Charles L Saint Memorial Scholarship Fund
EIN: 721337866 · New Orleans, LA · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $9K |
| Net Assets | $149K |
Is Charles L Saint Memorial 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 Charles L Saint Memorial Scholarship Fund
Charles L Saint Memorial Scholarship Fund (EIN: 721337866) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B82Z. The organization reported total revenue of $30K and total assets of $151K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles L Saint Memorial Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles L Saint Memorial Scholarship Fund is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $9K |
| Surplus / Deficit | $-3,316 |
| Total Assets | $149K |
| Total Liabilities | $1 |
| Net Assets | $149K |
| Operating Margin | -56.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 193.6 months |
Financial Health Grade: B
In 2024, Charles L Saint Memorial Scholarship Fund reported a deficit of $3K with expenses exceeding revenue, holds 193.6 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 (2012–2024), Charles L Saint Memorial Scholarship Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -33.4% | -12.5% | -2.0% |
| 2023 | -66.2% | -3.9% | -1.1% |
| 2022 | +126.7% | +15.2% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charles L Saint Memorial 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 Charles L Saint Memorial 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Charles L Saint Memorial Scholarship Fund
Is Charles L Saint Memorial Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles L Saint Memorial Scholarship Fund (EIN: 721337866) insufficient data. 0 red flags identified, 0 strengths noted.
How does Charles L Saint Memorial Scholarship Fund spend its money?
Detailed spending breakdown data is not yet available for Charles L Saint Memorial Scholarship Fund. Check back for updated IRS 990 analysis.
Are donations to Charles L Saint Memorial Scholarship Fund tax-deductible?
Charles L Saint Memorial Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 721337866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charles L Saint Memorial Scholarship Fund located?
Charles L Saint Memorial Scholarship Fund is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721337866. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Charles L Saint Memorial Scholarship Fund have?
Charles L Saint Memorial 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 $30K in total revenue.
Filing History
IRS 990 filing history for Charles L Saint Memorial Scholarship Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Charles L Saint Memorial Scholarship Fund's revenue has declined by 35.9%, moving from $9K to $6K. Total assets increased by 2.7% over the same period, from $145K to $149K. Total functional expenses rose by 56.7%, from $6K to $9K. In its most recent filing year (2024), Charles L Saint Memorial Scholarship Fund reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $149K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $149K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6K | $9K | $149K | $1 | — | — |
| 2023 | $9K | $11K | $152K | $1 | — | View 990 |
| 2022 | $26K | $11K | $154K | $1 | — | — |
| 2021 | $12K | $10K | $138K | $1 | — | View 990 |
| 2020 | $-5,997 | $10K | $136K | $1 | — | — |
| 2016 | $-280 | $11K | $150K | $0 | — | View 990 |
| 2015 | $20K | $10K | $161K | $0 | — | View 990 |
| 2014 | $14K | $10K | $151K | $0 | — | View 990 |
| 2013 | $11K | $9K | $146K | $0 | — | View 990 |
| 2012 | $9K | $6K | $145K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6K, expenses of $9K, and assets of $149K (revenue -33.4% year-over-year).
- 2023: Revenue of $9K, expenses of $11K, and assets of $152K (revenue -66.2% year-over-year).
- 2022: Revenue of $26K, expenses of $11K, and assets of $154K (revenue +126.7% year-over-year).
- 2021: Revenue of $12K, expenses of $10K, and assets of $138K.
- 2020: Revenue of $-5,997, expenses of $10K, and assets of $136K.
- 2016: Revenue of $-280, expenses of $11K, and assets of $150K (revenue -101.4% year-over-year).
- 2015: Revenue of $20K, expenses of $10K, and assets of $161K (revenue +43.3% year-over-year).
- 2014: Revenue of $14K, expenses of $10K, and assets of $151K (revenue +29.2% year-over-year).
- 2013: Revenue of $11K, expenses of $9K, and assets of $146K (revenue +15.6% year-over-year).
- 2012: Revenue of $9K, expenses of $6K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles L Saint Memorial Scholarship Fund:
Data Sources and Methodology
This transparency report for Charles L Saint Memorial 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.