Arthur & Harriet Wright Memorial Scholarship Trust 72926033
EIN: 46552717 · Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $81K |
| Total Expenses | $72K |
| Net Assets | $3K |
Is Arthur & Harriet Wright Memorial Scholarship Trust 72926033 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arthur & Harriet Wright Memorial Scholarship Trust 72926033
Arthur & Harriet Wright Memorial Scholarship Trust 72926033 (EIN: 46552717) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $81K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arthur & Harriet Wright Memorial Scholarship Trust 72926033's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arthur & Harriet Wright Memorial Scholarship Trust 72926033 is a micro nonprofit that has been operating for 35 years, with 7 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 37.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $72K |
| Surplus / Deficit | $-54,326 |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $3K |
| Operating Margin | -308.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2021, Arthur & Harriet Wright Memorial Scholarship Trust 72926033 reported a deficit of $54K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2021), Arthur & Harriet Wright Memorial Scholarship Trust 72926033's revenue has grown at a compound annual growth rate (CAGR) of 37.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +398.1% | +1818.0% | -94.2% |
| 2020 | +739.1% | +0.7% | -0.8% |
| 2016 | -79.0% | -2.6% | -6.3% |
| 2015 | +1.0% | +0.9% | -1.6% |
| 2014 | -36.6% | -0.1% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arthur & Harriet Wright Memorial Scholarship Trust 72926033 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 Arthur & Harriet Wright Memorial Scholarship Trust 72926033 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Arthur & Harriet Wright Memorial Scholarship Trust 72926033
Is Arthur & Harriet Wright Memorial Scholarship Trust 72926033 a legitimate charity?
Arthur & Harriet Wright Memorial Scholarship Trust 72926033 (EIN: 46552717) is a registered tax-exempt nonprofit based in Rhode Island. It has 7 years of IRS 990 filings on record. Total revenue: $81K. No red flags identified. Financial health grade: C.
How does Arthur & Harriet Wright Memorial Scholarship Trust 72926033 spend its money?
Arthur & Harriet Wright Memorial Scholarship Trust 72926033 reported $81K 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 Arthur & Harriet Wright Memorial Scholarship Trust 72926033 tax-deductible?
Arthur & Harriet Wright Memorial Scholarship Trust 72926033 is registered as a tax-exempt nonprofit (EIN: 46552717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arthur & Harriet Wright Memorial Scholarship Trust 72926033 located?
Arthur & Harriet Wright Memorial Scholarship Trust 72926033 is headquartered in Providence, Rhode Island and files with the IRS under EIN 46552717.
How many years of IRS 990 filings does Arthur & Harriet Wright Memorial Scholarship Trust 72926033 have?
Arthur & Harriet Wright Memorial Scholarship Trust 72926033 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 $81K in total revenue.
Filing History
IRS 990 filing history for Arthur & Harriet Wright Memorial Scholarship Trust 72926033 showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2021), Arthur & Harriet Wright Memorial Scholarship Trust 72926033's revenue has grown by 1620.9%, moving from $1K to $18K. Total assets decreased by 94.9% over the same period, from $57K to $3K. Total functional expenses rose by 1319.1%, from $5K to $72K. In its most recent filing year (2021), Arthur & Harriet Wright Memorial Scholarship Trust 72926033 reported a deficit of $54K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $18K | $72K | $3K | $1 | — | — |
| 2020 | $4K | $4K | $51K | $1 | — | — |
| 2016 | $422 | $4K | $51K | $1 | — | View 990 |
| 2015 | $2K | $4K | $55K | $1 | — | View 990 |
| 2014 | $2K | $4K | $56K | $1 | — | View 990 |
| 2013 | $3K | $4K | $57K | $0 | — | View 990 |
| 2012 | $1K | $5K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $18K, expenses of $72K, and assets of $3K (revenue +398.1% year-over-year).
- 2020: Revenue of $4K, expenses of $4K, and assets of $51K (revenue +739.1% year-over-year).
- 2016: Revenue of $422, expenses of $4K, and assets of $51K (revenue -79.0% year-over-year).
- 2015: Revenue of $2K, expenses of $4K, and assets of $55K (revenue +1.0% year-over-year).
- 2014: Revenue of $2K, expenses of $4K, and assets of $56K (revenue -36.6% year-over-year).
- 2013: Revenue of $3K, expenses of $4K, and assets of $57K (revenue +205.7% year-over-year).
- 2012: Revenue of $1K, expenses of $5K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arthur & Harriet Wright Memorial Scholarship Trust 72926033:
Data Sources and Methodology
This transparency report for Arthur & Harriet Wright Memorial Scholarship Trust 72926033 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.