Hazen A & Rowena P Hafer University of Michigan Scholarship Fund
Only null% goes to programs Strong reserves Declining revenue
Hazen A & Rowena P Hafer University of Michigan Scholarship Fund is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1997, with $21,258 in FY2024 revenue. CharityIndex grades it B.
500 1st Ave, Pittsburgh, PA, 15219 EIN 38-6531865 Since 1997
Revenue (FY2024)
$21K
▲ 151.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$22K
Net assets
$359K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Hazen A & Rowena P Hafer University of Michigan Scholarship Fund— 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 rating200 mo reserves · -1% 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 Hazen A & Rowena P Hafer University of Michigan Scholarship Fund: 200 mo reserves · -1% 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 Hazen A & Rowena P Hafer University of Michigan Scholarship 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 Hazen A & Rowena P Hafer University of Michigan Scholarship 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
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $49K (FY2013) to $21K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $359K
Operating margin
-1.4%
Spent more than it raised in the latest fiscal year.
Total assets
$359K
Total liabilities
$0
Net assets
$359K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,258▲152% | $21,549▲1.1% | $359,059▼0.1% | $359,059▼0.1% | 990PF |
| 2023 | $8,449▲953% | $21,311▼26.4% | $359,407▼3.4% | $359,407▼3.4% | 990PF |
| 2022 | -$990▼103% | $28,938▲21.3% | $372,022▼7.4% | $372,022▼7.4% | 990PF |
| 2021 | $37,697▲221% | $23,853▲6.8% | $401,732▲3.6% | $401,732▲3.6% | 990PF |
| 2020 | $11,754▼79.8% | $22,331▼0.1% | $387,850▼2.8% | $387,850▼2.8% | 990PF |
| 2019 | $58,210▲237% | $22,343▼1.3% | $399,204▲9.9% | $399,204▲9.9% | 990PF |
| 2018 | $17,298▼37.6% | $22,642▲11.7% | $363,332▼1.6% | $363,332▼1.6% | 990PF |
| 2017 | $27,736▲195% | $20,264▼7.5% | $369,087▲2.1% | $369,087▲2.1% | 990PF |
| 2016 | $9,388▼89.1% | $21,899▲15.3% | $361,615▼3.3% | $361,615▼3.3% | 990PF |
| 2015 | $86,272▲196% | $18,994▼5.9% | $374,123▲21.9% | $374,123▲21.9% | 990PF |
| 2014 | $29,157▼40.0% | $20,193▲2.1% | $306,843▲3.0% | $306,843▲3.0% | 990PF |
| 2013 | $48,623 | $19,780 | $297,879 | $297,879 | 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.
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Compare Hazen A & Rowena P Hafer University of Michigan Scholarship Fund
Frequently asked questions
- Is Hazen A & Rowena P Hafer University of Michigan Scholarship Fund a legitimate nonprofit?
- Yes. Hazen A & Rowena P Hafer University of Michigan Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6531865, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Hazen A & Rowena P Hafer University of Michigan Scholarship Fund's EIN?
- Hazen A & Rowena P Hafer University of Michigan Scholarship Fund's Employer Identification Number (EIN) is 38-6531865.
- How much revenue does Hazen A & Rowena P Hafer University of Michigan Scholarship Fund report?
- Hazen A & Rowena P Hafer University of Michigan Scholarship Fund reported $21,258 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hazen A & Rowena P Hafer University of Michigan Scholarship Fund have?
- CharityIndex grades Hazen A & Rowena P Hafer University of Michigan Scholarship Fund B, based on financial health (reserves and operating margin).
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Data for Hazen A & Rowena P Hafer University of Michigan Scholarship Fund (EIN 38-6531865) 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.