Trust C Under Will of Norman C Ray Nect is a 501(c)(92) organization based in Allison Park, Pennsylvania, registered in 1978, with $44,780 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$45K
▼ 81.4% vs prior year
Expenses (FY2024)
$158K
Net assets
$710K
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 Trust C Under Will of Norman C Ray Nect— 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 Trust C Under Will of Norman C Ray Nect: 54 mo reserves · -252% margin earns a F 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 Trust C Under Will of Norman C Ray Nect— 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 Trust C Under Will of Norman C Ray Nect: 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 $181K (FY2015) to $45K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-251.8%
Spent more than it raised in the latest fiscal year.
Total assets
$710K
Total liabilities
$0
Net assets
$710K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $44,780▼81.4% | $157,535▼1.6% | $710,309▼13.7% | $710,309▼13.7% | 990PF |
| 2023 | $240,501▲498% | $160,145▼0.9% | $823,064▲10.8% | $823,064▲10.8% | 990PF |
| 2022 | $40,194▲36.7% | $161,598▲7.3% | $742,708▼15.1% | $742,708▼15.1% | 990PF |
| 2021 | $29,409▼23.4% | $150,660▲22.0% | $874,668▼12.2% | $874,668▼12.2% | 990PF |
| 2020 | $38,384▼41.1% | $123,492▲1.1% | $996,085▼7.9% | $996,085▼7.9% | 990PF |
| 2019 | $65,164▲165% | $122,092▼3.6% | $1,081,447▼4.8% | $1,081,447▼4.8% | 990PF |
| 2018 | $24,634▼46.0% | $126,699▲2.8% | $1,136,543▼8.2% | $1,136,543▼8.2% | 990PF |
| 2017 | $45,645▼9.2% | $123,294▼18.0% | $1,238,357▼5.7% | $1,238,357▼5.7% | 990PF |
| 2016 | $50,267▼72.2% | $150,371▲258% | $1,313,506▼7.1% | $1,313,506▼7.1% | 990PF |
| 2015 | $180,964 | $42,012 | $1,413,610 | $1,413,610 | 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.
Explore more
Data for Trust C Under Will of Norman C Ray Nect (EIN 25-6186356) 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.