The Childrens Scholarship Fund
Childrens Scholarship Fund consistently grows assets and maintains strong revenue, with zero reported officer compensation.
EIN: 134002189 · New York, NY · NTEE: B820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $88.3M |
| Total Expenses | $24.6M |
| Program Spending | 85% |
| Net Assets | $40.3M |
| Transparency Score | 92/100 |
Is The Childrens Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Childrens Scholarship Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Childrens Scholarship Fund
The Childrens Scholarship Fund (EIN: 134002189) is a nonprofit organization based in New York, NY, classified under NTEE code B820. The organization reported total revenue of $88.3M and total assets of $64.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Childrens Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Childrens Scholarship Fund is a major nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.6M |
| Total Expenses | $24.6M |
| Surplus / Deficit | +$5.0M |
| Total Assets | $55.7M |
| Total Liabilities | $15.4M |
| Net Assets | $40.3M |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 27.7% |
| Months of Reserves | 27.2 months |
Financial Health Grade: A
In 2024, The Childrens Scholarship Fund reported a surplus of $5.0M with revenue exceeding expenses, holds 27.2 months of operating reserves (strong position), has a debt-to-asset ratio of 27.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Childrens Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.3% | +7.6% | +36.2% |
| 2023 | +1.2% | -1.9% | +13.2% |
| 2022 | -15.9% | -0.2% | +14.3% |
| 2021 | +6.4% | -4.7% | +24.0% |
| 2020 | +5.5% | +1.4% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 The Childrens Scholarship Fund with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Childrens Scholarship Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.7%.
Executive Compensation Analysis
The Childrens Scholarship Fund consistently reports 0% officer compensation across all available filings, indicating a highly transparent approach to executive pay and a strong commitment to directing funds towards its mission rather than high administrative 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 The Childrens Scholarship Fund's IRS 990 filings:
- Significant increase in liabilities in 2024 without immediate explanation in summary data.
- Consistent 0% officer compensation, while positive for transparency, is unusual for an organization of this scale and could imply alternative compensation structures not immediately apparent.
Strengths
The following positive indicators were identified for The Childrens Scholarship Fund:
- Consistent asset growth, from $13.4M in 2015 to $55.7M in 2024, indicating strong financial management.
- Revenue consistently exceeds expenses, demonstrating financial stability and sustainability.
- Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds to programs and high transparency in this area.
- Steady revenue generation over a decade, indicating robust fundraising and donor support.
Frequently Asked Questions about The Childrens Scholarship Fund
Is The Childrens Scholarship Fund a legitimate charity?
The Childrens Scholarship Fund (EIN: 134002189) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $88.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does The Childrens Scholarship Fund spend its money?
The Childrens Scholarship Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Childrens Scholarship Fund tax-deductible?
The Childrens Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 134002189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Childrens Scholarship Fund's spending goes to programs?
The Childrens Scholarship Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Childrens Scholarship Fund compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Childrens Scholarship Fund is above average for NTEE category B820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Childrens Scholarship Fund located?
The Childrens Scholarship Fund is headquartered in New York, New York and files with the IRS under EIN 134002189. It is classified under NTEE code B820.
How many years of IRS 990 filings does The Childrens Scholarship Fund have?
The Childrens Scholarship Fund has 14 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 $88.3M in total revenue.
What caused the significant increase in liabilities from $5,870,138 in 2023 to $15,407,829 in 2024?
The provided data does not specify the nature of this increase in liabilities. Further examination of the full IRS Form 990 for the 2024 period would be necessary to understand the specific reasons, such as new program commitments, capital expenditures, or deferred revenue.
How does the organization manage to report 0% officer compensation consistently?
Reporting 0% officer compensation suggests that either the officers are volunteers, their compensation is covered by another entity, or their roles are structured in a way that their pay is not categorized as 'officer compensation' on the 990 form. This practice is highly unusual for an organization of this size and warrants deeper inquiry into their operational structure.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these expense categories. A full IRS Form 990 would contain this information, which is crucial for a precise assessment of spending efficiency.
Filing History
IRS 990 filing history for The Childrens Scholarship Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Childrens Scholarship Fund's revenue has grown by 1.6%, moving from $29.1M to $29.6M. Total assets increased by 300.9% over the same period, from $13.9M to $55.7M. Total functional expenses fell by 8.4%, from $26.9M to $24.6M. In its most recent filing year (2024), The Childrens Scholarship Fund reported a surplus of $5.0M, with revenue exceeding expenses. The organization holds $15.4M in liabilities against $55.7M in assets (debt-to-asset ratio: 27.7%), resulting in net assets of $40.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $29.6M | $24.6M | $55.7M | $15.4M | — | View 990 |
| 2023 | $25.0M | $22.9M | $40.9M | $5.9M | — | View 990 |
| 2022 | $24.7M | $23.3M | $36.1M | $3.6M | — | View 990 |
| 2021 | $29.4M | $23.4M | $31.6M | $468K | — | View 990 |
| 2020 | $27.6M | $24.5M | $25.5M | $358K | — | View 990 |
| 2019 | $26.1M | $24.2M | $22.2M | $136K | — | View 990 |
| 2018 | $28.7M | $25.9M | $20.4M | $343K | — | View 990 |
| 2017 | $23.9M | $22.1M | $18.4M | $1.1M | — | View 990 |
| 2016 | $24.4M | $22.4M | $15.6M | $129K | — | View 990 |
| 2015 | $22.2M | $22.4M | $13.5M | $73K | — | View 990 |
| 2014 | $23.6M | $23.9M | $13.6M | $87K | — | View 990 |
| 2013 | $24.3M | $25.1M | $13.9M | $95K | — | View 990 |
| 2012 | $26.2M | $25.3M | $14.8M | $161K | — | View 990 |
| 2011 | $29.1M | $26.9M | $13.9M | $185K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $29.6M, expenses of $24.6M, and assets of $55.7M (revenue +18.3% year-over-year).
- 2023: Revenue of $25.0M, expenses of $22.9M, and assets of $40.9M (revenue +1.2% year-over-year).
- 2022: Revenue of $24.7M, expenses of $23.3M, and assets of $36.1M (revenue -15.9% year-over-year).
- 2021: Revenue of $29.4M, expenses of $23.4M, and assets of $31.6M (revenue +6.4% year-over-year).
- 2020: Revenue of $27.6M, expenses of $24.5M, and assets of $25.5M (revenue +5.5% year-over-year).
- 2019: Revenue of $26.1M, expenses of $24.2M, and assets of $22.2M (revenue -8.9% year-over-year).
- 2018: Revenue of $28.7M, expenses of $25.9M, and assets of $20.4M (revenue +20.0% year-over-year).
- 2017: Revenue of $23.9M, expenses of $22.1M, and assets of $18.4M (revenue -2.1% year-over-year).
- 2016: Revenue of $24.4M, expenses of $22.4M, and assets of $15.6M (revenue +10.0% year-over-year).
- 2015: Revenue of $22.2M, expenses of $22.4M, and assets of $13.5M (revenue -5.8% year-over-year).
- 2014: Revenue of $23.6M, expenses of $23.9M, and assets of $13.6M (revenue -2.9% year-over-year).
- 2013: Revenue of $24.3M, expenses of $25.1M, and assets of $13.9M (revenue -7.3% year-over-year).
- 2012: Revenue of $26.2M, expenses of $25.3M, and assets of $14.8M (revenue -9.9% year-over-year).
- 2011: Revenue of $29.1M, expenses of $26.9M, and assets of $13.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Childrens Scholarship Fund:
Data Sources and Methodology
This transparency report for The Childrens 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.