Newcomerstown Scholarship Foundation
EIN: 346580085 · Newcomerstown, OH
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $268K |
| Net Assets | $4.0M |
Is Newcomerstown Scholarship Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Newcomerstown Scholarship Foundation
Newcomerstown Scholarship Foundation (EIN: 346580085) is a nonprofit organization based in Newcomerstown, OH. The organization reported total revenue of $1.2M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newcomerstown Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newcomerstown Scholarship Foundation is a mid-size nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $268K |
| Surplus / Deficit | $-156,657 |
| Total Assets | $4.0M |
| Net Assets | $4.0M |
| Operating Margin | -141.1% |
| Months of Reserves | 179.8 months |
Financial Health Grade: B
In 2023, Newcomerstown Scholarship Foundation reported a deficit of $157K with expenses exceeding revenue, holds 179.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Newcomerstown Scholarship Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.8% | +1.8% | +4.7% |
| 2022 | -9.4% | -7.5% | -16.6% |
| 2021 | +48.5% | +46.9% | +5.1% |
| 2020 | -7.7% | -16.4% | +8.7% |
| 2019 | +8.0% | +4.3% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Newcomerstown Scholarship Foundation 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 Newcomerstown Scholarship Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $157K, with expenses exceeding revenue.
Frequently Asked Questions about Newcomerstown Scholarship Foundation
Is Newcomerstown Scholarship Foundation a legitimate charity?
Newcomerstown Scholarship Foundation (EIN: 346580085) is a registered tax-exempt nonprofit based in Ohio. It has 12 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: B.
How does Newcomerstown Scholarship Foundation spend its money?
Newcomerstown Scholarship Foundation reported $1.2M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Newcomerstown Scholarship Foundation tax-deductible?
Newcomerstown Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 346580085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Newcomerstown Scholarship Foundation located?
Newcomerstown Scholarship Foundation is headquartered in Newcomerstown, Ohio and files with the IRS under EIN 346580085.
How many years of IRS 990 filings does Newcomerstown Scholarship Foundation have?
Newcomerstown Scholarship Foundation has 12 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Newcomerstown Scholarship Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Newcomerstown Scholarship Foundation's revenue has declined by 0.9%, moving from $112K to $111K. Total assets increased by 216.5% over the same period, from $1.3M to $4.0M. Total functional expenses rose by 304.8%, from $66K to $268K. In its most recent filing year (2023), Newcomerstown Scholarship Foundation reported a deficit of $157K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $268K | $4.0M | $0 | — | — |
| 2022 | $198K | $263K | $3.8M | $0 | — | — |
| 2021 | $218K | $284K | $4.6M | $0 | — | — |
| 2020 | $147K | $194K | $4.4M | $0 | — | View 990 |
| 2019 | $159K | $231K | $4.0M | $0 | — | View 990 |
| 2018 | $147K | $222K | $3.5M | $0 | — | View 990 |
| 2017 | $177K | $182K | $4.0M | $0 | — | View 990 |
| 2016 | $168K | $99K | $3.6M | $0 | — | View 990 |
| 2015 | $277K | $249K | $3.4M | $0 | — | View 990 |
| 2014 | $398K | $188K | $3.6M | $0 | — | View 990 |
| 2012 | $2.1M | $70K | $3.3M | $0 | — | View 990 |
| 2011 | $112K | $66K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $268K, and assets of $4.0M (revenue -43.8% year-over-year).
- 2022: Revenue of $198K, expenses of $263K, and assets of $3.8M (revenue -9.4% year-over-year).
- 2021: Revenue of $218K, expenses of $284K, and assets of $4.6M (revenue +48.5% year-over-year).
- 2020: Revenue of $147K, expenses of $194K, and assets of $4.4M (revenue -7.7% year-over-year).
- 2019: Revenue of $159K, expenses of $231K, and assets of $4.0M (revenue +8.0% year-over-year).
- 2018: Revenue of $147K, expenses of $222K, and assets of $3.5M (revenue -16.8% year-over-year).
- 2017: Revenue of $177K, expenses of $182K, and assets of $4.0M (revenue +5.4% year-over-year).
- 2016: Revenue of $168K, expenses of $99K, and assets of $3.6M (revenue -39.2% year-over-year).
- 2015: Revenue of $277K, expenses of $249K, and assets of $3.4M (revenue -30.4% year-over-year).
- 2014: Revenue of $398K, expenses of $188K, and assets of $3.6M (revenue -80.8% year-over-year).
- 2012: Revenue of $2.1M, expenses of $70K, and assets of $3.3M (revenue +1746.3% year-over-year).
- 2011: Revenue of $112K, expenses of $66K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newcomerstown Scholarship Foundation:
Data Sources and Methodology
This transparency report for Newcomerstown Scholarship Foundation 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.