Felix M Katar 65534 Nect
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Felix M Katar 65534 Nect is a 501(c)(92) organization based in Pittsburgh, Pennsylvania, registered in 1900, with $16,345 in FY2024 revenue. CharityIndex grades it D.
500 1st Ave, Pittsburgh, PA, 15219 EIN 23-6513481 Since 1900
Revenue (FY2024)
$16K
▲ 12.0% vs prior year
Expenses (FY2024)
$20K
Net assets
$318K
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 Felix M Katar 65534 Nect— 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 rating186 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 Felix M Katar 65534 Nect: 186 mo reserves · -25% 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 Felix M Katar 65534 Nect— 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 Felix M Katar 65534 Nect: 1 of 5 disclosure signals earns a D 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
- —
Financial trends
Revenue declined from $26K (FY2013) to $16K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $318K
Operating margin
-25.4%
Spent more than it raised in the latest fiscal year.
Total assets
$318K
Total liabilities
$0
Net assets
$318K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,345▲12.0% | $20,493▼17.6% | $318,108▼1.2% | $318,108▼1.2% | 990PF |
| 2023 | $14,589▲925% | $24,867▲3.5% | $322,094▼3.1% | $322,094▼3.1% | 990PF |
| 2022 | $1,423▼93.0% | $24,016▼1.8% | $332,486▼6.3% | $332,486▼6.3% | 990PF |
| 2021 | $20,401▼20.6% | $24,458▲5.2% | $354,894▼1.1% | $354,894▼1.1% | 990PF |
| 2020 | $25,709▲149% | $23,259▲0.2% | $358,954▲0.5% | $358,954▲0.5% | 990PF |
| 2019 | $10,305▼82.6% | $23,215▲2.0% | $357,299▼3.4% | $357,299▼3.4% | 990PF |
| 2018 | $59,177▲179% | $22,767▲3.9% | $369,935▲10.9% | $369,935▲10.9% | 990PF |
| 2017 | $21,201▲13.3% | $21,917▲2.5% | $333,517▼0.2% | $333,517▼0.2% | 990PF |
| 2016 | $18,710▲23.5% | $21,375▼7.5% | $334,235▼0.8% | $334,235▼0.8% | 990PF |
| 2015 | $15,148▼50.9% | $23,097▼1.2% | $336,900▼2.3% | $336,900▼2.3% | 990PF |
| 2014 | $30,821▲19.3% | $23,381▼7.9% | $344,846▲2.2% | $344,846▲2.2% | 990PF |
| 2013 | $25,830 | $25,390▲37.8% | $337,407▲0.1% | $337,407▲0.1% | 990PF |
| 2012 | — | $18,424▲0.8% | $336,967▲31.9% | $336,967▲31.9% | 990PF |
| 2011 | — | $18,281▲6.5% | $255,442▲2.0% | $255,442▲2.0% | 990PF |
| 2010 | — | $17,164 | $250,451 | $250,451 | 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 Felix M Katar 65534 Nect a legitimate nonprofit?
- Yes. Felix M Katar 65534 Nect is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 23-6513481, based in Pittsburgh, Pennsylvania.
- What is Felix M Katar 65534 Nect's EIN?
- Felix M Katar 65534 Nect's Employer Identification Number (EIN) is 23-6513481.
- How much revenue does Felix M Katar 65534 Nect report?
- Felix M Katar 65534 Nect reported $16,345 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Felix M Katar 65534 Nect have?
- CharityIndex grades Felix M Katar 65534 Nect D, based on financial health (reserves and operating margin).
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Data for Felix M Katar 65534 Nect (EIN 23-6513481) 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.