Olson L Anderson & Catherine Bastow Anderson Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Olson L Anderson & Catherine Bastow Anderson Scholarship Trust is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1987, with $102,090 in FY2024 revenue. CharityIndex grades it B.
500 1st Ave, Pittsburgh, PA, 15219 EIN 38-6345071 Since 1987
Revenue (FY2024)
$102K
▲ 101.5% vs prior year
Expenses (FY2024)
$72K
Net assets
$1.1M
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 Olson L Anderson & Catherine Bastow Anderson Scholarship Trust— 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 rating182 mo reserves · +30% 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 Olson L Anderson & Catherine Bastow Anderson Scholarship Trust: 182 mo reserves · +30% 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 Olson L Anderson & Catherine Bastow Anderson Scholarship Trust— 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 Olson L Anderson & Catherine Bastow Anderson Scholarship Trust: 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 grew from $50K (FY2013) to $102K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.1M
Operating margin
29.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $102,090▲101% | $71,738▲11.7% | $1,090,012▲2.9% | $1,090,012▲2.9% | 990PF |
| 2023 | $50,668▲350% | $64,222▼6.3% | $1,059,422▼1.3% | $1,059,422▼1.3% | 990PF |
| 2022 | $11,269▼73.7% | $68,574▼9.3% | $1,073,514▼5.0% | $1,073,514▼5.0% | 990PF |
| 2021 | $42,820▼56.8% | $75,568▲10.0% | $1,130,507▼2.9% | $1,130,507▼2.9% | 990PF |
| 2020 | $99,020▲298% | $68,719▲24.7% | $1,164,849▲2.6% | $1,164,849▲2.6% | 990PF |
| 2019 | $24,890▼85.2% | $55,093▲26.3% | $1,135,531▼2.6% | $1,135,531▼2.6% | 990PF |
| 2018 | $167,649▲365% | $43,623▼14.2% | $1,166,226▲15.9% | $1,166,226▲15.9% | 990PF |
| 2015 | $36,091▼55.6% | $50,859▼1.1% | $1,006,313▼1.4% | $1,006,313▼1.4% | 990PF |
| 2014 | $81,309▲62.0% | $51,421▼22.2% | $1,020,727▲3.0% | $1,020,727▲3.0% | 990PF |
| 2013 | $50,191 | $66,055 | $991,288 | $991,288 | 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 Olson L Anderson & Catherine Bastow Anderson Scholarship Trust a legitimate nonprofit?
- Yes. Olson L Anderson & Catherine Bastow Anderson Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6345071, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Olson L Anderson & Catherine Bastow Anderson Scholarship Trust's EIN?
- Olson L Anderson & Catherine Bastow Anderson Scholarship Trust's Employer Identification Number (EIN) is 38-6345071.
- How much revenue does Olson L Anderson & Catherine Bastow Anderson Scholarship Trust report?
- Olson L Anderson & Catherine Bastow Anderson Scholarship Trust reported $102,090 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Olson L Anderson & Catherine Bastow Anderson Scholarship Trust have?
- CharityIndex grades Olson L Anderson & Catherine Bastow Anderson Scholarship Trust B, based on financial health (reserves and operating margin).
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Data for Olson L Anderson & Catherine Bastow Anderson Scholarship Trust (EIN 38-6345071) 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.