William H Olson M D Scholarship Tr

William H Olson M D Scholarship Tr maintains stable asset growth with minimal liabilities and no executive compensation.

EIN: 206202481 · Campbellsvlle, KY · NTEE: B82 · Updated: 2026-03-28

$58KRevenue
$1.4MAssets
95/100Mission Score (Excellent)
B82
William H Olson M D Scholarship Tr Financial Summary
MetricValue
Total Revenue$58K
Total Expenses$30K
Program Spending100%
Net Assets$1.4M
Transparency Score95/100

Search Intent Cockpit

William H Olson M D Scholarship Tr Form 990, Revenue, CEO Pay, and IRS Filing Signals

William H Olson M D Scholarship Tr 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 William H Olson M D Scholarship Tr in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $37K and expenses of $30K.

Revenue and Expenses

William H Olson M D Scholarship Tr reported $37K in revenue and $30K in expenses, a surplus of $7K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is William H Olson M D Scholarship Tr Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

PendingDonor/Grant Funding
100%Program Expense
$0Grants Paid
10Stored Filing Years

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

William H Olson M D Scholarship Tr Expense Deployment
Program services$30K (100%)

Across stored filings, William H Olson M D Scholarship Tr shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

William H Olson M D Scholarship Tr Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend100% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with Carriage Museum Of AmericaKentucky and Education context

Trust Check

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William H Olson M D Scholarship Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About William H Olson M D Scholarship Tr

William H Olson M D Scholarship Tr (EIN: 206202481) is a nonprofit organization based in Campbellsvlle, KY, classified under NTEE code B82. The organization reported total revenue of $58K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William H Olson M D Scholarship Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

William H Olson M D Scholarship Tr is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$37K
Total Expenses$30K
Surplus / Deficit+$7K
Total Assets$1.4M
Total Liabilities$1
Net Assets$1.4M
Operating Margin18.8%
Debt-to-Asset Ratio0.0%
Months of Reserves571.4 months

Financial Health Grade: A

In 2023, William H Olson M D Scholarship Tr reported a surplus of $7K with revenue exceeding expenses, holds 571.4 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 Olson M D Scholarship Tr's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+62.0%-2.3%+0.5%
2022-6.3%+81.7%-0.6%
2021-5.6%+0.5%+0.5%
2020-47.6%+5.7%+0.6%
2019+10.8%-34.2%+4.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The William H Olson M D Scholarship Tr demonstrates consistent financial stability, primarily functioning as a scholarship endowment. Its assets have steadily grown over the past decade, from $1,312,159 in 2011 to $1,436,122 in 2023, indicating sound asset management. The organization consistently reports minimal liabilities, often just $1, which is a strong indicator of financial health and low risk. Spending efficiency is high, with expenses generally well below revenue, allowing for asset growth. For instance, in 2023, revenue was $37,150 against expenses of $30,160. The organization's transparency is excellent, as evidenced by its consistent 990 filings and the clear reporting of zero officer compensation, suggesting that all available funds are directed towards its charitable purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates William H Olson M D Scholarship Tr 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 Olson M D Scholarship Tr 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:

$37KTotal Revenue
$30KTotal Expenses
$1.4MTotal Assets
$1Total Liabilities
$1.4MNet Assets
  • The organization reported a surplus of $7K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are diverted to officer salaries, which is highly commendable for an organization of its size and mission.

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.

Strengths

The following positive indicators were identified for William H Olson M D Scholarship Tr:

  • Strong program spending (100% of expenses directed to programs)
  • Consistent asset growth over the past decade
  • Minimal liabilities, often reported as $1
  • Zero executive compensation reported across all filings
  • Consistent IRS 990 filing history demonstrating transparency

Frequently Asked Questions about William H Olson M D Scholarship Tr

Is William H Olson M D Scholarship Tr a legitimate charity?

William H Olson M D Scholarship Tr (EIN: 206202481) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $58K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does William H Olson M D Scholarship Tr spend its money?

William H Olson M D Scholarship Tr directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to William H Olson M D Scholarship Tr tax-deductible?

William H Olson M D Scholarship Tr is registered as a tax-exempt nonprofit (EIN: 206202481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does William H Olson M D Scholarship Tr compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), William H Olson M D Scholarship Tr is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is William H Olson M D Scholarship Tr located?

William H Olson M D Scholarship Tr is headquartered in Campbellsvlle, Kentucky and files with the IRS under EIN 206202481. It is classified under NTEE code B82.

How many years of IRS 990 filings does William H Olson M D Scholarship Tr have?

William H Olson M D Scholarship Tr has 10 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 $58K in total revenue.

Is William H Olson M D Scholarship Tr a good charity?

Yes, based on its consistent asset growth, minimal liabilities, and 0% officer compensation, it appears to be a very well-managed and efficient charity focused on its scholarship mission.

How has the organization's asset base changed over time?

The organization's assets have shown consistent growth, increasing from $1,312,159 in 2011 to $1,436,122 in 2023, demonstrating effective long-term financial stewardship.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, indicating a commitment to directing all resources towards its programmatic goals rather than administrative salaries.

Filing History

IRS 990 filing history for William H Olson M D Scholarship Tr showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), William H Olson M D Scholarship Tr's revenue has declined by 34.2%, moving from $56K to $37K. Total assets increased by 9.4% over the same period, from $1.3M to $1.4M. Total functional expenses fell by 19.8%, from $38K to $30K. In its most recent filing year (2023), William H Olson M D Scholarship Tr reported a surplus of $7K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $37K $30K $1.4M $1
2022 $23K $31K $1.4M $1 View 990
2021 $24K $17K $1.4M $1
2020 $26K $17K $1.4M $1
2019 $49K $16K $1.4M $1 View 990
2015 $45K $24K $1.4M $11K View 990
2014 $44K $27K $1.3M $16K View 990
2013 $45K $26K $1.3M $4K View 990
2012 $43K $31K $1.3M $28K View 990
2011 $56K $38K $1.3M $34K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $37K, expenses of $30K, and assets of $1.4M (revenue +62.0% year-over-year).
  • 2022: Revenue of $23K, expenses of $31K, and assets of $1.4M (revenue -6.3% year-over-year).
  • 2021: Revenue of $24K, expenses of $17K, and assets of $1.4M (revenue -5.6% year-over-year).
  • 2020: Revenue of $26K, expenses of $17K, and assets of $1.4M (revenue -47.6% year-over-year).
  • 2019: Revenue of $49K, expenses of $16K, and assets of $1.4M (revenue +10.8% year-over-year).
  • 2015: Revenue of $45K, expenses of $24K, and assets of $1.4M (revenue +1.2% year-over-year).
  • 2014: Revenue of $44K, expenses of $27K, and assets of $1.3M (revenue -2.1% year-over-year).
  • 2013: Revenue of $45K, expenses of $26K, and assets of $1.3M (revenue +3.9% year-over-year).
  • 2012: Revenue of $43K, expenses of $31K, and assets of $1.3M (revenue -23.1% year-over-year).
  • 2011: Revenue of $56K, expenses of $38K, and assets of $1.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for William H Olson M D Scholarship Tr:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for William H Olson M D Scholarship Tr 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.

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