A Karnavas Foundation is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1968, with $7,196 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$7,196
▲ 18.3% vs prior year
Expenses (FY2023)
$10K
Net assets
$110K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Karnavas Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Karnavas Foundation: 132 mo reserves · -39% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Karnavas Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Karnavas Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $7,597 (FY2015) to $7,196 (FY2023) across 8 reported years.
Financial snapshot
Operating margin
-39.5%
Spent more than it raised in the latest fiscal year.
Total assets
$113K
Total liabilities
$2,858
Net assets
$110K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,196▲18.3% | $10,036▼23.9% | $109,979▼2.5% | $112,837▼3.1% | 990PF |
| 2022 | $6,083▼19.5% | $13,196▼0.1% | $112,819▼5.9% | $116,393▼5.8% | 990PF |
| 2021 | $7,554▲6.9% | $13,208▼13.1% | $119,932▼4.5% | $123,543▼4.4% | 990PF |
| 2020 | $7,068▼14.8% | $15,193▲8.0% | $125,586▼6.1% | $129,179▼6.0% | 990PF |
| 2019 | $8,298▼1.5% | $14,067▼7.4% | $133,711▼4.1% | $137,362▼3.4% | 990PF |
| 2018 | $8,427▲5.3% | $15,183▼7.9% | $139,480▼4.6% | $142,158▼6.0% | 990PF |
| 2017 | $8,000▲5.3% | $16,489▲3.7% | $146,236▼7.5% | $151,179▼5.9% | 990PF |
| 2015 | $7,597 | $15,898 | $158,151 | $160,722 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A Karnavas Foundation (EIN 25-1197658) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.