Bobby Gasaway Scholarship Trust
EIN: 710712721 · Dumas, AR
Is Bobby Gasaway Scholarship Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bobby Gasaway Scholarship Trust
Bobby Gasaway Scholarship Trust (EIN: 710712721) is a nonprofit organization based in Dumas, AR. 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 Gasaway Scholarship Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bobby Gasaway Scholarship Trust is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -17.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $9K |
| Surplus / Deficit | $-7,090 |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | -376.1% |
| Months of Reserves | 21.4 months |
Financial Health Grade: B
In 2016, Bobby Gasaway Scholarship Trust reported a deficit of $7K with expenses exceeding revenue, holds 21.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2016), Bobby Gasaway Scholarship Trust's revenue has declined at a compound annual growth rate (CAGR) of -17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -49.7% | -14.3% | -30.7% |
| 2015 | -8.1% | -16.0% | -22.6% |
| 2014 | +51.9% | +13.6% | -22.0% |
| 2013 | -31.9% | +28.9% | -17.8% |
| 2012 | -20.3% | +20.7% | -9.0% |
AI Analysis Pending
AI enrichment for Bobby Gasaway Scholarship Trust 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 Bobby Gasaway Scholarship Trust 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Frequently Asked Questions about Bobby Gasaway Scholarship Trust
Is Bobby Gasaway Scholarship Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Bobby Gasaway Scholarship Trust (EIN: 710712721) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bobby Gasaway Scholarship Trust spend its money?
Detailed spending breakdown data is not yet available for Bobby Gasaway Scholarship Trust. Check back for updated IRS 990 analysis.
Are donations to Bobby Gasaway Scholarship Trust tax-deductible?
Bobby Gasaway Scholarship Trust is registered as a tax-exempt nonprofit (EIN: 710712721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Bobby Gasaway Scholarship Trust showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Bobby Gasaway Scholarship Trust's revenue has declined by 61.8%, moving from $5K to $2K. Total assets decreased by 68.7% over the same period, from $51K to $16K. Total functional expenses rose by 27.3%, from $7K to $9K. In its most recent filing year (2016), Bobby Gasaway Scholarship Trust reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $2K | $9K | $16K | $0 | — | View 990 |
| 2015 | $4K | $10K | $23K | $0 | — | View 990 |
| 2014 | $4K | $12K | $30K | $0 | — | View 990 |
| 2013 | $3K | $11K | $38K | $0 | — | View 990 |
| 2012 | $4K | $9K | $47K | $0 | — | View 990 |
| 2011 | $5K | $7K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $2K, expenses of $9K, and assets of $16K (revenue -49.7% year-over-year).
- 2015: Revenue of $4K, expenses of $10K, and assets of $23K (revenue -8.1% year-over-year).
- 2014: Revenue of $4K, expenses of $12K, and assets of $30K (revenue +51.9% year-over-year).
- 2013: Revenue of $3K, expenses of $11K, and assets of $38K (revenue -31.9% year-over-year).
- 2012: Revenue of $4K, expenses of $9K, and assets of $47K (revenue -20.3% year-over-year).
- 2011: Revenue of $5K, expenses of $7K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bobby Gasaway Scholarship Trust:
Data Sources and Methodology
This transparency report for Bobby Gasaway Scholarship Trust 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.