Simison-bennett Scholarship Award Trust
Nonprofit profile at a glance
- EIN
- 356544140
- IRS 990-EZ coverage
- 2015–2016
- Forms available
- Form 990-EZ 2016
- Location
- Lafayette, IN, USA
- Phone
- 7657427109
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $552
- Expenses
- $780
- Assets
- $50,501
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- RUTH ANN SOUTHWORTH (Trustee)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's primary exempt purpose is to provide scholarships for higher education to graduates of mccutcheon high school.
What it reported doing in 2016
The organization was able to provide a scholarship to one mccutcheon graduate. This scholarship was used for tuition expenses at taylor university, upland, Indiana.
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
- Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 55.1%; rating input score 55
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -41.3%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 64.74; rating input score 99; 99th 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: -56.1% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -66.4% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -0.5% per year; rating input score 0; 41st percentile among comparable filings
Details
- Where the money goes: 77.9% of revenue deployed · 55.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $430 in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2015 to 2016
- 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.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.