Kerri A Welc Memorial Scholarship Foundation is a 501(c)(3) organization based in Scottdale, Pennsylvania, registered in 1994, with $3,767 in FY2022 revenue. CharityIndex grades it C.
Revenue (FY2022)
$3,767
▲ 492.3% vs prior year
Expenses (FY2022)
$1,898
Net assets
$82K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Kerri A Welc Memorial Scholarship Foundation— 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 Kerri A Welc Memorial Scholarship Foundation: 520 mo reserves · +50% 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 Kerri A Welc Memorial Scholarship Foundation— 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 Kerri A Welc Memorial Scholarship Foundation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $6,331 (FY2013) to $3,767 (FY2022) across 10 reported years.
Financial snapshot
Operating margin
49.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$82K
Total liabilities
$0
Net assets
$82K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $3,767▲492% | $1,898▲0.6% | $82,317▲2.3% | $82,317▲2.3% | 990PF |
| 2021 | $636▲3.6% | $1,887▼0.6% | $80,448 | $80,448 | 990PF |
| 2020 | $614▼13.6% | $1,898▲1.1% | $80,479▼1.6% | $80,479▼1.6% | 990PF |
| 2019 | $711▼74.6% | $1,878▼19.8% | $81,763▼1.4% | $81,763▼1.4% | 990PF |
| 2018 | $2,797▲39.4% | $2,341▼31.6% | $82,930▲0.6% | $82,930▲0.6% | 990PF |
| 2017 | $2,007▼65.6% | $3,423▲1.7% | $82,474▼1.7% | $82,474▼1.7% | 990PF |
| 2016 | $5,838▲1.2% | $3,367▼0.2% | $83,890▲4.5% | $83,890▲4.5% | 990PF |
| 2015 | $5,766▲2.5% | $3,375▼2.7% | $80,311▲3.1% | $80,311▲3.1% | 990PF |
| 2014 | $5,623▼11.2% | $3,468▼30.7% | $77,920▲2.8% | $77,920▲2.8% | 990PF |
| 2013 | $6,331 | $5,005▼2.0% | $75,765▲1.8% | $75,765▲1.8% | 990PF |
| 2012 | — | $5,108▲0.1% | $74,439▲1.7% | $74,439▲1.7% | 990PF |
| 2011 | — | $5,101▲45.8% | $73,216▲0.8% | $73,216▲0.8% | 990PF |
| 2010 | — | $3,498 | $72,652 | $72,652 | 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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Data for Kerri A Welc Memorial Scholarship Foundation (EIN 25-1735519) 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.