J Russell & Gladys Irene Carmel Scholarship Endowment Fund 56m2012 is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2007, with $51,095 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$51K
▲ 127.3% vs prior year
Education median: $200K
Expenses (FY2024)
$37K
Net assets
$521K
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 J Russell & Gladys Irene Carmel Scholarship Endowment Fund 56m2012— 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 J Russell & Gladys Irene Carmel Scholarship Endowment Fund 56m2012: 169 mo reserves · +28% 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 J Russell & Gladys Irene Carmel Scholarship Endowment Fund 56m2012— 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 J Russell & Gladys Irene Carmel Scholarship Endowment Fund 56m2012: 2 of 5 disclosure signals earns a C 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.
Revenue grew from $20K (FY2013) to $51K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
27.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$521K
Total liabilities
$0
Net assets
$521K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,095▲127% | $36,895▲5.8% | $520,566▲2.8% | $520,566▲2.8% | 990PF |
| 2023 | $22,478▲190% | $34,885▲4.6% | $506,245▼2.4% | $506,245▼2.4% | 990PF |
| 2022 | $7,762▼60.3% | $33,341▼23.4% | $518,883▼4.2% | $518,883▼4.2% | 990PF |
| 2021 | $19,533▼58.8% | $43,545▲27.9% | $541,512▼4.2% | $541,512▼4.2% | 990PF |
| 2020 | $47,411▲346% | $34,035▲4.8% | $565,179▲3.6% | $565,179▲3.6% | 990PF |
| 2019 | $10,637▼78.3% | $32,477▲39.9% | $545,530▼3.8% | $545,530▼3.8% | 990PF |
| 2018 | $49,063▲160% | $23,217▼33.1% | $566,857▲4.8% | $566,857▲4.8% | 990PF |
| 2015 | $18,890▲41.3% | $34,710▼15.9% | $540,848▼2.8% | $540,848▼2.8% | 990PF |
| 2014 | $13,371▼31.9% | $41,278▲4.0% | $556,712▼5.0% | $556,712▼5.0% | 990PF |
| 2013 | $19,640 | $39,678▲85.8% | $585,951▼3.3% | $585,951▼3.3% | 990PF |
| 2012 | — | $21,350 | $605,989 | $605,989 | 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.
Explore more
Data for J Russell & Gladys Irene Carmel Scholarship Endowment Fund 56m2012 (EIN 34-7196952) 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.