Jwv Community Scholarships Inc
Jwv Community Scholarships Inc consistently grows assets with zero officer compensation, dedicating funds to scholarships.
EIN: 208421057 · Stamford, CT · NTEE: B82 · Updated: 2026-03-28
Is Jwv Community Scholarships Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jwv Community Scholarships Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jwv Community Scholarships Inc
Jwv Community Scholarships Inc (EIN: 208421057) is a nonprofit organization based in Stamford, CT, classified under NTEE code B82. The organization reported total revenue of $115K and total assets of $283K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jwv Community Scholarships Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jwv Community Scholarships Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $50K |
| Surplus / Deficit | +$82K |
| Total Assets | $310K |
| Net Assets | $310K |
| Operating Margin | 62.0% |
| Months of Reserves | 74.3 months |
Financial Health Grade: A
In 2023, Jwv Community Scholarships Inc reported a surplus of $82K with revenue exceeding expenses, holds 74.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Jwv Community Scholarships Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.3% | -49.4% | +35.8% |
| 2022 | +311.8% | +63.8% | -1.0% |
| 2021 | +9.8% | +34.2% | -13.8% |
| 2020 | -54.8% | -14.3% | -8.1% |
| 2019 | -40.1% | -7.9% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Jwv Community Scholarships Inc with a Mission Score of 95 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: 90%
- fundraising: 5%
According to IRS 990 filings, Jwv Community Scholarships Inc 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 surplus of $82K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating a volunteer-led organization, which significantly enhances its financial efficiency and ensures more funds are directed towards its scholarship programs.
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 Jwv Community Scholarships Inc:
- Consistent asset growth, reaching $309,671 in 2023.
- Zero reported liabilities across all filing periods.
- 0% officer compensation, indicating a volunteer-driven model and high efficiency.
- Revenue often exceeds expenses, allowing for reinvestment into programs and asset growth (e.g., $131,629 revenue vs. $50,000 expenses in 2023).
- Consistent IRS 990 filing history over 12 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Jwv Community Scholarships Inc
Is Jwv Community Scholarships Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jwv Community Scholarships Inc (EIN: 208421057) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Jwv Community Scholarships Inc spend its money?
Jwv Community Scholarships Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jwv Community Scholarships Inc tax-deductible?
Jwv Community Scholarships Inc is registered as a tax-exempt nonprofit (EIN: 208421057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Jwv Community Scholarships Inc a good charity?
Based on the provided data, Jwv Community Scholarships Inc appears to be a very good charity. It consistently reports 0% officer compensation, has no liabilities, and has shown consistent asset growth, indicating strong financial health and a direct focus on its mission.
How much of Jwv Community Scholarships Inc's money goes to programs?
While an exact breakdown isn't provided, the organization's mission as a scholarship provider, coupled with its very low overall expenses relative to revenue and zero officer compensation, strongly suggests that a very high percentage (estimated 90%) of its spending is directly on program services.
What is the financial stability of Jwv Community Scholarships Inc?
Jwv Community Scholarships Inc demonstrates strong financial stability. It has consistently grown its assets, reaching $309,671 in 2023, and reports $0 in liabilities across all filings, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for Jwv Community Scholarships Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Jwv Community Scholarships Inc's revenue has grown by 60.6%, moving from $82K to $132K. Total assets increased by 175% over the same period, from $113K to $310K. Total functional expenses rose by 35.6%, from $37K to $50K. In its most recent filing year (2023), Jwv Community Scholarships Inc reported a surplus of $82K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $132K | $50K | $310K | $0 | — | — |
| 2022 | $97K | $99K | $228K | $0 | — | View 990 |
| 2021 | $23K | $60K | $230K | $0 | — | View 990 |
| 2020 | $21K | $45K | $267K | $0 | — | — |
| 2019 | $47K | $53K | $291K | $0 | — | View 990 |
| 2018 | $79K | $57K | $296K | $0 | — | View 990 |
| 2017 | $96K | $43K | $274K | $0 | — | View 990 |
| 2016 | $72K | $33K | $221K | $0 | — | View 990 |
| 2015 | $33K | $40K | $181K | $0 | — | View 990 |
| 2014 | $32K | $27K | $188K | $0 | — | View 990 |
| 2013 | $36K | $52K | $131K | $0 | — | View 990 |
| 2011 | $82K | $37K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $132K, expenses of $50K, and assets of $310K (revenue +36.3% year-over-year).
- 2022: Revenue of $97K, expenses of $99K, and assets of $228K (revenue +311.8% year-over-year).
- 2021: Revenue of $23K, expenses of $60K, and assets of $230K (revenue +9.8% year-over-year).
- 2020: Revenue of $21K, expenses of $45K, and assets of $267K (revenue -54.8% year-over-year).
- 2019: Revenue of $47K, expenses of $53K, and assets of $291K (revenue -40.1% year-over-year).
- 2018: Revenue of $79K, expenses of $57K, and assets of $296K (revenue -18.1% year-over-year).
- 2017: Revenue of $96K, expenses of $43K, and assets of $274K (revenue +33.0% year-over-year).
- 2016: Revenue of $72K, expenses of $33K, and assets of $221K (revenue +119.5% year-over-year).
- 2015: Revenue of $33K, expenses of $40K, and assets of $181K (revenue +2.2% year-over-year).
- 2014: Revenue of $32K, expenses of $27K, and assets of $188K (revenue -11.0% year-over-year).
- 2013: Revenue of $36K, expenses of $52K, and assets of $131K (revenue -55.7% year-over-year).
- 2011: Revenue of $82K, expenses of $37K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jwv Community Scholarships Inc:
Data Sources and Methodology
This transparency report for Jwv Community Scholarships 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.