John E Bell Memorial Scholarshipfund
John E Bell Memorial Scholarshipfund's assets are declining due to revenue consistently failing to cover expenses.
EIN: 204973749 · Millsboro, DE · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $5K |
| Program Spending | 90% |
| Net Assets | $27K |
| Transparency Score | 40/100 |
Is John E Bell Memorial Scholarshipfund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John E Bell Memorial Scholarshipfund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John E Bell Memorial Scholarshipfund
John E Bell Memorial Scholarshipfund (EIN: 204973749) is a nonprofit organization based in Millsboro, DE, classified under NTEE code B82. The organization reported total revenue of $1 and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John E Bell Memorial Scholarshipfund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John E Bell Memorial Scholarshipfund is a micro nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -90.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $5K |
| Surplus / Deficit | $-4,899 |
| Total Assets | $27K |
| Total Liabilities | $1 |
| Net Assets | $27K |
| Operating Margin | -489900.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 65.8 months |
Financial Health Grade: B
In 2023, John E Bell Memorial Scholarshipfund reported a deficit of $5K with expenses exceeding revenue, holds 65.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), John E Bell Memorial Scholarshipfund's revenue has declined at a compound annual growth rate (CAGR) of -90.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +20.7% | -15.4% |
| 2022 | -93.8% | +0.3% | -11.3% |
| 2021 | -92.7% | -26.4% | -10.1% |
| 2020 | -98.0% | -44.0% | -11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
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 John E Bell Memorial Scholarshipfund with a Mission Score of 40 out of 100 (Fair). 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: 90%
- fundraising: 5%
According to IRS 990 filings, John E Bell Memorial Scholarshipfund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all five filings, indicating that no executives or officers are paid, which is a positive sign for donor trust and resource allocation.
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 John E Bell Memorial Scholarshipfund's IRS 990 filings:
- Consistent and significant revenue deficit (e.g., $1 revenue vs. $4,900 expenses in 2023).
- Steady decline in total assets over five years ($45,121 in 2019 to $26,848 in 2023).
- Unsustainable financial model relying on asset depletion rather than earned revenue.
Strengths
The following positive indicators were identified for John E Bell Memorial Scholarshipfund:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Very low liabilities ($0-$1), suggesting good financial management in terms of debt.
Frequently Asked Questions about John E Bell Memorial Scholarshipfund
Is John E Bell Memorial Scholarshipfund a legitimate charity?
John E Bell Memorial Scholarshipfund (EIN: 204973749) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 40/100. It has 5 years of IRS 990 filings on record. Total revenue: $1. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does John E Bell Memorial Scholarshipfund spend its money?
John E Bell Memorial Scholarshipfund directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to John E Bell Memorial Scholarshipfund tax-deductible?
John E Bell Memorial Scholarshipfund is registered as a tax-exempt nonprofit (EIN: 204973749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of John E Bell Memorial Scholarshipfund's spending goes to programs?
John E Bell Memorial Scholarshipfund directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does John E Bell Memorial Scholarshipfund compare to similar nonprofits?
With a transparency score of 40/100 (Fair), John E Bell Memorial Scholarshipfund is near average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is John E Bell Memorial Scholarshipfund located?
John E Bell Memorial Scholarshipfund is headquartered in Millsboro, Delaware and files with the IRS under EIN 204973749. It is classified under NTEE code B82.
How many years of IRS 990 filings does John E Bell Memorial Scholarshipfund have?
John E Bell Memorial Scholarshipfund 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 $1 in total revenue.
Is John E Bell Memorial Scholarshipfund a good charity?
While the organization's mission to provide scholarships is commendable and it reports no officer compensation, its financial sustainability is a major concern. With revenue consistently failing to cover expenses (e.g., $1 revenue vs. $4,900 expenses in 2023), it is drawing down its assets significantly. This makes it difficult to assess as a 'good' charity without understanding its long-term plan for financial viability.
How does the organization fund its operations?
Based on the provided data, the organization primarily funds its operations and scholarship disbursements by drawing down its existing assets. Its reported revenue has been minimal ($1-$220 annually) compared to its expenses ($4,047-$9,828 annually) over the past five years.
What is the trend in the organization's assets?
The organization's assets have been in a consistent decline, decreasing from $45,121 in 2019 to $26,848 in 2023, indicating that it is spending more than it earns annually.
Filing History
IRS 990 filing history for John E Bell Memorial Scholarshipfund showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), John E Bell Memorial Scholarshipfund's revenue has declined by 100%, moving from $11K to $1. Total assets decreased by 40.5% over the same period, from $45K to $27K. Total functional expenses fell by 50.1%, from $10K to $5K. In its most recent filing year (2023), John E Bell Memorial Scholarshipfund reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $27K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $5K | $27K | $1 | — | — |
| 2022 | $1 | $4K | $32K | $1 | — | View 990 |
| 2021 | $16 | $4K | $36K | $1 | — | — |
| 2020 | $220 | $6K | $40K | $1 | — | View 990 |
| 2019 | $11K | $10K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $5K, and assets of $27K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $4K, and assets of $32K (revenue -93.8% year-over-year).
- 2021: Revenue of $16, expenses of $4K, and assets of $36K (revenue -92.7% year-over-year).
- 2020: Revenue of $220, expenses of $6K, and assets of $40K (revenue -98.0% year-over-year).
- 2019: Revenue of $11K, expenses of $10K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John E Bell Memorial Scholarshipfund:
Data Sources and Methodology
This transparency report for John E Bell Memorial Scholarshipfund 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.