Georges Scholarship Foundation
EIN: 474176154 · Springdale, AR · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $500 |
| Total Expenses | $500 |
| Net Assets | $1K |
Is Georges Scholarship Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Georges Scholarship Foundation
Georges Scholarship Foundation (EIN: 474176154) is a nonprofit organization based in Springdale, AR, classified under NTEE code B82. The organization reported total revenue of $500 and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georges Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georges Scholarship Foundation is a micro nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2015–2021). Revenue has grown at a compound annual rate of -41.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $500 |
| Total Expenses | $500 |
| Surplus / Deficit | +$0 |
| Total Assets | $1K |
| Total Liabilities | $1 |
| Net Assets | $1K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 26.2 months |
Financial Health Grade: A
In 2021, Georges Scholarship Foundation reported a surplus of $0 with revenue exceeding expenses, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 4 years of filings (2015–2021), Georges Scholarship Foundation's revenue has declined at a compound annual growth rate (CAGR) of -41.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -83.3% | -83.3% | +0.0% |
| 2020 | -57.1% | -62.4% | +0.0% |
| 2019 | -44.0% | -33.1% | +89.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Georges Scholarship Foundation 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 Georges Scholarship Foundation 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 surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Georges Scholarship Foundation
Is Georges Scholarship Foundation a legitimate charity?
Georges Scholarship Foundation (EIN: 474176154) is a registered tax-exempt nonprofit based in Arkansas. It has 4 years of IRS 990 filings on record. Total revenue: $500. No red flags identified. Financial health grade: A.
How does Georges Scholarship Foundation spend its money?
Georges Scholarship Foundation reported $500 in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Georges Scholarship Foundation tax-deductible?
Georges Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 474176154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Georges Scholarship Foundation located?
Georges Scholarship Foundation is headquartered in Springdale, Arkansas and files with the IRS under EIN 474176154. It is classified under NTEE code B82.
How many years of IRS 990 filings does Georges Scholarship Foundation have?
Georges Scholarship Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $500 in total revenue.
Filing History
IRS 990 filing history for Georges Scholarship Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2015–2021), Georges Scholarship Foundation's revenue has declined by 96%, moving from $13K to $500. Total assets increased by 89.9% over the same period, from $574 to $1K. Total functional expenses fell by 95.8%, from $12K to $500. In its most recent filing year (2021), Georges Scholarship Foundation reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $1K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $500 | $500 | $1K | $1 | — | — |
| 2020 | $3K | $3K | $1K | $1 | — | — |
| 2019 | $7K | $8K | $1K | $0 | — | View 990 |
| 2015 | $13K | $12K | $574 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $500, expenses of $500, and assets of $1K (revenue -83.3% year-over-year).
- 2020: Revenue of $3K, expenses of $3K, and assets of $1K (revenue -57.1% year-over-year).
- 2019: Revenue of $7K, expenses of $8K, and assets of $1K (revenue -44.0% year-over-year).
- 2015: Revenue of $13K, expenses of $12K, and assets of $574.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georges Scholarship Foundation:
Data Sources and Methodology
This transparency report for Georges 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.