Scholarship Committee Incorporated Of The Salem High School Alumni As
EIN: 346519955 · Salem, OH · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $980K |
| Total Expenses | $588K |
| Net Assets | $11.9M |
Is Scholarship Committee Incorporated Of The Salem High School Alumni As Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scholarship Committee Incorporated Of The Salem High School Alumni As
Scholarship Committee Incorporated Of The Salem High School Alumni As (EIN: 346519955) is a nonprofit organization based in Salem, OH, classified under NTEE code B82Z. The organization reported total revenue of $980K and total assets of $12.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scholarship Committee Incorporated Of The Salem High School Alumni As's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scholarship Committee Incorporated Of The Salem High School Alumni As is a small nonprofit that has been operating for 83 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $449K |
| Total Expenses | $588K |
| Surplus / Deficit | $-138,249 |
| Total Assets | $12.0M |
| Total Liabilities | $2K |
| Net Assets | $11.9M |
| Operating Margin | -30.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 244.0 months |
Financial Health Grade: B
In 2023, Scholarship Committee Incorporated Of The Salem High School Alumni As reported a deficit of $138K with expenses exceeding revenue, holds 244.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Scholarship Committee Incorporated Of The Salem High School Alumni As's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.7% | -21.1% | +1.7% |
| 2022 | -2.4% | +34.2% | -14.4% |
| 2021 | +34.2% | +15.8% | +15.4% |
| 2020 | -24.7% | -7.6% | +1.6% |
| 2019 | -20.6% | +5.5% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1943 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scholarship Committee Incorporated Of The Salem High School Alumni As 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 Scholarship Committee Incorporated Of The Salem High School Alumni As 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 $138K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Scholarship Committee Incorporated Of The Salem High School Alumni As
Is Scholarship Committee Incorporated Of The Salem High School Alumni As a legitimate charity?
Based on AI analysis of IRS 990 filings, Scholarship Committee Incorporated Of The Salem High School Alumni As (EIN: 346519955) insufficient data. 0 red flags identified, 0 strengths noted.
How does Scholarship Committee Incorporated Of The Salem High School Alumni As spend its money?
Detailed spending breakdown data is not yet available for Scholarship Committee Incorporated Of The Salem High School Alumni As. Check back for updated IRS 990 analysis.
Are donations to Scholarship Committee Incorporated Of The Salem High School Alumni As tax-deductible?
Scholarship Committee Incorporated Of The Salem High School Alumni As is registered as a tax-exempt nonprofit (EIN: 346519955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scholarship Committee Incorporated Of The Salem High School Alumni As located?
Scholarship Committee Incorporated Of The Salem High School Alumni As is headquartered in Salem, Ohio and files with the IRS under EIN 346519955. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Scholarship Committee Incorporated Of The Salem High School Alumni As have?
Scholarship Committee Incorporated Of The Salem High School Alumni As has 14 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 $980K in total revenue.
Filing History
IRS 990 filing history for Scholarship Committee Incorporated Of The Salem High School Alumni As showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Scholarship Committee Incorporated Of The Salem High School Alumni As's revenue has grown by 35%, moving from $333K to $449K. Total assets increased by 65% over the same period, from $7.2M to $12.0M. Total functional expenses rose by 105.1%, from $287K to $588K. In its most recent filing year (2023), Scholarship Committee Incorporated Of The Salem High School Alumni As reported a deficit of $138K, with expenses exceeding revenue. The organization holds $2K in liabilities against $12.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $449K | $588K | $12.0M | $2K | — | — |
| 2022 | $827K | $745K | $11.8M | $2K | — | View 990 |
| 2021 | $847K | $555K | $13.7M | $2K | — | View 990 |
| 2020 | $631K | $479K | $11.9M | $2K | — | View 990 |
| 2019 | $837K | $519K | $11.7M | $3K | — | View 990 |
| 2018 | $1.1M | $492K | $10.1M | $2K | — | View 990 |
| 2017 | $573K | $488K | $10.8M | $1K | — | View 990 |
| 2016 | $382K | $489K | $9.8M | $265 | — | View 990 |
| 2015 | $358K | $461K | $9.2M | $930 | — | View 990 |
| 2014 | $490K | $383K | $9.8M | $949 | — | View 990 |
| 2013 | $395K | $364K | $9.7M | $1K | — | View 990 |
| 2012 | $371K | $372K | $7.4M | $819 | — | View 990 |
| 2011 | $518K | $354K | $7.4M | $745 | — | View 990 |
| 2010 | $333K | $287K | $7.2M | $427 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $449K, expenses of $588K, and assets of $12.0M (revenue -45.7% year-over-year).
- 2022: Revenue of $827K, expenses of $745K, and assets of $11.8M (revenue -2.4% year-over-year).
- 2021: Revenue of $847K, expenses of $555K, and assets of $13.7M (revenue +34.2% year-over-year).
- 2020: Revenue of $631K, expenses of $479K, and assets of $11.9M (revenue -24.7% year-over-year).
- 2019: Revenue of $837K, expenses of $519K, and assets of $11.7M (revenue -20.6% year-over-year).
- 2018: Revenue of $1.1M, expenses of $492K, and assets of $10.1M (revenue +84.0% year-over-year).
- 2017: Revenue of $573K, expenses of $488K, and assets of $10.8M (revenue +50.1% year-over-year).
- 2016: Revenue of $382K, expenses of $489K, and assets of $9.8M (revenue +6.7% year-over-year).
- 2015: Revenue of $358K, expenses of $461K, and assets of $9.2M (revenue -27.0% year-over-year).
- 2014: Revenue of $490K, expenses of $383K, and assets of $9.8M (revenue +24.0% year-over-year).
- 2013: Revenue of $395K, expenses of $364K, and assets of $9.7M (revenue +6.5% year-over-year).
- 2012: Revenue of $371K, expenses of $372K, and assets of $7.4M (revenue -28.3% year-over-year).
- 2011: Revenue of $518K, expenses of $354K, and assets of $7.4M (revenue +55.7% year-over-year).
- 2010: Revenue of $333K, expenses of $287K, and assets of $7.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scholarship Committee Incorporated Of The Salem High School Alumni As:
Data Sources and Methodology
This transparency report for Scholarship Committee Incorporated Of The Salem High School Alumni As 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.