Bobby D Driver Memorial Scholarship Fund Inc

Bobby D Driver Memorial Scholarship Fund Inc reports no revenue or assets in latest filing.

EIN: 205430755 · Glasgow, KY · NTEE: B82 · Updated: 2026-03-28

$0Revenue
$0Assets
50/100Mission Score (Fair)
B82
Bobby D Driver Memorial Scholarship Fund Inc Financial Summary
MetricValue
CEO/Top Officer Pay$0
Transparency Score50/100

Is Bobby D Driver Memorial Scholarship Fund Inc Legit?

Some Concerns

NoneFiling Consistency
UnknownSpending Efficiency
ModerateTransparency
2 FoundRed Flags

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

About Bobby D Driver Memorial Scholarship Fund Inc

Bobby D Driver Memorial Scholarship Fund Inc (EIN: 205430755) is a nonprofit organization based in Glasgow, KY, classified under NTEE code B82. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bobby D Driver Memorial Scholarship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

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

AI Transparency Report

The Bobby D Driver Memorial Scholarship Fund Inc appears to be a very small, potentially inactive, or newly formed organization based on the latest available IRS 990 data. With $0 in reported revenue and $0 in assets, there is no financial activity to analyze regarding spending efficiency or financial health. The lack of financial data makes it impossible to assess its operational effectiveness or the impact of its programs. Transparency is limited to the basic filing, but without financial transactions, there's little to disclose beyond its existence. Given the absence of financial figures, it's not possible to evaluate how effectively the organization is utilizing funds or if it is achieving its stated mission. A charity with no revenue and no assets cannot be assessed for financial health or spending efficiency. Further investigation would be needed to determine if this is a new entity awaiting funding, an organization that has ceased operations, or one that operates on a purely volunteer basis without reportable financial transactions.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bobby D Driver Memorial Scholarship Fund Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 0%
  • programs: 0%
  • fundraising: 0%

According to IRS 990 filings, Bobby D Driver Memorial Scholarship Fund Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.

Executive Compensation Analysis

No executive compensation was reported, consistent with the organization's $0 revenue and assets.

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 Bobby D Driver Memorial Scholarship Fund Inc's IRS 990 filings:

  • Zero revenue and assets reported, indicating potential inactivity or lack of operations.
  • No financial data available to assess program impact or efficiency.

Strengths

The following positive indicators were identified for Bobby D Driver Memorial Scholarship Fund Inc:

  • No reported liabilities, consistent with zero assets and revenue.

Frequently Asked Questions about Bobby D Driver Memorial Scholarship Fund Inc

Is Bobby D Driver Memorial Scholarship Fund Inc a legitimate charity?

Bobby D Driver Memorial Scholarship Fund Inc (EIN: 205430755) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 50/100. 2 red flags identified. 1 strength noted. Financial health grade: D.

How does Bobby D Driver Memorial Scholarship Fund Inc spend its money?

Bobby D Driver Memorial Scholarship Fund Inc reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.

Are donations to Bobby D Driver Memorial Scholarship Fund Inc tax-deductible?

Bobby D Driver Memorial Scholarship Fund Inc is registered as a tax-exempt nonprofit (EIN: 205430755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Bobby D Driver Memorial Scholarship Fund Inc CEO make?

Bobby D Driver Memorial Scholarship Fund Inc's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.

How does Bobby D Driver Memorial Scholarship Fund Inc compare to similar nonprofits?

With a transparency score of 50/100 (Fair), Bobby D Driver Memorial Scholarship Fund Inc is near average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Bobby D Driver Memorial Scholarship Fund Inc located?

Bobby D Driver Memorial Scholarship Fund Inc is headquartered in Glasgow, Kentucky and files with the IRS under EIN 205430755. It is classified under NTEE code B82.

Is Bobby D Driver Memorial Scholarship Fund Inc currently active?

Based on the latest IRS 990 data showing $0 revenue and $0 assets, it is unclear if the organization is currently active or operational in a meaningful financial sense. Further inquiry directly with the organization would be needed.

How does Bobby D Driver Memorial Scholarship Fund Inc fund its programs?

The latest filing indicates $0 in revenue, suggesting the organization is not currently receiving funds or operating programs that incur reportable expenses. It's possible it operates on a very small, informal scale not captured by the filing, or is not yet active.

Data Sources and Methodology

This transparency report for Bobby D Driver Memorial Scholarship Fund 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.

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