Cpl Bryan James Richardson Scholarship Fund Inc
Cpl Bryan James Richardson Scholarship Fund Inc. consistently operates with volunteer leadership and stable assets, despite fluctuating annual revenues and expenses.
EIN: 202635360 · Mount Nebo, WV · NTEE: B82 · Updated: 2026-03-28
Is Cpl Bryan James Richardson Scholarship Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cpl Bryan James Richardson Scholarship Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cpl Bryan James Richardson Scholarship Fund Inc
Cpl Bryan James Richardson Scholarship Fund Inc (EIN: 202635360) is a nonprofit organization based in Mount Nebo, WV, classified under NTEE code B82. 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 Cpl Bryan James Richardson Scholarship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cpl Bryan James Richardson Scholarship 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cpl Bryan James Richardson Scholarship Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size.
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 Cpl Bryan James Richardson Scholarship Fund Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, which may indicate a data discrepancy or a period of inactivity not fully explained.
Strengths
The following positive indicators were identified for Cpl Bryan James Richardson Scholarship Fund Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Steady growth in assets from $51,721 in 2012 to $152,096 in 2020, demonstrating financial stewardship.
- No reported liabilities across all filing periods, indicating strong financial stability.
- Long history of consistent filings (9 filings), suggesting transparency and compliance.
Frequently Asked Questions about Cpl Bryan James Richardson Scholarship Fund Inc
Is Cpl Bryan James Richardson Scholarship Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cpl Bryan James Richardson Scholarship Fund Inc (EIN: 202635360) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Cpl Bryan James Richardson Scholarship Fund Inc spend its money?
Cpl Bryan James Richardson Scholarship Fund Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cpl Bryan James Richardson Scholarship Fund Inc tax-deductible?
Cpl Bryan James Richardson Scholarship Fund Inc is registered as a tax-exempt nonprofit (EIN: 202635360). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cpl Bryan James Richardson Scholarship Fund Inc. a good charity?
Based on the available data, the organization appears to be a good charity. It has no reported officer compensation, indicating volunteer leadership, and has consistently grown its assets over time, from $51,721 in 2012 to $152,096 in 2020, suggesting sound financial management.
Why is the latest revenue and assets reported as $0?
The latest reported revenue and assets of $0 could be due to a data lag in the public record, a specific filing status for very small organizations, or a year with no financial activity. However, prior years show consistent financial operations and asset growth.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $51,721 in 2012 to $152,096 in 2020. While revenue and expenses fluctuate annually, the consistent asset growth and lack of liabilities indicate long-term stability.
Filing History
IRS 990 filing history for Cpl Bryan James Richardson Scholarship Fund Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Cpl Bryan James Richardson Scholarship Fund Inc's revenue has declined by 92.9%, moving from $17K to $1K. Total assets increased by 194.1% over the same period, from $52K to $152K. Total functional expenses rose by 163.4%, from $5K to $12K. In its most recent filing year (2020), Cpl Bryan James Richardson Scholarship Fund Inc reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $1K | $12K | $152K | $0 | — | — |
| 2019 | $21K | $19K | $163K | $0 | — | View 990 |
| 2018 | $15K | $9K | $161K | $0 | — | View 990 |
| 2017 | $20K | $9K | $155K | $0 | — | View 990 |
| 2016 | $16K | $13K | $144K | $0 | — | View 990 |
| 2015 | $17K | $11K | $74K | $0 | — | View 990 |
| 2014 | $18K | $11K | $68K | $0 | — | View 990 |
| 2013 | $17K | $8K | $62K | $0 | — | View 990 |
| 2012 | $17K | $5K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $1K, expenses of $12K, and assets of $152K (revenue -94.5% year-over-year).
- 2019: Revenue of $21K, expenses of $19K, and assets of $163K (revenue +42.6% year-over-year).
- 2018: Revenue of $15K, expenses of $9K, and assets of $161K (revenue -24.4% year-over-year).
- 2017: Revenue of $20K, expenses of $9K, and assets of $155K (revenue +21.9% year-over-year).
- 2016: Revenue of $16K, expenses of $13K, and assets of $144K (revenue -3.1% year-over-year).
- 2015: Revenue of $17K, expenses of $11K, and assets of $74K (revenue -6.7% year-over-year).
- 2014: Revenue of $18K, expenses of $11K, and assets of $68K (revenue +3.0% year-over-year).
- 2013: Revenue of $17K, expenses of $8K, and assets of $62K (revenue +4.2% year-over-year).
- 2012: Revenue of $17K, expenses of $5K, and assets of $52K.
Data Sources and Methodology
This transparency report for Cpl Bryan James Richardson 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.