Frank W Shalkop Charitable Tr Fbo Salvation Army is a 501(c)(3) organization based in Souderton, Pennsylvania, registered in 2017, with $52,656 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$53K
▲ 1224.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$14K
Net assets
$309K
Employees
—
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 W Shalkop Charitable Tr Fbo Salvation Army— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 W Shalkop Charitable Tr Fbo Salvation Army: 274 mo reserves · +74% margin earns a B+ on this criterion. See the exact thresholds →
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 W Shalkop Charitable Tr Fbo Salvation Army— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 W Shalkop Charitable Tr Fbo Salvation Army: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $4,639 (FY2016) to $53K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
74.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$309K
Total liabilities
$0
Net assets
$309K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $52,656▲1225% | $13,521▲5.0% | $308,731▲9.1% | $308,731▲9.1% | 990 |
| 2023 | -$4,682▼150% | $12,883▲21.8% | $283,076▼1.2% | $283,076▼1.2% | 990 |
| 2022 | $9,452▼66.4% | $10,581▼10.2% | $286,481▼1.8% | $286,481▼1.8% | 990 |
| 2021 | $28,107▲30.8% | $11,783▲22.4% | $291,817▲9.2% | $291,817▲9.2% | 990 |
| 2019 | $21,494▲49.9% | $9,627▲1.7% | $267,334▲4.5% | $267,334▲4.5% | 990EZ |
| 2018 | $14,335▲18.5% | $9,468▼30.7% | $255,931▲2.1% | $255,931▲2.1% | 990EZ |
| 2017 | $12,098▲161% | $13,667▲155% | $250,764▼0.4% | $250,764▼0.4% | 990EZ |
| 2016 | $4,639 | $5,367 | $251,726 | $251,726 | 990EZ |
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.
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Data for Frank W Shalkop Charitable Tr Fbo Salvation Army (EIN 38-7167848) 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.