Lorenz G Schumm Trust B
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Lorenz G Schumm Trust B is a 501(c)(92) organization based in Pittsburgh, Pennsylvania, with $7,114 in FY2024 revenue. CharityIndex grades it C+.
500 1st Ave, Pittsburgh, PA, 15219 EIN 35-6017854
Revenue (FY2024)
$7,114
▲ 108.1% vs prior year
Expenses (FY2024)
$8,311
Net assets
$136K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Lorenz G Schumm Trust B— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating197 mo reserves · -17% 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 Lorenz G Schumm Trust B: 197 mo reserves · -17% margin earns a C+ 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 Lorenz G Schumm Trust B— 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 Lorenz G Schumm Trust B: 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
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $15K (FY2013) to $7,114 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $136K
Operating margin
-16.8%
Spent more than it raised in the latest fiscal year.
Total assets
$136K
Total liabilities
$0
Net assets
$136K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,114▲108% | $8,311▼1.5% | $136,364▼0.9% | $136,364▼0.9% | 990PF |
| 2023 | $3,419▲2973% | $8,434▼10.7% | $137,612▼3.2% | $137,612▼3.2% | 990PF |
| 2022 | -$119▼101% | $9,444▲10.5% | $142,180▼6.4% | $142,180▼6.4% | 990PF |
| 2021 | $14,249▲198% | $8,550▼2.0% | $151,976▲3.9% | $151,976▲3.9% | 990PF |
| 2020 | $4,778▼78.2% | $8,728▲3.7% | $146,250▼2.8% | $146,250▼2.8% | 990PF |
| 2019 | $21,930▲88.1% | $8,419▼3.0% | $150,487▲9.9% | $150,487▲9.9% | 990PF |
| 2018 | $11,656▲17.0% | $8,675▲17.4% | $136,974▲2.2% | $136,974▲2.2% | 990PF |
| 2017 | $9,963▲44.6% | $7,392▼16.6% | $133,998▲2.0% | $133,998▲2.0% | 990PF |
| 2016 | $6,888▼27.3% | $8,863▲5.3% | $131,429▼1.5% | $131,429▼1.5% | 990PF |
| 2015 | $9,470▼16.9% | $8,415▲8.1% | $133,408▲0.8% | $133,408▲0.8% | 990PF |
| 2014 | $11,395▼22.9% | $7,785▲11.4% | $132,353▲2.4% | $132,353▲2.4% | 990PF |
| 2013 | $14,776 | $6,989▼22.2% | $129,201▲7.0% | $129,201▲7.0% | 990PF |
| 2012 | — | $8,988▲52.1% | $120,727▲0.3% | $120,727▲0.3% | 990PF |
| 2010 | — | $5,908 | $120,396 | $120,396 | 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.
Frequently asked questions
- Is Lorenz G Schumm Trust B a legitimate nonprofit?
- Yes. Lorenz G Schumm Trust B is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 35-6017854, based in Pittsburgh, Pennsylvania.
- What is Lorenz G Schumm Trust B's EIN?
- Lorenz G Schumm Trust B's Employer Identification Number (EIN) is 35-6017854.
- How much revenue does Lorenz G Schumm Trust B report?
- Lorenz G Schumm Trust B reported $7,114 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lorenz G Schumm Trust B have?
- CharityIndex grades Lorenz G Schumm Trust B C+, based on financial health (reserves and operating margin).
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Data for Lorenz G Schumm Trust B (EIN 35-6017854) 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.