Youngberg Memorial Scholarship Fund

Youngberg Memorial Scholarship Fund maintains stable assets with zero officer compensation, efficiently managing its scholarship program.

EIN: 200385356 · Billings, MT · NTEE: B82 · Updated: 2026-03-28

$122KRevenue
$18KGross Revenue
$255KAssets
95/100Mission Score (Excellent)
B82
Youngberg Memorial Scholarship Fund Financial Summary
MetricValue
Total Revenue$122K
Total Expenses$14K
Program Spending85%
CEO/Top Officer Pay$255,096
Net Assets$251K
Transparency Score95/100

Is Youngberg Memorial Scholarship Fund Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Youngberg Memorial Scholarship Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Youngberg Memorial Scholarship Fund

Youngberg Memorial Scholarship Fund (EIN: 200385356) is a nonprofit organization based in Billings, MT, classified under NTEE code B82. The organization reported total revenue of $122K and total assets of $255K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Youngberg Memorial Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Youngberg Memorial Scholarship Fund is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$16K
Total Expenses$14K
Surplus / Deficit+$2K
Total Assets$251K
Net Assets$251K
Operating Margin12.0%
Months of Reserves220.5 months

Financial Health Grade: A

In 2023, Youngberg Memorial Scholarship Fund reported a surplus of $2K with revenue exceeding expenses, holds 220.5 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Youngberg Memorial Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.

YearRevenue ChangeExpense ChangeAsset Change
2022-100.8%+5.3%-5.4%
2021+551.4%+5.0%+7.1%
2020-51.0%+1.9%-3.0%
2019-15.8%+36.0%-1.0%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

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

AI Transparency Report

The Youngberg Memorial Scholarship Fund demonstrates consistent financial stability with assets consistently around $250,000 over the past decade, reaching $255,096 most recently. The organization maintains zero liabilities, indicating a very healthy balance sheet. While revenue fluctuates, it generally covers expenses, with the latest period (202312) showing revenue of $15,522 against expenses of $13,666. The organization's primary function appears to be scholarship distribution, and with 0% officer compensation reported across all filings, it suggests a volunteer-driven model, which is highly efficient for a scholarship fund. Spending efficiency is excellent, particularly given the lack of officer compensation. This means nearly all operational expenses are directed towards administrative costs necessary to manage the scholarship fund and, presumably, the scholarships themselves. The consistent asset base, despite varying annual revenues, suggests prudent financial management and a focus on long-term sustainability for its scholarship program. The negative revenue reported in 202212 ($-239) is unusual but could be due to investment losses or accounting adjustments, which warrants a closer look at the detailed filing for that period. Transparency is high given the consistent filing of IRS Form 990s and the clear indication of no executive compensation. This suggests that the organization is focused on its mission without significant overhead related to salaries. The consistent asset base and low expense levels relative to assets indicate a well-managed endowment or fund designed to provide scholarships over time.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Youngberg Memorial 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

According to IRS 990 filings, Youngberg Memorial Scholarship Fund allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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:

$16KTotal Revenue
$14KTotal Expenses
$251KTotal Assets
$251KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers or that any administrative staff are compensated through other means not classified as officer compensation. This is highly efficient for an organization of its size ($255,096 in assets).

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 Youngberg Memorial Scholarship Fund's IRS 990 filings:

Strengths

The following positive indicators were identified for Youngberg Memorial Scholarship Fund:

Frequently Asked Questions about Youngberg Memorial Scholarship Fund

Is Youngberg Memorial Scholarship Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Youngberg Memorial Scholarship Fund (EIN: 200385356) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

How does Youngberg Memorial Scholarship Fund spend its money?

Youngberg Memorial Scholarship Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Youngberg Memorial Scholarship Fund tax-deductible?

Youngberg Memorial Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 200385356). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Youngberg Memorial Scholarship Fund CEO make?

Youngberg Memorial Scholarship Fund's highest-compensated officer earns $255,096 annually. The organization reported $122K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Youngberg Memorial Scholarship Fund compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Youngberg Memorial Scholarship Fund 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 Youngberg Memorial Scholarship Fund located?

Youngberg Memorial Scholarship Fund is headquartered in Billings, Montana and files with the IRS under EIN 200385356. It is classified under NTEE code B82.

How many years of IRS 990 filings does Youngberg Memorial Scholarship Fund have?

Youngberg Memorial Scholarship Fund has 13 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 $122K in total revenue.

Is Youngberg Memorial Scholarship Fund a good charity?

Yes, based on the provided data, it appears to be a very good charity. It has stable assets, zero liabilities, and reports 0% officer compensation, indicating high efficiency and a strong focus on its mission.

How does the organization manage to operate with 0% officer compensation?

The 0% officer compensation suggests that the organization is likely run by volunteers, or that any administrative services are provided pro bono or through other non-officer compensation arrangements, which significantly reduces overhead.

What caused the negative revenue in 202212?

The negative revenue of $-239 in 202212 is unusual and could be attributed to investment losses, accounting adjustments, or a return of funds. A detailed review of the specific 990 filing for that period would be necessary to understand the exact cause.

Is the organization financially sustainable?

Yes, with consistent assets around $250,000 and generally low expenses, the organization appears financially sustainable, especially given its volunteer-driven model and lack of liabilities.

Filing History

IRS 990 filing history for Youngberg Memorial Scholarship Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Youngberg Memorial Scholarship Fund's revenue has grown by 80.8%, moving from $9K to $16K. Total assets increased by 1.7% over the same period, from $247K to $251K. Total functional expenses rose by 20.4%, from $11K to $14K. In its most recent filing year (2023), Youngberg Memorial Scholarship Fund reported a surplus of $2K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $16K $14K $251K $0 View 990
2022 $-239 $14K $249K $0 View 990
2021 $31K $13K $263K $0 View 990
2020 $5K $13K $246K $0
2019 $10K $12K $254K $0 View 990
2018 $11K $9K $256K $0 View 990
2017 $14K $8K $254K $0 View 990
2016 $5K $9K $248K $0 View 990
2015 $14K $8K $252K $0 View 990
2014 $12K $9K $247K $0 View 990
2013 $10K $8K $244K $0 View 990
2012 $7K $11K $242K $0 View 990
2011 $9K $11K $247K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Youngberg Memorial Scholarship Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Youngberg Memorial 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.

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