District 882 Educational And Scholarship Foundation
EIN: 363390458 · Monticello, MN
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $155K |
| Net Assets | $2.4M |
Is District 882 Educational And Scholarship Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About District 882 Educational And Scholarship Foundation
District 882 Educational And Scholarship Foundation (EIN: 363390458) is a nonprofit organization based in Monticello, MN. The organization reported total revenue of $180K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of District 882 Educational And Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
District 882 Educational And Scholarship Foundation is a small nonprofit that has been operating for 41 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $155K |
| Surplus / Deficit | $-56,852 |
| Total Assets | $2.4M |
| Total Liabilities | $18 |
| Net Assets | $2.4M |
| Operating Margin | -58.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 189.8 months |
Financial Health Grade: B
In 2022, District 882 Educational And Scholarship Foundation reported a deficit of $57K with expenses exceeding revenue, holds 189.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), District 882 Educational And Scholarship Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +7.5% | -12.7% | -2.5% |
| 2021 | +34.6% | -43.4% | -3.1% |
| 2020 | -49.2% | +97.1% | -8.7% |
| 2019 | -27.9% | +30.4% | -0.9% |
| 2018 | +109.9% | +8.3% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for District 882 Educational And Scholarship Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates District 882 Educational And Scholarship Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about District 882 Educational And Scholarship Foundation
Is District 882 Educational And Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, District 882 Educational And Scholarship Foundation (EIN: 363390458) insufficient data. 0 red flags identified, 0 strengths noted.
How does District 882 Educational And Scholarship Foundation spend its money?
Detailed spending breakdown data is not yet available for District 882 Educational And Scholarship Foundation. Check back for updated IRS 990 analysis.
Are donations to District 882 Educational And Scholarship Foundation tax-deductible?
District 882 Educational And Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 363390458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is District 882 Educational And Scholarship Foundation located?
District 882 Educational And Scholarship Foundation is headquartered in Monticello, Minnesota and files with the IRS under EIN 363390458.
How many years of IRS 990 filings does District 882 Educational And Scholarship Foundation have?
District 882 Educational And Scholarship Foundation has 12 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 $180K in total revenue.
Filing History
IRS 990 filing history for District 882 Educational And Scholarship Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), District 882 Educational And Scholarship Foundation's revenue has declined by 60.4%, moving from $247K to $98K. Total assets increased by 97.5% over the same period, from $1.2M to $2.4M. Total functional expenses rose by 62.4%, from $95K to $155K. In its most recent filing year (2022), District 882 Educational And Scholarship Foundation reported a deficit of $57K, with expenses exceeding revenue. The organization holds $18 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $98K | $155K | $2.4M | $18 | — | View 990 |
| 2021 | $91K | $177K | $2.5M | $5K | — | View 990 |
| 2020 | $68K | $314K | $2.6M | $0 | — | View 990 |
| 2019 | $133K | $159K | $2.8M | $0 | — | View 990 |
| 2018 | $185K | $122K | $2.9M | $0 | — | View 990 |
| 2017 | $88K | $113K | $2.8M | $0 | — | View 990 |
| 2016 | $1.8M | $105K | $2.8M | $0 | — | View 990 |
| 2015 | $67K | $100K | $1.2M | $0 | — | View 990 |
| 2014 | $33K | $107K | $1.2M | $0 | — | View 990 |
| 2013 | $211K | $102K | $1.3M | $0 | — | View 990 |
| 2012 | $38K | $110K | $1.2M | $0 | — | View 990 |
| 2011 | $247K | $95K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $98K, expenses of $155K, and assets of $2.4M (revenue +7.5% year-over-year).
- 2021: Revenue of $91K, expenses of $177K, and assets of $2.5M (revenue +34.6% year-over-year).
- 2020: Revenue of $68K, expenses of $314K, and assets of $2.6M (revenue -49.2% year-over-year).
- 2019: Revenue of $133K, expenses of $159K, and assets of $2.8M (revenue -27.9% year-over-year).
- 2018: Revenue of $185K, expenses of $122K, and assets of $2.9M (revenue +109.9% year-over-year).
- 2017: Revenue of $88K, expenses of $113K, and assets of $2.8M (revenue -95.0% year-over-year).
- 2016: Revenue of $1.8M, expenses of $105K, and assets of $2.8M (revenue +2541.1% year-over-year).
- 2015: Revenue of $67K, expenses of $100K, and assets of $1.2M (revenue +102.9% year-over-year).
- 2014: Revenue of $33K, expenses of $107K, and assets of $1.2M (revenue -84.5% year-over-year).
- 2013: Revenue of $211K, expenses of $102K, and assets of $1.3M (revenue +463.4% year-over-year).
- 2012: Revenue of $38K, expenses of $110K, and assets of $1.2M (revenue -84.8% year-over-year).
- 2011: Revenue of $247K, expenses of $95K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for District 882 Educational And Scholarship Foundation:
Data Sources and Methodology
This transparency report for District 882 Educational And Scholarship Foundation 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.