Idaho Governors Cup Scholarshipfund Inc
Idaho Governors Cup Scholarshipfund consistently directs over 90% of expenses to program services with no reported officer compensation.
EIN: 208277116 · Boise, ID · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $540K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $1.4 |
| Net Assets | $85K |
| Transparency Score | 92/100 |
Is Idaho Governors Cup Scholarshipfund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Idaho Governors Cup Scholarshipfund Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Idaho Governors Cup Scholarshipfund Inc
Idaho Governors Cup Scholarshipfund Inc (EIN: 208277116) is a nonprofit organization based in Boise, ID, classified under NTEE code B82. The organization reported total revenue of $1.8M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idaho Governors Cup Scholarshipfund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idaho Governors Cup Scholarshipfund Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $446K |
| Total Expenses | $540K |
| Surplus / Deficit | $-94,273 |
| Total Assets | $1.4M |
| Total Liabilities | $1.3M |
| Net Assets | $85K |
| Operating Margin | -21.1% |
| Debt-to-Asset Ratio | 94.1% |
| Months of Reserves | 31.6 months |
Financial Health Grade: C
In 2023, Idaho Governors Cup Scholarshipfund Inc reported a deficit of $94K with expenses exceeding revenue, holds 31.6 months of operating reserves (strong position), has a debt-to-asset ratio of 94.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Idaho Governors Cup Scholarshipfund Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | -32.9% | -4.2% |
| 2022 | -44.3% | +9.0% | -6.4% |
| 2021 | +18.1% | +64.1% | +28.7% |
| 2020 | +30.8% | -18.5% | -2.5% |
| 2019 | -2.8% | +9.0% | -20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Idaho Governors Cup Scholarshipfund Inc with a Mission Score of 92 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: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, Idaho Governors Cup Scholarshipfund Inc allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $94K, with expenses exceeding revenue.
- Debt-to-asset ratio: 94.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through means not categorized as officer compensation, which is highly favorable for a nonprofit of its size with assets around $1.4 million.
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.
Red Flags
The following concerns were identified during AI analysis of Idaho Governors Cup Scholarshipfund Inc's IRS 990 filings:
- Recent operational deficits in 2022 and 2023 where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Idaho Governors Cup Scholarshipfund Inc:
- Very high program spending ratio (e.g., 95% in 2023, $513,276 out of $540,276 total expenses).
- Consistent reporting of 0% officer compensation across all filings.
- Low administrative and fundraising expenses, indicating efficient operations.
- Consistent filing history demonstrating transparency and compliance.
- Healthy asset base relative to liabilities, providing financial stability.
Frequently Asked Questions about Idaho Governors Cup Scholarshipfund Inc
Is Idaho Governors Cup Scholarshipfund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Idaho Governors Cup Scholarshipfund Inc (EIN: 208277116) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Idaho Governors Cup Scholarshipfund Inc spend its money?
Idaho Governors Cup Scholarshipfund Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Idaho Governors Cup Scholarshipfund Inc tax-deductible?
Idaho Governors Cup Scholarshipfund Inc is registered as a tax-exempt nonprofit (EIN: 208277116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Idaho Governors Cup Scholarshipfund Inc CEO make?
Idaho Governors Cup Scholarshipfund Inc's highest-compensated officer earns $1.4 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Idaho Governors Cup Scholarshipfund Inc's spending goes to programs?
Idaho Governors Cup Scholarshipfund Inc directs 95% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Idaho Governors Cup Scholarshipfund Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Idaho Governors Cup Scholarshipfund Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Idaho Governors Cup Scholarshipfund Inc located?
Idaho Governors Cup Scholarshipfund Inc is headquartered in Boise, Idaho and files with the IRS under EIN 208277116. It is classified under NTEE code B82.
How many years of IRS 990 filings does Idaho Governors Cup Scholarshipfund Inc have?
Idaho Governors Cup Scholarshipfund Inc has 13 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 $1.8M in total revenue.
Is Idaho Governors Cup Scholarshipfund Inc a good charity?
Yes, based on the available IRS 990 data, the Idaho Governors Cup Scholarshipfund Inc appears to be a good charity. It consistently dedicates a very high percentage of its expenses (e.g., 95% in 2023) directly to its program services (scholarships) and reports no officer compensation, indicating strong financial efficiency and a clear focus on its mission.
How does the organization manage its administrative costs?
The organization manages its administrative costs very efficiently. In 2023, administrative expenses were approximately $27,000 out of total expenses of $540,276, representing about 5% of total spending. This low administrative overhead suggests effective resource allocation towards its primary mission.
What is the trend in the organization's financial health?
While the organization experienced deficits in 2022 and 2023 (expenses exceeding revenue), its asset base remains strong relative to liabilities. For example, in 2023, assets were $1,423,547 against liabilities of $1,338,938. The long-term trend shows consistent revenue generation and asset growth, indicating overall stability despite recent operational deficits.
Filing History
IRS 990 filing history for Idaho Governors Cup Scholarshipfund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Idaho Governors Cup Scholarshipfund Inc's revenue has grown by 52.6%, moving from $292K to $446K. Total assets increased by 101.6% over the same period, from $706K to $1.4M. Total functional expenses rose by 109.4%, from $258K to $540K. In its most recent filing year (2023), Idaho Governors Cup Scholarshipfund Inc reported a deficit of $94K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $1.4M in assets (debt-to-asset ratio: 94.1%), resulting in net assets of $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $446K | $540K | $1.4M | $1.3M | — | — |
| 2022 | $481K | $805K | $1.5M | $1.4M | — | View 990 |
| 2021 | $863K | $739K | $1.6M | $1.1M | — | View 990 |
| 2020 | $731K | $450K | $1.2M | $878K | — | View 990 |
| 2019 | $559K | $552K | $1.3M | $1.2M | — | View 990 |
| 2018 | $575K | $507K | $1.6M | $1.5M | — | View 990 |
| 2017 | $480K | $503K | $1.7M | $1.7M | — | View 990 |
| 2016 | $489K | $378K | $1.2M | $494 | — | View 990 |
| 2015 | $566K | $354K | $1.1M | $0 | — | View 990 |
| 2014 | $483K | $323K | $886K | $454 | — | View 990 |
| 2013 | $295K | $323K | $725K | $146 | — | View 990 |
| 2012 | $343K | $294K | $755K | $2K | — | View 990 |
| 2011 | $292K | $258K | $706K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $446K, expenses of $540K, and assets of $1.4M (revenue -7.2% year-over-year).
- 2022: Revenue of $481K, expenses of $805K, and assets of $1.5M (revenue -44.3% year-over-year).
- 2021: Revenue of $863K, expenses of $739K, and assets of $1.6M (revenue +18.1% year-over-year).
- 2020: Revenue of $731K, expenses of $450K, and assets of $1.2M (revenue +30.8% year-over-year).
- 2019: Revenue of $559K, expenses of $552K, and assets of $1.3M (revenue -2.8% year-over-year).
- 2018: Revenue of $575K, expenses of $507K, and assets of $1.6M (revenue +19.8% year-over-year).
- 2017: Revenue of $480K, expenses of $503K, and assets of $1.7M (revenue -2.0% year-over-year).
- 2016: Revenue of $489K, expenses of $378K, and assets of $1.2M (revenue -13.6% year-over-year).
- 2015: Revenue of $566K, expenses of $354K, and assets of $1.1M (revenue +17.1% year-over-year).
- 2014: Revenue of $483K, expenses of $323K, and assets of $886K (revenue +63.7% year-over-year).
- 2013: Revenue of $295K, expenses of $323K, and assets of $725K (revenue -13.9% year-over-year).
- 2012: Revenue of $343K, expenses of $294K, and assets of $755K (revenue +17.4% year-over-year).
- 2011: Revenue of $292K, expenses of $258K, and assets of $706K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idaho Governors Cup Scholarshipfund Inc:
Data Sources and Methodology
This transparency report for Idaho Governors Cup Scholarshipfund 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.