Llewellyn Barry Scholarship Fund
Llewellyn Barry Scholarship Fund faces declining assets and persistent operating deficits despite volunteer leadership.
EIN: 16007755 · Ellsworth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $924 |
| Program Spending | 85% |
| Net Assets | $9K |
| Transparency Score | 65/100 |
Is Llewellyn Barry Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Llewellyn Barry Scholarship Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Llewellyn Barry Scholarship Fund
Llewellyn Barry Scholarship Fund (EIN: 16007755) is a nonprofit organization based in Ellsworth, ME. The organization reported total revenue of $2K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Llewellyn Barry Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Llewellyn Barry Scholarship Fund 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 -15.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $337 |
| Total Expenses | $924 |
| Surplus / Deficit | $-587 |
| Total Assets | $9K |
| Total Liabilities | $1 |
| Net Assets | $9K |
| Operating Margin | -174.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 114.6 months |
Financial Health Grade: B
In 2020, Llewellyn Barry Scholarship Fund reported a deficit of $587 with expenses exceeding revenue, holds 114.6 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), Llewellyn Barry Scholarship Fund's revenue has declined at a compound annual growth rate (CAGR) of -15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -62.1% | -3.3% | -6.3% |
| 2019 | +73.5% | +13.9% | -26.0% |
| 2015 | +10160.0% | -38.7% | -2.5% |
| 2014 | -98.7% | +0.1% | -9.6% |
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 Llewellyn Barry Scholarship Fund with a Mission Score of 65 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: 85%
- fundraising: 5%
According to IRS 990 filings, Llewellyn Barry Scholarship Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $587, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is run by volunteers. This is highly commendable for an organization of its size, ensuring all funds are directed towards its mission.
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 Llewellyn Barry Scholarship Fund's IRS 990 filings:
- Consistent operating deficits (expenses frequently exceed revenue)
- Declining asset base over the past decade
- Very low revenue in several past periods (e.g., $5 in 2014)
Strengths
The following positive indicators were identified for Llewellyn Barry Scholarship Fund:
- 0% officer compensation, indicating volunteer leadership and efficient use of funds for administration
- Consistent IRS 990 filing history, demonstrating transparency
- Clear mission focus on scholarships
Frequently Asked Questions about Llewellyn Barry Scholarship Fund
Is Llewellyn Barry Scholarship Fund a legitimate charity?
Llewellyn Barry Scholarship Fund (EIN: 16007755) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 7 years of IRS 990 filings on record. Total revenue: $2K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Llewellyn Barry Scholarship Fund spend its money?
Llewellyn Barry Scholarship Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Llewellyn Barry Scholarship Fund tax-deductible?
Llewellyn Barry Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 16007755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Llewellyn Barry Scholarship Fund's spending goes to programs?
Llewellyn Barry Scholarship Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Llewellyn Barry Scholarship Fund located?
Llewellyn Barry Scholarship Fund is headquartered in Ellsworth, Maine and files with the IRS under EIN 16007755.
How many years of IRS 990 filings does Llewellyn Barry Scholarship Fund have?
Llewellyn Barry Scholarship Fund 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 $2K in total revenue.
Is the Llewellyn Barry Scholarship Fund financially sustainable?
Based on the historical data, the organization has consistently spent more than it has brought in, leading to a decline in assets from $17,120 in 2011 to $8,806 currently. While the latest revenue of $2,241 is an improvement, the long-term trend suggests financial unsustainability without significant changes to its fundraising or spending model.
How does the organization manage its expenses relative to its revenue?
The organization frequently incurs expenses that exceed its revenue. For example, in 2020, expenses were $924 against revenue of $337, and in 2014, revenue was only $5 while expenses were $1,368. This pattern indicates a reliance on existing assets to cover operational costs.
What is the trend in the organization's assets?
The organization's assets have been steadily declining over the past decade, from $17,120 in 2011 to $8,806 currently. This trend is a direct result of expenses consistently exceeding revenue.
Filing History
IRS 990 filing history for Llewellyn Barry Scholarship Fund showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Llewellyn Barry Scholarship Fund's revenue has declined by 78.8%, moving from $2K to $337. Total assets decreased by 48.4% over the same period, from $17K to $9K. Total functional expenses fell by 37.8%, from $1K to $924. In its most recent filing year (2020), Llewellyn Barry Scholarship Fund reported a deficit of $587, with expenses exceeding revenue. The organization holds $1 in liabilities against $9K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $337 | $924 | $9K | $1 | — | — |
| 2019 | $890 | $956 | $9K | $0 | — | View 990 |
| 2015 | $513 | $839 | $13K | $0 | — | View 990 |
| 2014 | $5 | $1K | $13K | $0 | — | View 990 |
| 2013 | $382 | $1K | $14K | $0 | — | View 990 |
| 2012 | $-215 | $1K | $15K | $0 | — | View 990 |
| 2011 | $2K | $1K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $337, expenses of $924, and assets of $9K (revenue -62.1% year-over-year).
- 2019: Revenue of $890, expenses of $956, and assets of $9K (revenue +73.5% year-over-year).
- 2015: Revenue of $513, expenses of $839, and assets of $13K (revenue +10160.0% year-over-year).
- 2014: Revenue of $5, expenses of $1K, and assets of $13K (revenue -98.7% year-over-year).
- 2013: Revenue of $382, expenses of $1K, and assets of $14K.
- 2012: Revenue of $-215, expenses of $1K, and assets of $15K (revenue -113.5% year-over-year).
- 2011: Revenue of $2K, expenses of $1K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Llewellyn Barry Scholarship Fund:
Data Sources and Methodology
This transparency report for Llewellyn Barry Scholarship Fund 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.