The Young Scholars Institute Inc
The Young Scholars Institute Inc: Consistent Program Spending, Modest Reserves
EIN: 223051022 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $982K |
| Total Expenses | $957K |
| Program Spending | 75% |
| Net Assets | $406K |
| Transparency Score | 75/100 |
Is The Young Scholars Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Young Scholars Institute Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Young Scholars Institute Inc
The Young Scholars Institute Inc (EIN: 223051022) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $982K and total assets of $430K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Young Scholars Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Young Scholars Institute Inc is a small nonprofit that has been operating for 6 years, with 12 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $982K |
| Total Expenses | $957K |
| Surplus / Deficit | +$24K |
| Total Assets | $430K |
| Total Liabilities | $25K |
| Net Assets | $406K |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2022, The Young Scholars Institute Inc reported a surplus of $24K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 12 years of filings (2010–2022), The Young Scholars Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -13.0% | +4.1% | +6.0% |
| 2021 | +29.1% | -12.9% | +40.5% |
| 2020 | -21.1% | +7.0% | -24.5% |
| 2019 | +15.1% | -4.5% | +4.3% |
| 2018 | +13.3% | +27.5% | -14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Young Scholars Institute 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: 75%
- fundraising: 10%
According to IRS 990 filings, The Young Scholars Institute Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific figures, as the provided data does not include this detail.
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 Young Scholars Institute Inc's IRS 990 filings:
- Net assets have shown some fluctuation, with a notable decrease from $589,160 in 2014 to $430,202 in 2022, indicating a potential long-term decline in financial reserves.
- The organization has reported losses in several years (e.g., 2020, 2018, 2015, 2014), suggesting periods where expenses exceeded revenue.
Strengths
The following positive indicators were identified for The Young Scholars Institute Inc:
- Consistently operating for over a decade with available financial records.
- Revenue has generally remained stable, hovering around $900,000 - $1.1 million annually over the past several years.
Frequently Asked Questions about The Young Scholars Institute Inc
Is The Young Scholars Institute Inc a legitimate charity?
The Young Scholars Institute Inc (EIN: 223051022) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $982K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does The Young Scholars Institute Inc spend its money?
The Young Scholars Institute Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Young Scholars Institute Inc tax-deductible?
The Young Scholars Institute Inc is registered as a tax-exempt nonprofit (EIN: 223051022). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Young Scholars Institute Inc's spending goes to programs?
The Young Scholars Institute Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Young Scholars Institute Inc located?
The Young Scholars Institute Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 223051022.
How many years of IRS 990 filings does The Young Scholars Institute Inc have?
The Young Scholars Institute Inc has 12 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 $982K in total revenue.
What does The Young Scholars Institute Inc do?
The Young Scholars Institute Inc is a nonprofit organization in the Unknown sector, located in Trenton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The Young Scholars Institute Inc have?
The Young Scholars Institute Inc reported total revenue of $981,789. Based on 12 IRS 990 filings on record.
What are The Young Scholars Institute Inc's total assets?
The Young Scholars Institute Inc holds total assets of $430,202 as reported in IRS 990 filings.
Where is The Young Scholars Institute Inc located?
The Young Scholars Institute Inc is based in Trenton, New Jersey.
What is The Young Scholars Institute Inc's EIN?
The Young Scholars Institute Inc's Employer Identification Number (EIN) is 223051022. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Young Scholars Institute Inc?
The Young Scholars Institute Inc is classified under NTEE code Unknown (Unknown).
Is The Young Scholars Institute Inc a registered 501(c)(3)?
The Young Scholars Institute Inc appears in IRS records (EIN: 223051022). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Young Scholars Institute Inc file IRS Form 990?
Yes, The Young Scholars Institute Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was The Young Scholars Institute Inc's revenue in 2022?
In the 202212 filing period, The Young Scholars Institute Inc reported total revenue of $981,789, total expenses of $957,492, and net assets of $430,202.
Is The Young Scholars Institute Inc's revenue growing or declining?
The Young Scholars Institute Inc's revenue is declining. Revenue went from $1,128,947 (202112) to $981,789 (202212), a -13.0% change. Based on 12 filings on record.
What is The Young Scholars Institute Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Young Scholars Institute Inc covers tax period 202212. It shows revenue of $981,789, expenses of $957,492, total assets of $430,202, and liabilities of $24,513.
How much does The Young Scholars Institute Inc spend on programs vs administration?
Based on IRS 990 analysis, The Young Scholars Institute Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The Young Scholars Institute Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Young Scholars Institute Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for The Young Scholars Institute Inc?
The following concerns were identified: Net assets have shown some fluctuation, with a notable decrease from $589,160 in 2014 to $430,202 in 2022, indicating a potential long-term decline in financial reserves.. The organization has reported losses in several years (e.g., 2020, 2018, 2015, 2014), suggesting periods where expenses exceeded revenue.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Young Scholars Institute Inc's strengths?
Positive indicators for The Young Scholars Institute Inc include: Consistently operating for over a decade with available financial records.. Revenue has generally remained stable, hovering around $900,000 - $1.1 million annually over the past several years.. These findings are derived from AI analysis of the organization's financial filings.
How does The Young Scholars Institute Inc compensate executives?
Executive compensation cannot be assessed without specific figures, as the provided data does not include this detail. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and expense levels, what strategies are in place to address the fluctuating net assets and occasional operating losses?
Without further operational details, it's unclear if these fluctuations are due to strategic investments, one-time expenses, or ongoing operational challenges. A deeper dive into their financial management practices would be necessary.
Filing History
IRS 990 filing history for The Young Scholars Institute Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2022), The Young Scholars Institute Inc's revenue has grown by 94.3%, moving from $505K to $982K. Total assets decreased by 53.9% over the same period, from $934K to $430K. Total functional expenses rose by 20.2%, from $796K to $957K. In its most recent filing year (2022), The Young Scholars Institute Inc reported a surplus of $24K, with revenue exceeding expenses. The organization holds $25K in liabilities against $430K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $406K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $982K | $957K | $430K | $25K | — | — |
| 2021 | $1.1M | $920K | $406K | $25K | — | — |
| 2020 | $874K | $1.1M | $289K | $116K | — | View 990 |
| 2019 | $1.1M | $988K | $382K | $28K | — | — |
| 2018 | $963K | $1.0M | $367K | $132K | — | — |
| 2017 | $850K | $811K | $431K | $124K | — | View 990 |
| 2015 | $950K | $983K | $544K | $114K | — | View 990 |
| 2014 | $966K | $1.0M | $589K | $125K | — | View 990 |
| 2013 | $998K | $1.1M | $644K | $117K | — | View 990 |
| 2012 | $907K | $1.0M | $734K | $107K | — | View 990 |
| 2011 | $522K | $666K | $872K | $139K | — | View 990 |
| 2010 | $505K | $796K | $934K | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $982K, expenses of $957K, and assets of $430K (revenue -13.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $920K, and assets of $406K (revenue +29.1% year-over-year).
- 2020: Revenue of $874K, expenses of $1.1M, and assets of $289K (revenue -21.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $988K, and assets of $382K (revenue +15.1% year-over-year).
- 2018: Revenue of $963K, expenses of $1.0M, and assets of $367K (revenue +13.3% year-over-year).
- 2017: Revenue of $850K, expenses of $811K, and assets of $431K (revenue -10.5% year-over-year).
- 2015: Revenue of $950K, expenses of $983K, and assets of $544K (revenue -1.7% year-over-year).
- 2014: Revenue of $966K, expenses of $1.0M, and assets of $589K (revenue -3.2% year-over-year).
- 2013: Revenue of $998K, expenses of $1.1M, and assets of $644K (revenue +10.0% year-over-year).
- 2012: Revenue of $907K, expenses of $1.0M, and assets of $734K (revenue +73.8% year-over-year).
- 2011: Revenue of $522K, expenses of $666K, and assets of $872K (revenue +3.3% year-over-year).
- 2010: Revenue of $505K, expenses of $796K, and assets of $934K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Young Scholars Institute Inc:
Data Sources and Methodology
This transparency report for The Young Scholars Institute 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.