C&D Scholarships Inc
C&D Scholarships Inc operates with minimal revenue and consistent net losses, relying on volunteer efforts.
EIN: 205568142 · Albuquerque, NM · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16 |
| Total Expenses | $1K |
| Program Spending | 70% |
| Net Assets | $6K |
| Transparency Score | 45/100 |
Is C&D Scholarships Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C&D Scholarships Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About C&D Scholarships Inc
C&D Scholarships Inc (EIN: 205568142) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B82. The organization reported total revenue of $16 and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C&D Scholarships Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C&D Scholarships Inc is a micro nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -44.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16 |
| Total Expenses | $1K |
| Surplus / Deficit | $-994 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -6212.5% |
| Months of Reserves | 77.1 months |
Financial Health Grade: B
In 2023, C&D Scholarships Inc reported a deficit of $994 with expenses exceeding revenue, holds 77.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), C&D Scholarships Inc's revenue has declined at a compound annual growth rate (CAGR) of -44.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.5% | +10000.0% | -13.3% |
| 2022 | -74.4% | +0.0% | +0.0% |
| 2021 | +34.4% | -98.6% | +0.4% |
| 2019 | -100.0% | — | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
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 C&D Scholarships Inc with a Mission Score of 45 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, C&D Scholarships Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $994, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is commendable for an organization of its small 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.
Red Flags
The following concerns were identified during AI analysis of C&D Scholarships Inc's IRS 990 filings:
- Consistent net losses, with expenses frequently exceeding revenue (e.g., $1,010 expenses vs. $16 revenue in 2023).
- Significant decline in assets over time, from $22,162 in 2014 to $6,493 in 2023, indicating asset depletion.
- Extremely low revenue generation in recent years (e.g., $16 in 2023, $11 in 2022), raising questions about operational viability.
Strengths
The following positive indicators were identified for C&D Scholarships Inc:
- Zero officer compensation reported across all filings, indicating a volunteer-driven leadership.
- Consistent filing of IRS 990 forms, demonstrating compliance and transparency in reporting.
Frequently Asked Questions about C&D Scholarships Inc
Is C&D Scholarships Inc a legitimate charity?
C&D Scholarships Inc (EIN: 205568142) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $16. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does C&D Scholarships Inc spend its money?
C&D Scholarships Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to C&D Scholarships Inc tax-deductible?
C&D Scholarships Inc is registered as a tax-exempt nonprofit (EIN: 205568142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of C&D Scholarships Inc's spending goes to programs?
C&D Scholarships Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does C&D Scholarships Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), C&D Scholarships 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 C&D Scholarships Inc located?
C&D Scholarships Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 205568142. It is classified under NTEE code B82.
How many years of IRS 990 filings does C&D Scholarships Inc have?
C&D Scholarships Inc has 13 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 $16 in total revenue.
How does C&D Scholarships Inc cover its expenses when revenue is consistently lower?
The organization appears to be drawing down on its limited assets, as seen by the decline from $22,162 in 2014 to $6,493 in 2023, or relying on non-cash contributions not fully reflected in reported revenue to cover operational shortfalls.
What is the actual impact of C&D Scholarships Inc given its minimal financial activity?
With recent annual revenues as low as $0-$43 and expenses often exceeding revenue, the scale of scholarships or other programmatic activities is likely very limited, making significant impact challenging to achieve.
Is the organization financially sustainable in the long term?
Given the consistent trend of expenses exceeding revenue and the steady decline in assets, the current financial model does not appear sustainable without a significant increase in funding or a reduction in expenses.
Filing History
IRS 990 filing history for C&D Scholarships Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), C&D Scholarships Inc's revenue has declined by 99.9%, moving from $19K to $16. Total assets decreased by 59.3% over the same period, from $16K to $6K. Total functional expenses fell by 92.2%, from $13K to $1K. In its most recent filing year (2023), C&D Scholarships Inc reported a deficit of $994, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16 | $1K | $6K | $0 | — | View 990 |
| 2022 | $11 | $10 | $7K | $0 | — | View 990 |
| 2021 | $43 | $10 | $7K | $0 | — | — |
| 2020 | $32 | $710 | $7K | $0 | — | — |
| 2019 | $0 | $516 | $8K | $0 | — | View 990 |
| 2018 | $14 | $0 | $9K | $0 | — | View 990 |
| 2017 | $10K | $12K | $9K | $0 | — | View 990 |
| 2016 | $110 | $7K | $10K | $0 | — | View 990 |
| 2015 | $10K | $15K | $17K | $0 | — | View 990 |
| 2014 | $10K | $13K | $22K | $0 | — | View 990 |
| 2013 | $19K | $12K | $25K | $0 | — | View 990 |
| 2012 | $20K | $18K | $19K | $0 | — | View 990 |
| 2011 | $19K | $13K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16, expenses of $1K, and assets of $6K (revenue +45.5% year-over-year).
- 2022: Revenue of $11, expenses of $10, and assets of $7K (revenue -74.4% year-over-year).
- 2021: Revenue of $43, expenses of $10, and assets of $7K (revenue +34.4% year-over-year).
- 2020: Revenue of $32, expenses of $710, and assets of $7K.
- 2019: Revenue of $0, expenses of $516, and assets of $8K (revenue -100.0% year-over-year).
- 2018: Revenue of $14, expenses of $0, and assets of $9K (revenue -99.9% year-over-year).
- 2017: Revenue of $10K, expenses of $12K, and assets of $9K (revenue +9324.5% year-over-year).
- 2016: Revenue of $110, expenses of $7K, and assets of $10K (revenue -98.9% year-over-year).
- 2015: Revenue of $10K, expenses of $15K, and assets of $17K (revenue -2.2% year-over-year).
- 2014: Revenue of $10K, expenses of $13K, and assets of $22K (revenue -44.8% year-over-year).
- 2013: Revenue of $19K, expenses of $12K, and assets of $25K (revenue -8.1% year-over-year).
- 2012: Revenue of $20K, expenses of $18K, and assets of $19K (revenue +8.4% year-over-year).
- 2011: Revenue of $19K, expenses of $13K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C&D Scholarships Inc:
Data Sources and Methodology
This transparency report for C&D Scholarships 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.