Velma & Bertha D Schreus Fund
Only null% goes to programs Strong reserves Declining revenue
Velma & Bertha D Schreus Fund is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2019, with $19,980 in FY2024 revenue. CharityIndex grades it C+.
500 1st Ave, Pittsburgh, PA, 15219 EIN 25-6156851 Since 2019
Revenue (FY2024)
$20K
▲ 161.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$22K
Net assets
$336K
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 Velma & Bertha D Schreus Fund— 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 rating183 mo reserves · -10% 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 Velma & Bertha D Schreus Fund: 183 mo reserves · -10% 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 Velma & Bertha D Schreus Fund— 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 Velma & Bertha D Schreus Fund: 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
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $29K (FY2013) to $20K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $336K
Operating margin
-10.3%
Spent more than it raised in the latest fiscal year.
Total assets
$336K
Total liabilities
$0
Net assets
$336K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,980▲161% | $22,037▲0.3% | $336,105▼0.7% | $336,105▼0.7% | 990PF |
| 2023 | $7,648▲764% | $21,966▼8.0% | $338,311▼4.0% | $338,311▼4.0% | 990PF |
| 2022 | $885▼97.4% | $23,870▲10.6% | $352,307▼6.1% | $352,307▼6.1% | 990PF |
| 2021 | $34,103▲217% | $21,592▼2.7% | $375,074▲3.5% | $375,074▲3.5% | 990PF |
| 2020 | $10,759▼80.1% | $22,186▲16.2% | $362,511▼3.2% | $362,511▼3.2% | 990PF |
| 2019 | $53,974▲85.2% | $19,088▲1.5% | $374,649▲12.6% | $374,649▲12.6% | 990PF |
| 2013 | $29,142 | $18,815▼12.5% | $332,837▲3.2% | $332,837▲3.2% | 990PF |
| 2012 | — | $21,503▲53.8% | $322,510▲10.6% | $322,510▲10.6% | 990PF |
| 2011 | — | $13,982 | $291,498 | $291,498 | 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.
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Frequently asked questions
- Is Velma & Bertha D Schreus Fund a legitimate nonprofit?
- Yes. Velma & Bertha D Schreus Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-6156851, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Velma & Bertha D Schreus Fund's EIN?
- Velma & Bertha D Schreus Fund's Employer Identification Number (EIN) is 25-6156851.
- How much revenue does Velma & Bertha D Schreus Fund report?
- Velma & Bertha D Schreus Fund reported $19,980 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Velma & Bertha D Schreus Fund have?
- CharityIndex grades Velma & Bertha D Schreus Fund C+, based on financial health (reserves and operating margin).
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Data for Velma & Bertha D Schreus Fund (EIN 25-6156851) 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.