Cranston High Schools Athletic Scholarship Fund
Cranston High Schools Athletic Scholarship Fund: Consistent but Small-Scale Impact
EIN: 222982274 · Cranston, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $6K |
| Program Spending | 90% |
| Net Assets | $63K |
| Transparency Score | 65/100 |
Is Cranston High Schools Athletic Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cranston High Schools Athletic Scholarship Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cranston High Schools Athletic Scholarship Fund
Cranston High Schools Athletic Scholarship Fund (EIN: 222982274) is a nonprofit organization based in Cranston, RI. The organization reported total revenue of $16K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cranston High Schools Athletic Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cranston High Schools Athletic Scholarship Fund is a micro nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $6K |
| Surplus / Deficit | $-1,599 |
| Total Assets | $63K |
| Total Liabilities | $1 |
| Net Assets | $63K |
| Operating Margin | -35.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 124.8 months |
Financial Health Grade: B
In 2023, Cranston High Schools Athletic Scholarship Fund reported a deficit of $2K with expenses exceeding revenue, holds 124.8 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 (2011–2023), Cranston High Schools Athletic Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +78.6% | +3.4% | +1.2% |
| 2022 | -26.0% | +11.4% | -5.2% |
| 2021 | -78.9% | -6.0% | -2.8% |
| 2020 | +631.2% | -0.2% | +18.3% |
| 2019 | +23.8% | +16.9% | -12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1989 |
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 Cranston High Schools Athletic Scholarship Fund with a Mission Score of 65 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Cranston High Schools Athletic Scholarship Fund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, suggesting it is either minimal or non-existent, which is common for very small, volunteer-run organizations.
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 Cranston High Schools Athletic Scholarship Fund's IRS 990 filings:
- Limited revenue growth over several years, with revenue fluctuating between $1,581 and $16,072.
- Lack of detailed program descriptions or impact reports beyond the general mission statement.
- Small asset base ($69,424 in 2023) limits potential for significant scholarship awards.
Strengths
The following positive indicators were identified for Cranston High Schools Athletic Scholarship Fund:
- Consistent dedication to its mission of providing athletic scholarships.
- Very low overhead expenses, with most expenditures likely going directly to scholarships.
- Stable asset base over time, indicating sound financial management for its size.
Frequently Asked Questions about Cranston High Schools Athletic Scholarship Fund
Is Cranston High Schools Athletic Scholarship Fund a legitimate charity?
Cranston High Schools Athletic Scholarship Fund (EIN: 222982274) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $16K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Cranston High Schools Athletic Scholarship Fund spend its money?
Cranston High Schools Athletic Scholarship Fund directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cranston High Schools Athletic Scholarship Fund tax-deductible?
Cranston High Schools Athletic Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 222982274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cranston High Schools Athletic Scholarship Fund's spending goes to programs?
Cranston High Schools Athletic Scholarship Fund directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cranston High Schools Athletic Scholarship Fund located?
Cranston High Schools Athletic Scholarship Fund is headquartered in Cranston, Rhode Island and files with the IRS under EIN 222982274.
How many years of IRS 990 filings does Cranston High Schools Athletic Scholarship Fund have?
Cranston High Schools Athletic 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 $16K in total revenue.
What does Cranston High Schools Athletic Scholarship Fund do?
Cranston High Schools Athletic Scholarship Fund is a nonprofit organization in the Unknown sector, located in Cranston, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Cranston High Schools Athletic Scholarship Fund have?
Cranston High Schools Athletic Scholarship Fund reported total revenue of $15,590. Based on 10 IRS 990 filings on record.
What are Cranston High Schools Athletic Scholarship Fund's total assets?
Cranston High Schools Athletic Scholarship Fund holds total assets of $69,424 as reported in IRS 990 filings.
Where is Cranston High Schools Athletic Scholarship Fund located?
Cranston High Schools Athletic Scholarship Fund is based in Cranston, Rhode Island.
What is Cranston High Schools Athletic Scholarship Fund's EIN?
Cranston High Schools Athletic Scholarship Fund's Employer Identification Number (EIN) is 222982274. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cranston High Schools Athletic Scholarship Fund?
Cranston High Schools Athletic Scholarship Fund is classified under NTEE code Unknown (Unknown).
Is Cranston High Schools Athletic Scholarship Fund a registered 501(c)(3)?
Cranston High Schools Athletic Scholarship Fund appears in IRS records (EIN: 222982274). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Cranston High Schools Athletic Scholarship Fund file IRS Form 990?
Yes, Cranston High Schools Athletic Scholarship Fund has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Cranston High Schools Athletic Scholarship Fund's revenue in 2023?
In the 202312 filing period, Cranston High Schools Athletic Scholarship Fund reported total revenue of $4,473, total expenses of $6,072, and net assets of $63,148.
Is Cranston High Schools Athletic Scholarship Fund's revenue growing or declining?
Cranston High Schools Athletic Scholarship Fund's revenue is growing. Revenue went from $2,504 (202212) to $4,473 (202312), a +78.6% change. Based on 10 filings on record.
What is Cranston High Schools Athletic Scholarship Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Cranston High Schools Athletic Scholarship Fund covers tax period 202312. It shows revenue of $4,473, expenses of $6,072, total assets of $63,148, and liabilities of $1.
How much does Cranston High Schools Athletic Scholarship Fund spend on programs vs administration?
Based on IRS 990 analysis, Cranston High Schools Athletic Scholarship Fund allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Cranston High Schools Athletic Scholarship Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Cranston High Schools Athletic Scholarship Fund shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Cranston High Schools Athletic Scholarship Fund?
The following concerns were identified: Limited revenue growth over several years, with revenue fluctuating between $1,581 and $16,072.. Lack of detailed program descriptions or impact reports beyond the general mission statement.. Small asset base ($69,424 in 2023) limits potential for significant scholarship awards.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cranston High Schools Athletic Scholarship Fund's strengths?
Positive indicators for Cranston High Schools Athletic Scholarship Fund include: Consistent dedication to its mission of providing athletic scholarships.. Very low overhead expenses, with most expenditures likely going directly to scholarships.. Stable asset base over time, indicating sound financial management for its size.. These findings are derived from AI analysis of the organization's financial filings.
How does Cranston High Schools Athletic Scholarship Fund compensate executives?
Executive compensation is not reported in the provided filings, suggesting it is either minimal or non-existent, which is common for very small, volunteer-run organizations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the fluctuating and relatively low revenue, how does the organization ensure a consistent scholarship offering year-to-year?
The organization likely relies on its accumulated assets to smooth out scholarship disbursements during years of lower revenue, as indicated by the stable asset base despite revenue fluctuations.
What is the average scholarship amount awarded, and how many students benefit annually?
Based on the expenditures (e.g., $6,072 in 2023) and the organization's small scale, individual scholarship amounts are likely modest, and the number of recipients is probably limited to a few students each year.
Filing History
IRS 990 filing history for Cranston High Schools Athletic Scholarship Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cranston High Schools Athletic Scholarship Fund's revenue has grown by 205.1%, moving from $1K to $4K. Total assets decreased by 10.6% over the same period, from $71K to $63K. Total functional expenses rose by 35%, from $4K to $6K. In its most recent filing year (2023), Cranston High Schools Athletic Scholarship Fund reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $63K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $63K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $6K | $63K | $1 | — | View 990 |
| 2022 | $3K | $6K | $62K | $1 | — | View 990 |
| 2021 | $3K | $5K | $66K | $1 | — | — |
| 2020 | $16K | $6K | $68K | $1 | — | View 990 |
| 2019 | $2K | $6K | $57K | $0 | — | View 990 |
| 2015 | $2K | $5K | $65K | $0 | — | — |
| 2014 | $2K | $3K | $64K | $0 | — | View 990 |
| 2013 | $2K | $5K | $65K | $0 | — | View 990 |
| 2012 | $2K | $4K | $69K | $0 | — | View 990 |
| 2011 | $1K | $4K | $71K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $6K, and assets of $63K (revenue +78.6% year-over-year).
- 2022: Revenue of $3K, expenses of $6K, and assets of $62K (revenue -26.0% year-over-year).
- 2021: Revenue of $3K, expenses of $5K, and assets of $66K (revenue -78.9% year-over-year).
- 2020: Revenue of $16K, expenses of $6K, and assets of $68K (revenue +631.2% year-over-year).
- 2019: Revenue of $2K, expenses of $6K, and assets of $57K (revenue +23.8% year-over-year).
- 2015: Revenue of $2K, expenses of $5K, and assets of $65K (revenue -1.8% year-over-year).
- 2014: Revenue of $2K, expenses of $3K, and assets of $64K (revenue +14.4% year-over-year).
- 2013: Revenue of $2K, expenses of $5K, and assets of $65K (revenue +1.5% year-over-year).
- 2012: Revenue of $2K, expenses of $4K, and assets of $69K (revenue +6.3% year-over-year).
- 2011: Revenue of $1K, expenses of $4K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cranston High Schools Athletic Scholarship Fund:
Data Sources and Methodology
This transparency report for Cranston High Schools Athletic 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.