Drive By Scholarship Foundation
Drive By Scholarship Foundation reports no revenue or assets, indicating inactivity or recent formation.
EIN: 202578635 · Ashdown, AR · NTEE: B82 · Updated: 2026-03-28
Is Drive By Scholarship Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Drive By Scholarship Foundation
Drive By Scholarship Foundation (EIN: 202578635) is a nonprofit organization based in Ashdown, AR, 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 Drive By Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Drive By Scholarship Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Drive By Scholarship Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation data is available as the organization reports zero revenue and zero assets, suggesting no operational activity or paid staff.
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 Drive By Scholarship Foundation's IRS 990 filings:
- Zero revenue reported
- Zero assets reported
- No discernible financial activity
Strengths
The following positive indicators were identified for Drive By Scholarship Foundation:
- No reported debt or liabilities (due to zero assets/revenue)
Frequently Asked Questions about Drive By Scholarship Foundation
Is Drive By Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Drive By Scholarship Foundation (EIN: 202578635) significant concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
How does Drive By Scholarship Foundation spend its money?
Detailed spending breakdown data is not yet available for Drive By Scholarship Foundation. Check back for updated IRS 990 analysis.
Are donations to Drive By Scholarship Foundation tax-deductible?
Drive By Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 202578635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Drive By Scholarship Foundation currently operational?
Based on the IRS 990 data showing $0 revenue and $0 assets, the organization does not appear to be actively operational or conducting financial transactions.
Does Drive By Scholarship Foundation have any programs?
With no reported revenue or assets, there is no indication of active programs or financial capacity to run them.
Data Sources and Methodology
This transparency report for Drive By 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.