Joan Mcallister Scholarship Tr
EIN: 276685496 · Burlington, IA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $5K |
| Net Assets | $35K |
Is Joan Mcallister Scholarship Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joan Mcallister Scholarship Tr
Joan Mcallister Scholarship Tr (EIN: 276685496) is a nonprofit organization based in Burlington, IA, classified under NTEE code B82. The organization reported total revenue of $13K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joan Mcallister Scholarship Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joan Mcallister Scholarship Tr is a micro nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -33.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47 |
| Total Expenses | $5K |
| Surplus / Deficit | $-4,464 |
| Total Assets | $35K |
| Total Liabilities | $1 |
| Net Assets | $35K |
| Operating Margin | -9497.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 94.4 months |
Financial Health Grade: B
In 2023, Joan Mcallister Scholarship Tr reported a deficit of $4K with expenses exceeding revenue, holds 94.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Joan Mcallister Scholarship Tr's revenue has declined at a compound annual growth rate (CAGR) of -33.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.9% | +1.3% | -11.2% |
| 2022 | -60.2% | +1.6% | -5.3% |
| 2020 | -161.8% | -25.4% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joan Mcallister Scholarship Tr 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 Joan Mcallister Scholarship Tr 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Joan Mcallister Scholarship Tr
Is Joan Mcallister Scholarship Tr a legitimate charity?
Joan Mcallister Scholarship Tr (EIN: 276685496) is a registered tax-exempt nonprofit based in Iowa. It has 10 years of IRS 990 filings on record. Total revenue: $13K. No red flags identified. Financial health grade: B.
How does Joan Mcallister Scholarship Tr spend its money?
Joan Mcallister Scholarship Tr reported $13K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Joan Mcallister Scholarship Tr tax-deductible?
Joan Mcallister Scholarship Tr is registered as a tax-exempt nonprofit (EIN: 276685496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joan Mcallister Scholarship Tr located?
Joan Mcallister Scholarship Tr is headquartered in Burlington, Iowa and files with the IRS under EIN 276685496. It is classified under NTEE code B82.
How many years of IRS 990 filings does Joan Mcallister Scholarship Tr have?
Joan Mcallister Scholarship Tr has 10 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 $13K in total revenue.
Filing History
IRS 990 filing history for Joan Mcallister Scholarship Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joan Mcallister Scholarship Tr's revenue has declined by 99.3%, moving from $6K to $47. Total assets decreased by 19.8% over the same period, from $44K to $35K. Total functional expenses rose by 255.8%, from $1K to $5K. In its most recent filing year (2023), Joan Mcallister Scholarship Tr reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $35K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47 | $5K | $35K | $1 | — | — |
| 2022 | $2K | $4K | $40K | $1 | — | — |
| 2021 | $6K | $4K | $42K | $1 | — | — |
| 2020 | $-1,124 | $3K | $41K | $1 | — | — |
| 2019 | $2K | $5K | $46K | $1 | — | View 990 |
| 2015 | $-1,039 | $3K | $49K | $1 | — | View 990 |
| 2014 | $5K | $3K | $53K | $1 | — | View 990 |
| 2013 | $9K | $3K | $51K | $0 | — | View 990 |
| 2012 | $3K | $2K | $45K | $1 | — | View 990 |
| 2011 | $6K | $1K | $44K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $47, expenses of $5K, and assets of $35K (revenue -97.9% year-over-year).
- 2022: Revenue of $2K, expenses of $4K, and assets of $40K (revenue -60.2% year-over-year).
- 2021: Revenue of $6K, expenses of $4K, and assets of $42K.
- 2020: Revenue of $-1,124, expenses of $3K, and assets of $41K (revenue -161.8% year-over-year).
- 2019: Revenue of $2K, expenses of $5K, and assets of $46K.
- 2015: Revenue of $-1,039, expenses of $3K, and assets of $49K (revenue -120.5% year-over-year).
- 2014: Revenue of $5K, expenses of $3K, and assets of $53K (revenue -45.9% year-over-year).
- 2013: Revenue of $9K, expenses of $3K, and assets of $51K (revenue +228.2% year-over-year).
- 2012: Revenue of $3K, expenses of $2K, and assets of $45K (revenue -55.3% year-over-year).
- 2011: Revenue of $6K, expenses of $1K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joan Mcallister Scholarship Tr:
Data Sources and Methodology
This transparency report for Joan Mcallister Scholarship Tr 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.