Trey Whiteside Memorial Scholarship Fund

Nonprofit profile at a glance

EIN
203023033
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Lincolnton, NC, USA
Phone
7047350995
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$31,856
Expenses
$22,359
Assets
$156,425

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • DEAN WHITESIDE JR (TRUSTEE)
  • TONI WHITESIDE (DIRECTOR/TRU)
  • HAROLD WHITESIDE (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To honor the life of trey whiteside by offering each year a scholarship to a senior in each of the high schools in lincoln county to provide financial support for their college tuition and fees.

What it reported doing in 2025

Provided scholarships to a senior in each of the high schools in lincoln county to provide financial support for their college tuition and fees.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 93% 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 82
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.1%; rating input score 67
  • Program expense ratio: 64.9%; rating input score 65

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.8%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 7; rating input score 88; 88th 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: 3.8% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 67.1% of revenue deployed · 64.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Sustainability: Officer compensation ratio scored 56/100.