John Fry Scholarship Fund Trust
John Fry Scholarship Fund Trust consistently spends more than it earns, drawing down its modest asset base.
EIN: 16007761 · Ellsworth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $824 |
| Program Spending | 90% |
| Net Assets | $8K |
| Transparency Score | 75/100 |
Is John Fry Scholarship Fund Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John Fry Scholarship Fund Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John Fry Scholarship Fund Trust
John Fry Scholarship Fund Trust (EIN: 16007761) is a nonprofit organization based in Ellsworth, ME. The organization reported total revenue of $1K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John Fry Scholarship Fund Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John Fry Scholarship Fund Trust is a micro nonprofit that has been operating for 54 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -14.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $298 |
| Total Expenses | $824 |
| Surplus / Deficit | $-526 |
| Total Assets | $8K |
| Total Liabilities | $1 |
| Net Assets | $8K |
| Operating Margin | -176.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.2 months |
Financial Health Grade: B
In 2020, John Fry Scholarship Fund Trust reported a deficit of $526 with expenses exceeding revenue, holds 113.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), John Fry Scholarship Fund Trust's revenue has declined at a compound annual growth rate (CAGR) of -14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +4.2% | +11.8% | -6.4% |
| 2019 | +271.4% | +6.3% | -20.8% |
| 2015 | -92.3% | -39.3% | -5.6% |
| 2014 | +333.9% | -0.3% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Fry Scholarship Fund Trust with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, John Fry Scholarship Fund Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $526, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is run entirely by volunteers, which is highly efficient for an organization of this 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.
Red Flags
The following concerns were identified during AI analysis of John Fry Scholarship Fund Trust's IRS 990 filings:
- Consistent deficit spending, with expenses frequently exceeding revenue (e.g., 2020: Revenue $298, Expenses $824).
- Declining asset base over time, from $13,566 in 2011 to $7,671 currently, indicating a draw-down of principal.
Strengths
The following positive indicators were identified for John Fry Scholarship Fund Trust:
- Zero officer compensation, indicating a highly volunteer-driven and efficient operation.
- Consistent IRS 990 filings, demonstrating transparency.
- Low liabilities (often $0 or $1), suggesting good financial management of immediate obligations.
Frequently Asked Questions about John Fry Scholarship Fund Trust
Is John Fry Scholarship Fund Trust a legitimate charity?
John Fry Scholarship Fund Trust (EIN: 16007761) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. Total revenue: $1K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does John Fry Scholarship Fund Trust spend its money?
John Fry Scholarship Fund Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to John Fry Scholarship Fund Trust tax-deductible?
John Fry Scholarship Fund Trust is registered as a tax-exempt nonprofit (EIN: 16007761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is John Fry Scholarship Fund Trust located?
John Fry Scholarship Fund Trust is headquartered in Ellsworth, Maine and files with the IRS under EIN 16007761.
How many years of IRS 990 filings does John Fry Scholarship Fund Trust have?
John Fry Scholarship Fund Trust has 7 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 $1K in total revenue.
Is the John Fry Scholarship Fund Trust a good charity?
Based on the available data, the John Fry Scholarship Fund Trust appears to be a legitimate and volunteer-driven charity focused on its mission. Its lack of officer compensation and consistent filing of IRS 990s are positive indicators. However, its financial sustainability relies on its ability to generate sufficient revenue to offset expenses or a deliberate strategy to disburse its principal over time.
Why are the assets declining?
The assets are declining because the organization's expenses have consistently exceeded its revenue in most reported periods. For example, in 2020, revenue was $298 while expenses were $824, leading to a reduction in assets. This trend has been observed since at least 2011, where assets were $13,566, compared to the current $7,671.
What is the primary source of funding for the trust?
The IRS 990 data only provides total revenue figures, not specific sources. Given the small amounts, it likely comes from small donations, investment income, or a combination. More detailed information would require reviewing the full 990 forms if available.
Filing History
IRS 990 filing history for John Fry Scholarship Fund Trust showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), John Fry Scholarship Fund Trust's revenue has declined by 74.3%, moving from $1K to $298. Total assets decreased by 42.7% over the same period, from $14K to $8K. Total functional expenses fell by 34.6%, from $1K to $824. In its most recent filing year (2020), John Fry Scholarship Fund Trust reported a deficit of $526, with expenses exceeding revenue. The organization holds $1 in liabilities against $8K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $298 | $824 | $8K | $1 | — | — |
| 2019 | $286 | $737 | $8K | $0 | — | View 990 |
| 2015 | $77 | $693 | $10K | $0 | — | View 990 |
| 2014 | $998 | $1K | $11K | $0 | — | View 990 |
| 2013 | $230 | $1K | $11K | $0 | — | View 990 |
| 2012 | $-134 | $1K | $12K | $0 | — | View 990 |
| 2011 | $1K | $1K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $298, expenses of $824, and assets of $8K (revenue +4.2% year-over-year).
- 2019: Revenue of $286, expenses of $737, and assets of $8K (revenue +271.4% year-over-year).
- 2015: Revenue of $77, expenses of $693, and assets of $10K (revenue -92.3% year-over-year).
- 2014: Revenue of $998, expenses of $1K, and assets of $11K (revenue +333.9% year-over-year).
- 2013: Revenue of $230, expenses of $1K, and assets of $11K.
- 2012: Revenue of $-134, expenses of $1K, and assets of $12K (revenue -111.6% year-over-year).
- 2011: Revenue of $1K, expenses of $1K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John Fry Scholarship Fund Trust:
Data Sources and Methodology
This transparency report for John Fry Scholarship Fund Trust 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.