Busi Scholarship Fund
EIN: 26074479 · Manchester, NH · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $39K |
| Net Assets | $619K |
Is Busi Scholarship Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Busi Scholarship Fund
Busi Scholarship Fund (EIN: 26074479) is a nonprofit organization based in Manchester, NH, classified under NTEE code B82. The organization reported total revenue of $228K and total assets of $600K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Busi Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Busi Scholarship Fund is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $39K |
| Surplus / Deficit | $-18,453 |
| Total Assets | $619K |
| Total Liabilities | $1 |
| Net Assets | $619K |
| Operating Margin | -88.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 188.9 months |
Financial Health Grade: B
In 2023, Busi Scholarship Fund reported a deficit of $18K with expenses exceeding revenue, holds 188.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Busi Scholarship Fund's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.9% | -22.8% | -3.3% |
| 2022 | -86.8% | +3.0% | -5.7% |
| 2021 | +204.1% | +5.4% | +7.1% |
| 2020 | +10.0% | -4.5% | -2.5% |
| 2019 | -30.7% | -8.0% | -10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Busi Scholarship Fund 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 Busi Scholarship Fund 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Busi Scholarship Fund
Is Busi Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Busi Scholarship Fund (EIN: 26074479) insufficient data. 0 red flags identified, 0 strengths noted.
How does Busi Scholarship Fund spend its money?
Detailed spending breakdown data is not yet available for Busi Scholarship Fund. Check back for updated IRS 990 analysis.
Are donations to Busi Scholarship Fund tax-deductible?
Busi Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 26074479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Busi Scholarship Fund located?
Busi Scholarship Fund is headquartered in Manchester, New Hampshire and files with the IRS under EIN 26074479. It is classified under NTEE code B82.
How many years of IRS 990 filings does Busi Scholarship Fund have?
Busi Scholarship Fund has 10 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 $228K in total revenue.
Filing History
IRS 990 filing history for Busi Scholarship Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Busi Scholarship Fund's revenue has declined by 51.1%, moving from $43K to $21K. Total assets decreased by 17.2% over the same period, from $748K to $619K. Total functional expenses fell by 13.5%, from $45K to $39K. In its most recent filing year (2023), Busi Scholarship Fund reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $619K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $619K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $39K | $619K | $1 | — | — |
| 2022 | $12K | $51K | $641K | $1 | — | — |
| 2021 | $94K | $49K | $679K | $1 | — | — |
| 2020 | $31K | $47K | $634K | $1 | — | — |
| 2019 | $28K | $49K | $651K | $1 | — | View 990 |
| 2015 | $41K | $53K | $728K | $1 | — | View 990 |
| 2014 | $63K | $49K | $740K | $1 | — | View 990 |
| 2013 | $80K | $91K | $727K | $1 | — | View 990 |
| 2012 | $26K | $36K | $738K | $1 | — | View 990 |
| 2011 | $43K | $45K | $748K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $39K, and assets of $619K (revenue +67.9% year-over-year).
- 2022: Revenue of $12K, expenses of $51K, and assets of $641K (revenue -86.8% year-over-year).
- 2021: Revenue of $94K, expenses of $49K, and assets of $679K (revenue +204.1% year-over-year).
- 2020: Revenue of $31K, expenses of $47K, and assets of $634K (revenue +10.0% year-over-year).
- 2019: Revenue of $28K, expenses of $49K, and assets of $651K (revenue -30.7% year-over-year).
- 2015: Revenue of $41K, expenses of $53K, and assets of $728K (revenue -35.2% year-over-year).
- 2014: Revenue of $63K, expenses of $49K, and assets of $740K (revenue -21.6% year-over-year).
- 2013: Revenue of $80K, expenses of $91K, and assets of $727K (revenue +211.6% year-over-year).
- 2012: Revenue of $26K, expenses of $36K, and assets of $738K (revenue -40.0% year-over-year).
- 2011: Revenue of $43K, expenses of $45K, and assets of $748K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Busi Scholarship Fund:
Data Sources and Methodology
This transparency report for Busi Scholarship Fund 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.