Scudder Association Inc
Scudder Association Inc. shows fluctuating revenues and recent operating deficits, but maintains substantial assets and no reported officer compensation.
EIN: 135647705 · Wilmington, DE · Updated: 2026-03-28
Is Scudder Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scudder Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scudder Association Inc
Scudder Association Inc (EIN: 135647705) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $982K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scudder Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scudder Association Inc is a small nonprofit that has been operating for 80 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $257K |
| Surplus / Deficit | $-43,460 |
| Total Assets | $4.4M |
| Total Liabilities | $1 |
| Net Assets | $4.4M |
| Operating Margin | -20.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 204.6 months |
Financial Health Grade: B
In 2023, Scudder Association Inc reported a deficit of $43K with expenses exceeding revenue, holds 204.6 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), Scudder Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -120.5% | -11.7% | -16.2% |
| 2021 | +150.3% | +45.2% | +15.2% |
| 2020 | -9.6% | +2.9% | +5.0% |
| 2019 | -89.5% | -3.5% | +26.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Scudder Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Scudder Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, suggesting a volunteer-led executive team or that compensation is categorized differently, which enhances the perception of efficiency but could obscure full leadership costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Scudder Association Inc's IRS 990 filings:
- Negative revenue reported in 2022 ($ -106,558)
- Expenses exceeding revenue in recent years (e.g., 2023, 2022)
- Consistent reporting of $1 in liabilities, which is atypical
Strengths
The following positive indicators were identified for Scudder Association Inc:
- Substantial asset base, consistently above $4 million in recent years ($4,381,157 in 2023)
- No reported officer compensation, indicating potential volunteer leadership or highly efficient executive cost management
- Long filing history (10 filings) demonstrating sustained operation
Frequently Asked Questions about Scudder Association Inc
Is Scudder Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Scudder Association Inc (EIN: 135647705) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Scudder Association Inc spend its money?
Scudder Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Scudder Association Inc tax-deductible?
Scudder Association Inc is registered as a tax-exempt nonprofit (EIN: 135647705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Scudder Association Inc. report negative revenue in 2022?
The filing for 202212 shows a revenue of $-106,558. This could be due to significant investment losses, a return of grants, or an accounting adjustment, and warrants further investigation.
How does Scudder Association Inc. cover its expenses when revenue is less than expenses?
In 2023, expenses ($256,998) exceeded revenue ($213,538), and similar situations occurred in 2022 and 2020. The organization likely draws from its substantial asset base, which was $4,381,157 in 2023, or relies on investment income not fully captured in the 'revenue' line item.
What is the nature of the 'Liabilities=$1' reported consistently across all filings?
The consistent reporting of $1 in liabilities across all ten filings is unusual and suggests either a negligible debt burden or a simplified reporting practice that may not fully capture all financial obligations, if any exist.
Filing History
IRS 990 filing history for Scudder Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Scudder Association Inc's revenue has grown by 182.3%, moving from $76K to $214K. Total assets increased by 157.9% over the same period, from $1.7M to $4.4M. Total functional expenses rose by 133.7%, from $110K to $257K. In its most recent filing year (2023), Scudder Association Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $257K | $4.4M | $1 | — | — |
| 2022 | $-106,558 | $280K | $5.1M | $1 | — | View 990 |
| 2021 | $520K | $317K | $6.0M | $1 | — | View 990 |
| 2020 | $208K | $218K | $5.2M | $1 | — | View 990 |
| 2019 | $230K | $212K | $5.0M | $1 | — | — |
| 2015 | $2.2M | $220K | $3.9M | $1 | — | View 990 |
| 2014 | $440K | $267K | $2.4M | $1 | — | View 990 |
| 2013 | $217K | $136K | $2.7M | $1 | — | View 990 |
| 2012 | $157K | $116K | $2.0M | $1 | — | View 990 |
| 2011 | $76K | $110K | $1.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $257K, and assets of $4.4M.
- 2022: Revenue of $-106,558, expenses of $280K, and assets of $5.1M (revenue -120.5% year-over-year).
- 2021: Revenue of $520K, expenses of $317K, and assets of $6.0M (revenue +150.3% year-over-year).
- 2020: Revenue of $208K, expenses of $218K, and assets of $5.2M (revenue -9.6% year-over-year).
- 2019: Revenue of $230K, expenses of $212K, and assets of $5.0M (revenue -89.5% year-over-year).
- 2015: Revenue of $2.2M, expenses of $220K, and assets of $3.9M (revenue +396.3% year-over-year).
- 2014: Revenue of $440K, expenses of $267K, and assets of $2.4M (revenue +102.4% year-over-year).
- 2013: Revenue of $217K, expenses of $136K, and assets of $2.7M (revenue +38.2% year-over-year).
- 2012: Revenue of $157K, expenses of $116K, and assets of $2.0M (revenue +107.8% year-over-year).
- 2011: Revenue of $76K, expenses of $110K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scudder Association Inc:
Data Sources and Methodology
This transparency report for Scudder Association Inc 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.