Albert F Schenck 8 61621 Nect is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2006, with $104,418 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$104K
▲ 2854.7% vs prior year
Expenses (FY2024)
$134K
Net assets
$2.0M
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 Albert F Schenck 8 61621 Nect— 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 Albert F Schenck 8 61621 Nect: 182 mo reserves · -29% 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 Albert F Schenck 8 61621 Nect— 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 Albert F Schenck 8 61621 Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $173K (FY2013) to $104K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-28.7%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,418▲2855% | $134,341▼1.8% | $2,040,043▼1.5% | $2,040,043▼1.5% | 990PF |
| 2023 | $3,534▲104% | $136,770▼17.0% | $2,070,136▼6.0% | $2,070,136▼6.0% | 990PF |
| 2022 | -$82,794▼112% | $164,755▲11.1% | $2,202,246▼10.1% | $2,202,246▼10.1% | 990PF |
| 2021 | $687,814▲345% | $148,316▲4.4% | $2,450,349▲28.1% | $2,450,349▲28.1% | 990PF |
| 2020 | $154,466▲50.5% | $142,034▼0.3% | $1,913,189▲0.6% | $1,913,189▲0.6% | 990PF |
| 2019 | $102,658▼45.7% | $142,531▲1.6% | $1,902,601▼2.1% | $1,902,601▼2.1% | 990PF |
| 2018 | $189,105▲16.4% | $140,282▲5.9% | $1,942,472▲2.6% | $1,942,472▲2.6% | 990PF |
| 2017 | $162,531▲185% | $132,488▼0.8% | $1,893,638▲1.6% | $1,893,638▲1.6% | 990PF |
| 2016 | $57,104▼70.9% | $133,568▲1.9% | $1,863,596▼3.9% | $1,863,596▼3.9% | 990PF |
| 2015 | $195,946▲12.1% | $131,087▲17.6% | $1,940,059▲3.5% | $1,940,059▲3.5% | 990PF |
| 2014 | $174,825▲1.1% | $111,493▲11.1% | $1,875,206▲2.7% | $1,875,206▲2.7% | 990PF |
| 2013 | $172,971 | $100,338▲11.0% | $1,825,495▲4.1% | $1,825,495▲4.1% | 990PF |
| 2012 | — | $90,354 | $1,752,862 | $1,752,862 | 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 Albert F Schenck 8 61621 Nect (EIN 23-6201895) 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.