Lawerence K Cornelius Trust Fbo Lilian L Heck Scholarship Fund is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1974, with $17,740 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$18K
▲ 17.9% vs prior year
Expenses (FY2024)
$25K
Net assets
$359K
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 Lawerence K Cornelius Trust Fbo Lilian L Heck 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 →
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 Lawerence K Cornelius Trust Fbo Lilian L Heck Scholarship Fund: 175 mo reserves · -39% margin earns a D 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 Lawerence K Cornelius Trust Fbo Lilian L Heck 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 →
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 Lawerence K Cornelius Trust Fbo Lilian L Heck Scholarship Fund: 1 of 5 disclosure signals earns a D 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 declined from $23K (FY2013) to $18K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-38.6%
Spent more than it raised in the latest fiscal year.
Total assets
$359K
Total liabilities
$0
Net assets
$359K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,740▲17.9% | $24,592▼10.3% | $358,767▼1.4% | $358,767▼1.4% | 990PF |
| 2023 | $15,042▲612% | $27,412▲2.1% | $363,958▼2.8% | $363,958▼2.8% | 990PF |
| 2022 | $2,112▼90.9% | $26,856▼1.0% | $374,399▼5.7% | $374,399▼5.7% | 990PF |
| 2021 | $23,244▼15.1% | $27,138▲1.5% | $396,986▼0.9% | $396,986▼0.9% | 990PF |
| 2020 | $27,374▲117% | $26,731▲65.1% | $400,764▲0.4% | $400,764▲0.4% | 990PF |
| 2019 | $12,615▼69.8% | $16,190▼23.4% | $399,238▼0.8% | $399,238▼0.8% | 990PF |
| 2018 | $41,839▼30.3% | $21,135▲22.8% | $402,512▲5.3% | $402,512▲5.3% | 990PF |
| 2017 | $60,062▲15.9% | $17,208▼21.1% | $382,246▲12.6% | $382,246▲12.6% | 990PF |
| 2016 | $51,838▲154% | $21,812▼2.7% | $339,336▲9.7% | $339,336▲9.7% | 990PF |
| 2015 | $20,376▼12.1% | $22,415▲114% | $309,318▲0.4% | $309,318▲0.4% | 990PF |
| 2013 | $23,169 | $10,477▼3.5% | $307,944▲4.3% | $307,944▲4.3% | 990 |
| 2012 | — | $10,860▲14.4% | $295,252▼0.8% | $295,252▼0.8% | 990 |
| 2011 | — | $9,492▲1.2% | $297,691▼1.0% | $297,691▼1.0% | 990 |
| 2010 | — | $9,378 | $300,793 | $300,793 | 990 |
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 Lawerence K Cornelius Trust Fbo Lilian L Heck Scholarship Fund (EIN 25-6027584) 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.