Winslow Johnson Scholarship Tr
Winslow Johnson Scholarship Tr consistently disburses more than its annual revenue, drawing from its asset base.
EIN: 10521503 · Bath, ME · NTEE: B82 · Updated: 2026-03-28
Is Winslow Johnson Scholarship Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Winslow Johnson Scholarship Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Winslow Johnson Scholarship Tr
Winslow Johnson Scholarship Tr (EIN: 10521503) is a nonprofit organization based in Bath, ME, classified under NTEE code B82. The organization reported total revenue of $151K and total assets of $362K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winslow Johnson Scholarship Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Winslow Johnson Scholarship Tr with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Winslow Johnson Scholarship Tr allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that the organization is likely run by volunteers or has no paid officers, which is highly efficient for an organization of its 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 Winslow Johnson Scholarship Tr's IRS 990 filings:
- Consistent operating deficits, with expenses frequently exceeding revenue (e.g., $57,659 expenses vs. $24,296 revenue in 202406), indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Winslow Johnson Scholarship Tr:
- Zero officer compensation, indicating highly efficient and likely volunteer-driven administration.
- Very low liabilities ($1 in recent years), demonstrating strong financial stability relative to its asset base.
- Consistent history of operations and 990 filings, showing transparency and longevity.
- Clear mission focus as a scholarship trust (NTEE B82).
Frequently Asked Questions about Winslow Johnson Scholarship Tr
Is Winslow Johnson Scholarship Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Winslow Johnson Scholarship Tr (EIN: 10521503) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Winslow Johnson Scholarship Tr spend its money?
Winslow Johnson Scholarship Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Winslow Johnson Scholarship Tr tax-deductible?
Winslow Johnson Scholarship Tr is registered as a tax-exempt nonprofit (EIN: 10521503). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Winslow Johnson Scholarship Tr a good charity?
Yes, for its specific mission. It appears to be a well-managed scholarship fund with a clear purpose, minimal administrative overhead (0% officer compensation), and a history of providing scholarships. While it often spends more than its annual revenue, this is common for endowment-based scholarship trusts that draw from their principal to fulfill their mission.
How does the organization sustain itself given frequent deficits?
The organization sustains itself by drawing from its asset base. For example, in 202406, assets decreased from $362,204 to $328,841, while expenses ($57,659) significantly exceeded revenue ($24,296). This indicates a reliance on its endowment to cover scholarship disbursements and operational costs.
What is the primary use of the organization's funds?
Given its NTEE code (B82 - Scholarships) and the nature of a scholarship trust, the primary use of funds is for program services, specifically providing scholarships. The consistent 0% officer compensation suggests very low administrative costs, meaning the vast majority of expenses are likely direct program disbursements.
Filing History
IRS 990 filing history for Winslow Johnson Scholarship Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Winslow Johnson Scholarship Tr's revenue has grown by 169.1%, moving from $9K to $24K. Total assets decreased by 12% over the same period, from $374K to $329K. Total functional expenses rose by 159.2%, from $22K to $58K. In its most recent filing year (2024), Winslow Johnson Scholarship Tr reported a deficit of $33K, with expenses exceeding revenue. The organization holds $1 in liabilities against $329K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $329K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $24K | $58K | $329K | $1 | — | — |
| 2023 | $36K | $70K | $362K | $1 | — | View 990 |
| 2022 | $94K | $39K | $396K | $1 | — | View 990 |
| 2021 | $88K | $41K | $341K | $1 | — | — |
| 2020 | $16K | $43K | $294K | $1 | — | View 990 |
| 2016 | $13K | $40K | $311K | $0 | — | View 990 |
| 2015 | $33K | $32K | $338K | $0 | — | View 990 |
| 2014 | $12K | $27K | $337K | $0 | — | View 990 |
| 2013 | $23K | $27K | $353K | $0 | — | View 990 |
| 2012 | $7K | $25K | $357K | $0 | — | View 990 |
| 2011 | $9K | $22K | $374K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $24K, expenses of $58K, and assets of $329K (revenue -33.0% year-over-year).
- 2023: Revenue of $36K, expenses of $70K, and assets of $362K (revenue -61.3% year-over-year).
- 2022: Revenue of $94K, expenses of $39K, and assets of $396K (revenue +6.1% year-over-year).
- 2021: Revenue of $88K, expenses of $41K, and assets of $341K (revenue +452.7% year-over-year).
- 2020: Revenue of $16K, expenses of $43K, and assets of $294K (revenue +27.3% year-over-year).
- 2016: Revenue of $13K, expenses of $40K, and assets of $311K (revenue -62.0% year-over-year).
- 2015: Revenue of $33K, expenses of $32K, and assets of $338K (revenue +180.8% year-over-year).
- 2014: Revenue of $12K, expenses of $27K, and assets of $337K (revenue -49.3% year-over-year).
- 2013: Revenue of $23K, expenses of $27K, and assets of $353K (revenue +212.6% year-over-year).
- 2012: Revenue of $7K, expenses of $25K, and assets of $357K (revenue -17.7% year-over-year).
- 2011: Revenue of $9K, expenses of $22K, and assets of $374K.
Data Sources and Methodology
This transparency report for Winslow Johnson 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.