The Styles Memorial Scholarship Fund Foundation

Nonprofit profile at a glance

EIN
586354416
IRS 990-PF coverage
2011–2022
Forms available
Form 990-PF 2022
Location
Dawsonville, GA, USA
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Independent Foundations

Reported finances

Revenue
$15,296
Expenses
$6,443

Source: IRS Form 990-PF. Selected filing: tax year 2022. Amounts in USD.

Overview

Mission

Private Independent Foundations

What it reported funding in 2022

The foundation reported 6 grants totaling $6,000. The stated grant purpose was scholarship.

Operating model

Revenue model
Donor-supported. 65% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 93% of its reported charitable disbursements as grants.

The verdict

SUPPORTED - The filing identifies who received its grants and a large share of spending goes to grants. A relatively small share of available resources goes to charitable grants and the available information about grant readiness automatic revocation leaves an important question unanswered.

Rating breakdown

  • Grant Deployment: 56
  • Cost Efficiency: 93
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 78

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 56%; rating input score 56; 11th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 93.1%; rating input score 93; 78th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 21.6; rating input score 78; 78th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 56% grant deployment rate
  • Trustees: Filed trustees detail
  • Investments: 78th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 11 filing years from 2011 to 2022
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Grant Deployment: Grant deployment ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.