Louis D Traurig Scholarship Tr
Louis D Traurig Scholarship Tr: Consistent Scholarship Focus, Minimal Overhead
EIN: 222936329 · Middlebury, CT · Updated: 2026-04-04
Is Louis D Traurig Scholarship Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louis D Traurig Scholarship Tr directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louis D Traurig Scholarship Tr
Louis D Traurig Scholarship Tr (EIN: 222936329) is a nonprofit organization based in Middlebury, CT. The organization reported total revenue of $23K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louis D Traurig Scholarship Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Louis D Traurig Scholarship Tr with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Louis D Traurig Scholarship Tr 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.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating that the trust is managed by unpaid volunteers or an external entity without direct compensation from the trust's funds.
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 Louis D Traurig Scholarship Tr:
- Consistent and high percentage of expenses dedicated to program services (scholarships).
- Very low administrative and fundraising overhead.
- Stable asset base over several years, indicating sound financial management.
- Zero reported executive compensation, maximizing funds for beneficiaries.
Frequently Asked Questions about Louis D Traurig Scholarship Tr
Is Louis D Traurig Scholarship Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Louis D Traurig Scholarship Tr (EIN: 222936329) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Louis D Traurig Scholarship Tr spend its money?
Louis D Traurig Scholarship Tr directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Louis D Traurig Scholarship Tr tax-deductible?
Louis D Traurig Scholarship Tr is registered as a tax-exempt nonprofit (EIN: 222936329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Louis D Traurig Scholarship Tr do?
Louis D Traurig Scholarship Tr is a nonprofit organization in the Unknown sector, located in Middlebury, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Louis D Traurig Scholarship Tr have?
Louis D Traurig Scholarship Tr reported total revenue of $23,424. Based on 10 IRS 990 filings on record.
What are Louis D Traurig Scholarship Tr's total assets?
Louis D Traurig Scholarship Tr holds total assets of $552,532 as reported in IRS 990 filings.
Where is Louis D Traurig Scholarship Tr located?
Louis D Traurig Scholarship Tr is based in Middlebury, Connecticut.
What is Louis D Traurig Scholarship Tr's EIN?
Louis D Traurig Scholarship Tr's Employer Identification Number (EIN) is 222936329. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Louis D Traurig Scholarship Tr?
Louis D Traurig Scholarship Tr is classified under NTEE code Unknown (Unknown).
Is Louis D Traurig Scholarship Tr a registered 501(c)(3)?
Louis D Traurig Scholarship Tr appears in IRS records (EIN: 222936329). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Louis D Traurig Scholarship Tr file IRS Form 990?
Yes, Louis D Traurig Scholarship Tr has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Louis D Traurig Scholarship Tr's revenue in 2023?
In the 202312 filing period, Louis D Traurig Scholarship Tr reported total revenue of $24,080, total expenses of $22,740, and net assets of $546,457.
Is Louis D Traurig Scholarship Tr's revenue growing or declining?
Louis D Traurig Scholarship Tr's revenue is relatively stable. Revenue went from $23,430 (202212) to $24,080 (202312), a +2.8% change. Based on 10 filings on record.
What is Louis D Traurig Scholarship Tr's most recent 990 filing?
The most recent IRS Form 990 filing for Louis D Traurig Scholarship Tr covers tax period 202312. It shows revenue of $24,080, expenses of $22,740, total assets of $546,457, and liabilities of $1.
How much does Louis D Traurig Scholarship Tr spend on programs vs administration?
Based on IRS 990 analysis, Louis D Traurig Scholarship Tr allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Louis D Traurig Scholarship Tr a trustworthy charity?
Based on AI analysis of IRS 990 data, Louis D Traurig Scholarship Tr appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Louis D Traurig Scholarship Tr's strengths?
Positive indicators for Louis D Traurig Scholarship Tr include: Consistent and high percentage of expenses dedicated to program services (scholarships).. Very low administrative and fundraising overhead.. Stable asset base over several years, indicating sound financial management.. Zero reported executive compensation, maximizing funds for beneficiaries.. These findings are derived from AI analysis of the organization's financial filings.
How does Louis D Traurig Scholarship Tr compensate executives?
Executive compensation is reported as $0 across all available filings, indicating that the trust is managed by unpaid volunteers or an external entity without direct compensation from the trust's funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the trust manage to operate with 0% executive compensation and such low administrative costs?
The trust likely relies on volunteer efforts for its administration and oversight, or its operational costs are absorbed by an affiliated entity, allowing nearly all funds to be directed towards scholarships.
Given the consistent revenue and expense figures, what is the primary source of funding for the scholarships?
Based on the provided data, the trust appears to be primarily funded by its existing endowment, with investment income and minor contributions covering annual scholarship disbursements and minimal operational costs.
Filing History
IRS 990 filing history for Louis D Traurig Scholarship Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Louis D Traurig Scholarship Tr's revenue has grown by 202.8%, moving from $8K to $24K. Total assets decreased by 3% over the same period, from $563K to $546K. Total functional expenses fell by 18.4%, from $28K to $23K. In its most recent filing year (2023), Louis D Traurig Scholarship Tr reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $546K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $546K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $23K | $546K | $1 | — | — |
| 2022 | $23K | $19K | $545K | $1 | — | View 990 |
| 2021 | $24K | $26K | $541K | $1 | — | — |
| 2020 | $16K | $25K | $543K | $1 | — | — |
| 2019 | $135K | $24K | $552K | $1 | — | View 990 |
| 2015 | $8K | $29K | $498K | $1 | — | View 990 |
| 2014 | $10K | $28K | $519K | $1 | — | View 990 |
| 2013 | $27K | $28K | $538K | $1 | — | View 990 |
| 2012 | $6K | $30K | $539K | $0 | — | View 990 |
| 2011 | $8K | $28K | $563K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $23K, and assets of $546K (revenue +2.8% year-over-year).
- 2022: Revenue of $23K, expenses of $19K, and assets of $545K (revenue -4.1% year-over-year).
- 2021: Revenue of $24K, expenses of $26K, and assets of $541K (revenue +54.8% year-over-year).
- 2020: Revenue of $16K, expenses of $25K, and assets of $543K (revenue -88.3% year-over-year).
- 2019: Revenue of $135K, expenses of $24K, and assets of $552K (revenue +1651.3% year-over-year).
- 2015: Revenue of $8K, expenses of $29K, and assets of $498K (revenue -19.1% year-over-year).
- 2014: Revenue of $10K, expenses of $28K, and assets of $519K (revenue -64.6% year-over-year).
- 2013: Revenue of $27K, expenses of $28K, and assets of $538K (revenue +382.5% year-over-year).
- 2012: Revenue of $6K, expenses of $30K, and assets of $539K (revenue -29.8% year-over-year).
- 2011: Revenue of $8K, expenses of $28K, and assets of $563K.
Data Sources and Methodology
This transparency report for Louis D Traurig Scholarship Tr 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.