Wellsville High School Graduating Class Of 1981 Scholarship Fund
EIN: 862423514 · Wellsville, KS · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $5K |
| Net Assets | $13K |
Is Wellsville High School Graduating Class Of 1981 Scholarship Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wellsville High School Graduating Class Of 1981 Scholarship Fund
Wellsville High School Graduating Class Of 1981 Scholarship Fund (EIN: 862423514) is a nonprofit organization based in Wellsville, KS, classified under NTEE code B82. The organization reported total revenue of $4K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wellsville High School Graduating Class Of 1981 Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wellsville High School Graduating Class Of 1981 Scholarship Fund is a micro nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $5K |
| Surplus / Deficit | +$1K |
| Total Assets | $13K |
| Total Liabilities | $1 |
| Net Assets | $13K |
| Operating Margin | 21.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 34.7 months |
Financial Health Grade: A
In 2023, Wellsville High School Graduating Class Of 1981 Scholarship Fund reported a surplus of $1K with revenue exceeding expenses, holds 34.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Wellsville High School Graduating Class Of 1981 Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.7% | +118.4% | +10.2% |
| 2022 | +68.2% | +85.3% | +161.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wellsville High School Graduating Class Of 1981 Scholarship Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wellsville High School Graduating Class Of 1981 Scholarship Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Wellsville High School Graduating Class Of 1981 Scholarship Fund
Is Wellsville High School Graduating Class Of 1981 Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Wellsville High School Graduating Class Of 1981 Scholarship Fund (EIN: 862423514) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wellsville High School Graduating Class Of 1981 Scholarship Fund spend its money?
Detailed spending breakdown data is not yet available for Wellsville High School Graduating Class Of 1981 Scholarship Fund. Check back for updated IRS 990 analysis.
Are donations to Wellsville High School Graduating Class Of 1981 Scholarship Fund tax-deductible?
Wellsville High School Graduating Class Of 1981 Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 862423514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wellsville High School Graduating Class Of 1981 Scholarship Fund located?
Wellsville High School Graduating Class Of 1981 Scholarship Fund is headquartered in Wellsville, Kansas and files with the IRS under EIN 862423514. It is classified under NTEE code B82.
How many years of IRS 990 filings does Wellsville High School Graduating Class Of 1981 Scholarship Fund have?
Wellsville High School Graduating Class Of 1981 Scholarship Fund has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $4K in total revenue.
Filing History
IRS 990 filing history for Wellsville High School Graduating Class Of 1981 Scholarship Fund showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Wellsville High School Graduating Class Of 1981 Scholarship Fund's revenue has grown by 1.4%, moving from $6K to $6K. Total assets increased by 188.5% over the same period, from $5K to $13K. Total functional expenses rose by 304.7%, from $1K to $5K. In its most recent filing year (2023), Wellsville High School Graduating Class Of 1981 Scholarship Fund reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $13K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $5K | $13K | $1 | — | — |
| 2022 | $9K | $2K | $12K | $1 | — | View 990 |
| 2021 | $6K | $1K | $5K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $5K, and assets of $13K (revenue -39.7% year-over-year).
- 2022: Revenue of $9K, expenses of $2K, and assets of $12K (revenue +68.2% year-over-year).
- 2021: Revenue of $6K, expenses of $1K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wellsville High School Graduating Class Of 1981 Scholarship Fund:
Data Sources and Methodology
This transparency report for Wellsville High School Graduating Class Of 1981 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.