Micds Scholarship Fund
EIN: 431220528 · Saint Louis, MO · NTEE: B24I
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $527K |
| Net Assets | $13.1M |
Is Micds Scholarship Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Micds Scholarship Fund
Micds Scholarship Fund (EIN: 431220528) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code B24I. The organization reported total revenue of $3.5M and total assets of $14.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Micds Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Micds Scholarship Fund is a mid-size nonprofit that has been operating for 45 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 25.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $527K |
| Surplus / Deficit | +$1.1M |
| Total Assets | $13.1M |
| Net Assets | $13.1M |
| Operating Margin | 66.6% |
| Months of Reserves | 297.9 months |
Financial Health Grade: A
In 2024, Micds Scholarship Fund reported a surplus of $1.1M with revenue exceeding expenses, holds 297.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Micds Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 25.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +554.5% | +6.2% | +23.2% |
| 2023 | -4.0% | +-0.0% | +18.9% |
| 2022 | -72.5% | +18.3% | -25.2% |
| 2021 | +39.9% | +0.9% | +36.1% |
| 2020 | +8.9% | +7.9% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Micds Scholarship Fund 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 Micds Scholarship Fund 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
Frequently Asked Questions about Micds Scholarship Fund
Is Micds Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Micds Scholarship Fund (EIN: 431220528) insufficient data. 0 red flags identified, 0 strengths noted.
How does Micds Scholarship Fund spend its money?
Detailed spending breakdown data is not yet available for Micds Scholarship Fund. Check back for updated IRS 990 analysis.
Are donations to Micds Scholarship Fund tax-deductible?
Micds Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 431220528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Micds Scholarship Fund located?
Micds Scholarship Fund is headquartered in Saint Louis, Missouri and files with the IRS under EIN 431220528. It is classified under NTEE code B24I.
How many years of IRS 990 filings does Micds Scholarship Fund have?
Micds Scholarship Fund has 14 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 $3.5M in total revenue.
Filing History
IRS 990 filing history for Micds Scholarship Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Micds Scholarship Fund's revenue has grown by 1742.1%, moving from $86K to $1.6M. Total assets increased by 122.2% over the same period, from $5.9M to $13.1M. Total functional expenses rose by 71.1%, from $308K to $527K. In its most recent filing year (2024), Micds Scholarship Fund reported a surplus of $1.1M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $527K | $13.1M | $0 | — | View 990 |
| 2023 | $242K | $497K | $10.6M | $0 | — | View 990 |
| 2022 | $252K | $497K | $8.9M | $0 | — | View 990 |
| 2021 | $915K | $420K | $11.9M | $0 | — | View 990 |
| 2020 | $654K | $416K | $8.8M | $0 | — | View 990 |
| 2019 | $601K | $386K | $8.3M | $0 | — | View 990 |
| 2018 | $788K | $370K | $8.2M | $0 | — | View 990 |
| 2017 | $445K | $335K | $7.2M | $0 | — | View 990 |
| 2016 | $230K | $366K | $6.1M | $0 | — | View 990 |
| 2015 | $322K | $350K | $6.8M | $0 | — | View 990 |
| 2014 | $442K | $339K | $6.8M | $0 | — | View 990 |
| 2013 | $311K | $336K | $6.1M | $0 | — | View 990 |
| 2012 | $292K | $327K | $5.7M | $0 | — | View 990 |
| 2011 | $86K | $308K | $5.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $527K, and assets of $13.1M (revenue +554.5% year-over-year).
- 2023: Revenue of $242K, expenses of $497K, and assets of $10.6M (revenue -4.0% year-over-year).
- 2022: Revenue of $252K, expenses of $497K, and assets of $8.9M (revenue -72.5% year-over-year).
- 2021: Revenue of $915K, expenses of $420K, and assets of $11.9M (revenue +39.9% year-over-year).
- 2020: Revenue of $654K, expenses of $416K, and assets of $8.8M (revenue +8.9% year-over-year).
- 2019: Revenue of $601K, expenses of $386K, and assets of $8.3M (revenue -23.8% year-over-year).
- 2018: Revenue of $788K, expenses of $370K, and assets of $8.2M (revenue +77.1% year-over-year).
- 2017: Revenue of $445K, expenses of $335K, and assets of $7.2M (revenue +93.3% year-over-year).
- 2016: Revenue of $230K, expenses of $366K, and assets of $6.1M (revenue -28.5% year-over-year).
- 2015: Revenue of $322K, expenses of $350K, and assets of $6.8M (revenue -27.1% year-over-year).
- 2014: Revenue of $442K, expenses of $339K, and assets of $6.8M (revenue +42.3% year-over-year).
- 2013: Revenue of $311K, expenses of $336K, and assets of $6.1M (revenue +6.5% year-over-year).
- 2012: Revenue of $292K, expenses of $327K, and assets of $5.7M (revenue +240.0% year-over-year).
- 2011: Revenue of $86K, expenses of $308K, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Micds Scholarship Fund:
Data Sources and Methodology
This transparency report for Micds 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.