Wendell Flemister Memorial Scholarship Foundation
EIN: 463340238 · Conway, AR · NTEE: B40
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Net Assets | $1K |
Is Wendell Flemister Memorial Scholarship Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wendell Flemister Memorial Scholarship Foundation
Wendell Flemister Memorial Scholarship Foundation (EIN: 463340238) is a nonprofit organization based in Conway, AR, classified under NTEE code B40. The organization reported total revenue of $1 and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wendell Flemister Memorial Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wendell Flemister Memorial Scholarship Foundation is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2015–2020). Revenue has grown at a compound annual rate of -90.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1K |
| Total Liabilities | $1 |
| Net Assets | $1K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.1% |
Financial Health Grade: A
In 2020, Wendell Flemister Memorial Scholarship Foundation reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 2 years of filings (2015–2020), Wendell Flemister Memorial Scholarship Foundation's revenue has declined at a compound annual growth rate (CAGR) of -90.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -100.0% | -100.0% | -93.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wendell Flemister Memorial Scholarship Foundation 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 Wendell Flemister Memorial Scholarship Foundation 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 (2020)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Wendell Flemister Memorial Scholarship Foundation
Is Wendell Flemister Memorial Scholarship Foundation a legitimate charity?
Wendell Flemister Memorial Scholarship Foundation (EIN: 463340238) is a registered tax-exempt nonprofit based in Arkansas. It has 2 years of IRS 990 filings on record. Total revenue: $1. No red flags identified. Financial health grade: A.
How does Wendell Flemister Memorial Scholarship Foundation spend its money?
Wendell Flemister Memorial Scholarship Foundation reported $1 in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wendell Flemister Memorial Scholarship Foundation tax-deductible?
Wendell Flemister Memorial Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 463340238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wendell Flemister Memorial Scholarship Foundation located?
Wendell Flemister Memorial Scholarship Foundation is headquartered in Conway, Arkansas and files with the IRS under EIN 463340238. It is classified under NTEE code B40.
How many years of IRS 990 filings does Wendell Flemister Memorial Scholarship Foundation have?
Wendell Flemister Memorial Scholarship Foundation has 2 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 $1 in total revenue.
Filing History
IRS 990 filing history for Wendell Flemister Memorial Scholarship Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2020), Wendell Flemister Memorial Scholarship Foundation's revenue has declined by 100%, moving from $124K to $1. Total assets decreased by 93.7% over the same period, from $18K to $1K. Total functional expenses fell by 100%, from $106K to $0. The organization holds $1 in liabilities against $1K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $1 | $0 | $1K | $1 | — | — |
| 2015 | $124K | $106K | $18K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wendell Flemister Memorial Scholarship Foundation:
Data Sources and Methodology
This transparency report for Wendell Flemister Memorial Scholarship Foundation 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.