Chatom Public Schools Endowment Fund Inc

Chatom Public Schools Endowment Fund maintains modest assets with minimal operational spending and no liabilities.

EIN: 200006862 · Chatom, AL · NTEE: B11 · Updated: 2026-03-28

$993Revenue

$58KAssets

85/100Mission Score (Excellent)

B11

About Chatom Public Schools Endowment Fund Inc

Chatom Public Schools Endowment Fund Inc (EIN: 200006862) is a nonprofit organization based in Chatom, AL, classified under NTEE code B11. The organization reported total revenue of $993 and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chatom Public Schools Endowment Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Chatom Public Schools Endowment Fund Inc. operates as a very small endowment, with recent annual revenues consistently below $1,000, such as $947 in 2023 and $895 in 2022. Its primary financial activity appears to be managing its modest asset base, which stood at $49,941 in 2023. The organization demonstrates strong financial health in terms of liabilities, consistently reporting $0, indicating no debt. Spending efficiency is difficult to fully assess given the minimal expenses reported in most years; for instance, expenses were only $75 in both 2023 and 2022, and $0 in 2021, 2020, 2019, and 2017. This suggests that the fund primarily focuses on asset growth rather than significant annual program disbursements.

The organization's transparency is good, with consistent IRS 990 filings over 13 periods. The absence of officer compensation reported across all filings is a positive indicator of volunteer leadership and efficient use of funds, especially for an organization of this size. However, the very low and often non-existent reported expenses make it challenging to determine the exact allocation of funds towards programs versus administrative costs, as these categories are not detailed for such minimal amounts. The NTEE code B11 (Endowment Funds) aligns with its operational model as an endowment.

Overall, the Chatom Public Schools Endowment Fund Inc. appears to be a well-managed, albeit very small, endowment focused on long-term asset growth for its stated purpose. Its financial stability is high due to zero liabilities, and its transparency is good through consistent filings and no reported executive compensation. The main limitation in analysis is the minimal operational spending, which makes a traditional spending efficiency breakdown less applicable.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chatom Public Schools Endowment Fund Inc with a Mission Score of 85 out of 100 (Excellent). 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: 100%
fundraising: 0%

According to IRS 990 filings, Chatom Public Schools Endowment Fund Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization is run by volunteers, which is highly efficient for an organization of its small size and asset base.

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 Chatom Public Schools Endowment Fund Inc's IRS 990 filings:

Very low operational spending makes it difficult to assess active program impact.

Strengths

The following positive indicators were identified for Chatom Public Schools Endowment Fund Inc:

Consistent IRS 990 filings demonstrating transparency.
Zero liabilities reported across all filings, indicating strong financial stability.
No officer compensation reported, suggesting volunteer leadership and efficient use of funds.
Consistent, albeit modest, asset growth over time (e.g., from $38,845 in 2018 to $49,941 in 2023).

Frequently Asked Questions about Chatom Public Schools Endowment Fund Inc

What are the specific programs or beneficiaries supported by the endowment?

The IRS 990 data primarily shows asset management and minimal expenses, but does not detail specific program disbursements or beneficiaries. Given its name, it likely supports Chatom Public Schools, but the nature of that support (e.g., scholarships, specific projects) is not specified in the financial data.

How does the organization manage to operate with such minimal expenses?

The organization likely relies heavily on volunteer efforts for its administration and asset management, as evidenced by the 0% officer compensation and very low reported expenses (e.g., $75 in 2023 and 2022, and $0 in many other years).

Is the endowment actively disbursing funds or primarily growing its assets?

Based on the consistently low expenses relative to its asset base and revenue, it appears the endowment's primary focus is on growing its assets over time, with minimal annual disbursements. For example, in 2023, revenue was $947 and expenses were only $75.

Filing History

IRS 990 filing history for Chatom Public Schools Endowment Fund Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Chatom Public Schools Endowment Fund Inc's revenue has declined by 89.7%, moving from $9K to $947. Total assets decreased by 51.2% over the same period, from $102K to $50K. Total functional expenses fell by 99%, from $7K to $75. In its most recent filing year (2023), Chatom Public Schools Endowment Fund Inc reported a surplus of $872, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$947	$75	$50K	$0	—	View 990
2022	$895	$75	$50K	$0	—	—
2021	$814	$0	$47K	$0	—	—
2020	$791	$0	$44K	$0	—	View 990
2019	$787	$0	$46K	$0	—	View 990
2018	$796	$10K	$39K	$0	—	View 990
2017	$709	$0	$50K	$0	—	—
2016	$813	$54	$50K	$0	—	View 990
2015	$10K	$56K	$47K	$0	—	View 990
2014	$1K	$42	$93K	$0	—	View 990
2013	$1K	$6	$91K	$0	—	View 990
2012	$3K	$19K	$91K	$0	—	View 990
2011	$9K	$7K	$102K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $947, expenses of $75, and assets of $50K (revenue +5.8% year-over-year).
2022: Revenue of $895, expenses of $75, and assets of $50K (revenue +10.0% year-over-year).
2021: Revenue of $814, expenses of $0, and assets of $47K (revenue +2.9% year-over-year).
2020: Revenue of $791, expenses of $0, and assets of $44K (revenue +0.5% year-over-year).
2019: Revenue of $787, expenses of $0, and assets of $46K (revenue -1.1% year-over-year).
2018: Revenue of $796, expenses of $10K, and assets of $39K (revenue +12.3% year-over-year).
2017: Revenue of $709, expenses of $0, and assets of $50K (revenue -12.8% year-over-year).
2016: Revenue of $813, expenses of $54, and assets of $50K (revenue -92.2% year-over-year).
2015: Revenue of $10K, expenses of $56K, and assets of $47K (revenue +836.3% year-over-year).
2014: Revenue of $1K, expenses of $42, and assets of $93K (revenue +9.5% year-over-year).
2013: Revenue of $1K, expenses of $6, and assets of $91K (revenue -69.3% year-over-year).
2012: Revenue of $3K, expenses of $19K, and assets of $91K (revenue -63.8% year-over-year).
2011: Revenue of $9K, expenses of $7K, and assets of $102K.

Data Sources and Methodology

This transparency report for Chatom Public Schools Endowment Fund 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.