Scott Mcgilvray Childrens Fund
Scott Mcgilvray Childrens Fund maintains strong asset growth and zero liabilities with no reported officer compensation.
EIN: 20489703 · Concord, NH · NTEE: B80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $15K |
| Program Spending | 95% |
| Net Assets | $100K |
| Transparency Score | 90/100 |
Is Scott Mcgilvray Childrens Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scott Mcgilvray Childrens Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scott Mcgilvray Childrens Fund
Scott Mcgilvray Childrens Fund (EIN: 20489703) is a nonprofit organization based in Concord, NH, classified under NTEE code B80. The organization reported total revenue of $8K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scott Mcgilvray Childrens Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scott Mcgilvray Childrens Fund is a micro nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $15K |
| Surplus / Deficit | +$3K |
| Total Assets | $100K |
| Net Assets | $100K |
| Operating Margin | 17.7% |
| Months of Reserves | 78.8 months |
Financial Health Grade: A
In 2023, Scott Mcgilvray Childrens Fund reported a surplus of $3K with revenue exceeding expenses, holds 78.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Scott Mcgilvray Childrens Fund's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +76.5% | +63.9% | +3.4% |
| 2022 | -33.3% | -34.2% | +1.3% |
| 2021 | +29.8% | -7.4% | +1.7% |
| 2020 | -55.0% | -4.9% | -3.2% |
| 2019 | +25.4% | -2.8% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Scott Mcgilvray Childrens Fund with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Scott Mcgilvray Childrens Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that leadership is either uncompensated or compensated through non-officer means, which is highly favorable for directing funds to the mission.
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 Scott Mcgilvray Childrens Fund's IRS 990 filings:
- Latest revenue ($7,984) is significantly lower than recent years, potentially impacting future program capacity if not an anomaly.
Strengths
The following positive indicators were identified for Scott Mcgilvray Childrens Fund:
- Consistent 0% officer compensation across all filings, maximizing funds for mission.
- Zero liabilities reported in all available filings, indicating strong financial health.
- Steady growth in assets from $35,187 in 2014 to $99,594 in 2023, demonstrating effective financial management.
- Consistent filing of IRS Form 990s over 13 periods, showing strong transparency.
- Expenses generally kept well below revenue, contributing to asset growth.
Frequently Asked Questions about Scott Mcgilvray Childrens Fund
Is Scott Mcgilvray Childrens Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Scott Mcgilvray Childrens Fund (EIN: 20489703) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Scott Mcgilvray Childrens Fund spend its money?
Scott Mcgilvray Childrens Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Scott Mcgilvray Childrens Fund tax-deductible?
Scott Mcgilvray Childrens Fund is registered as a tax-exempt nonprofit (EIN: 20489703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Scott Mcgilvray Childrens Fund compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Scott Mcgilvray Childrens Fund is above average for NTEE category B80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Scott Mcgilvray Childrens Fund located?
Scott Mcgilvray Childrens Fund is headquartered in Concord, New Hampshire and files with the IRS under EIN 20489703. It is classified under NTEE code B80.
How many years of IRS 990 filings does Scott Mcgilvray Childrens Fund have?
Scott Mcgilvray Childrens 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 $8K in total revenue.
Is Scott Mcgilvray Childrens Fund a good charity?
Based on the provided financial data, the Scott Mcgilvray Childrens Fund appears to be a very good charity. It consistently reports 0% officer compensation, maintains zero liabilities, and has shown steady asset growth from $35,187 in 2014 to $99,594 in 2023, indicating strong financial health and efficient use of funds.
How does the organization manage its finances?
The organization manages its finances very conservatively and efficiently. It consistently operates with zero liabilities and has grown its assets significantly over the past decade, from $35,187 in 2014 to $99,594 in 2023, demonstrating sound financial stewardship.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated over the years, with a high of $32,440 in 2017 and a low of $7,984 in the latest period. Expenses have remained relatively stable, generally ranging between $9,251 and $16,415, except for a higher expense of $42,935 in 2014. Despite fluctuations, the organization has consistently maintained positive net assets.
Filing History
IRS 990 filing history for Scott Mcgilvray Childrens Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Scott Mcgilvray Childrens Fund's revenue has declined by 23.1%, moving from $24K to $18K. Total assets increased by 7.9% over the same period, from $92K to $100K. Total functional expenses fell by 54%, from $33K to $15K. In its most recent filing year (2023), Scott Mcgilvray Childrens Fund reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $15K | $100K | $0 | — | View 990 |
| 2022 | $10K | $9K | $96K | $0 | — | — |
| 2021 | $16K | $14K | $95K | $0 | — | — |
| 2020 | $12K | $15K | $93K | $0 | — | — |
| 2019 | $27K | $16K | $97K | $0 | — | View 990 |
| 2018 | $21K | $16K | $86K | $0 | — | View 990 |
| 2017 | $32K | $16K | $81K | $0 | — | View 990 |
| 2016 | $28K | $15K | $64K | $0 | — | View 990 |
| 2015 | $29K | $14K | $51K | $0 | — | View 990 |
| 2014 | $25K | $43K | $35K | $0 | — | View 990 |
| 2013 | $28K | $53K | $53K | $0 | — | View 990 |
| 2012 | $25K | $40K | $78K | $0 | — | View 990 |
| 2011 | $24K | $33K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $15K, and assets of $100K (revenue +76.5% year-over-year).
- 2022: Revenue of $10K, expenses of $9K, and assets of $96K (revenue -33.3% year-over-year).
- 2021: Revenue of $16K, expenses of $14K, and assets of $95K (revenue +29.8% year-over-year).
- 2020: Revenue of $12K, expenses of $15K, and assets of $93K (revenue -55.0% year-over-year).
- 2019: Revenue of $27K, expenses of $16K, and assets of $97K (revenue +25.4% year-over-year).
- 2018: Revenue of $21K, expenses of $16K, and assets of $86K (revenue -34.0% year-over-year).
- 2017: Revenue of $32K, expenses of $16K, and assets of $81K (revenue +14.6% year-over-year).
- 2016: Revenue of $28K, expenses of $15K, and assets of $64K (revenue -2.2% year-over-year).
- 2015: Revenue of $29K, expenses of $14K, and assets of $51K (revenue +16.5% year-over-year).
- 2014: Revenue of $25K, expenses of $43K, and assets of $35K (revenue -11.2% year-over-year).
- 2013: Revenue of $28K, expenses of $53K, and assets of $53K (revenue +10.2% year-over-year).
- 2012: Revenue of $25K, expenses of $40K, and assets of $78K (revenue +6.0% year-over-year).
- 2011: Revenue of $24K, expenses of $33K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scott Mcgilvray Childrens Fund:
Data Sources and Methodology
This transparency report for Scott Mcgilvray Childrens 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.