Charles G & Alice R Mayson Scholarship Grant Fund
EIN: 636161467 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $865K |
| Total Expenses | $72K |
| Net Assets | $576K |
Is Charles G & Alice R Mayson Scholarship Grant Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charles G & Alice R Mayson Scholarship Grant Fund
Charles G & Alice R Mayson Scholarship Grant Fund (EIN: 636161467) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $865K and total assets of $809K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles G & Alice R Mayson Scholarship Grant Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles G & Alice R Mayson Scholarship Grant Fund is a small nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $72K |
| Surplus / Deficit | $-25,737 |
| Total Assets | $588K |
| Total Liabilities | $12K |
| Net Assets | $576K |
| Operating Margin | -55.8% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 98.3 months |
Financial Health Grade: B
In 2023, Charles G & Alice R Mayson Scholarship Grant Fund reported a deficit of $26K with expenses exceeding revenue, holds 98.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Charles G & Alice R Mayson Scholarship Grant Fund's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.1% | +23.2% | -3.8% |
| 2022 | -13.8% | -28.5% | +0.6% |
| 2021 | +52.1% | +33.0% | -1.4% |
| 2020 | -4.6% | -4.1% | -1.8% |
| 2019 | -5.2% | +2.8% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charles G & Alice R Mayson Scholarship Grant 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 Charles G & Alice R Mayson Scholarship Grant 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 $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Charles G & Alice R Mayson Scholarship Grant Fund
Is Charles G & Alice R Mayson Scholarship Grant Fund a legitimate charity?
Charles G & Alice R Mayson Scholarship Grant Fund (EIN: 636161467) is a registered tax-exempt nonprofit based in Louisiana. It has 10 years of IRS 990 filings on record. Total revenue: $865K. No red flags identified. Financial health grade: B.
How does Charles G & Alice R Mayson Scholarship Grant Fund spend its money?
Charles G & Alice R Mayson Scholarship Grant Fund reported $865K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Charles G & Alice R Mayson Scholarship Grant Fund tax-deductible?
Charles G & Alice R Mayson Scholarship Grant Fund is registered as a tax-exempt nonprofit (EIN: 636161467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charles G & Alice R Mayson Scholarship Grant Fund located?
Charles G & Alice R Mayson Scholarship Grant Fund is headquartered in New Orleans, Louisiana and files with the IRS under EIN 636161467.
How many years of IRS 990 filings does Charles G & Alice R Mayson Scholarship Grant Fund have?
Charles G & Alice R Mayson Scholarship Grant 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 $865K in total revenue.
Filing History
IRS 990 filing history for Charles G & Alice R Mayson Scholarship Grant Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Charles G & Alice R Mayson Scholarship Grant Fund's revenue has grown by 18.4%, moving from $39K to $46K. Total assets decreased by 22% over the same period, from $754K to $588K. Total functional expenses rose by 43.1%, from $50K to $72K. In its most recent filing year (2023), Charles G & Alice R Mayson Scholarship Grant Fund reported a deficit of $26K, with expenses exceeding revenue. The organization holds $12K in liabilities against $588K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $576K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $72K | $588K | $12K | — | View 990 |
| 2022 | $62K | $58K | $612K | $10K | — | View 990 |
| 2021 | $71K | $82K | $608K | $9K | — | View 990 |
| 2020 | $47K | $61K | $616K | $8K | — | View 990 |
| 2019 | $49K | $64K | $627K | $4K | — | View 990 |
| 2015 | $52K | $62K | $705K | $1 | — | View 990 |
| 2014 | $39K | $56K | $716K | $1 | — | View 990 |
| 2013 | $47K | $58K | $733K | $1 | — | View 990 |
| 2012 | $40K | $51K | $744K | $1 | — | View 990 |
| 2011 | $39K | $50K | $754K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $72K, and assets of $588K (revenue -25.1% year-over-year).
- 2022: Revenue of $62K, expenses of $58K, and assets of $612K (revenue -13.8% year-over-year).
- 2021: Revenue of $71K, expenses of $82K, and assets of $608K (revenue +52.1% year-over-year).
- 2020: Revenue of $47K, expenses of $61K, and assets of $616K (revenue -4.6% year-over-year).
- 2019: Revenue of $49K, expenses of $64K, and assets of $627K (revenue -5.2% year-over-year).
- 2015: Revenue of $52K, expenses of $62K, and assets of $705K (revenue +32.2% year-over-year).
- 2014: Revenue of $39K, expenses of $56K, and assets of $716K (revenue -16.3% year-over-year).
- 2013: Revenue of $47K, expenses of $58K, and assets of $733K (revenue +16.1% year-over-year).
- 2012: Revenue of $40K, expenses of $51K, and assets of $744K (revenue +3.8% year-over-year).
- 2011: Revenue of $39K, expenses of $50K, and assets of $754K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles G & Alice R Mayson Scholarship Grant Fund:
Data Sources and Methodology
This transparency report for Charles G & Alice R Mayson Scholarship Grant 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.