Totman Wallace Scholarship Fund
Totman Wallace Scholarship Fund reports zero revenue and assets, indicating dormancy or recent inception.
EIN: 10441721 · Bath, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Search Intent Cockpit
Totman Wallace Scholarship Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals
Totman Wallace Scholarship Fund is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Totman Wallace Scholarship Fund in one place.
Form 990 Filing Summary
IRS filing history is being prepared for Totman Wallace Scholarship Fund.
Revenue and Expenses
Revenue, expense, and surplus data is shown where available from IRS 990 records.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
50/100 mission score, 2 red flags, and 1 strength are shown from structured and AI review.
Is Totman Wallace Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Totman Wallace Scholarship Fund shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | None filing record; 2 red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade D | Filing history pending |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Bath, ME nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Some Concerns. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
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Keep the Investigation Moving
About Totman Wallace Scholarship Fund
Totman Wallace Scholarship Fund (EIN: 10441721) is a nonprofit organization based in Bath, ME. 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 Totman Wallace 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 | 1992 |
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 Totman Wallace Scholarship Fund with a Mission Score of 50 out of 100 (Fair). 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, Totman Wallace 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 reported $0 in revenue and assets, suggesting no operational activity or paid staff.
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 Totman Wallace Scholarship Fund's IRS 990 filings:
- Zero revenue and assets reported, suggesting dormancy or non-operation
- Lack of financial activity makes it impossible to assess program impact
Strengths
The following positive indicators were identified for Totman Wallace Scholarship Fund:
- Filed IRS 990, indicating compliance with reporting requirements despite no financial activity
Frequently Asked Questions about Totman Wallace Scholarship Fund
Is Totman Wallace Scholarship Fund a legitimate charity?
Totman Wallace Scholarship Fund (EIN: 10441721) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 50/100. 2 red flags identified. 1 strength noted. Financial health grade: D.
How does Totman Wallace Scholarship Fund spend its money?
Totman Wallace Scholarship Fund reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Totman Wallace Scholarship Fund tax-deductible?
Totman Wallace Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 10441721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Totman Wallace Scholarship Fund CEO make?
Totman Wallace Scholarship Fund's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Totman Wallace Scholarship Fund located?
Totman Wallace Scholarship Fund is headquartered in Bath, Maine and files with the IRS under EIN 10441721.
Is Totman Wallace Scholarship Fund a good charity?
Based on the provided IRS 990 data showing $0 in revenue and assets, there is no financial activity to evaluate its effectiveness as a charity. It appears to be dormant or non-operational.
What is the financial health of Totman Wallace Scholarship Fund?
The financial health cannot be assessed as the organization reported $0 in both revenue and assets, indicating no financial activity.
Data Sources and Methodology
This transparency report for Totman Wallace 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.