National Society Of High School Scholars Foundation Inc

National Society Of High School Scholars Foundation operates with volunteer leadership and no debt, but revenue and assets fluctuate.

EIN: 200137021 · Atlanta, GA · NTEE: B82 · Updated: 2026-03-28

$252KRevenue
$146KAssets
85/100Mission Score (Excellent)
B82
National Society Of High School Scholars Foundation Inc Financial Summary
MetricValue
Total Revenue$252K
Total Expenses$161K
Program Spending85%
CEO/Top Officer Pay$42,465
Net Assets$109K
Transparency Score85/100

Is National Society Of High School Scholars Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

National Society Of High School Scholars Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About National Society Of High School Scholars Foundation Inc

National Society Of High School Scholars Foundation Inc (EIN: 200137021) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B82. The organization reported total revenue of $252K and total assets of $146K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Society Of High School Scholars Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

National Society Of High School Scholars Foundation Inc is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -0.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$166K
Total Expenses$161K
Surplus / Deficit+$5K
Total Assets$109K
Net Assets$109K
Operating Margin3.2%
Months of Reserves8.1 months

Financial Health Grade: A

In 2023, National Society Of High School Scholars Foundation Inc reported a surplus of $5K with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position).

Financial Trends

Over 11 years of filings (2013–2023), National Society Of High School Scholars Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+21.2%-3.9%+5.1%
2022-25.8%+23.5%-22.7%
2021+23.9%-10.1%+58.1%
2020-13.2%+13.8%-1.9%
2019-17.3%-40.0%+84.1%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The National Society Of High School Scholars Foundation Inc demonstrates a generally stable, albeit modest, financial profile. Over the past decade, its revenue has fluctuated, with the latest reported revenue at $166,249 in 2023, a decrease from the peak of $208,000 in 2018. The organization consistently reports zero liabilities, indicating a healthy balance sheet and no outstanding debt, which is a strong positive for financial stability. However, the organization's assets have also shown variability, with the latest at $108,905, down from a high of $168,945 in 2014. This suggests that while financially sound, there isn't significant growth in reserves. Spending efficiency is a key area for analysis. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to precisely assess efficiency. However, the organization consistently reports 0% officer compensation across all filings, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries. This practice significantly reduces administrative overhead. The organization's expenses have generally tracked closely with its revenue, sometimes exceeding it (e.g., 2022, 2020, 2018, 2017, 2016, 2015), which can lead to drawing down assets but is not uncommon for smaller nonprofits managing cash flow. In terms of transparency, the consistent filing of IRS Form 990s over 11 periods is a positive sign. The explicit reporting of 0% officer compensation is also a transparent disclosure. The absence of liabilities further simplifies their financial picture, making it easier for stakeholders to understand their financial position. While specific program spending ratios are not provided in this summary, the overall financial behavior suggests a lean operation with a focus on its mission, supported by volunteer leadership.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Society Of High School Scholars Foundation Inc 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, National Society Of High School Scholars Foundation Inc 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 (2023)

From the most recent IRS 990 filing on record:

$166KTotal Revenue
$161KTotal Expenses
$109KTotal Assets
$109KNet Assets
  • The organization reported a surplus of $5K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all 11 filings, indicating that the organization's leadership is entirely volunteer-based, which is highly unusual and commendable for an organization of its size with revenues ranging from $42,465 to $208,000.

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 National Society Of High School Scholars Foundation Inc's IRS 990 filings:

  • Inconsistent revenue stream with significant year-to-year fluctuations
  • Expenses frequently exceed revenue, potentially drawing down assets over time (e.g., 2022, 2020, 2018, 2017, 2016, 2015)

Strengths

The following positive indicators were identified for National Society Of High School Scholars Foundation Inc:

  • Consistently reports 0% officer compensation, indicating volunteer leadership and low administrative overhead
  • Zero liabilities reported across all 11 filings, demonstrating strong financial stability and no debt
  • Consistent filing of IRS Form 990s, indicating good transparency practices
  • Maintains a positive asset balance, even with revenue fluctuations

Frequently Asked Questions about National Society Of High School Scholars Foundation Inc

Is National Society Of High School Scholars Foundation Inc a legitimate charity?

National Society Of High School Scholars Foundation Inc (EIN: 200137021) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $252K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does National Society Of High School Scholars Foundation Inc spend its money?

National Society Of High School Scholars Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to National Society Of High School Scholars Foundation Inc tax-deductible?

National Society Of High School Scholars Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200137021). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the National Society Of High School Scholars Foundation Inc CEO make?

National Society Of High School Scholars Foundation Inc's highest-compensated officer earns $42,465 annually. The organization reported $252K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of National Society Of High School Scholars Foundation Inc's spending goes to programs?

National Society Of High School Scholars Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does National Society Of High School Scholars Foundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), National Society Of High School Scholars Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is National Society Of High School Scholars Foundation Inc located?

National Society Of High School Scholars Foundation Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 200137021. It is classified under NTEE code B82.

How many years of IRS 990 filings does National Society Of High School Scholars Foundation Inc have?

National Society Of High School Scholars Foundation Inc has 11 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 $252K in total revenue.

Is National Society Of High School Scholars Foundation Inc a good charity?

Based on the provided financial data, the organization demonstrates strong financial health in terms of having no liabilities and 0% officer compensation, suggesting a high dedication to its mission and efficient use of funds by minimizing overhead. However, without detailed program spending, a full assessment of impact is limited.

How does the organization manage its finances given fluctuating revenues?

The organization appears to manage fluctuations by sometimes spending more than it earns in a given year (e.g., 2022, 2020), which would draw down its assets. Conversely, in years with higher revenue relative to expenses (e.g., 2023, 2021), it rebuilds its asset base. The consistent zero liabilities indicate careful debt management.

What is the trend in the organization's assets?

The organization's assets have fluctuated significantly over the years, from a high of $168,945 in 2014 to a low of $46,925 in 2018, and currently stand at $108,905 in 2023. There isn't a clear upward or downward trend, but rather a pattern of variability.

Filing History

IRS 990 filing history for National Society Of High School Scholars Foundation Inc showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), National Society Of High School Scholars Foundation Inc's revenue has declined by 0.3%, moving from $167K to $166K. Total assets decreased by 16.9% over the same period, from $131K to $109K. Total functional expenses rose by 296.3%, from $41K to $161K. In its most recent filing year (2023), National Society Of High School Scholars Foundation Inc reported a surplus of $5K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $166K $161K $109K $0
2022 $137K $168K $104K $0 View 990
2021 $185K $136K $134K $0 View 990
2020 $149K $151K $85K $0
2019 $172K $133K $86K $0 View 990
2018 $208K $221K $47K $0 View 990
2017 $201K $209K $60K $0 View 990
2016 $139K $158K $68K $0 View 990
2015 $42K $125K $87K $0 View 990
2014 $162K $120K $169K $0 View 990
2013 $167K $41K $131K $4K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $166K, expenses of $161K, and assets of $109K (revenue +21.2% year-over-year).
  • 2022: Revenue of $137K, expenses of $168K, and assets of $104K (revenue -25.8% year-over-year).
  • 2021: Revenue of $185K, expenses of $136K, and assets of $134K (revenue +23.9% year-over-year).
  • 2020: Revenue of $149K, expenses of $151K, and assets of $85K (revenue -13.2% year-over-year).
  • 2019: Revenue of $172K, expenses of $133K, and assets of $86K (revenue -17.3% year-over-year).
  • 2018: Revenue of $208K, expenses of $221K, and assets of $47K (revenue +3.4% year-over-year).
  • 2017: Revenue of $201K, expenses of $209K, and assets of $60K (revenue +44.8% year-over-year).
  • 2016: Revenue of $139K, expenses of $158K, and assets of $68K (revenue +227.3% year-over-year).
  • 2015: Revenue of $42K, expenses of $125K, and assets of $87K (revenue -73.7% year-over-year).
  • 2014: Revenue of $162K, expenses of $120K, and assets of $169K (revenue -3.1% year-over-year).
  • 2013: Revenue of $167K, expenses of $41K, and assets of $131K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for National Society Of High School Scholars Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing

Data Sources and Methodology

This transparency report for National Society Of High School Scholars Foundation 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.

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