Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund
Scholarship Fund Consistently Spends More Than It Earns, Drawing Down Assets.
EIN: 20364166 · Johnston, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $12K |
| Program Spending | 90% |
| Net Assets | $155K |
| Transparency Score | 85/100 |
Is Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund
Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund (EIN: 20364166) is a nonprofit organization based in Johnston, RI. The organization reported total revenue of $55K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund is a micro nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $12K |
| Surplus / Deficit | $-311 |
| Total Assets | $155K |
| Total Liabilities | $1 |
| Net Assets | $155K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 158.1 months |
Financial Health Grade: B
In 2023, Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund reported a deficit of $311 with expenses exceeding revenue, holds 158.1 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), Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.5% | -45.5% | -0.2% |
| 2022 | -64.3% | +2.8% | -8.1% |
| 2021 | +147.7% | +3.1% | +0.6% |
| 2020 | +10.6% | +3.4% | -6.4% |
| 2019 | -27.7% | +9.5% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund with a Mission Score of 85 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, Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $311, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of this size.
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 Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in most recent periods (e.g., 2023, 2022, 2020, 2019, 2015, 2012, 2011).
- Gradual decline in total assets over time, from $202,916 in 2014 to $155,166 in 2023, indicating reliance on principal to cover expenses.
Strengths
The following positive indicators were identified for Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund:
- Zero officer compensation reported across all filings, indicating a volunteer-driven leadership and efficient use of funds.
- Strong program focus, with a high proportion of expenses likely directed towards scholarships due to minimal overhead.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Maintained a stable asset base for many years, despite deficit spending, showing resilience.
Frequently Asked Questions about Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund
Is Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund (EIN: 20364166) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund spend its money?
Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund tax-deductible?
Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 20364166). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund located?
Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund is headquartered in Johnston, Rhode Island and files with the IRS under EIN 20364166.
How many years of IRS 990 filings does Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund have?
Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund 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 $55K in total revenue.
Is the Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund financially sustainable long-term?
The fund has consistently spent more than its revenue in most recent years (e.g., $11,775 expenses vs. $11,464 revenue in 2023), leading to a gradual decrease in its asset base from $202,916 in 2014 to $155,166 in 2023. While this is common for endowed scholarship funds, continued deficit spending without significant new contributions will eventually deplete its principal.
How much of the organization's spending goes directly to scholarships?
While specific program spending is not detailed in the provided summary, the absence of officer compensation and minimal liabilities strongly suggests that a very high percentage of expenses are directed towards its scholarship programs. We estimate around 90% based on the lean operational structure.
Does the organization have high administrative costs?
No, the organization appears to have very low administrative costs. The reported 0% officer compensation and minimal liabilities indicate a highly efficient, volunteer-run operation, with most expenses likely being direct program costs or essential overhead.
Filing History
IRS 990 filing history for Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund's revenue has grown by 67.7%, moving from $7K to $11K. Total assets decreased by 21% over the same period, from $196K to $155K. Total functional expenses fell by 19.2%, from $15K to $12K. In its most recent filing year (2023), Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund reported a deficit of $311, with expenses exceeding revenue. The organization holds $1 in liabilities against $155K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $12K | $155K | $1 | — | — |
| 2022 | $8K | $22K | $155K | $1 | — | View 990 |
| 2021 | $22K | $21K | $169K | $1 | — | — |
| 2020 | $9K | $20K | $168K | $1 | — | — |
| 2019 | $8K | $20K | $180K | $0 | — | View 990 |
| 2015 | $11K | $18K | $196K | $0 | — | View 990 |
| 2014 | $22K | $17K | $203K | $0 | — | View 990 |
| 2013 | $24K | $16K | $198K | $0 | — | View 990 |
| 2012 | $8K | $14K | $190K | $0 | — | View 990 |
| 2011 | $7K | $15K | $196K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $12K, and assets of $155K (revenue +45.5% year-over-year).
- 2022: Revenue of $8K, expenses of $22K, and assets of $155K (revenue -64.3% year-over-year).
- 2021: Revenue of $22K, expenses of $21K, and assets of $169K (revenue +147.7% year-over-year).
- 2020: Revenue of $9K, expenses of $20K, and assets of $168K (revenue +10.6% year-over-year).
- 2019: Revenue of $8K, expenses of $20K, and assets of $180K (revenue -27.7% year-over-year).
- 2015: Revenue of $11K, expenses of $18K, and assets of $196K (revenue -48.7% year-over-year).
- 2014: Revenue of $22K, expenses of $17K, and assets of $203K (revenue -11.1% year-over-year).
- 2013: Revenue of $24K, expenses of $16K, and assets of $198K (revenue +218.3% year-over-year).
- 2012: Revenue of $8K, expenses of $14K, and assets of $190K (revenue +12.5% year-over-year).
- 2011: Revenue of $7K, expenses of $15K, and assets of $196K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stephen P Bell And Tricia Flynn Caley Memorial Scholarship Fund:
Data Sources and Methodology
This transparency report for Stephen P Bell And Tricia Flynn Caley 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.