The Lowe Family Young Scholars Program Inc
The Lowe Family Young Scholars Program Inc consistently grows assets with minimal liabilities and no reported officer compensation.
EIN: 208786692 · Bartlesville, OK · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $178K |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 88/100 |
Is The Lowe Family Young Scholars Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Lowe Family Young Scholars Program Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Lowe Family Young Scholars Program Inc
The Lowe Family Young Scholars Program Inc (EIN: 208786692) is a nonprofit organization based in Bartlesville, OK, classified under NTEE code O50. The organization reported total revenue of $1.7M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Lowe Family Young Scholars Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Lowe Family Young Scholars Program Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $176K |
| Total Expenses | $178K |
| Surplus / Deficit | $-1,621 |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | -0.9% |
| Months of Reserves | 82.6 months |
Financial Health Grade: B
In 2023, The Lowe Family Young Scholars Program Inc reported a deficit of $2K with expenses exceeding revenue, holds 82.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Lowe Family Young Scholars Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.7% | +33.6% | -1.4% |
| 2022 | +151.8% | +23.3% | +46.8% |
| 2021 | -16.5% | -38.6% | +13.4% |
| 2020 | -47.5% | +67.8% | +14.9% |
| 2019 | +191.1% | +24.4% | +128.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Lowe Family Young Scholars Program Inc with a Mission Score of 88 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 Lowe Family Young Scholars Program Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is a positive indicator for minimizing administrative overhead.
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 Lowe Family Young Scholars Program Inc's IRS 990 filings:
- Minor deficit in the latest filing period (202312) where expenses ($177,613) slightly exceeded revenue ($175,992).
Strengths
The following positive indicators were identified for The Lowe Family Young Scholars Program Inc:
- Consistent asset growth, from $104,656 in 201412 to $1,222,800 in 202312.
- Extremely low or zero liabilities across all filing periods, indicating strong financial management.
- 0% reported officer compensation, suggesting efficient use of funds for programs.
- Strong revenue generation in several periods, such as $528,120 in 202212, allowing for asset accumulation.
- Positive net asset position maintained over the long term.
Frequently Asked Questions about The Lowe Family Young Scholars Program Inc
Is The Lowe Family Young Scholars Program Inc a legitimate charity?
The Lowe Family Young Scholars Program Inc (EIN: 208786692) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does The Lowe Family Young Scholars Program Inc spend its money?
The Lowe Family Young Scholars Program Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Lowe Family Young Scholars Program Inc tax-deductible?
The Lowe Family Young Scholars Program Inc is registered as a tax-exempt nonprofit (EIN: 208786692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Lowe Family Young Scholars Program Inc's spending goes to programs?
The Lowe Family Young Scholars Program Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Lowe Family Young Scholars Program Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), The Lowe Family Young Scholars Program Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Lowe Family Young Scholars Program Inc located?
The Lowe Family Young Scholars Program Inc is headquartered in Bartlesville, Oklahoma and files with the IRS under EIN 208786692. It is classified under NTEE code O50.
How many years of IRS 990 filings does The Lowe Family Young Scholars Program Inc have?
The Lowe Family Young Scholars Program Inc 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 $1.7M in total revenue.
Is The Lowe Family Young Scholars Program Inc a good charity?
Based on the financial data, the organization appears to be a good charity. It consistently grows its assets, maintains very low liabilities, and reports no officer compensation, indicating efficient use of funds and strong financial stewardship.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets growing from $104,656 in 201412 to $1,222,800 in 202312. Revenue has fluctuated but generally trended upwards, and liabilities have remained consistently low or zero.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a commitment to minimizing administrative costs by relying on volunteer leadership or compensating executives below IRS reporting thresholds.
Does the organization have significant debt?
No, the organization consistently reports very low or zero liabilities across all filing periods, indicating a strong financial position with minimal debt burden.
Filing History
IRS 990 filing history for The Lowe Family Young Scholars Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Lowe Family Young Scholars Program Inc's revenue has grown by 1326.7%, moving from $12K to $176K. Total assets increased by 2653.2% over the same period, from $44K to $1.2M. Total functional expenses rose by 942.7%, from $17K to $178K. In its most recent filing year (2023), The Lowe Family Young Scholars Program Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $176K | $178K | $1.2M | $0 | — | View 990 |
| 2022 | $528K | $133K | $1.2M | $772 | — | View 990 |
| 2021 | $210K | $108K | $845K | $635 | — | View 990 |
| 2020 | $251K | $176K | $745K | $3K | — | — |
| 2019 | $478K | $105K | $649K | $593 | — | View 990 |
| 2018 | $164K | $84K | $284K | $0 | — | View 990 |
| 2017 | $115K | $79K | $203K | $0 | — | View 990 |
| 2016 | $115K | $80K | $167K | $0 | — | View 990 |
| 2015 | $106K | $79K | $132K | $0 | — | View 990 |
| 2014 | $76K | $59K | $105K | $0 | — | View 990 |
| 2013 | $60K | $37K | $87K | $0 | — | View 990 |
| 2012 | $43K | $23K | $65K | $0 | — | View 990 |
| 2011 | $12K | $17K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $176K, expenses of $178K, and assets of $1.2M (revenue -66.7% year-over-year).
- 2022: Revenue of $528K, expenses of $133K, and assets of $1.2M (revenue +151.8% year-over-year).
- 2021: Revenue of $210K, expenses of $108K, and assets of $845K (revenue -16.5% year-over-year).
- 2020: Revenue of $251K, expenses of $176K, and assets of $745K (revenue -47.5% year-over-year).
- 2019: Revenue of $478K, expenses of $105K, and assets of $649K (revenue +191.1% year-over-year).
- 2018: Revenue of $164K, expenses of $84K, and assets of $284K (revenue +43.1% year-over-year).
- 2017: Revenue of $115K, expenses of $79K, and assets of $203K (revenue -0.2% year-over-year).
- 2016: Revenue of $115K, expenses of $80K, and assets of $167K (revenue +8.3% year-over-year).
- 2015: Revenue of $106K, expenses of $79K, and assets of $132K (revenue +39.7% year-over-year).
- 2014: Revenue of $76K, expenses of $59K, and assets of $105K (revenue +26.8% year-over-year).
- 2013: Revenue of $60K, expenses of $37K, and assets of $87K (revenue +38.7% year-over-year).
- 2012: Revenue of $43K, expenses of $23K, and assets of $65K (revenue +250.5% year-over-year).
- 2011: Revenue of $12K, expenses of $17K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Lowe Family Young Scholars Program Inc:
Data Sources and Methodology
This transparency report for The Lowe Family Young Scholars Program 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.