Bridgton High School Scholarship Foundation

Bridgton High School Scholarship Foundation consistently maintains low expenses and zero officer compensation, growing assets for scholarships.

EIN: 16012127 · Bridgton, ME · NTEE: B82Z · Updated: 2026-03-28

$0Revenue

$0Assets

95/100Mission Score (Excellent)

B82Z

About Bridgton High School Scholarship Foundation

Bridgton High School Scholarship Foundation (EIN: 16012127) is a nonprofit organization based in Bridgton, ME, classified under NTEE code B82Z. 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 Bridgton High School Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Bridgton High School Scholarship Foundation demonstrates strong financial health and a clear commitment to its mission of providing scholarships. Over the past several years, the organization has consistently maintained a healthy asset base, growing from $539,757 in 2011 to $888,286 in 2019. Revenue streams have shown some variability, with a peak of $201,315 in 2018, but expenses have remained remarkably low and stable, indicating efficient operations. For instance, in 2019, with revenues of $179,834, expenses were only $28,675, suggesting a significant portion of funds are retained for future scholarship disbursements or endowment growth. The consistent reporting of 0% officer compensation across all filings further underscores a dedication to directing resources towards programmatic goals rather than administrative overhead. The foundation's financial practices appear transparent and focused on long-term sustainability to support its educational mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bridgton High School Scholarship Foundation with a Mission Score of 95 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Bridgton High School Scholarship Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of this size.

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 Bridgton High School Scholarship Foundation:

Consistently low operating expenses (e.g., $28,675 in 2019 vs. $179,834 revenue).
Zero officer compensation reported across all filings, indicating strong dedication to mission.
Healthy and growing asset base, increasing from $539,757 in 2011 to $888,286 in 2019.
Strong program focus, with a high percentage of funds available for scholarships due to low overhead.
Consistent financial reporting over multiple years, demonstrating transparency.

Frequently Asked Questions about Bridgton High School Scholarship Foundation

How does the foundation manage to keep its expenses so low?

The consistently low expenses, such as $28,675 in 2019 against $179,834 in revenue, suggest highly efficient operations, potentially relying heavily on volunteer support for administrative and fundraising activities, and minimal overhead costs.

What is the primary source of the foundation's revenue?

While specific revenue sources aren't detailed in the provided summary, the significant revenue figures (e.g., $201,315 in 2018) for a scholarship foundation typically come from donations, investment income from its assets, and potentially fundraising events.

How many scholarships does the foundation typically award annually?

The provided data does not specify the number of scholarships awarded, but the low expenses and growing asset base suggest a strong capacity to provide ongoing support to students.

Filing History

IRS 990 filing history for Bridgton High School Scholarship Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Bridgton High School Scholarship Foundation's revenue has grown by 632.8%, moving from $25K to $180K. Total assets increased by 64.6% over the same period, from $540K to $888K. Total functional expenses rose by 48.7%, from $19K to $29K. In its most recent filing year (2019), Bridgton High School Scholarship Foundation reported a surplus of $151K, with revenue exceeding expenses. The organization holds $4K in liabilities against $888K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $884K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2019	$180K	$29K	$888K	$4K	—	View 990
2018	$201K	$25K	$939K	$19K	—	View 990
2017	$128K	$14K	$843K	$9K	—	View 990
2016	$20K	$20K	$654K	$11K	—	View 990
2015	$46K	$22K	$626K	$17K	—	View 990
2014	$35K	$22K	$639K	$21K	—	View 990
2013	$40K	$24K	$609K	$15K	—	View 990
2012	$27K	$22K	$565K	$24K	—	View 990
2011	$25K	$19K	$540K	$15K	—	View 990

Year-by-Year Financial Summary

2019: Revenue of $180K, expenses of $29K, and assets of $888K (revenue -10.7% year-over-year).
2018: Revenue of $201K, expenses of $25K, and assets of $939K (revenue +56.7% year-over-year).
2017: Revenue of $128K, expenses of $14K, and assets of $843K (revenue +528.0% year-over-year).
2016: Revenue of $20K, expenses of $20K, and assets of $654K (revenue -55.3% year-over-year).
2015: Revenue of $46K, expenses of $22K, and assets of $626K (revenue +32.2% year-over-year).
2014: Revenue of $35K, expenses of $22K, and assets of $639K (revenue -12.4% year-over-year).
2013: Revenue of $40K, expenses of $24K, and assets of $609K (revenue +47.8% year-over-year).
2012: Revenue of $27K, expenses of $22K, and assets of $565K (revenue +9.1% year-over-year).
2011: Revenue of $25K, expenses of $19K, and assets of $540K.

Data Sources and Methodology

This transparency report for Bridgton High School 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.