Chad O Brien Scholarship Fund
Chad O Brien Scholarship Fund reports $0 revenue and $0 assets in latest filing, indicating dormancy or closure.
EIN: 205972079 · Wakefield, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $7K |
| Net Assets | $18K |
| Transparency Score | 10/100 |
Is Chad O Brien Scholarship Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chad O Brien Scholarship Fund
Chad O Brien Scholarship Fund (EIN: 205972079) is a nonprofit organization based in Wakefield, RI. 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 Chad O Brien Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chad O Brien Scholarship Fund is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -100.0% | -95.5% | -27.9% |
| 2013 | +480.5% | +4597.9% | -84.8% |
| 2012 | -55.7% | -5.4% | -0.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chad O Brien Scholarship Fund with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Chad O Brien Scholarship Fund allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating no salaries or benefits paid to officers, which is appropriate given the organization's financial state.
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 Chad O Brien Scholarship Fund's IRS 990 filings:
- Zero revenue in the latest filing (201412)
- Zero assets in the latest filing (201412)
- Significant asset depletion from $162,793 to $0 over three years
- Expenses ($154,280) vastly exceeded revenue ($16,294) in 201312
Strengths
The following positive indicators were identified for Chad O Brien Scholarship Fund:
- Consistently reported 0% officer compensation
- No reported liabilities across all filing periods
Frequently Asked Questions about Chad O Brien Scholarship Fund
Is Chad O Brien Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Chad O Brien Scholarship Fund (EIN: 205972079) significant concerns. Mission Score: 10/100. 4 red flags identified, 2 strengths noted.
How does Chad O Brien Scholarship Fund spend its money?
Detailed spending breakdown data is not yet available for Chad O Brien Scholarship Fund. Check back for updated IRS 990 analysis.
Are donations to Chad O Brien Scholarship Fund tax-deductible?
Chad O Brien Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 205972079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chad O Brien Scholarship Fund located?
Chad O Brien Scholarship Fund is headquartered in Wakefield, Rhode Island and files with the IRS under EIN 205972079.
How many years of IRS 990 filings does Chad O Brien Scholarship Fund have?
Chad O Brien Scholarship Fund has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is the Chad O Brien Scholarship Fund still operational?
Based on the latest filing (201412) showing $0 revenue and $0 assets, it is highly unlikely the organization is still actively operational or fulfilling its mission.
What caused the significant decline in assets from $162,793 to $24,807 between 2012 and 2013?
The filings do not provide specific details, but the 201312 period shows expenses of $154,280 against only $16,294 in revenue, which would account for a substantial depletion of assets.
How were the $6,932 in expenses covered in 201412 when revenue and assets were $0?
This discrepancy suggests that the $0 asset figure might be an end-of-period balance after expenses were paid, or that the expenses were covered by funds not reflected in the reported revenue or assets for that specific period, possibly from prior periods or unrecorded liabilities.
Filing History
IRS 990 filing history for Chad O Brien Scholarship Fund showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Chad O Brien Scholarship Fund's revenue has declined by 100%, moving from $6K to $0. Total assets decreased by 89.1% over the same period, from $163K to $18K. Total functional expenses rose by 99.8%, from $3K to $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $0 | $7K | $18K | $0 | — | View 990 |
| 2013 | $16K | $154K | $25K | $0 | — | View 990 |
| 2012 | $3K | $3K | $163K | $0 | — | View 990 |
| 2011 | $6K | $3K | $163K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $0, expenses of $7K, and assets of $18K (revenue -100.0% year-over-year).
- 2013: Revenue of $16K, expenses of $154K, and assets of $25K (revenue +480.5% year-over-year).
- 2012: Revenue of $3K, expenses of $3K, and assets of $163K (revenue -55.7% year-over-year).
- 2011: Revenue of $6K, expenses of $3K, and assets of $163K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chad O Brien Scholarship Fund:
Data Sources and Methodology
This transparency report for Chad O Brien 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.