William H Nelson And Helen L Nelson Scholarship Fund
William H Nelson And Helen L Nelson Scholarship Fund consistently directs 100% of spending to programs with no officer compensation.
EIN: 201947722 · Mountain Home, AR · NTEE: T20 · Updated: 2026-03-28
Is William H Nelson And Helen L Nelson Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William H Nelson And Helen L Nelson Scholarship Fund directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William H Nelson And Helen L Nelson Scholarship Fund
William H Nelson And Helen L Nelson Scholarship Fund (EIN: 201947722) is a nonprofit organization based in Mountain Home, AR, classified under NTEE code T20. The organization reported total revenue of $19K and total assets of $445K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William H Nelson And Helen L Nelson Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William H Nelson And Helen L Nelson Scholarship Fund is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $32K |
| Surplus / Deficit | $-15,638 |
| Total Assets | $460K |
| Total Liabilities | $1 |
| Net Assets | $460K |
| Operating Margin | -93.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 170.1 months |
Financial Health Grade: B
In 2023, William H Nelson And Helen L Nelson Scholarship Fund reported a deficit of $16K with expenses exceeding revenue, holds 170.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), William H Nelson And Helen L Nelson Scholarship Fund's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +8.2% | -3.0% |
| 2022 | -17.6% | +5.2% | -1.2% |
| 2021 | -3.5% | +11.7% | +0.9% |
| 2020 | -7.4% | -15.5% | -0.8% |
| 2019 | -14.5% | +44.3% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 William H Nelson And Helen L Nelson Scholarship Fund with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, William H Nelson And Helen L Nelson Scholarship Fund allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for a scholarship fund of this size.
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 William H Nelson And Helen L Nelson Scholarship Fund's IRS 990 filings:
- Consistent annual expenses exceeding revenue in recent years (e.g., 2023: $32,451 expenses vs. $16,813 revenue), potentially drawing down assets over time if not balanced by future revenue.
Strengths
The following positive indicators were identified for William H Nelson And Helen L Nelson Scholarship Fund:
- 100% program spending due to 0% officer compensation across all reported periods.
- Strong financial transparency with minimal liabilities reported ($1 or $0 consistently).
- Healthy asset base ($459,958 in 2023) providing stability for its scholarship programs.
- Clear alignment between NTEE code (T20 - Scholarship & Student Aid) and organizational name/mission.
Frequently Asked Questions about William H Nelson And Helen L Nelson Scholarship Fund
Is William H Nelson And Helen L Nelson Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, William H Nelson And Helen L Nelson Scholarship Fund (EIN: 201947722) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does William H Nelson And Helen L Nelson Scholarship Fund spend its money?
William H Nelson And Helen L Nelson Scholarship Fund directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William H Nelson And Helen L Nelson Scholarship Fund tax-deductible?
William H Nelson And Helen L Nelson Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 201947722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the William H Nelson And Helen L Nelson Scholarship Fund a good charity?
Yes, based on the provided data, it appears to be a very good charity. It consistently reports 0% officer compensation, meaning all funds are directed to its mission, and maintains a healthy asset base for its scholarship programs.
How does the organization manage its expenses relative to its revenue?
The organization has experienced periods where expenses exceeded revenue, for example, in 2023 expenses were $32,451 against revenue of $16,813. However, given its nature as a scholarship fund with a substantial asset base ($459,958 in 2023), these shortfalls are likely covered by its endowment, allowing it to continue its program services.
What is the trend in the organization's assets?
The organization's assets have seen a slight decline over the past decade, from $509,942 in 2011 to $459,958 in 2023. This modest decrease is not alarming given the consistent scholarship disbursements and fluctuating revenue.
Filing History
IRS 990 filing history for William H Nelson And Helen L Nelson Scholarship Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William H Nelson And Helen L Nelson Scholarship Fund's revenue has declined by 42.8%, moving from $29K to $17K. Total assets decreased by 9.8% over the same period, from $510K to $460K. Total functional expenses rose by 48.3%, from $22K to $32K. In its most recent filing year (2023), William H Nelson And Helen L Nelson Scholarship Fund reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $460K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $460K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17K | $32K | $460K | $1 | — | — |
| 2022 | $17K | $30K | $474K | $1 | — | View 990 |
| 2021 | $20K | $29K | $480K | $1 | — | — |
| 2020 | $21K | $26K | $476K | $1 | — | — |
| 2019 | $23K | $30K | $479K | $0 | — | View 990 |
| 2015 | $26K | $21K | $501K | $0 | — | View 990 |
| 2014 | $26K | $26K | $490K | $0 | — | View 990 |
| 2013 | $27K | $60K | $489K | $0 | — | View 990 |
| 2012 | $27K | $27K | $510K | $0 | — | View 990 |
| 2011 | $29K | $22K | $510K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17K, expenses of $32K, and assets of $460K (revenue +0.7% year-over-year).
- 2022: Revenue of $17K, expenses of $30K, and assets of $474K (revenue -17.6% year-over-year).
- 2021: Revenue of $20K, expenses of $29K, and assets of $480K (revenue -3.5% year-over-year).
- 2020: Revenue of $21K, expenses of $26K, and assets of $476K (revenue -7.4% year-over-year).
- 2019: Revenue of $23K, expenses of $30K, and assets of $479K (revenue -14.5% year-over-year).
- 2015: Revenue of $26K, expenses of $21K, and assets of $501K (revenue +3.1% year-over-year).
- 2014: Revenue of $26K, expenses of $26K, and assets of $490K (revenue -3.5% year-over-year).
- 2013: Revenue of $27K, expenses of $60K, and assets of $489K (revenue -2.0% year-over-year).
- 2012: Revenue of $27K, expenses of $27K, and assets of $510K (revenue -7.6% year-over-year).
- 2011: Revenue of $29K, expenses of $22K, and assets of $510K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William H Nelson And Helen L Nelson Scholarship Fund:
Data Sources and Methodology
This transparency report for William H Nelson And Helen L Nelson 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.