Neo Scholarship Fund
Nonprofit profile at a glance
- EIN
- 472176582
- IRS 990-EZ coverage
- 2014–2021
- Forms available
- Form 990-EZ 2021
- Location
- Gadsden, AL, USA
- Phone
- 2565477417
- Rating confidence
- Limited
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Expenses
- $226
- Assets
- $1,023
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GEORGE J DOUTHIT JR (PRESIDENT)
People named in this filing
- GEORGE J DOUTHIT JR (PRESIDENT)
- CHRISTOPHER G KELLEY (VICE PRESIDE)
- DANIEL O RYAN (TREASURER)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To furnish direct financial support to students for postsecondary education with particular emphasis on students with inadequate financial means or support, and to promote educational opportunities for students interested in post secondary education.
What it reported doing in 2021
Provide scholarships for postsecondary education to students with financial need
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: NotEnoughData
- Sustainability: 23
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: Limited
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 4.53; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -10.5% per year; rating input score 0; 58th percentile among comparable filings
- Revenue growth: 173.3% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $226 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 3 of 3 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2014 to 2021
- 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 — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.