James W Mairs Scholarship Fund Tr 335000 B
James W Mairs Scholarship Fund maintains stable assets and zero officer compensation, with recent revenue growth.
EIN: 146039261 · Providence, RI · NTEE: B82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $3K |
| Program Spending | 95% |
| Net Assets | $48K |
| Transparency Score | 90/100 |
Is James W Mairs Scholarship Fund Tr 335000 B Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James W Mairs Scholarship Fund Tr 335000 B directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James W Mairs Scholarship Fund Tr 335000 B
James W Mairs Scholarship Fund Tr 335000 B (EIN: 146039261) is a nonprofit organization based in Providence, RI, classified under NTEE code B82Z. The organization reported total revenue of $17K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James W Mairs Scholarship Fund Tr 335000 B's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James W Mairs Scholarship Fund Tr 335000 B is a micro nonprofit that has been operating for 52 years, with 5 years of IRS 990 filings on record (2012–2016).
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $3K |
| Surplus / Deficit | $-1,916 |
| Total Assets | $48K |
| Total Liabilities | $1 |
| Net Assets | $48K |
| Operating Margin | -128.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 170.4 months |
Financial Health Grade: B
In 2016, James W Mairs Scholarship Fund Tr 335000 B reported a deficit of $2K with expenses exceeding revenue, holds 170.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -79.7% | +309.1% | -6.1% |
| 2015 | +50.9% | -80.1% | +9.6% |
| 2014 | +72.0% | +16.0% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
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 James W Mairs Scholarship Fund Tr 335000 B 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, James W Mairs Scholarship Fund Tr 335000 B 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.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely volunteer-run or has no paid officers, 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 James W Mairs Scholarship Fund Tr 335000 B:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Stable asset base over multiple years, demonstrating financial resilience.
- Minimal to no liabilities reported, suggesting sound financial management.
- Recent significant increase in revenue to $16,849, enhancing program capacity.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about James W Mairs Scholarship Fund Tr 335000 B
Is James W Mairs Scholarship Fund Tr 335000 B a legitimate charity?
Based on AI analysis of IRS 990 filings, James W Mairs Scholarship Fund Tr 335000 B (EIN: 146039261) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does James W Mairs Scholarship Fund Tr 335000 B spend its money?
James W Mairs Scholarship Fund Tr 335000 B directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to James W Mairs Scholarship Fund Tr 335000 B tax-deductible?
James W Mairs Scholarship Fund Tr 335000 B is registered as a tax-exempt nonprofit (EIN: 146039261). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does James W Mairs Scholarship Fund Tr 335000 B compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), James W Mairs Scholarship Fund Tr 335000 B is above average for NTEE category B82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James W Mairs Scholarship Fund Tr 335000 B located?
James W Mairs Scholarship Fund Tr 335000 B is headquartered in Providence, Rhode Island and files with the IRS under EIN 146039261. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does James W Mairs Scholarship Fund Tr 335000 B have?
James W Mairs Scholarship Fund Tr 335000 B has 5 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 $17K in total revenue.
Is James W Mairs Scholarship Fund Tr 335000 B a good charity?
Based on the available data, the James W Mairs Scholarship Fund Tr 335000 B appears to be a very good charity. It consistently reports zero officer compensation, maintains stable assets, and has minimal liabilities, suggesting that nearly all funds are directed towards its scholarship program.
How has the organization's revenue trended?
Revenue has fluctuated, ranging from a low of $-163 in 2012 to a high of $16,849 in the latest period, indicating a positive recent trend in income generation.
What is the organization's asset stability?
The organization's assets have remained relatively stable over the past five years, fluctuating between $45,799 and $51,631, with the latest reported assets at $47,202.
Filing History
IRS 990 filing history for James W Mairs Scholarship Fund Tr 335000 B showing financial trends over 5 years of public records:
Total assets increased by 5.8% over the same period, from $46K to $48K. Total functional expenses rose by 23.5%, from $3K to $3K. In its most recent filing year (2016), James W Mairs Scholarship Fund Tr 335000 B reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $48K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1K | $3K | $48K | $1 | — | View 990 |
| 2015 | $7K | $834 | $52K | $1 | — | View 990 |
| 2014 | $5K | $4K | $47K | $1 | — | View 990 |
| 2013 | $3K | $4K | $46K | $0 | — | View 990 |
| 2012 | $-163 | $3K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1K, expenses of $3K, and assets of $48K (revenue -79.7% year-over-year).
- 2015: Revenue of $7K, expenses of $834, and assets of $52K (revenue +50.9% year-over-year).
- 2014: Revenue of $5K, expenses of $4K, and assets of $47K (revenue +72.0% year-over-year).
- 2013: Revenue of $3K, expenses of $4K, and assets of $46K.
- 2012: Revenue of $-163, expenses of $3K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James W Mairs Scholarship Fund Tr 335000 B:
Data Sources and Methodology
This transparency report for James W Mairs Scholarship Fund Tr 335000 B 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.