Edward W & Betty Knight Scripps Fdn
EIN: 541426826 · Charlottesvle, VA
| Metric | Value |
|---|---|
| Total Revenue | $13.6M |
| Total Expenses | $203K |
| Net Assets | $35.7M |
Is Edward W & Betty Knight Scripps Fdn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Edward W & Betty Knight Scripps Fdn
Edward W & Betty Knight Scripps Fdn (EIN: 541426826) is a nonprofit organization based in Charlottesvle, VA. The organization reported total revenue of $13.6M and total assets of $38.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward W & Betty Knight Scripps Fdn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward W & Betty Knight Scripps Fdn is a large nonprofit that has been operating for 38 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $614K |
| Total Expenses | $203K |
| Surplus / Deficit | +$411K |
| Total Assets | $35.7M |
| Total Liabilities | $1 |
| Net Assets | $35.7M |
| Operating Margin | 66.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2106.3 months |
Financial Health Grade: A
In 2023, Edward W & Betty Knight Scripps Fdn reported a surplus of $411K with revenue exceeding expenses, holds 2106.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Edward W & Betty Knight Scripps Fdn's revenue has declined at a compound annual growth rate (CAGR) of -4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.9% | -59.1% | +1.2% |
| 2021 | -100.6% | -82.2% | -3.1% |
| 2020 | +432126.1% | +1322.6% | +787.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Edward W & Betty Knight Scripps Fdn 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 Edward W & Betty Knight Scripps Fdn 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $411K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Edward W & Betty Knight Scripps Fdn
Is Edward W & Betty Knight Scripps Fdn a legitimate charity?
Edward W & Betty Knight Scripps Fdn (EIN: 541426826) is a registered tax-exempt nonprofit based in Virginia. It has 11 years of IRS 990 filings on record. Total revenue: $13.6M. No red flags identified. Financial health grade: A.
How does Edward W & Betty Knight Scripps Fdn spend its money?
Edward W & Betty Knight Scripps Fdn reported $13.6M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Edward W & Betty Knight Scripps Fdn tax-deductible?
Edward W & Betty Knight Scripps Fdn is registered as a tax-exempt nonprofit (EIN: 541426826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edward W & Betty Knight Scripps Fdn located?
Edward W & Betty Knight Scripps Fdn is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 541426826.
How many years of IRS 990 filings does Edward W & Betty Knight Scripps Fdn have?
Edward W & Betty Knight Scripps Fdn has 11 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 $13.6M in total revenue.
Filing History
IRS 990 filing history for Edward W & Betty Knight Scripps Fdn showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Edward W & Betty Knight Scripps Fdn's revenue has declined by 40.8%, moving from $1.0M to $614K. Total assets increased by 149795.6% over the same period, from $24K to $35.7M. Total functional expenses fell by 80.4%, from $1.0M to $203K. In its most recent filing year (2023), Edward W & Betty Knight Scripps Fdn reported a surplus of $411K, with revenue exceeding expenses. The organization holds $1 in liabilities against $35.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $35.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $614K | $203K | $35.7M | $1 | — | View 990 |
| 2022 | $29.8M | $498K | $35.3M | $1 | — | View 990 |
| 2021 | $-58,164 | $134K | $6.0M | $1 | — | — |
| 2020 | $10.1M | $753K | $6.2M | $1 | — | View 990 |
| 2019 | $2K | $53K | $701K | $0 | — | View 990 |
| 2016 | $0 | $150 | $1K | $0 | — | View 990 |
| 2015 | $27 | $3K | $1K | $0 | — | View 990 |
| 2014 | $142 | $150 | $4K | $0 | — | View 990 |
| 2013 | $89K | $111K | $4K | $0 | — | View 990 |
| 2012 | $1.0M | $1000K | $26K | $0 | — | View 990 |
| 2011 | $1.0M | $1.0M | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $614K, expenses of $203K, and assets of $35.7M (revenue -97.9% year-over-year).
- 2022: Revenue of $29.8M, expenses of $498K, and assets of $35.3M.
- 2021: Revenue of $-58,164, expenses of $134K, and assets of $6.0M (revenue -100.6% year-over-year).
- 2020: Revenue of $10.1M, expenses of $753K, and assets of $6.2M (revenue +432126.1% year-over-year).
- 2019: Revenue of $2K, expenses of $53K, and assets of $701K.
- 2016: Revenue of $0, expenses of $150, and assets of $1K (revenue -100.0% year-over-year).
- 2015: Revenue of $27, expenses of $3K, and assets of $1K (revenue -81.0% year-over-year).
- 2014: Revenue of $142, expenses of $150, and assets of $4K (revenue -99.8% year-over-year).
- 2013: Revenue of $89K, expenses of $111K, and assets of $4K (revenue -91.1% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1000K, and assets of $26K (revenue -3.4% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward W & Betty Knight Scripps Fdn:
Data Sources and Methodology
This transparency report for Edward W & Betty Knight Scripps Fdn 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.