Edward W Powers and Alice R Powers Higher Educational Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Edward W Powers and Alice R Powers Higher Educational Fund is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1989, with $341,691 in FY2024 revenue. CharityIndex grades it D.
500 1st Ave, Pittsburgh, PA, 15219 EIN 34-6900472 Since 1989
Revenue (FY2024)
$342K
▼ 29.6% vs prior year
Expenses (FY2024)
$458K
Net assets
$7.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Edward W Powers and Alice R Powers Higher Educational Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating193 mo reserves · -34% 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 Edward W Powers and Alice R Powers Higher Educational Fund: 193 mo reserves · -34% margin earns a D 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 Edward W Powers and Alice R Powers Higher Educational 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 Edward W Powers and Alice R Powers Higher Educational 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 $695K (FY2013) to $342K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.4M
Operating margin
-34.0%
Spent more than it raised in the latest fiscal year.
Total assets
$7.4M
Total liabilities
$0
Net assets
$7.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $341,691▼29.6% | $457,781▲6.1% | $7,354,759▼1.6% | $7,354,759▼1.6% | 990PF |
| 2023 | $485,604▲117% | $431,297▼13.1% | $7,476,022▲0.8% | $7,476,022▲0.8% | 990PF |
| 2022 | $224,284▼72.8% | $496,469▲9.0% | $7,417,552▼3.5% | $7,417,552▼3.5% | 990PF |
| 2021 | $825,151▲1811% | $455,620▲2.1% | $7,684,620▲5.1% | $7,684,620▲5.1% | 990PF |
| 2020 | -$48,218▼110% | $446,439▼2.5% | $7,311,380▼6.5% | $7,311,380▼6.5% | 990PF |
| 2019 | $487,114▼55.6% | $457,914▲1.4% | $7,819,521▲0.4% | $7,819,521▲0.4% | 990PF |
| 2018 | $1,095,950▲114% | $451,443▲9.5% | $7,788,995▲9.0% | $7,788,995▲9.0% | 990PF |
| 2017 | $512,156▲190% | $412,222▲110% | $7,144,492▲1.4% | $7,144,492▲1.4% | 990PF |
| 2016 | $176,806▼59.3% | $196,077▼30.1% | $7,046,551▼0.4% | $7,046,551▼0.4% | 990PF |
| 2015 | $434,534▼28.8% | $280,500▼3.8% | $7,075,961▲2.4% | $7,075,961▲2.4% | 990PF |
| 2014 | $610,246▼12.2% | $291,621▲6.6% | $6,910,704▲4.8% | $6,910,704▲4.8% | 990PF |
| 2013 | $695,249 | $273,499▲0.4% | $6,592,786▲6.8% | $6,592,786▲6.8% | 990PF |
| 2012 | — | $272,338▲320% | $6,171,036▼1.0% | $6,171,036▼1.0% | 990PF |
| 2011 | — | $64,860▼78.6% | $6,231,229▲1.6% | $6,231,229▲1.6% | 990PF |
| 2010 | — | $303,335▼60.9% | $6,135,967▼1.5% | $6,135,967▼1.5% | 990PF |
| 2009 | — | $775,173 | $6,230,062 | $6,230,062 | 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 Edward W Powers and Alice R Powers Higher Educational Fund a legitimate nonprofit?
- Yes. Edward W Powers and Alice R Powers Higher Educational Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-6900472, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Edward W Powers and Alice R Powers Higher Educational Fund's EIN?
- Edward W Powers and Alice R Powers Higher Educational Fund's Employer Identification Number (EIN) is 34-6900472.
- How much revenue does Edward W Powers and Alice R Powers Higher Educational Fund report?
- Edward W Powers and Alice R Powers Higher Educational Fund reported $341,691 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Edward W Powers and Alice R Powers Higher Educational Fund have?
- CharityIndex grades Edward W Powers and Alice R Powers Higher Educational Fund D, based on financial health (reserves and operating margin).
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Data for Edward W Powers and Alice R Powers Higher Educational Fund (EIN 34-6900472) 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.