Steven P Follett Jr Scholarship Fund
Steven P Follett Jr Scholarship Fund reports no revenue or assets in its latest filing.
EIN: 161658482 · Wakefield, RI · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 20/100 |
Is Steven P Follett Jr Scholarship Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Steven P Follett Jr Scholarship Fund
Steven P Follett Jr Scholarship Fund (EIN: 161658482) is a nonprofit organization based in Wakefield, RI, classified under NTEE code B82. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steven P Follett Jr Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Steven P Follett Jr Scholarship Fund with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Steven P Follett Jr Scholarship Fund allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation data is available as the organization reports $0 in revenue and assets, suggesting no financial activity to support salaries.
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 Steven P Follett Jr Scholarship Fund's IRS 990 filings:
- Zero revenue reported
- Zero assets reported
- Lack of financial activity makes assessment of operations impossible
Strengths
The following positive indicators were identified for Steven P Follett Jr Scholarship Fund:
- No reported liabilities (implied by zero assets and revenue)
Frequently Asked Questions about Steven P Follett Jr Scholarship Fund
Is Steven P Follett Jr Scholarship Fund a legitimate charity?
Steven P Follett Jr Scholarship Fund (EIN: 161658482) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 20/100. 3 red flags identified. 1 strength noted. Financial health grade: D.
How does Steven P Follett Jr Scholarship Fund spend its money?
Steven P Follett Jr Scholarship Fund reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Steven P Follett Jr Scholarship Fund tax-deductible?
Steven P Follett Jr Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 161658482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Steven P Follett Jr Scholarship Fund CEO make?
Steven P Follett Jr Scholarship Fund's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Steven P Follett Jr Scholarship Fund compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Steven P Follett Jr Scholarship Fund is below average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Steven P Follett Jr Scholarship Fund located?
Steven P Follett Jr Scholarship Fund is headquartered in Wakefield, Rhode Island and files with the IRS under EIN 161658482. It is classified under NTEE code B82.
Is the Steven P Follett Jr Scholarship Fund currently active?
Based on the latest filing showing $0 in revenue and assets, the organization appears to be inactive or in a very early stage of development without significant financial operations.
How does the Steven P Follett Jr Scholarship Fund generate revenue?
The latest filing indicates $0 in revenue, so there is no information available on how the organization currently generates or plans to generate income.
Data Sources and Methodology
This transparency report for Steven P Follett Jr 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.