Albert W and Adele Krotzer Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Albert W and Adele Krotzer Scholarship Fund is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1988, with $7,696 in FY2024 revenue. CharityIndex grades it C+.
500 1st Ave, Pittsburgh, PA, 15219 EIN 34-6610983 Since 1988
Revenue (FY2024)
$7,696
▲ 143.1% vs prior year
Expenses (FY2024)
$8,881
Net assets
$143K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 W and Adele Krotzer Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating194 mo reserves · -15% 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 W and Adele Krotzer Scholarship Fund: 194 mo reserves · -15% margin earns a C+ 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 W and Adele Krotzer Scholarship Fund— 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 W and Adele Krotzer Scholarship Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 500 1st Ave, Pittsburgh, PA, 15219
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $8,390 (FY2013) to $7,696 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $143K
Operating margin
-15.4%
Spent more than it raised in the latest fiscal year.
Total assets
$143K
Total liabilities
$0
Net assets
$143K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,696▲143% | $8,881▲0.3% | $143,342▼0.7% | $143,342▼0.7% | 990PF |
| 2023 | $3,166▲617% | $8,858▼14.2% | $144,362▼3.8% | $144,362▼3.8% | 990PF |
| 2022 | -$612▼104% | $10,325▲9.4% | $150,098▼6.7% | $150,098▼6.7% | 990PF |
| 2021 | $15,051▲212% | $9,442▲8.2% | $160,943▲3.6% | $160,943▲3.6% | 990PF |
| 2020 | $4,819▼73.0% | $8,730▼8.6% | $155,306▼2.6% | $155,306▼2.6% | 990PF |
| 2019 | $17,851▼49.9% | $9,551▲3.1% | $159,522▲5.5% | $159,522▲5.5% | 990PF |
| 2018 | $35,616▲299% | $9,264▲7.9% | $151,223▲21.1% | $151,223▲21.1% | 990PF |
| 2017 | $8,928▼37.7% | $8,582▼2.0% | $124,870▲0.3% | $124,870▲0.3% | 990PF |
| 2016 | $14,337▲85.0% | $8,761▲2.8% | $124,524▲4.7% | $124,524▲4.7% | 990PF |
| 2015 | $7,750▼24.1% | $8,523▼5.2% | $118,948▼0.6% | $118,948▼0.6% | 990PF |
| 2014 | $10,213▲21.7% | $8,991▲21.6% | $119,721▲1.0% | $119,721▲1.0% | 990PF |
| 2013 | $8,390 | $7,396▼22.3% | $118,499▲0.8% | $118,499▲0.8% | 990PF |
| 2012 | — | $9,520▲175% | $117,505▼2.7% | $117,505▼2.7% | 990PF |
| 2011 | — | $3,464▼52.9% | $120,817▼0.2% | $120,817▼0.2% | 990PF |
| 2010 | — | $7,358 | $121,097 | $121,097 | 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 W and Adele Krotzer Scholarship Fund a legitimate nonprofit?
- Yes. Albert W and Adele Krotzer Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-6610983, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Albert W and Adele Krotzer Scholarship Fund's EIN?
- Albert W and Adele Krotzer Scholarship Fund's Employer Identification Number (EIN) is 34-6610983.
- How much revenue does Albert W and Adele Krotzer Scholarship Fund report?
- Albert W and Adele Krotzer Scholarship Fund reported $7,696 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert W and Adele Krotzer Scholarship Fund have?
- CharityIndex grades Albert W and Adele Krotzer Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Albert W and Adele Krotzer Scholarship Fund (EIN 34-6610983) 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.