Kerri Lynn Bessette Female Athletic Scholarship Fund Inc
EIN: 223885580 · Wakefield, RI · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $4K |
| Net Assets | $287K |
Is Kerri Lynn Bessette Female Athletic Scholarship Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kerri Lynn Bessette Female Athletic Scholarship Fund Inc
Kerri Lynn Bessette Female Athletic Scholarship Fund Inc (EIN: 223885580) is a nonprofit organization based in Wakefield, RI, classified under NTEE code B82. The organization reported total revenue of $34K and total assets of $291K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kerri Lynn Bessette Female Athletic Scholarship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kerri Lynn Bessette Female Athletic Scholarship Fund Inc is a micro nonprofit that has been operating for 23 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $4K |
| Surplus / Deficit | +$106K |
| Total Assets | $287K |
| Net Assets | $287K |
| Operating Margin | 96.0% |
| Months of Reserves | 778.7 months |
Financial Health Grade: A
In 2023, Kerri Lynn Bessette Female Athletic Scholarship Fund Inc reported a surplus of $106K with revenue exceeding expenses, holds 778.7 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Kerri Lynn Bessette Female Athletic Scholarship Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.4% | +329.0% | +253.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kerri Lynn Bessette Female Athletic Scholarship Fund Inc 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 Kerri Lynn Bessette Female Athletic Scholarship Fund Inc 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 surplus of $106K, with revenue exceeding expenses.
Frequently Asked Questions about Kerri Lynn Bessette Female Athletic Scholarship Fund Inc
Is Kerri Lynn Bessette Female Athletic Scholarship Fund Inc a legitimate charity?
Kerri Lynn Bessette Female Athletic Scholarship Fund Inc (EIN: 223885580) is a registered tax-exempt nonprofit based in Rhode Island. It has 2 years of IRS 990 filings on record. Total revenue: $34K. No red flags identified. Financial health grade: A.
How does Kerri Lynn Bessette Female Athletic Scholarship Fund Inc spend its money?
Kerri Lynn Bessette Female Athletic Scholarship Fund Inc reported $34K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kerri Lynn Bessette Female Athletic Scholarship Fund Inc tax-deductible?
Kerri Lynn Bessette Female Athletic Scholarship Fund Inc is registered as a tax-exempt nonprofit (EIN: 223885580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kerri Lynn Bessette Female Athletic Scholarship Fund Inc located?
Kerri Lynn Bessette Female Athletic Scholarship Fund Inc is headquartered in Wakefield, Rhode Island and files with the IRS under EIN 223885580. It is classified under NTEE code B82.
How many years of IRS 990 filings does Kerri Lynn Bessette Female Athletic Scholarship Fund Inc have?
Kerri Lynn Bessette Female Athletic Scholarship Fund Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $34K in total revenue.
Filing History
IRS 990 filing history for Kerri Lynn Bessette Female Athletic Scholarship Fund Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Kerri Lynn Bessette Female Athletic Scholarship Fund Inc's revenue has grown by 0.4%, moving from $110K to $110K. Total assets increased by 253.7% over the same period, from $81K to $287K. Total functional expenses rose by 329%, from $1K to $4K. In its most recent filing year (2023), Kerri Lynn Bessette Female Athletic Scholarship Fund Inc reported a surplus of $106K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $4K | $287K | $0 | — | View 990 |
| 2022 | $110K | $1K | $81K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kerri Lynn Bessette Female Athletic Scholarship Fund Inc:
Data Sources and Methodology
This transparency report for Kerri Lynn Bessette Female Athletic Scholarship Fund 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.