Arizona Petroleum Marketers Association Scholarship Foundation
Arizona Petroleum Marketers Association Scholarship Foundation consistently provides scholarships with no executive compensation.
EIN: 10887630 · Phoenix, AZ · NTEE: B82 · Updated: 2026-03-28
Is Arizona Petroleum Marketers Association Scholarship Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arizona Petroleum Marketers Association Scholarship Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arizona Petroleum Marketers Association Scholarship Foundation
Arizona Petroleum Marketers Association Scholarship Foundation (EIN: 10887630) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B82. The organization reported total revenue of $163K and total assets of $290K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arizona Petroleum Marketers Association Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arizona Petroleum Marketers Association Scholarship Foundation is a small nonprofit that has been operating for 18 years, with 6 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $81K |
| Surplus / Deficit | $-14,519 |
| Total Assets | $242K |
| Net Assets | $242K |
| Operating Margin | -21.8% |
| Months of Reserves | 35.9 months |
Financial Health Grade: B
In 2023, Arizona Petroleum Marketers Association Scholarship Foundation reported a deficit of $15K with expenses exceeding revenue, holds 35.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2023), Arizona Petroleum Marketers Association Scholarship Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.1% | +11.5% | -5.7% |
| 2022 | +112.8% | +15.3% | +16.6% |
| 2021 | -29.6% | -14.8% | -5.0% |
| 2020 | +16.2% | +27.6% | -0.5% |
| 2019 | +71.9% | +104.7% | +58.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Arizona Petroleum Marketers Association Scholarship Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Arizona Petroleum Marketers Association Scholarship Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and ensures that a maximal portion of funds is directed towards the foundation's scholarship programs.
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 Arizona Petroleum Marketers Association Scholarship Foundation:
- Zero executive compensation, maximizing program spending.
- Consistent growth in assets, from $147,276 in 2011 to $290,472 currently.
- No reported liabilities across all filings, indicating strong financial health.
- Clear and consistent mission focus on scholarships (NTEE Code B82).
- Transparent financial reporting through regular IRS 990 filings.
Frequently Asked Questions about Arizona Petroleum Marketers Association Scholarship Foundation
Is Arizona Petroleum Marketers Association Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Arizona Petroleum Marketers Association Scholarship Foundation (EIN: 10887630) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Arizona Petroleum Marketers Association Scholarship Foundation spend its money?
Arizona Petroleum Marketers Association Scholarship Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arizona Petroleum Marketers Association Scholarship Foundation tax-deductible?
Arizona Petroleum Marketers Association Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 10887630). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Arizona Petroleum Marketers Association Scholarship Foundation financially stable?
Yes, the foundation appears financially stable with current assets of $290,472 and no reported liabilities across all available filings, indicating a healthy balance sheet and low financial risk.
How much of the organization's funds go to executive salaries?
None. The organization reports 0% officer compensation in all available IRS 990 filings, meaning all leadership is volunteer-based.
Has the organization's asset base grown over time?
Yes, the organization's assets have grown from $147,276 in 2011 to $290,472 in the latest period, demonstrating consistent financial growth.
Filing History
IRS 990 filing history for Arizona Petroleum Marketers Association Scholarship Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2023), Arizona Petroleum Marketers Association Scholarship Foundation's revenue has grown by 82.3%, moving from $36K to $67K. Total assets increased by 64.6% over the same period, from $147K to $242K. Total functional expenses rose by 186%, from $28K to $81K. In its most recent filing year (2023), Arizona Petroleum Marketers Association Scholarship Foundation reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $81K | $242K | $0 | — | View 990 |
| 2022 | $109K | $73K | $257K | $0 | — | View 990 |
| 2021 | $51K | $63K | $220K | $0 | — | View 990 |
| 2020 | $73K | $74K | $232K | $0 | — | — |
| 2019 | $63K | $58K | $233K | $0 | — | View 990 |
| 2011 | $36K | $28K | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $81K, and assets of $242K (revenue -39.1% year-over-year).
- 2022: Revenue of $109K, expenses of $73K, and assets of $257K (revenue +112.8% year-over-year).
- 2021: Revenue of $51K, expenses of $63K, and assets of $220K (revenue -29.6% year-over-year).
- 2020: Revenue of $73K, expenses of $74K, and assets of $232K (revenue +16.2% year-over-year).
- 2019: Revenue of $63K, expenses of $58K, and assets of $233K (revenue +71.9% year-over-year).
- 2011: Revenue of $36K, expenses of $28K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arizona Petroleum Marketers Association Scholarship Foundation:
Data Sources and Methodology
This transparency report for Arizona Petroleum Marketers Association 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.