Nellie Callahan Scholarship Fund
EIN: 426098173 · Winterset, IA
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $11K |
| Net Assets | $156K |
Is Nellie Callahan 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 Nellie Callahan Scholarship Fund
Nellie Callahan Scholarship Fund (EIN: 426098173) is a nonprofit organization based in Winterset, IA. The organization reported total revenue of $21K and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nellie Callahan Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nellie Callahan Scholarship Fund is a micro nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $11K |
| Surplus / Deficit | $-922 |
| Total Assets | $156K |
| Net Assets | $156K |
| Operating Margin | -9.4% |
| Months of Reserves | 175.3 months |
Financial Health Grade: B
In 2024, Nellie Callahan Scholarship Fund reported a deficit of $922 with expenses exceeding revenue, holds 175.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Nellie Callahan Scholarship Fund's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -19.1% | +4.6% | -0.6% |
| 2023 | -7.9% | -1.0% | +1.2% |
| 2022 | +47.5% | +49.4% | +1.9% |
| 2021 | -3.0% | -1.7% | +1.3% |
| 2020 | +145.2% | -18.7% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nellie Callahan 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 Nellie Callahan 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 deficit of $922, with expenses exceeding revenue.
Frequently Asked Questions about Nellie Callahan Scholarship Fund
Is Nellie Callahan Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Nellie Callahan Scholarship Fund (EIN: 426098173) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nellie Callahan Scholarship Fund spend its money?
Detailed spending breakdown data is not yet available for Nellie Callahan Scholarship Fund. Check back for updated IRS 990 analysis.
Are donations to Nellie Callahan Scholarship Fund tax-deductible?
Nellie Callahan Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 426098173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nellie Callahan Scholarship Fund located?
Nellie Callahan Scholarship Fund is headquartered in Winterset, Iowa and files with the IRS under EIN 426098173.
How many years of IRS 990 filings does Nellie Callahan Scholarship Fund have?
Nellie Callahan Scholarship Fund has 13 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 $21K in total revenue.
Filing History
IRS 990 filing history for Nellie Callahan Scholarship Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Nellie Callahan Scholarship Fund's revenue has declined by 17.8%, moving from $12K to $10K. Total assets increased by 11.8% over the same period, from $140K to $156K. Total functional expenses fell by 13.9%, from $12K to $11K. In its most recent filing year (2024), Nellie Callahan Scholarship Fund reported a deficit of $922, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $10K | $11K | $156K | $0 | — | — |
| 2023 | $12K | $10K | $157K | $0 | — | View 990 |
| 2022 | $13K | $10K | $155K | $0 | — | — |
| 2021 | $9K | $7K | $152K | $0 | — | — |
| 2020 | $9K | $7K | $150K | $0 | — | — |
| 2019 | $4K | $9K | $144K | $0 | — | View 990 |
| 2018 | $7K | $7K | $151K | $0 | — | — |
| 2017 | $7K | $9K | $150K | $0 | — | View 990 |
| 2016 | $12K | $7K | $151K | $0 | — | View 990 |
| 2015 | $7K | $7K | $147K | $0 | — | View 990 |
| 2014 | $8K | $5K | $147K | $0 | — | View 990 |
| 2013 | $8K | $8K | $139K | $0 | — | View 990 |
| 2012 | $12K | $12K | $140K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10K, expenses of $11K, and assets of $156K (revenue -19.1% year-over-year).
- 2023: Revenue of $12K, expenses of $10K, and assets of $157K (revenue -7.9% year-over-year).
- 2022: Revenue of $13K, expenses of $10K, and assets of $155K (revenue +47.5% year-over-year).
- 2021: Revenue of $9K, expenses of $7K, and assets of $152K (revenue -3.0% year-over-year).
- 2020: Revenue of $9K, expenses of $7K, and assets of $150K (revenue +145.2% year-over-year).
- 2019: Revenue of $4K, expenses of $9K, and assets of $144K (revenue -44.7% year-over-year).
- 2018: Revenue of $7K, expenses of $7K, and assets of $151K (revenue -4.4% year-over-year).
- 2017: Revenue of $7K, expenses of $9K, and assets of $150K (revenue -38.8% year-over-year).
- 2016: Revenue of $12K, expenses of $7K, and assets of $151K (revenue +64.3% year-over-year).
- 2015: Revenue of $7K, expenses of $7K, and assets of $147K (revenue -15.7% year-over-year).
- 2014: Revenue of $8K, expenses of $5K, and assets of $147K (revenue +3.2% year-over-year).
- 2013: Revenue of $8K, expenses of $8K, and assets of $139K (revenue -32.0% year-over-year).
- 2012: Revenue of $12K, expenses of $12K, and assets of $140K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nellie Callahan Scholarship Fund:
Data Sources and Methodology
This transparency report for Nellie Callahan 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.