Harold J Klarreich Scholarship Foundation of the Cleveland Area is a 501(c)(3) organization based in Broadview Heights, Ohio, registered in 2014, with $8,887 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$8,887
▲ 16.6% vs prior year
Education median: $200K
Expenses (FY2024)
$9,199
Net assets
$145K
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 Harold J Klarreich Scholarship Foundation of the Cleveland Area— 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 Harold J Klarreich Scholarship Foundation of the Cleveland Area: 189 mo reserves · -4% 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 Harold J Klarreich Scholarship Foundation of the Cleveland Area— 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 Harold J Klarreich Scholarship Foundation of the Cleveland Area: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2,475 (FY2014) to $8,887 (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-3.5%
Spent more than it raised in the latest fiscal year.
Total assets
$145K
Net assets
$145K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,887▲16.6% | $9,199▼44.6% | $144,937▲6.6% | $144,937▲6.6% | 990EZ |
| 2023 | $7,623▲255% | $16,605▲16.3% | $135,905▲6.3% | $135,905▲6.3% | 990EZ |
| 2022 | -$4,927▼136% | $14,276▼3.6% | $127,815▼22.6% | $127,815▼22.6% | 990EZ |
| 2021 | $13,650▲203% | $14,816▲96.2% | $165,210▲15.3% | $165,210▲15.3% | 990EZ |
| 2020 | -$13,293▼168% | $7,551▼33.7% | $143,323▼2.1% | $143,323▼2.1% | 990EZ |
| 2019 | $19,569▲161% | $11,396▼11.9% | $146,408▲8.5% | $146,408▲8.5% | 990EZ |
| 2018 | $7,500▲46.5% | $12,942▲22.5% | $134,998▼0.8% | $134,998▼0.8% | 990EZ |
| 2017 | $5,118▲20.1% | $10,568▲155% | $136,040▼3.9% | $136,040▼3.9% | 990EZ |
| 2016 | $4,262▼32.2% | $4,151▼17.3% | $141,490▲0.1% | $141,490▲0.1% | 990EZ |
| 2015 | $6,290▲154% | $5,017▼62.4% | $141,379▼6.2% | $141,379▼6.2% | 990EZ |
| 2014 | $2,475 | $13,351 | $150,676 | $150,676 | 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 Harold J Klarreich Scholarship Foundation of the Cleveland Area (EIN 34-1753196) 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.