Rhoads Scholarship Trust
EIN: 611089770 · Bowling Green, KY
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $15K |
| Net Assets | $268K |
Is Rhoads Scholarship Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rhoads Scholarship Trust
Rhoads Scholarship Trust (EIN: 611089770) is a nonprofit organization based in Bowling Green, KY. The organization reported total revenue of $28K and total assets of $279K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhoads Scholarship Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhoads Scholarship Trust is a micro nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). 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 | $16K |
| Total Expenses | $15K |
| Surplus / Deficit | +$886 |
| Total Assets | $268K |
| Total Liabilities | $1 |
| Net Assets | $268K |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 210.2 months |
Financial Health Grade: A
In 2023, Rhoads Scholarship Trust reported a surplus of $886 with revenue exceeding expenses, holds 210.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Rhoads Scholarship Trust's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | -28.9% | +0.3% |
| 2022 | -67.3% | +5.7% | -2.0% |
| 2021 | +451.3% | +2.1% | +11.7% |
| 2020 | +9.2% | +10.0% | -4.3% |
| 2019 | -50.2% | -4.0% | -10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rhoads Scholarship Trust 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 Rhoads Scholarship Trust 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 $886, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Rhoads Scholarship Trust
Is Rhoads Scholarship Trust a legitimate charity?
Rhoads Scholarship Trust (EIN: 611089770) is a registered tax-exempt nonprofit based in Kentucky. It has 10 years of IRS 990 filings on record. Total revenue: $28K. No red flags identified. Financial health grade: A.
How does Rhoads Scholarship Trust spend its money?
Rhoads Scholarship Trust reported $28K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rhoads Scholarship Trust tax-deductible?
Rhoads Scholarship Trust is registered as a tax-exempt nonprofit (EIN: 611089770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rhoads Scholarship Trust located?
Rhoads Scholarship Trust is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 611089770.
How many years of IRS 990 filings does Rhoads Scholarship Trust have?
Rhoads Scholarship Trust has 10 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 $28K in total revenue.
Filing History
IRS 990 filing history for Rhoads Scholarship Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rhoads Scholarship Trust's revenue has declined by 0.1%, moving from $16K to $16K. Total assets increased by 8.1% over the same period, from $248K to $268K. Total functional expenses fell by 5.1%, from $16K to $15K. In its most recent filing year (2023), Rhoads Scholarship Trust reported a surplus of $886, with revenue exceeding expenses. The organization holds $1 in liabilities against $268K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $268K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $15K | $268K | $1 | — | — |
| 2022 | $16K | $22K | $267K | $1 | — | — |
| 2021 | $49K | $20K | $273K | $1 | — | — |
| 2020 | $9K | $20K | $244K | $1 | — | View 990 |
| 2019 | $8K | $18K | $255K | $1 | — | View 990 |
| 2015 | $16K | $19K | $286K | $0 | — | View 990 |
| 2014 | $41K | $18K | $288K | $0 | — | View 990 |
| 2013 | $34K | $18K | $265K | $0 | — | View 990 |
| 2012 | $14K | $17K | $247K | $0 | — | View 990 |
| 2011 | $16K | $16K | $248K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $15K, and assets of $268K (revenue +0.6% year-over-year).
- 2022: Revenue of $16K, expenses of $22K, and assets of $267K (revenue -67.3% year-over-year).
- 2021: Revenue of $49K, expenses of $20K, and assets of $273K (revenue +451.3% year-over-year).
- 2020: Revenue of $9K, expenses of $20K, and assets of $244K (revenue +9.2% year-over-year).
- 2019: Revenue of $8K, expenses of $18K, and assets of $255K (revenue -50.2% year-over-year).
- 2015: Revenue of $16K, expenses of $19K, and assets of $286K (revenue -59.8% year-over-year).
- 2014: Revenue of $41K, expenses of $18K, and assets of $288K (revenue +20.2% year-over-year).
- 2013: Revenue of $34K, expenses of $18K, and assets of $265K (revenue +149.4% year-over-year).
- 2012: Revenue of $14K, expenses of $17K, and assets of $247K (revenue -15.8% year-over-year).
- 2011: Revenue of $16K, expenses of $16K, and assets of $248K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhoads Scholarship Trust:
Data Sources and Methodology
This transparency report for Rhoads Scholarship Trust 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.