Amy E Shapiro Scholarship Foundation Inc
Amy E Shapiro Scholarship Foundation consistently awards scholarships with no executive compensation, drawing from a stable asset base.
EIN: 133693797 · Stamford, CT · Updated: 2026-03-28
Is Amy E Shapiro Scholarship Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amy E Shapiro Scholarship Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amy E Shapiro Scholarship Foundation Inc
Amy E Shapiro Scholarship Foundation Inc (EIN: 133693797) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $21K and total assets of $258K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amy E Shapiro Scholarship Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amy E Shapiro Scholarship Foundation Inc is a micro nonprofit that has been operating for 32 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $23K |
| Surplus / Deficit | $-7,777 |
| Total Assets | $279K |
| Total Liabilities | $1 |
| Net Assets | $279K |
| Operating Margin | -52.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.9 months |
Financial Health Grade: B
In 2022, Amy E Shapiro Scholarship Foundation Inc reported a deficit of $8K with expenses exceeding revenue, holds 147.9 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 (2011–2022), Amy E Shapiro Scholarship Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -66.5% | +13.0% | -2.7% |
| 2021 | +145.1% | +38.6% | +9.3% |
| 2020 | +14.4% | -31.1% | +1.4% |
| 2019 | -25.2% | +6.8% | -11.7% |
| 2015 | -0.3% | +0.6% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amy E Shapiro Scholarship Foundation Inc with a Mission Score of 92 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, Amy E Shapiro Scholarship Foundation Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size and mission.
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 Amy E Shapiro Scholarship Foundation Inc's IRS 990 filings:
- Occasional deficit spending where expenses exceed revenue, potentially drawing down assets over time (e.g., 2022: $22,665 expenses vs. $14,888 revenue).
Strengths
The following positive indicators were identified for Amy E Shapiro Scholarship Foundation Inc:
- 100% of officer compensation is 0%, indicating all leadership is volunteer-based.
- Consistent history of IRS 990 filings, demonstrating strong transparency.
- Stable asset base (currently $257,870) provides financial resilience.
- Minimal liabilities reported across all periods ($1 in recent years, $0 previously).
Frequently Asked Questions about Amy E Shapiro Scholarship Foundation Inc
Is Amy E Shapiro Scholarship Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Amy E Shapiro Scholarship Foundation Inc (EIN: 133693797) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Amy E Shapiro Scholarship Foundation Inc spend its money?
Amy E Shapiro Scholarship Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Amy E Shapiro Scholarship Foundation Inc tax-deductible?
Amy E Shapiro Scholarship Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133693797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Amy E Shapiro Scholarship Foundation Inc. a good charity?
Based on the available data, the Amy E Shapiro Scholarship Foundation Inc. appears to be a very good charity. It consistently directs 100% of its officer compensation towards its mission (as there is none), maintains a stable asset base, and has a clear history of financial transparency through its IRS 990 filings.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, though there are periods where expenses exceed revenue, such as in 2022 ($22,665 expenses vs. $14,888 revenue). However, its stable asset base of around $250,000-$300,000 suggests it can absorb these fluctuations and continue its program activities.
What is the trend in the organization's assets?
The organization's assets have shown a slight downward trend over the long term, from $316,266 in 2011 to $257,870 currently. However, they have remained relatively stable in recent years, fluctuating around the $260,000-$280,000 mark.
Filing History
IRS 990 filing history for Amy E Shapiro Scholarship Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Amy E Shapiro Scholarship Foundation Inc's revenue has grown by 7.6%, moving from $14K to $15K. Total assets decreased by 11.6% over the same period, from $316K to $279K. Total functional expenses rose by 28.5%, from $18K to $23K. In its most recent filing year (2022), Amy E Shapiro Scholarship Foundation Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $279K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $279K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $15K | $23K | $279K | $1 | — | View 990 |
| 2021 | $44K | $20K | $287K | $1 | — | — |
| 2020 | $18K | $14K | $263K | $1 | — | — |
| 2019 | $16K | $21K | $259K | $1 | — | — |
| 2015 | $21K | $20K | $293K | $0 | — | View 990 |
| 2014 | $21K | $20K | $299K | $0 | — | View 990 |
| 2013 | $20K | $24K | $310K | $0 | — | View 990 |
| 2012 | $14K | $17K | $314K | $0 | — | View 990 |
| 2011 | $14K | $18K | $316K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $15K, expenses of $23K, and assets of $279K (revenue -66.5% year-over-year).
- 2021: Revenue of $44K, expenses of $20K, and assets of $287K (revenue +145.1% year-over-year).
- 2020: Revenue of $18K, expenses of $14K, and assets of $263K (revenue +14.4% year-over-year).
- 2019: Revenue of $16K, expenses of $21K, and assets of $259K (revenue -25.2% year-over-year).
- 2015: Revenue of $21K, expenses of $20K, and assets of $293K (revenue -0.3% year-over-year).
- 2014: Revenue of $21K, expenses of $20K, and assets of $299K (revenue +4.4% year-over-year).
- 2013: Revenue of $20K, expenses of $24K, and assets of $310K (revenue +43.7% year-over-year).
- 2012: Revenue of $14K, expenses of $17K, and assets of $314K (revenue +2.4% year-over-year).
- 2011: Revenue of $14K, expenses of $18K, and assets of $316K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amy E Shapiro Scholarship Foundation Inc:
Data Sources and Methodology
This transparency report for Amy E Shapiro Scholarship Foundation 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.