Polly Boyd Scholarship Fund
EIN: 626184352 · Chattanooga, TN
| Metric | Value |
|---|---|
| Total Revenue | $193K |
| Total Expenses | $49K |
| Net Assets | $1.2M |
Is Polly Boyd 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 Polly Boyd Scholarship Fund
Polly Boyd Scholarship Fund (EIN: 626184352) is a nonprofit organization based in Chattanooga, TN. The organization reported total revenue of $193K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Polly Boyd Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Polly Boyd Scholarship Fund is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $49K |
| Surplus / Deficit | +$96K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 66.4% |
| Months of Reserves | 291.6 months |
Financial Health Grade: A
In 2023, Polly Boyd Scholarship Fund reported a surplus of $96K with revenue exceeding expenses, holds 291.6 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2023), Polly Boyd Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.9% | +0.6% | +10.1% |
| 2022 | +64.4% | +12.7% | +9.5% |
| 2021 | -32.4% | -2.7% | +7.2% |
| 2020 | +206.7% | -4.6% | +58.0% |
| 2014 | -6.4% | -8.1% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Polly Boyd 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 Polly Boyd 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $96K, with revenue exceeding expenses.
Frequently Asked Questions about Polly Boyd Scholarship Fund
Is Polly Boyd Scholarship Fund a legitimate charity?
Polly Boyd Scholarship Fund (EIN: 626184352) is a registered tax-exempt nonprofit based in Tennessee. It has 8 years of IRS 990 filings on record. Total revenue: $193K. No red flags identified. Financial health grade: A.
How does Polly Boyd Scholarship Fund spend its money?
Polly Boyd Scholarship Fund reported $193K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Polly Boyd Scholarship Fund tax-deductible?
Polly Boyd Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 626184352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Polly Boyd Scholarship Fund located?
Polly Boyd Scholarship Fund is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 626184352.
How many years of IRS 990 filings does Polly Boyd Scholarship Fund have?
Polly Boyd Scholarship Fund has 8 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 $193K in total revenue.
Filing History
IRS 990 filing history for Polly Boyd Scholarship Fund showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Polly Boyd Scholarship Fund's revenue has grown by 447.3%, moving from $26K to $145K. Total assets increased by 94.4% over the same period, from $607K to $1.2M. Total functional expenses fell by 21.7%, from $62K to $49K. In its most recent filing year (2023), Polly Boyd Scholarship Fund reported a surplus of $96K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $49K | $1.2M | $0 | — | View 990 |
| 2022 | $178K | $48K | $1.1M | $0 | — | View 990 |
| 2021 | $108K | $43K | $978K | $1 | — | View 990 |
| 2020 | $160K | $44K | $913K | $1 | — | View 990 |
| 2014 | $52K | $46K | $578K | $0 | — | View 990 |
| 2013 | $56K | $50K | $572K | $0 | — | View 990 |
| 2012 | $7K | $56K | $564K | $0 | — | View 990 |
| 2011 | $26K | $62K | $607K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $49K, and assets of $1.2M (revenue -18.9% year-over-year).
- 2022: Revenue of $178K, expenses of $48K, and assets of $1.1M (revenue +64.4% year-over-year).
- 2021: Revenue of $108K, expenses of $43K, and assets of $978K (revenue -32.4% year-over-year).
- 2020: Revenue of $160K, expenses of $44K, and assets of $913K (revenue +206.7% year-over-year).
- 2014: Revenue of $52K, expenses of $46K, and assets of $578K (revenue -6.4% year-over-year).
- 2013: Revenue of $56K, expenses of $50K, and assets of $572K (revenue +648.3% year-over-year).
- 2012: Revenue of $7K, expenses of $56K, and assets of $564K (revenue -71.7% year-over-year).
- 2011: Revenue of $26K, expenses of $62K, and assets of $607K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Polly Boyd Scholarship Fund:
Data Sources and Methodology
This transparency report for Polly Boyd 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.