Frank H Kraft Scholarship Trust
Only null% goes to programs Strong reserves Declining revenue
Frank H Kraft Scholarship Trust is a 501(c)(3) organization based in Wheeling, West Virginia, registered in 1999, with $95,129 in FY2024 revenue. CharityIndex grades it C+.
1 Bank Plz, Wheeling, WV, 26003 EIN 55-6014337 Since 1999
Revenue (FY2024)
$95K
▲ 251.8% vs prior year
Education median: $200K
Expenses (FY2024)
$91K
Net assets
$972K
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 Frank H Kraft Scholarship Trust— 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 rating128 mo reserves · +4% 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 Frank H Kraft Scholarship Trust: 128 mo reserves · +4% 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 Frank H Kraft Scholarship Trust— 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 Frank H Kraft Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1 Bank Plz, Wheeling, WV, 26003
- City
- Wheeling
- State
- West Virginia
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $125K (FY2013) to $95K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $972K
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$972K
Total liabilities
$0
Net assets
$972K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $95,129▲252% | $91,485▼0.2% | $972,271▲0.4% | $972,271▲0.4% | 990PF |
| 2023 | $27,038▼82.8% | $91,628▼3.1% | $968,627▼6.3% | $968,627▼6.3% | 990PF |
| 2022 | $157,134▲2.3% | $94,595▲5.6% | $1,033,217▲6.5% | $1,033,217▲6.5% | 990PF |
| 2021 | $153,533▲65.7% | $89,594▲4.5% | $969,998▲7.1% | $969,998▲7.1% | 990PF |
| 2020 | $92,630▲110% | $85,695▼2.4% | $906,059▲0.8% | $906,059▲0.8% | 990PF |
| 2019 | $44,088▼43.9% | $87,803▼0.7% | $899,124▼4.6% | $899,124▼4.6% | 990PF |
| 2018 | $78,530▼32.5% | $88,393▼0.7% | $942,839▼1.0% | $942,839▼1.0% | 990PF |
| 2017 | $116,288▲136% | $88,985▼2.7% | $952,702▲3.1% | $952,702▲3.1% | 990PF |
| 2016 | $49,217▼36.2% | $91,482▲2.1% | $924,435▼4.2% | $924,435▼4.2% | 990PF |
| 2015 | $77,110▼9.1% | $89,587▼1.4% | $965,194▼1.3% | $965,194▼1.3% | 990PF |
| 2014 | $84,855▼32.1% | $90,835▲7.7% | $977,771▼0.6% | $977,771▼0.6% | 990PF |
| 2013 | $124,995 | $84,359▲1.9% | $983,751▲4.3% | $983,751▲4.3% | 990PF |
| 2012 | — | $82,812 | $943,053 | $943,053 | 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.
Similar organizations in Education
- Education
South Charleston Chamber of Commerce Educational Foundation In
S Charleston, WV
$0
annual revenue
- Education
Fayetteville Elementary School Parent Teacher Organization
Fayetteville, WV
$0
annual revenue
- Education
Nicholas County High School Band Boosters
Summersville, WV
$0
annual revenue
Education
Big Red Crew Inc
Parkersburg, WV
$0
C+annual revenue
- Education
Horace Mann Middle School Parent- Teacher Organization
Charleston, WV
$0
annual revenue
- Education
Riverside Hs Project Graduation 2011 Committee
Belle, WV
$0
annual revenue
- Education
Christian Home Educators of West Virginia LLC
Bridgeport, WV
$0
annual revenue
Education
Big Red Band Boosters Association
Parkersburg, WV
$0
Bannual revenue
- Education
Divide Elementary School PTO
Lookout, WV
$0
annual revenue
- Education
Brookhaven Parents Group
Morgantown, WV
$0
annual revenue
Compare Frank H Kraft Scholarship Trust
Frequently asked questions
- Is Frank H Kraft Scholarship Trust a legitimate nonprofit?
- Yes. Frank H Kraft Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-6014337, based in Wheeling, West Virginia. Donations are tax-deductible.
- What is Frank H Kraft Scholarship Trust's EIN?
- Frank H Kraft Scholarship Trust's Employer Identification Number (EIN) is 55-6014337.
- How much revenue does Frank H Kraft Scholarship Trust report?
- Frank H Kraft Scholarship Trust reported $95,129 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frank H Kraft Scholarship Trust have?
- CharityIndex grades Frank H Kraft Scholarship Trust C+, based on financial health (reserves and operating margin).
More nonprofits in Wheeling
Explore more
Data for Frank H Kraft Scholarship Trust (EIN 55-6014337) 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.