Area Scholastic Awards Trust Fund
EIN: 237056712 · Las Vegas, NV · NTEE: T21
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $20K |
| Net Assets | $186K |
Is Area Scholastic Awards Trust Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Area Scholastic Awards Trust Fund
Area Scholastic Awards Trust Fund (EIN: 237056712) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T21. The organization reported total revenue of $251K and total assets of $190K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Area Scholastic Awards Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Area Scholastic Awards Trust Fund is a small nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $20K |
| Surplus / Deficit | $-1,272 |
| Total Assets | $186K |
| Total Liabilities | $1 |
| Net Assets | $186K |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 109.6 months |
Financial Health Grade: B
In 2020, Area Scholastic Awards Trust Fund reported a deficit of $1K with expenses exceeding revenue, holds 109.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Area Scholastic Awards Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -7.7% | +65.6% | -0.4% |
| 2019 | +268.5% | -4.5% | +0.1% |
| 2015 | -63.7% | +11.8% | -3.6% |
| 2014 | +68.4% | -28.3% | +1.9% |
| 2013 | -22.6% | -5.3% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Area Scholastic Awards Trust Fund 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 Area Scholastic Awards Trust Fund 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Area Scholastic Awards Trust Fund
Is Area Scholastic Awards Trust Fund a legitimate charity?
Area Scholastic Awards Trust Fund (EIN: 237056712) is a registered tax-exempt nonprofit based in Nevada. It has 7 years of IRS 990 filings on record. Total revenue: $251K. No red flags identified. Financial health grade: B.
How does Area Scholastic Awards Trust Fund spend its money?
Area Scholastic Awards Trust Fund reported $251K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Area Scholastic Awards Trust Fund tax-deductible?
Area Scholastic Awards Trust Fund is registered as a tax-exempt nonprofit (EIN: 237056712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Area Scholastic Awards Trust Fund located?
Area Scholastic Awards Trust Fund is headquartered in Las Vegas, Nevada and files with the IRS under EIN 237056712. It is classified under NTEE code T21.
How many years of IRS 990 filings does Area Scholastic Awards Trust Fund have?
Area Scholastic Awards Trust Fund has 7 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 $251K in total revenue.
Filing History
IRS 990 filing history for Area Scholastic Awards Trust Fund showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Area Scholastic Awards Trust Fund's revenue has grown by 232.1%, moving from $6K to $19K. Total assets decreased by 8% over the same period, from $202K to $186K. Total functional expenses rose by 42.9%, from $14K to $20K. In its most recent filing year (2020), Area Scholastic Awards Trust Fund reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $186K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $186K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $19K | $20K | $186K | $1 | — | View 990 |
| 2019 | $21K | $12K | $187K | $1 | — | View 990 |
| 2015 | $6K | $13K | $187K | $1 | — | View 990 |
| 2014 | $15K | $12K | $194K | $1 | — | View 990 |
| 2013 | $9K | $16K | $190K | $1 | — | View 990 |
| 2012 | $12K | $17K | $197K | $1 | — | View 990 |
| 2011 | $6K | $14K | $202K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $19K, expenses of $20K, and assets of $186K (revenue -7.7% year-over-year).
- 2019: Revenue of $21K, expenses of $12K, and assets of $187K (revenue +268.5% year-over-year).
- 2015: Revenue of $6K, expenses of $13K, and assets of $187K (revenue -63.7% year-over-year).
- 2014: Revenue of $15K, expenses of $12K, and assets of $194K (revenue +68.4% year-over-year).
- 2013: Revenue of $9K, expenses of $16K, and assets of $190K (revenue -22.6% year-over-year).
- 2012: Revenue of $12K, expenses of $17K, and assets of $197K (revenue +106.3% year-over-year).
- 2011: Revenue of $6K, expenses of $14K, and assets of $202K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Area Scholastic Awards Trust Fund:
Data Sources and Methodology
This transparency report for Area Scholastic Awards Trust Fund 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.