Carl I Schrag Scholarship Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Carl I Schrag Scholarship Foundation Inc is a 501(c)(3) organization based in Forest Hills, New York, registered in 1963, with $0 in FY2024 revenue. CharityIndex grades it C+.
6768 Austin St, Forest Hills, NY, 11375 EIN 11-6037030 Since 1963
Revenue (FY2024)
$0
Expenses (FY2024)
$1,102
Net assets
$2,772
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Carl I Schrag Scholarship Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating30 mo reserves
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 Carl I Schrag Scholarship Foundation Inc: 30 mo reserves earns a A 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 Carl I Schrag Scholarship Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Carl I Schrag Scholarship Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 6768 Austin St, Forest Hills, NY, 11375
- City
- Forest Hills
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $20 (FY2013) to $0 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2,772
Total assets
$2,772
Total liabilities
$0
Net assets
$2,772
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $0▼100% | $1,102▲213% | $2,772▼28.4% | $2,772▼28.4% | 990PF |
| 2023 | $1 | $352▲69.2% | $3,874▼8.3% | $3,874▼8.3% | 990PF |
| 2022 | $0▼100% | $208▼79.2% | $4,225▼4.7% | $4,225▼4.7% | 990PF |
| 2021 | $1▼99.8% | $999▲383% | $4,433▼18.4% | $4,433▼18.4% | 990PF |
| 2020 | $501▼83.3% | $207▼30.5% | $5,431▲5.7% | $5,431▲5.7% | 990PF |
| 2019 | $3,001▲149950% | $298▼52.5% | $5,137▲111% | $5,137▲111% | 990PF |
| 2018 | $2▼99.9% | $627▼58.2% | $2,434▼20.4% | $2,434▼20.4% | 990PF |
| 2017 | $2,001▲99.9% | $1,500▼35.8% | $3,059▲19.6% | $3,059▲19.6% | 990PF |
| 2016 | $1,001▲33267% | $2,336▼25.2% | $2,558▼34.3% | $2,558▼34.3% | 990PF |
| 2015 | $3▼25.0% | $3,125▲56.3% | $3,893▼44.5% | $3,893▼44.5% | 990PF |
| 2014 | $4▼80.0% | $2,000▼9.5% | $7,015▼22.2% | $7,015▼22.2% | 990PF |
| 2013 | $20 | $2,211▲1601% | $9,011▼19.6% | $9,011▼19.6% | 990PF |
| 2012 | — | $130▼80.2% | $11,202▼0.9% | $11,202▼0.9% | 990PF |
| 2011 | — | $658▼52.9% | $11,306▼5.3% | $11,306▼5.3% | 990PF |
| 2010 | — | $1,396 | $11,937 | $11,937 | 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 Carl I Schrag Scholarship Foundation Inc a legitimate nonprofit?
- Yes. Carl I Schrag Scholarship Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-6037030, based in Forest Hills, New York. Donations are tax-deductible.
- What is Carl I Schrag Scholarship Foundation Inc's EIN?
- Carl I Schrag Scholarship Foundation Inc's Employer Identification Number (EIN) is 11-6037030.
- How much revenue does Carl I Schrag Scholarship Foundation Inc report?
- Carl I Schrag Scholarship Foundation Inc reported $0 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Carl I Schrag Scholarship Foundation Inc have?
- CharityIndex grades Carl I Schrag Scholarship Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Carl I Schrag Scholarship Foundation Inc (EIN 11-6037030) 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.