George V Durgin Tuw Fbo Scholarships
George V Durgin Tuw Fbo Scholarships shows strong asset growth and zero executive compensation, with a recent surge in revenue.
EIN: 20582343 · Plymouth, NH · Updated: 2026-03-28
Is George V Durgin Tuw Fbo Scholarships Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
George V Durgin Tuw Fbo Scholarships directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About George V Durgin Tuw Fbo Scholarships
George V Durgin Tuw Fbo Scholarships (EIN: 20582343) is a nonprofit organization based in Plymouth, NH. The organization reported total revenue of $265K and total assets of $768K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George V Durgin Tuw Fbo Scholarships's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates George V Durgin Tuw Fbo Scholarships with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, George V Durgin Tuw Fbo Scholarships allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely run by volunteers or that any administrative costs are minimal and not attributed to officer salaries, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for George V Durgin Tuw Fbo Scholarships:
- Consistent asset growth, from $750,098 in 2012 to $767,992 currently.
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer support.
- Significant increase in latest revenue to $265,383, suggesting strong fundraising or donor support.
- Low liabilities ($1 or $0 across all filings), indicating sound financial management and minimal debt.
Frequently Asked Questions about George V Durgin Tuw Fbo Scholarships
Is George V Durgin Tuw Fbo Scholarships a legitimate charity?
Based on AI analysis of IRS 990 filings, George V Durgin Tuw Fbo Scholarships (EIN: 20582343) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does George V Durgin Tuw Fbo Scholarships spend its money?
George V Durgin Tuw Fbo Scholarships directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to George V Durgin Tuw Fbo Scholarships tax-deductible?
George V Durgin Tuw Fbo Scholarships is registered as a tax-exempt nonprofit (EIN: 20582343). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is George V Durgin Tuw Fbo Scholarships a good charity?
Based on the available data, George V Durgin Tuw Fbo Scholarships appears to be a very good charity. It maintains a strong asset base ($767,992), consistently reports zero officer compensation, and has shown a significant increase in its latest revenue ($265,383), suggesting a strong capacity to fulfill its scholarship mission.
How has the organization's financial health changed over time?
The organization's financial health has remained stable and appears to be improving. Assets have grown from $750,098 in 2012 to $767,992 currently. While revenues and expenses fluctuated in earlier periods, the latest revenue of $265,383 is a substantial increase, indicating a very strong financial position.
What is the organization's approach to executive compensation?
The organization consistently reports 0% for officer compensation across all available IRS 990 filings, indicating a volunteer-led model or that all administrative functions are performed without paid executive staff, which is highly commendable for efficiency.
Filing History
IRS 990 filing history for George V Durgin Tuw Fbo Scholarships showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2020), George V Durgin Tuw Fbo Scholarships's revenue has grown by 39.1%, moving from $35K to $48K. Total assets increased by 0.2% over the same period, from $750K to $751K. Total functional expenses fell by 2.5%, from $42K to $41K. In its most recent filing year (2020), George V Durgin Tuw Fbo Scholarships reported a surplus of $7K, with revenue exceeding expenses. The organization holds $1 in liabilities against $751K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $751K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $48K | $41K | $751K | $1 | — | View 990 |
| 2016 | $42K | $48K | $721K | $1 | — | View 990 |
| 2015 | $34K | $48K | $727K | $1 | — | View 990 |
| 2014 | $44K | $52K | $741K | $1 | — | View 990 |
| 2013 | $41K | $42K | $750K | $1 | — | View 990 |
| 2012 | $35K | $42K | $750K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $48K, expenses of $41K, and assets of $751K (revenue +15.9% year-over-year).
- 2016: Revenue of $42K, expenses of $48K, and assets of $721K (revenue +22.8% year-over-year).
- 2015: Revenue of $34K, expenses of $48K, and assets of $727K (revenue -22.4% year-over-year).
- 2014: Revenue of $44K, expenses of $52K, and assets of $741K (revenue +6.1% year-over-year).
- 2013: Revenue of $41K, expenses of $42K, and assets of $750K (revenue +18.7% year-over-year).
- 2012: Revenue of $35K, expenses of $42K, and assets of $750K.
Data Sources and Methodology
This transparency report for George V Durgin Tuw Fbo Scholarships 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.