Chief Todd F Sprague Scholarship Fund
Chief Todd F Sprague Scholarship Fund reports $0 revenue and assets, indicating dormancy.
EIN: 200201160 · N Scituate, RI · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $2K |
| Net Assets | $3K |
| Transparency Score | 20/100 |
Is Chief Todd F Sprague 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 Chief Todd F Sprague Scholarship Fund
Chief Todd F Sprague Scholarship Fund (EIN: 200201160) is a nonprofit organization based in N Scituate, RI, classified under NTEE code B12. 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 Chief Todd F Sprague Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chief Todd F Sprague Scholarship Fund is a micro nonprofit that has been operating for 20 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -87.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $2 |
| Total Expenses | $2K |
| Surplus / Deficit | $-2,020 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | -101000.0% |
| Months of Reserves | 15.5 months |
Financial Health Grade: B
In 2014, Chief Todd F Sprague Scholarship Fund reported a deficit of $2K with expenses exceeding revenue, holds 15.5 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Chief Todd F Sprague Scholarship Fund's revenue has declined at a compound annual growth rate (CAGR) of -87.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -60.0% | +926.4% | -43.6% |
| 2013 | -99.7% | -71.7% | -4.0% |
| 2012 | +70.1% | -40.9% | +32.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Chief Todd F Sprague Scholarship Fund with a Mission Score of 20 out of 100 (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, Chief Todd F Sprague 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:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no executives or officers received compensation, which is appropriate for an organization of this size and activity level.
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 Chief Todd F Sprague Scholarship Fund's IRS 990 filings:
- Zero reported revenue and assets in the latest filing
- Consistent decline in assets over multiple filing periods
- Minimal financial activity in recent available filings (e.g., $2 revenue in 201412)
Strengths
The following positive indicators were identified for Chief Todd F Sprague Scholarship Fund:
- No officer compensation reported across all filings
- Consistent filing history (though activity has ceased)
Frequently Asked Questions about Chief Todd F Sprague Scholarship Fund
Is Chief Todd F Sprague Scholarship Fund a legitimate charity?
Chief Todd F Sprague Scholarship Fund (EIN: 200201160) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 20/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Chief Todd F Sprague Scholarship Fund spend its money?
Chief Todd F Sprague Scholarship Fund reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chief Todd F Sprague Scholarship Fund tax-deductible?
Chief Todd F Sprague Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 200201160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Chief Todd F Sprague Scholarship Fund compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Chief Todd F Sprague Scholarship Fund is below average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chief Todd F Sprague Scholarship Fund located?
Chief Todd F Sprague Scholarship Fund is headquartered in N Scituate, Rhode Island and files with the IRS under EIN 200201160. It is classified under NTEE code B12.
How many years of IRS 990 filings does Chief Todd F Sprague Scholarship Fund have?
Chief Todd F Sprague 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 Chief Todd F Sprague Scholarship Fund still active?
Based on the latest reported revenue and assets of $0, and declining financial activity in previous periods, it appears the organization is no longer active or is dormant.
What happened to the organization's assets?
Assets have steadily declined from a peak of $4,821 in 201212 to $2,609 in 201412, and are currently reported as $0, suggesting they have been fully expended or transferred.
Filing History
IRS 990 filing history for Chief Todd F Sprague Scholarship Fund showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Chief Todd F Sprague Scholarship Fund's revenue has declined by 99.8%, moving from $1K to $2. Total assets decreased by 28.4% over the same period, from $4K to $3K. Total functional expenses rose by 72.1%, from $1K to $2K. In its most recent filing year (2014), Chief Todd F Sprague Scholarship Fund reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $2 | $2K | $3K | $0 | — | View 990 |
| 2013 | $5 | $197 | $5K | $0 | — | View 990 |
| 2012 | $2K | $695 | $5K | $0 | — | View 990 |
| 2011 | $1K | $1K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $2, expenses of $2K, and assets of $3K (revenue -60.0% year-over-year).
- 2013: Revenue of $5, expenses of $197, and assets of $5K (revenue -99.7% year-over-year).
- 2012: Revenue of $2K, expenses of $695, and assets of $5K (revenue +70.1% year-over-year).
- 2011: Revenue of $1K, expenses of $1K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chief Todd F Sprague Scholarship Fund:
Data Sources and Methodology
This transparency report for Chief Todd F Sprague 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.