George Walter & Violet C Edmonds Scholarship Trust
EIN: 596804593 · Las Vegas, NV · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $9K |
| Net Assets | $201K |
Is George Walter & Violet C Edmonds Scholarship Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George Walter & Violet C Edmonds Scholarship Trust
George Walter & Violet C Edmonds Scholarship Trust (EIN: 596804593) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code B82. The organization reported total revenue of $200K and total assets of $203K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George Walter & Violet C Edmonds Scholarship Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George Walter & Violet C Edmonds Scholarship Trust is a small nonprofit that has been operating for 37 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -12.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $9K |
| Surplus / Deficit | $-1,307 |
| Total Assets | $201K |
| Total Liabilities | $1 |
| Net Assets | $201K |
| Operating Margin | -16.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 257.1 months |
Financial Health Grade: B
In 2021, George Walter & Violet C Edmonds Scholarship Trust reported a deficit of $1K with expenses exceeding revenue, holds 257.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), George Walter & Violet C Edmonds Scholarship Trust's revenue has declined at a compound annual growth rate (CAGR) of -12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -62.5% | -45.1% | -0.6% |
| 2020 | +23.2% | +0.0% | +2.2% |
| 2019 | +40.8% | +13.0% | -6.7% |
| 2015 | +41.1% | -0.1% | -1.0% |
| 2014 | -20.5% | -10.6% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for George Walter & Violet C Edmonds Scholarship Trust 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 Walter & Violet C Edmonds Scholarship Trust 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about George Walter & Violet C Edmonds Scholarship Trust
Is George Walter & Violet C Edmonds Scholarship Trust a legitimate charity?
George Walter & Violet C Edmonds Scholarship Trust (EIN: 596804593) is a registered tax-exempt nonprofit based in Nevada. It has 8 years of IRS 990 filings on record. Total revenue: $200K. No red flags identified. Financial health grade: B.
How does George Walter & Violet C Edmonds Scholarship Trust spend its money?
George Walter & Violet C Edmonds Scholarship Trust reported $200K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to George Walter & Violet C Edmonds Scholarship Trust tax-deductible?
George Walter & Violet C Edmonds Scholarship Trust is registered as a tax-exempt nonprofit (EIN: 596804593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is George Walter & Violet C Edmonds Scholarship Trust located?
George Walter & Violet C Edmonds Scholarship Trust is headquartered in Las Vegas, Nevada and files with the IRS under EIN 596804593. It is classified under NTEE code B82.
How many years of IRS 990 filings does George Walter & Violet C Edmonds Scholarship Trust have?
George Walter & Violet C Edmonds Scholarship Trust has 8 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 $200K in total revenue.
Filing History
IRS 990 filing history for George Walter & Violet C Edmonds Scholarship Trust showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), George Walter & Violet C Edmonds Scholarship Trust's revenue has declined by 72.2%, moving from $29K to $8K. Total assets decreased by 14.5% over the same period, from $235K to $201K. Total functional expenses fell by 31.9%, from $14K to $9K. In its most recent filing year (2021), George Walter & Violet C Edmonds Scholarship Trust reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $201K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $201K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $8K | $9K | $201K | $1 | — | — |
| 2020 | $22K | $17K | $202K | $1 | — | — |
| 2019 | $17K | $17K | $198K | $1 | — | View 990 |
| 2015 | $12K | $15K | $212K | $0 | — | View 990 |
| 2014 | $9K | $15K | $214K | $0 | — | View 990 |
| 2013 | $11K | $17K | $221K | $0 | — | View 990 |
| 2012 | $7K | $16K | $226K | $0 | — | View 990 |
| 2011 | $29K | $14K | $235K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $8K, expenses of $9K, and assets of $201K (revenue -62.5% year-over-year).
- 2020: Revenue of $22K, expenses of $17K, and assets of $202K (revenue +23.2% year-over-year).
- 2019: Revenue of $17K, expenses of $17K, and assets of $198K (revenue +40.8% year-over-year).
- 2015: Revenue of $12K, expenses of $15K, and assets of $212K (revenue +41.1% year-over-year).
- 2014: Revenue of $9K, expenses of $15K, and assets of $214K (revenue -20.5% year-over-year).
- 2013: Revenue of $11K, expenses of $17K, and assets of $221K (revenue +52.2% year-over-year).
- 2012: Revenue of $7K, expenses of $16K, and assets of $226K (revenue -75.0% year-over-year).
- 2011: Revenue of $29K, expenses of $14K, and assets of $235K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George Walter & Violet C Edmonds Scholarship Trust:
Data Sources and Methodology
This transparency report for George Walter & Violet C Edmonds Scholarship Trust 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.