Clairmont Family Scholarship Fund Inc

Clairmont Family Scholarship Fund operates with minimal revenue and expenses, relying on volunteer efforts.

EIN: 20412486 · Belmont, NH · NTEE: T20 · Updated: 2026-03-28

$104Revenue

$15KAssets

70/100Mission Score (Good)

T20

About Clairmont Family Scholarship Fund Inc

Clairmont Family Scholarship Fund Inc (EIN: 20412486) is a nonprofit organization based in Belmont, NH, classified under NTEE code T20. The organization reported total revenue of $104 and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clairmont Family Scholarship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Clairmont Family Scholarship Fund Inc. appears to be a very small, volunteer-run organization with minimal financial activity. Its revenue has been consistently low, with the latest reported revenue at just $104 and expenses often exceeding revenue, such as in 2023 where revenue was $3 and expenses were $525. The organization's assets have remained relatively stable, hovering around $15,000-$17,000 over the past decade, suggesting a consistent but not growing endowment or fund base. Given the lack of reported officer compensation across all filings, it indicates a high degree of volunteerism, which is positive for efficiency in terms of personnel costs.

However, the financial data suggests a potential lack of significant program activity or fundraising success. While the low revenue and expenses might indicate a highly focused, niche operation, it also raises questions about the scale of its impact. The organization's transparency is good in terms of filing its 990s, but the limited financial scale means there isn't extensive detail to analyze regarding complex financial operations. The consistent liabilities of $1 in recent years are unusual but not necessarily problematic for an organization of this size.

Overall, the organization demonstrates financial stability in terms of its asset base but struggles with generating substantial revenue to cover even modest expenses in some years. Its reliance on volunteer efforts is a strength, but its ability to grow or significantly expand its scholarship programs appears limited by its current financial inflows.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Clairmont Family Scholarship Fund Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Clairmont Family Scholarship Fund Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is run entirely by volunteers and does not incur salary expenses for its officers, which is highly efficient for a small nonprofit.

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 Clairmont Family Scholarship Fund Inc's IRS 990 filings:

Inconsistent and very low revenue generation, often insufficient to cover expenses (e.g., 2023 revenue $3, expenses $525).
Assets have slightly declined over time (from $17,289 in 2021 to $15,293 in 2023), suggesting a slow depletion of funds.

Strengths

The following positive indicators were identified for Clairmont Family Scholarship Fund Inc:

Zero officer compensation across all filings, indicating a highly volunteer-driven and efficient leadership structure.
Consistent filing of IRS 990 forms, demonstrating transparency.
Maintains a stable asset base (around $15,000-$17,000) despite low revenue, suggesting prudent management of existing funds.

Frequently Asked Questions about Clairmont Family Scholarship Fund Inc

How many scholarships does Clairmont Family Scholarship Fund Inc. award annually?

The provided IRS 990 data does not specify the number of scholarships awarded. Given the low revenue and expenses, it's likely a very limited number or small scholarship amounts.

What are the primary sources of revenue for the organization?

The filings show very low revenue, with the latest at $104. Without detailed Schedule A or B, it's difficult to pinpoint exact sources, but it suggests small donations or investment income rather than significant fundraising campaigns.

Why do expenses sometimes significantly exceed revenue, such as in 2023 ($3 revenue vs. $525 expenses)?

This indicates the organization is drawing from its existing assets or prior year surpluses to cover operational costs, which is unsustainable long-term without increased revenue.

Filing History

IRS 990 filing history for Clairmont Family Scholarship Fund Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Clairmont Family Scholarship Fund Inc's revenue has declined by 99.1%, moving from $343 to $3. Total assets decreased by 7.3% over the same period, from $17K to $15K. In its most recent filing year (2023), Clairmont Family Scholarship Fund Inc reported a deficit of $522, with expenses exceeding revenue. The organization holds $1 in liabilities against $15K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3	$525	$15K	$1	—	—
2022	$103	$2K	$16K	$1	—	View 990
2021	$103	$0	$17K	$1	—	View 990
2020	$417	$100	$17K	$1	—	—
2019	$0	$100	$17K	$0	—	View 990
2015	$13	$0	$17K	$0	—	View 990
2014	$17	$100	$17K	$0	—	View 990
2013	$676	$0	$17K	$0	—	View 990
2012	$17	$0	$17K	$0	—	View 990
2011	$343	$0	$17K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3, expenses of $525, and assets of $15K (revenue -97.1% year-over-year).
2022: Revenue of $103, expenses of $2K, and assets of $16K (revenue +0.0% year-over-year).
2021: Revenue of $103, expenses of $0, and assets of $17K (revenue -75.3% year-over-year).
2020: Revenue of $417, expenses of $100, and assets of $17K.
2019: Revenue of $0, expenses of $100, and assets of $17K (revenue -100.0% year-over-year).
2015: Revenue of $13, expenses of $0, and assets of $17K (revenue -23.5% year-over-year).
2014: Revenue of $17, expenses of $100, and assets of $17K (revenue -97.5% year-over-year).
2013: Revenue of $676, expenses of $0, and assets of $17K (revenue +3876.5% year-over-year).
2012: Revenue of $17, expenses of $0, and assets of $17K (revenue -95.0% year-over-year).
2011: Revenue of $343, expenses of $0, and assets of $17K.

Data Sources and Methodology

This transparency report for Clairmont Family Scholarship 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.