Nathan J Babcock Memorial Scholarship Fund Inc
Nonprofit profile at a glance
- EIN
- 331188254
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990 2010, Form 990-EZ 2025
- Location
- Gilford, NH, USA
- Phone
- 6035282820
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $24,794
- Expenses
- $26,075
- Assets
- $42,376
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- James M Babcock (President)
- Zachary J Babcock (Vice President)
People named in this filing
- James M Babcock (President)
- Virginia Babcock (Treasurer)
- Zachary J Babcock (Vice President)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To assist students with scholarship funds toward their secondary education costs.
What it reported doing in 2025
Individual awards of up to 5,000 were given to 16 deserving students in the 3 New Hampshire hight schools of Belmont, Gilford, and Laconia. These scholarships are presented to help defray the costs of post-secondary education.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.2%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 1.63; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.9% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $26K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2011 to 2025
- 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.
- Moderate — Sustainability: Operating margin scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.