer compensation across all reported periods suggests a volunteer-driven model, which can contribute to higher program efficiency by minimizing administrative overhead. Spending efficiency appears to be very strong, with expenses consistently low compared to revenue. For instance, in 2024, expenses were only $425 against $2,455 in revenue, and in 2023, $775 against $2,463. This suggests that a significant portion of funds are either retained for future scholarships or directly disbursed, aligning well with a scholarship foundation's mission. The organization's consistent filing of IRS Form 990s over nine periods demonstrates a commitment to transparency, providing a clear historical record of its financial activities. Overall, the Amrit Sandhu Scholarship Foundation appears to be a well-managed and financially prudent organization. Its consistent asset base, low expenses relative to revenue, and lack of executive compensation point to a high degree of financial health and a strong focus on its programmatic goals. The consistent reporting further enhances its transparency profile.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Amrit Sandhu Scholarship Foundation with a Mission Score of 95 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Amrit Sandhu Scholarship Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$2KTotal Revenue
$425Total Expenses
$43KTotal Assets
$1Total Liabilities
$43KNet Assets
  • The organization reported a surplus of $2K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all nine filing periods, indicating that the organization is run by volunteers and dedicates all available funds to its mission rather than executive salaries.

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.

Strengths

The following positive indicators were identified for Amrit Sandhu Scholarship Foundation:

  • Consistent financial stability with assets above $42,000 in recent years.
  • Extremely low expenses relative to revenue, indicating high operational efficiency (e.g., $425 expenses vs. $2,455 revenue in 2024).
  • Zero officer compensation across all reported periods, suggesting a volunteer-driven model and direct application of funds to mission.
  • Minimal liabilities (typically $1) demonstrating sound financial management and low risk.
  • Consistent IRS 990 filing history over nine periods, indicating strong transparency and compliance.

Frequently Asked Questions about Amrit Sandhu Scholarship Foundation

Is Amrit Sandhu Scholarship Foundation a legitimate charity?

Amrit Sandhu Scholarship Foundation (EIN: 20448482) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 95/100. It has 9 years of IRS 990 filings on record. Total revenue: $6K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Amrit Sandhu Scholarship Foundation spend its money?

Amrit Sandhu Scholarship Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Amrit Sandhu Scholarship Foundation tax-deductible?

Amrit Sandhu Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 20448482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Amrit Sandhu Scholarship Foundation located?

Amrit Sandhu Scholarship Foundation is headquartered in Bedford, New Hampshire and files with the IRS under EIN 20448482.

How many years of IRS 990 filings does Amrit Sandhu Scholarship Foundation have?

Amrit Sandhu Scholarship Foundation has 9 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 $6K in total revenue.

How does the Amrit Sandhu Scholarship Foundation identify and select scholarship recipients?

While the IRS 990 filings confirm the foundation's financial health and operational efficiency, they do not detail the specific criteria or process for scholarship recipient selection. This information would typically be found on the organization's website or in its program materials.

What is the total amount of scholarships awarded annually?

The IRS 990 filings provide total expenses, but do not disaggregate program service expenses to specifically show the amount of scholarships awarded. Given the low overall expenses (e.g., $425 in 2024), it suggests that either a small number of scholarships are awarded, or the foundation is building its endowment for future awards.

Does the foundation have a public website or annual report detailing its impact?

The IRS 990 data does not provide information on the existence of a public website or annual report. Such resources would offer greater insight into the foundation's impact and specific activities beyond the financial figures.

Filing History

IRS 990 filing history for Amrit Sandhu Scholarship Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2024), Amrit Sandhu Scholarship Foundation's revenue has grown by 169.8%, moving from $910 to $2K. Total assets decreased by 28.9% over the same period, from $60K to $43K. Total functional expenses fell by 85.5%, from $3K to $425. In its most recent filing year (2024), Amrit Sandhu Scholarship Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1 in liabilities against $43K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $43K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $2K $425 $43K $1
2023 $2K $775 $43K $1
2022 $2K $475 $45K $1
2021 $2K $425 $46K $1
2020 $1K $775 $46K $1 View 990
2015 $911 $2K $52K $1 View 990
2014 $818 $425 $50K $1 View 990
2013 $879 $2K $51K $1 View 990
2012 $910 $3K $60K $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $2K, expenses of $425, and assets of $43K (revenue -0.3% year-over-year).
  • 2023: Revenue of $2K, expenses of $775, and assets of $43K (revenue +1.3% year-over-year).
  • 2022: Revenue of $2K, expenses of $475, and assets of $45K (revenue +49.1% year-over-year).
  • 2021: Revenue of $2K, expenses of $425, and assets of $46K (revenue +15.4% year-over-year).
  • 2020: Revenue of $1K, expenses of $775, and assets of $46K (revenue +55.0% year-over-year).
  • 2015: Revenue of $911, expenses of $2K, and assets of $52K (revenue +11.4% year-over-year).
  • 2014: Revenue of $818, expenses of $425, and assets of $50K (revenue -6.9% year-over-year).
  • 2013: Revenue of $879, expenses of $2K, and assets of $51K (revenue -3.4% year-over-year).
  • 2012: Revenue of $910, expenses of $3K, and assets of $60K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Amrit Sandhu Scholarship Foundation:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Amrit Sandhu 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.

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