William Widdy Neale Scholarship Fund Inc
EIN: 66283158 · Rocky Hill, CT · NTEE: B82Z
About William Widdy Neale Scholarship Fund Inc
William Widdy Neale Scholarship Fund Inc (EIN: 66283158) is a nonprofit organization based in Rocky Hill, CT, classified under NTEE code B82Z. The organization reported total revenue of $144K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William Widdy Neale Scholarship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for William Widdy Neale Scholarship Fund Inc 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 William Widdy Neale Scholarship Fund Inc 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.
Filing History
IRS 990 filing history for William Widdy Neale Scholarship Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), William Widdy Neale Scholarship Fund Inc's revenue has grown by 98.1%, moving from $72K to $142K. Total assets increased by 252.6% over the same period, from $251K to $883K. Total functional expenses rose by 39.7%, from $70K to $98K. In its most recent filing year (2023), William Widdy Neale Scholarship Fund Inc reported a surplus of $44K, with revenue exceeding expenses. The organization holds $12K in liabilities against $883K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $871K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $98K | $883K | $12K | — | View 990 |
| 2022 | $125K | $108K | $837K | $0 | — | View 990 |
| 2021 | $148K | $125K | $930K | $0 | — | View 990 |
| 2020 | $210K | $117K | $798K | $0 | — | — |
| 2019 | $411K | $120K | $726K | $12K | — | View 990 |
| 2018 | $111K | $114K | $392K | $0 | — | View 990 |
| 2017 | $105K | $112K | $389K | $0 | — | View 990 |
| 2016 | $133K | $99K | $360K | $0 | — | View 990 |
| 2015 | $105K | $103K | $321K | $0 | — | View 990 |
| 2014 | $115K | $98K | $320K | $0 | — | View 990 |
| 2013 | $131K | $99K | $302K | $0 | — | View 990 |
| 2012 | $99K | $78K | $270K | $0 | — | View 990 |
| 2011 | $72K | $70K | $251K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $98K, and assets of $883K (revenue +13.0% year-over-year).
- 2022: Revenue of $125K, expenses of $108K, and assets of $837K (revenue -15.3% year-over-year).
- 2021: Revenue of $148K, expenses of $125K, and assets of $930K (revenue -29.4% year-over-year).
- 2020: Revenue of $210K, expenses of $117K, and assets of $798K (revenue -48.9% year-over-year).
- 2019: Revenue of $411K, expenses of $120K, and assets of $726K (revenue +271.1% year-over-year).
- 2018: Revenue of $111K, expenses of $114K, and assets of $392K (revenue +5.6% year-over-year).
- 2017: Revenue of $105K, expenses of $112K, and assets of $389K (revenue -21.3% year-over-year).
- 2016: Revenue of $133K, expenses of $99K, and assets of $360K (revenue +26.3% year-over-year).
- 2015: Revenue of $105K, expenses of $103K, and assets of $321K (revenue -8.6% year-over-year).
- 2014: Revenue of $115K, expenses of $98K, and assets of $320K (revenue -11.7% year-over-year).
- 2013: Revenue of $131K, expenses of $99K, and assets of $302K (revenue +31.4% year-over-year).
- 2012: Revenue of $99K, expenses of $78K, and assets of $270K (revenue +38.8% year-over-year).
- 2011: Revenue of $72K, expenses of $70K, and assets of $251K.
Data Sources and Methodology
This transparency report for William Widdy Neale Scholarship Fund Inc 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.