Annapolis & Anne Arundel County Scholarship Trust

Nonprofit profile at a glance

EIN
527061909
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Annapolis, MD, USA
Phone
4109877990
Rating
49
Verdict
MIXED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$77,121
Expenses
$59,151
Assets
$18,193
Liabilities
$8,863

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • REGINALD BRODDIE (PRESIDENT CEO)

People named in this filing

  • CRISPIN ETHERINGTON (CHAIRMAN)
  • REGINALD BRODDIE (PRESIDENT CEO)
  • DR SHIRLEY LITTLE (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Raises funds for studies and scholarships

What it reported doing in 2024

The trust provide 13 scholarships for individuals to attend college.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 7
  • Transparency & Controls: 100
  • Sustainability: 50
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10.8%; rating input score 11
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 23.3%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.49; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.4% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: 4.9% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 10.8% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.