Scott C Ratterman Memorial Scholarship Fund
EIN: 581767578 · Cleveland, TN
| Metric | Value |
|---|---|
| Total Revenue | $299K |
| Total Expenses | $83K |
| Net Assets | $1.1M |
Is Scott C Ratterman Memorial 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 Scott C Ratterman Memorial Scholarship Fund
Scott C Ratterman Memorial Scholarship Fund (EIN: 581767578) is a nonprofit organization based in Cleveland, TN. The organization reported total revenue of $299K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scott C Ratterman Memorial Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scott C Ratterman Memorial Scholarship Fund is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -16.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $83K |
| Surplus / Deficit | $-74,716 |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -900.7% |
| Months of Reserves | 155.7 months |
Financial Health Grade: B
In 2023, Scott C Ratterman Memorial Scholarship Fund reported a deficit of $75K with expenses exceeding revenue, holds 155.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Scott C Ratterman Memorial Scholarship Fund's revenue has declined at a compound annual growth rate (CAGR) of -16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -93.2% | -0.5% | -5.5% |
| 2022 | -17.1% | +19.6% | -8.2% |
| 2021 | -5.5% | -6.6% | +16.3% |
| 2020 | +40.4% | +3.8% | +15.6% |
| 2019 | +19.6% | -1.2% | +20.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scott C Ratterman Memorial 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 Scott C Ratterman Memorial 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 deficit of $75K, with expenses exceeding revenue.
Frequently Asked Questions about Scott C Ratterman Memorial Scholarship Fund
Is Scott C Ratterman Memorial Scholarship Fund a legitimate charity?
Scott C Ratterman Memorial Scholarship Fund (EIN: 581767578) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $299K. No red flags identified. Financial health grade: B.
How does Scott C Ratterman Memorial Scholarship Fund spend its money?
Scott C Ratterman Memorial Scholarship Fund reported $299K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Scott C Ratterman Memorial Scholarship Fund tax-deductible?
Scott C Ratterman Memorial Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 581767578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scott C Ratterman Memorial Scholarship Fund located?
Scott C Ratterman Memorial Scholarship Fund is headquartered in Cleveland, Tennessee and files with the IRS under EIN 581767578.
How many years of IRS 990 filings does Scott C Ratterman Memorial Scholarship Fund have?
Scott C Ratterman Memorial Scholarship Fund has 13 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 $299K in total revenue.
Filing History
IRS 990 filing history for Scott C Ratterman Memorial Scholarship Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Scott C Ratterman Memorial Scholarship Fund's revenue has declined by 88.4%, moving from $72K to $8K. Total assets increased by 81.6% over the same period, from $593K to $1.1M. Total functional expenses rose by 39.1%, from $60K to $83K. In its most recent filing year (2023), Scott C Ratterman Memorial Scholarship Fund reported a deficit of $75K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $83K | $1.1M | $0 | — | View 990 |
| 2022 | $122K | $83K | $1.1M | $0 | — | — |
| 2021 | $148K | $70K | $1.2M | $0 | — | View 990 |
| 2020 | $156K | $75K | $1.1M | $0 | — | — |
| 2019 | $111K | $72K | $924K | $0 | — | View 990 |
| 2018 | $93K | $73K | $764K | $0 | — | View 990 |
| 2017 | $55K | $78K | $821K | $0 | — | View 990 |
| 2016 | $45K | $71K | $764K | $0 | — | View 990 |
| 2015 | $70K | $53K | $804K | $0 | — | View 990 |
| 2014 | $122K | $49K | $809K | $0 | — | View 990 |
| 2013 | $95K | $57K | $782K | $0 | — | View 990 |
| 2012 | $53K | $55K | $640K | $0 | — | View 990 |
| 2011 | $72K | $60K | $593K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $83K, and assets of $1.1M (revenue -93.2% year-over-year).
- 2022: Revenue of $122K, expenses of $83K, and assets of $1.1M (revenue -17.1% year-over-year).
- 2021: Revenue of $148K, expenses of $70K, and assets of $1.2M (revenue -5.5% year-over-year).
- 2020: Revenue of $156K, expenses of $75K, and assets of $1.1M (revenue +40.4% year-over-year).
- 2019: Revenue of $111K, expenses of $72K, and assets of $924K (revenue +19.6% year-over-year).
- 2018: Revenue of $93K, expenses of $73K, and assets of $764K (revenue +68.3% year-over-year).
- 2017: Revenue of $55K, expenses of $78K, and assets of $821K (revenue +23.5% year-over-year).
- 2016: Revenue of $45K, expenses of $71K, and assets of $764K (revenue -36.1% year-over-year).
- 2015: Revenue of $70K, expenses of $53K, and assets of $804K (revenue -42.4% year-over-year).
- 2014: Revenue of $122K, expenses of $49K, and assets of $809K (revenue +28.0% year-over-year).
- 2013: Revenue of $95K, expenses of $57K, and assets of $782K (revenue +79.2% year-over-year).
- 2012: Revenue of $53K, expenses of $55K, and assets of $640K (revenue -25.9% year-over-year).
- 2011: Revenue of $72K, expenses of $60K, and assets of $593K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scott C Ratterman Memorial Scholarship Fund:
Data Sources and Methodology
This transparency report for Scott C Ratterman Memorial 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.