George Snow Scholarship Fund Inc
EIN: 592162597 · Boca Raton, FL
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $3.6M |
| Net Assets | $5.2M |
Is George Snow Scholarship Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George Snow Scholarship Fund Inc
George Snow Scholarship Fund Inc (EIN: 592162597) is a nonprofit organization based in Boca Raton, FL. The organization reported total revenue of $11.0M and total assets of $15.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George Snow Scholarship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George Snow Scholarship Fund Inc is a large nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-30,654 |
| Total Assets | $9.0M |
| Total Liabilities | $3.7M |
| Net Assets | $5.2M |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 41.6% |
| Months of Reserves | 29.5 months |
Financial Health Grade: B
In 2022, George Snow Scholarship Fund Inc reported a deficit of $31K with expenses exceeding revenue, holds 29.5 months of operating reserves (strong position), has a debt-to-asset ratio of 41.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), George Snow Scholarship Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -7.0% | +15.6% | +4.5% |
| 2021 | +58.5% | +58.0% | +23.1% |
| 2020 | +2.8% | -3.7% | +14.0% |
| 2019 | -0.7% | +39.4% | +14.5% |
| 2018 | +23.6% | +13.2% | -16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for George Snow Scholarship Fund Inc 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 George Snow Scholarship Fund Inc 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 $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.6%.
Frequently Asked Questions about George Snow Scholarship Fund Inc
Is George Snow Scholarship Fund Inc a legitimate charity?
George Snow Scholarship Fund Inc (EIN: 592162597) is a registered tax-exempt nonprofit based in Florida. It has 12 years of IRS 990 filings on record. Total revenue: $11.0M. No red flags identified. Financial health grade: B.
How does George Snow Scholarship Fund Inc spend its money?
George Snow Scholarship Fund Inc reported $11.0M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to George Snow Scholarship Fund Inc tax-deductible?
George Snow Scholarship Fund Inc is registered as a tax-exempt nonprofit (EIN: 592162597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is George Snow Scholarship Fund Inc located?
George Snow Scholarship Fund Inc is headquartered in Boca Raton, Florida and files with the IRS under EIN 592162597.
How many years of IRS 990 filings does George Snow Scholarship Fund Inc have?
George Snow Scholarship Fund Inc 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 $11.0M in total revenue.
Filing History
IRS 990 filing history for George Snow Scholarship Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), George Snow Scholarship Fund Inc's revenue has grown by 267.3%, moving from $984K to $3.6M. Total assets increased by 173.2% over the same period, from $3.3M to $9.0M. Total functional expenses rose by 372.2%, from $772K to $3.6M. In its most recent filing year (2022), George Snow Scholarship Fund Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $3.7M in liabilities against $9.0M in assets (debt-to-asset ratio: 41.6%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $3.6M | $3.6M | $9.0M | $3.7M | — | View 990 |
| 2021 | $3.9M | $3.2M | $8.6M | $3.0M | — | View 990 |
| 2020 | $2.5M | $2.0M | $7.0M | $2.3M | — | View 990 |
| 2019 | $2.4M | $2.1M | $6.1M | $2.1M | — | View 990 |
| 2018 | $2.4M | $1.5M | $5.3M | $38K | — | View 990 |
| 2017 | $1.9M | $1.3M | $6.4M | $1.8M | — | View 990 |
| 2016 | $1.6M | $1.3M | $5.6M | $1.7M | — | View 990 |
| 2015 | $1.2M | $934K | $5.0M | $1.5M | — | View 990 |
| 2014 | $958K | $860K | $4.9M | $1.5M | — | View 990 |
| 2013 | $1.0M | $917K | $4.7M | $1.5M | — | View 990 |
| 2012 | $1.1M | $796K | $4.4M | $1.3M | — | View 990 |
| 2011 | $984K | $772K | $3.3M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $3.6M, expenses of $3.6M, and assets of $9.0M (revenue -7.0% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.2M, and assets of $8.6M (revenue +58.5% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.0M, and assets of $7.0M (revenue +2.8% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.1M, and assets of $6.1M (revenue -0.7% year-over-year).
- 2018: Revenue of $2.4M, expenses of $1.5M, and assets of $5.3M (revenue +23.6% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.3M, and assets of $6.4M (revenue +22.9% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.3M, and assets of $5.6M (revenue +37.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $934K, and assets of $5.0M (revenue +20.1% year-over-year).
- 2014: Revenue of $958K, expenses of $860K, and assets of $4.9M (revenue -4.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $917K, and assets of $4.7M (revenue -11.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $796K, and assets of $4.4M (revenue +15.0% year-over-year).
- 2011: Revenue of $984K, expenses of $772K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George Snow Scholarship Fund Inc:
Data Sources and Methodology
This transparency report for George Snow Scholarship 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.