Cutler Scholars Fund Inc
Cutler Scholars Fund Inc. maintains stable assets with fluctuating revenue and no executive compensation.
EIN: 204417274 · Cutler, ME · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $14K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $13,046. |
| Net Assets | $17K |
| Transparency Score | 85/100 |
Is Cutler Scholars Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cutler Scholars Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cutler Scholars Fund Inc
Cutler Scholars Fund Inc (EIN: 204417274) is a nonprofit organization based in Cutler, ME, classified under NTEE code T30. The organization reported total revenue of $13K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cutler Scholars Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cutler Scholars Fund Inc is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $14K |
| Surplus / Deficit | +$4K |
| Total Assets | $17K |
| Total Liabilities | $1 |
| Net Assets | $17K |
| Operating Margin | 24.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Cutler Scholars Fund Inc reported a surplus of $4K with revenue exceeding expenses, holds 14.6 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), Cutler Scholars Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +249.6% | +13.0% | +6.4% |
| 2022 | +47.2% | +166.8% | -30.6% |
| 2021 | -70.8% | +719.5% | -4.2% |
| 2020 | -26.0% | -97.9% | +96.6% |
| 2019 | -6.2% | +143.2% | -45.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Cutler Scholars 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Cutler Scholars Fund Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization, which is highly efficient for an organization of this size with latest revenue of $13,046.
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 Cutler Scholars Fund Inc's IRS 990 filings:
- Highly fluctuating annual revenue, which could impact long-term planning and program stability.
Strengths
The following positive indicators were identified for Cutler Scholars Fund Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Strong program spending ratio, demonstrating a focus on mission delivery.
- Very low liabilities, indicating strong financial solvency.
- Consistent IRS 990 filing history, showing good transparency and compliance.
Frequently Asked Questions about Cutler Scholars Fund Inc
Is Cutler Scholars Fund Inc a legitimate charity?
Cutler Scholars Fund Inc (EIN: 204417274) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $13K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Cutler Scholars Fund Inc spend its money?
Cutler Scholars Fund Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Cutler Scholars Fund Inc tax-deductible?
Cutler Scholars Fund Inc is registered as a tax-exempt nonprofit (EIN: 204417274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cutler Scholars Fund Inc CEO make?
Cutler Scholars Fund Inc's highest-compensated officer earns $13,046. annually. The organization reported $13K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cutler Scholars Fund Inc's spending goes to programs?
Cutler Scholars Fund Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cutler Scholars Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cutler Scholars Fund Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cutler Scholars Fund Inc located?
Cutler Scholars Fund Inc is headquartered in Cutler, Maine and files with the IRS under EIN 204417274. It is classified under NTEE code T30.
How many years of IRS 990 filings does Cutler Scholars Fund Inc have?
Cutler Scholars Fund Inc 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 $13K in total revenue.
Is Cutler Scholars Fund Inc. a good charity?
Based on the available data, Cutler Scholars Fund Inc. appears to be a good charity, particularly due to its consistent program focus, volunteer leadership (0% officer compensation), and transparent financial reporting. Its small scale and stable asset base suggest careful management of resources.
How has the organization's revenue trended over time?
The organization's revenue has been highly variable, ranging from a high of $53,834 in 201312 to a low of $3,511 in 202112. The latest reported revenue for 202312 was $18,062, showing an increase from the previous two periods.
What is the organization's asset-to-liability ratio?
The organization consistently reports very low liabilities (typically $1) against its assets, which have ranged from $11,866 to $50,041. This indicates a very strong asset-to-liability position, with assets significantly exceeding liabilities.
Filing History
IRS 990 filing history for Cutler Scholars Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cutler Scholars Fund Inc's revenue has declined by 26.2%, moving from $24K to $18K. Total assets decreased by 29.2% over the same period, from $23K to $17K. Total functional expenses fell by 52.9%, from $29K to $14K. In its most recent filing year (2023), Cutler Scholars Fund Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $1 in liabilities against $17K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $14K | $17K | $1 | — | — |
| 2022 | $5K | $12K | $16K | $1 | — | — |
| 2021 | $4K | $4K | $22K | $1 | — | View 990 |
| 2020 | $12K | $549 | $23K | $1 | — | View 990 |
| 2019 | $16K | $27K | $12K | $1 | — | View 990 |
| 2015 | $17K | $11K | $22K | $1 | — | View 990 |
| 2014 | $14K | $32K | $15K | $1 | — | View 990 |
| 2013 | $54K | $33K | $33K | $1 | — | View 990 |
| 2012 | $51K | $25K | $50K | $1 | — | View 990 |
| 2011 | $24K | $29K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $14K, and assets of $17K (revenue +249.6% year-over-year).
- 2022: Revenue of $5K, expenses of $12K, and assets of $16K (revenue +47.2% year-over-year).
- 2021: Revenue of $4K, expenses of $4K, and assets of $22K (revenue -70.8% year-over-year).
- 2020: Revenue of $12K, expenses of $549, and assets of $23K (revenue -26.0% year-over-year).
- 2019: Revenue of $16K, expenses of $27K, and assets of $12K (revenue -6.2% year-over-year).
- 2015: Revenue of $17K, expenses of $11K, and assets of $22K (revenue +21.2% year-over-year).
- 2014: Revenue of $14K, expenses of $32K, and assets of $15K (revenue -73.5% year-over-year).
- 2013: Revenue of $54K, expenses of $33K, and assets of $33K (revenue +4.6% year-over-year).
- 2012: Revenue of $51K, expenses of $25K, and assets of $50K (revenue +110.3% year-over-year).
- 2011: Revenue of $24K, expenses of $29K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cutler Scholars Fund Inc:
Data Sources and Methodology
This transparency report for Cutler Scholars 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.