Reed Smith Shaw & Mcclay Flexible Benefits Program Trust
501(c)(9)
Only null% goes to programs Declining revenue
Reed Smith Shaw & Mcclay Flexible Benefits Program Trust is a 501(c)(9) organization based in Pittsburgh, Pennsylvania, registered in 1990, with $1,883,162 in FY2024 revenue. CharityIndex grades it C+.
Po Box 535007, Pittsburgh, PA, 15253 EIN 25-1579629 Since 1990
Revenue (FY2024)
$1.9M
▼ 18.0% vs prior year
Expenses (FY2024)
$2.1M
Net assets
$1.0M
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 Reed Smith Shaw & Mcclay Flexible Benefits Program 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 rating6 mo reserves · -9% 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 Reed Smith Shaw & Mcclay Flexible Benefits Program Trust: 6 mo reserves · -9% 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 Reed Smith Shaw & Mcclay Flexible Benefits Program Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Reed Smith Shaw & Mcclay Flexible Benefits Program Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 535007, Pittsburgh, PA, 15253
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $31.5M (FY2013) to $1.9M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.0M
Operating margin
-9.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,883,162▼18.0% | $2,059,773▼69.2% | $1,022,981▼14.7% | $1,022,981▼14.7% | 990 |
| 2023 | $2,295,456▼17.8% | $6,697,837▲175% | $1,199,592▼78.6% | $1,199,592▼78.6% | 990 |
| 2022 | $2,793,961▲21.1% | $2,438,889▼52.7% | $5,601,973▲6.8% | $5,601,973▲6.8% | 990 |
| 2021 | $2,307,233▼93.6% | $5,154,451▼84.1% | $5,246,901▼35.2% | $5,246,901▼35.2% | 990 |
| 2020 | $36,010,941▲2.0% | $32,316,373▼8.3% | $8,094,119▲84.0% | $8,094,119▲84.0% | 990 |
| 2019 | $35,302,384▲9.2% | $35,256,266▲11.2% | $4,399,551▲1.1% | $4,399,551▲1.1% | 990 |
| 2018 | $32,325,904▲0.4% | $31,700,918▼2.3% | $4,353,433▲16.8% | $4,353,433▲16.8% | 990 |
| 2017 | $32,193,200▲104% | $32,454,287▲106% | $3,728,447▼23.8% | $3,728,447▼23.8% | 990 |
| 2015 | $15,760,639▼21.2% | $15,723,109▼33.0% | $4,895,574▲0.8% | $4,895,574▲0.8% | 990 |
| 2014 | $19,993,939▼36.4% | $23,459,843▼20.6% | $4,858,044▼41.6% | $4,858,044▼41.6% | 990 |
| 2013 | $31,460,949 | $29,565,013▲23.7% | $8,323,948▲29.5% | $8,323,948▲29.5% | 990 |
| 2012 | — | $23,906,329▼11.6% | $6,428,012▲50.2% | $6,428,012▲50.2% | 990 |
| 2011 | — | $27,040,512 | $4,279,970 | $4,279,970 | 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.
Frequently asked questions
- Is Reed Smith Shaw & Mcclay Flexible Benefits Program Trust a legitimate nonprofit?
- Yes. Reed Smith Shaw & Mcclay Flexible Benefits Program Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 25-1579629, based in Pittsburgh, Pennsylvania.
- What is Reed Smith Shaw & Mcclay Flexible Benefits Program Trust's EIN?
- Reed Smith Shaw & Mcclay Flexible Benefits Program Trust's Employer Identification Number (EIN) is 25-1579629.
- How much revenue does Reed Smith Shaw & Mcclay Flexible Benefits Program Trust report?
- Reed Smith Shaw & Mcclay Flexible Benefits Program Trust reported $1,883,162 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Reed Smith Shaw & Mcclay Flexible Benefits Program Trust have?
- CharityIndex grades Reed Smith Shaw & Mcclay Flexible Benefits Program Trust C+, based on financial health (reserves and operating margin).
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Data for Reed Smith Shaw & Mcclay Flexible Benefits Program Trust (EIN 25-1579629) 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.