Brian Schramm Service Above Self Scholarship Fund Inc
Small scholarship fund consistently spends more than it earns, depleting assets.
EIN: 205568505 · Montevallo, AL · NTEE: B82 · Updated: 2026-03-28
Is Brian Schramm Service Above Self Scholarship Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brian Schramm Service Above Self Scholarship Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brian Schramm Service Above Self Scholarship Fund Inc
Brian Schramm Service Above Self Scholarship Fund Inc (EIN: 205568505) is a nonprofit organization based in Montevallo, AL, classified under NTEE code B82. The organization reported total revenue of $542 and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brian Schramm Service Above Self Scholarship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brian Schramm Service Above Self Scholarship Fund Inc is a micro nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2015–2018). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $542 |
| Total Expenses | $2K |
| Surplus / Deficit | $-1,458 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -269.0% |
| Months of Reserves | 88.0 months |
Financial Health Grade: B
In 2018, Brian Schramm Service Above Self Scholarship Fund Inc reported a deficit of $1K with expenses exceeding revenue, holds 88.0 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2015–2018), Brian Schramm Service Above Self Scholarship Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +45.3% | -50.6% | -9.0% |
| 2017 | -66.9% | +1.3% | -18.4% |
| 2016 | +136.6% | -11.1% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Brian Schramm Service Above Self Scholarship Fund Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Brian Schramm Service Above Self Scholarship Fund Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led structure. This is appropriate for an organization of its small size and limited revenue.
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 Brian Schramm Service Above Self Scholarship Fund Inc's IRS 990 filings:
- Consistent deficit spending (expenses significantly exceed revenue in all reported periods, e.g., $542 revenue vs. $2,000 expenses in 2018).
- Declining asset base over time (from $22,627 in 2015 to $14,669 in 2018), indicating unsustainable financial practices.
- Very low revenue generation relative to expenses, suggesting limited fundraising success or reliance on a small donor base.
Strengths
The following positive indicators were identified for Brian Schramm Service Above Self Scholarship Fund Inc:
- Zero officer compensation, indicating volunteer leadership and potentially low administrative overhead.
- Consistent IRS 990 filings, demonstrating transparency.
- Clear mission as a scholarship fund (NTEE B82).
Frequently Asked Questions about Brian Schramm Service Above Self Scholarship Fund Inc
Is Brian Schramm Service Above Self Scholarship Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brian Schramm Service Above Self Scholarship Fund Inc (EIN: 205568505) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Brian Schramm Service Above Self Scholarship Fund Inc spend its money?
Brian Schramm Service Above Self Scholarship Fund Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brian Schramm Service Above Self Scholarship Fund Inc tax-deductible?
Brian Schramm Service Above Self Scholarship Fund Inc is registered as a tax-exempt nonprofit (EIN: 205568505). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Brian Schramm Service Above Self Scholarship Fund Inc. financially sustainable?
Based on the provided data, the organization is not financially sustainable in its current state. It has consistently spent more than its revenue, leading to a decline in assets from $22,627 in 2015 to $14,669 in 2018. This trend cannot continue indefinitely without new funding sources.
What is the primary use of the organization's funds?
As a scholarship fund, the primary use of funds is likely for awarding scholarships. While a detailed expense breakdown isn't provided, the NTEE code B82 (Scholarship & Student Financial Aid) supports this, and the lack of officer compensation suggests direct program spending and essential administrative costs.
Filing History
IRS 990 filing history for Brian Schramm Service Above Self Scholarship Fund Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2015–2018), Brian Schramm Service Above Self Scholarship Fund Inc's revenue has grown by 13.9%, moving from $476 to $542. Total assets decreased by 35.2% over the same period, from $23K to $15K. Total functional expenses fell by 55.6%, from $5K to $2K. In its most recent filing year (2018), Brian Schramm Service Above Self Scholarship Fund Inc reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $542 | $2K | $15K | $0 | — | View 990 |
| 2017 | $373 | $4K | $16K | $0 | — | View 990 |
| 2016 | $1K | $4K | $20K | $0 | — | View 990 |
| 2015 | $476 | $5K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $542, expenses of $2K, and assets of $15K (revenue +45.3% year-over-year).
- 2017: Revenue of $373, expenses of $4K, and assets of $16K (revenue -66.9% year-over-year).
- 2016: Revenue of $1K, expenses of $4K, and assets of $20K (revenue +136.6% year-over-year).
- 2015: Revenue of $476, expenses of $5K, and assets of $23K.
Data Sources and Methodology
This transparency report for Brian Schramm Service Above Self 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.