Albert Schenk III and Kathleen H Schenk Char Tr No 1
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Albert Schenk III and Kathleen H Schenk Char Tr No 1 is a 501(c)(3) organization based in Wheeling, West Virginia, registered in 1999, with $493,811 in FY2024 revenue. CharityIndex grades it B.
2084 National Rd, Wheeling, WV, 26003 EIN 55-0764535 Since 1999
Revenue (FY2024)
$494K
▲ 11.6% vs prior year
Expenses (FY2024)
$369K
Net assets
$9.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Schenk III and Kathleen H Schenk Char Tr No 1— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating291 mo reserves · +25% margin
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 Schenk III and Kathleen H Schenk Char Tr No 1: 291 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Schenk III and Kathleen H Schenk Char Tr No 1— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Schenk III and Kathleen H Schenk Char Tr No 1: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2084 National Rd, Wheeling, WV, 26003
- City
- Wheeling
- State
- West Virginia
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $430K (FY2020) to $494K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $9.0M
Operating margin
25.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.0M
Total liabilities
$0
Net assets
$9.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $493,811▲11.6% | $368,876▼11.6% | $8,956,386▲2.8% | $8,956,386▲2.8% | 990PF |
| 2023 | $442,664▲84.6% | $417,454▼39.3% | $8,715,107▲7.0% | $8,715,107▲7.0% | 990PF |
| 2022 | $239,788▼69.0% | $687,218▲34.8% | $8,144,845▼16.8% | $8,144,845▼16.8% | 990PF |
| 2021 | $774,053▲80.1% | $509,878▲3.3% | $9,794,065▲5.3% | $9,794,065▲5.3% | 990PF |
| 2020 | $429,765 | $493,663 | $9,300,617 | $9,300,617 | 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.
Frequently asked questions
- Is Albert Schenk III and Kathleen H Schenk Char Tr No 1 a legitimate nonprofit?
- Yes. Albert Schenk III and Kathleen H Schenk Char Tr No 1 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-0764535, based in Wheeling, West Virginia. Donations are tax-deductible.
- What is Albert Schenk III and Kathleen H Schenk Char Tr No 1's EIN?
- Albert Schenk III and Kathleen H Schenk Char Tr No 1's Employer Identification Number (EIN) is 55-0764535.
- How much revenue does Albert Schenk III and Kathleen H Schenk Char Tr No 1 report?
- Albert Schenk III and Kathleen H Schenk Char Tr No 1 reported $493,811 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert Schenk III and Kathleen H Schenk Char Tr No 1 have?
- CharityIndex grades Albert Schenk III and Kathleen H Schenk Char Tr No 1 B, based on financial health (reserves and operating margin).
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Data for Albert Schenk III and Kathleen H Schenk Char Tr No 1 (EIN 55-0764535) 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.