Sarah I Turner Scholarship Award Trust
Sarah I Turner Scholarship Award Trust consistently operates with zero officer compensation, maintaining stable assets for scholarships.
EIN: 205743809 · Oklahoma City, OK · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $171K |
| Total Expenses | $19K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $222K |
| Transparency Score | 95/100 |
Is Sarah I Turner Scholarship Award Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sarah I Turner Scholarship Award Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sarah I Turner Scholarship Award Trust
Sarah I Turner Scholarship Award Trust (EIN: 205743809) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code B82. The organization reported total revenue of $171K and total assets of $217K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sarah I Turner Scholarship Award Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sarah I Turner Scholarship Award Trust is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $19K |
| Surplus / Deficit | $-8,462 |
| Total Assets | $222K |
| Total Liabilities | $1 |
| Net Assets | $222K |
| Operating Margin | -83.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 143.0 months |
Financial Health Grade: B
In 2024, Sarah I Turner Scholarship Award Trust reported a deficit of $8K with expenses exceeding revenue, holds 143.0 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 (2012–2024), Sarah I Turner Scholarship Award Trust's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -123.1% | -0.4% | -8.8% |
| 2022 | -25.9% | +-0.0% | -1.0% |
| 2021 | +166.7% | +0.2% | +0.8% |
| 2020 | -17.6% | +63.4% | +13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sarah I Turner Scholarship Award Trust with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Sarah I Turner Scholarship Award Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely volunteer-run or has no paid officers, which is highly efficient for an organization of its size with assets around $200,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Sarah I Turner Scholarship Award Trust's IRS 990 filings:
- Negative revenue reported in 202306 ($-3,561), though this appears to be an isolated incident.
Strengths
The following positive indicators were identified for Sarah I Turner Scholarship Award Trust:
- Consistent 0% officer compensation across all filings, indicating high efficiency and volunteer support.
- Stable asset base, consistently above $200,000, ensuring long-term sustainability for scholarships.
- Clear mission alignment with NTEE code B82 (Scholarships, Student Financial Aid).
- Predictable and controlled expenses, typically around $18,000 annually in recent years.
- Low liabilities, often $0 or $1, indicating strong financial management.
Frequently Asked Questions about Sarah I Turner Scholarship Award Trust
Is Sarah I Turner Scholarship Award Trust a legitimate charity?
Sarah I Turner Scholarship Award Trust (EIN: 205743809) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $171K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Sarah I Turner Scholarship Award Trust spend its money?
Sarah I Turner Scholarship Award Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Sarah I Turner Scholarship Award Trust tax-deductible?
Sarah I Turner Scholarship Award Trust is registered as a tax-exempt nonprofit (EIN: 205743809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sarah I Turner Scholarship Award Trust CEO make?
Sarah I Turner Scholarship Award Trust's highest-compensated officer earns $200,000. annually. The organization reported $171K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Sarah I Turner Scholarship Award Trust compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Sarah I Turner Scholarship Award Trust 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 Sarah I Turner Scholarship Award Trust located?
Sarah I Turner Scholarship Award Trust is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 205743809. It is classified under NTEE code B82.
How many years of IRS 990 filings does Sarah I Turner Scholarship Award Trust have?
Sarah I Turner Scholarship Award 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 $171K in total revenue.
Is the Sarah I Turner Scholarship Award Trust a good charity?
Based on the available IRS 990 data, the Sarah I Turner Scholarship Award Trust appears to be a very good charity. It demonstrates high financial efficiency with 0% officer compensation, consistent program spending (scholarships), and stable assets, all indicative of a well-managed and mission-focused organization.
How does the organization manage its expenses given fluctuating revenue?
Despite some fluctuations in annual revenue, including a negative revenue year in 202306 ($-3,561), the organization's expenses have remained remarkably consistent, typically around $18,000 in recent years. This suggests a disciplined approach to budgeting and spending, likely drawing from its stable asset base ($221,855 in 202406) to cover scholarship awards and minimal operational costs.
What is the primary use of the organization's funds?
Given its name, NTEE code (B82 - Scholarships, Student Financial Aid), and consistent expenses with 0% officer compensation, the primary use of the organization's funds is almost certainly for scholarship awards to students, with a very small portion allocated to essential administrative overhead.
Filing History
IRS 990 filing history for Sarah I Turner Scholarship Award Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Sarah I Turner Scholarship Award Trust's revenue has grown by 105.8%, moving from $5K to $10K. Total assets increased by 2.3% over the same period, from $217K to $222K. Total functional expenses rose by 27.3%, from $15K to $19K. In its most recent filing year (2024), Sarah I Turner Scholarship Award Trust reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $222K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $222K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $10K | $19K | $222K | $1 | — | — |
| 2023 | $-3,561 | $19K | $230K | $1 | — | View 990 |
| 2022 | $15K | $19K | $252K | $1 | — | — |
| 2021 | $21K | $19K | $255K | $0 | — | — |
| 2020 | $8K | $19K | $253K | $1 | — | View 990 |
| 2016 | $9K | $11K | $222K | $1 | — | View 990 |
| 2015 | $14K | $19K | $224K | $0 | — | View 990 |
| 2014 | $21K | $14K | $229K | $0 | — | View 990 |
| 2013 | $17K | $12K | $222K | $0 | — | View 990 |
| 2012 | $5K | $15K | $217K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10K, expenses of $19K, and assets of $222K.
- 2023: Revenue of $-3,561, expenses of $19K, and assets of $230K (revenue -123.1% year-over-year).
- 2022: Revenue of $15K, expenses of $19K, and assets of $252K (revenue -25.9% year-over-year).
- 2021: Revenue of $21K, expenses of $19K, and assets of $255K (revenue +166.7% year-over-year).
- 2020: Revenue of $8K, expenses of $19K, and assets of $253K (revenue -17.6% year-over-year).
- 2016: Revenue of $9K, expenses of $11K, and assets of $222K (revenue -31.3% year-over-year).
- 2015: Revenue of $14K, expenses of $19K, and assets of $224K (revenue -35.6% year-over-year).
- 2014: Revenue of $21K, expenses of $14K, and assets of $229K (revenue +27.9% year-over-year).
- 2013: Revenue of $17K, expenses of $12K, and assets of $222K (revenue +238.9% year-over-year).
- 2012: Revenue of $5K, expenses of $15K, and assets of $217K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sarah I Turner Scholarship Award Trust:
Data Sources and Methodology
This transparency report for Sarah I Turner Scholarship Award 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.