Walter & Cecile Borchert Scholarship Fund
501(c)(3)
Only null% goes to programs Strong reserves Declining revenue
Walter & Cecile Borchert Scholarship Fund is a 501(c)(3) organization based in Buffalo, New York, registered in 1993, with $46,524 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1504, Buffalo, NY, 14240 EIN 16-6384392 Since 1993
Revenue (FY2024)
$47K
▲ 74.4% vs prior year
Expenses (FY2024)
$44K
Net assets
$619K
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 Walter & Cecile Borchert Scholarship Fund— 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 rating169 mo reserves · +6% 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 Walter & Cecile Borchert Scholarship Fund: 169 mo reserves · +6% 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 Walter & Cecile Borchert Scholarship Fund— 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 Walter & Cecile Borchert Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $9,627 (FY2016) to $47K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $619K
Operating margin
5.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$619K
Total liabilities
$0
Net assets
$619K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $46,524▲74.4% | $43,867▲2.4% | $619,143▲0.3% | $619,143▲0.3% | 990PF |
| 2023 | $26,672▼12.2% | $42,853▼18.0% | $617,214▼2.6% | $617,214▼2.6% | 990PF |
| 2022 | $30,378▼56.9% | $52,228▲12.0% | $633,632▼3.4% | $633,632▼3.4% | 990PF |
| 2021 | $70,515▲315% | $46,642▼14.5% | $655,630▲3.8% | $655,630▲3.8% | 990PF |
| 2020 | $16,981▼35.8% | $54,554▲41.3% | $631,878▼5.6% | $631,878▼5.6% | 990PF |
| 2019 | $26,438▼20.6% | $38,604▼17.7% | $669,317▼1.5% | $669,317▼1.5% | 990PF |
| 2018 | $33,277▼45.6% | $46,918▼1.3% | $679,428▼2.0% | $679,428▼2.0% | 990PF |
| 2017 | $61,209▲536% | $47,520▲1.5% | $693,079▲2.0% | $693,079▲2.0% | 990PF |
| 2016 | $9,627 | $46,815 | $679,389 | $679,389 | 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 Walter & Cecile Borchert Scholarship Fund a legitimate nonprofit?
- Yes. Walter & Cecile Borchert Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-6384392, based in Buffalo, New York.
- What is Walter & Cecile Borchert Scholarship Fund's EIN?
- Walter & Cecile Borchert Scholarship Fund's Employer Identification Number (EIN) is 16-6384392.
- How much revenue does Walter & Cecile Borchert Scholarship Fund report?
- Walter & Cecile Borchert Scholarship Fund reported $46,524 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Walter & Cecile Borchert Scholarship Fund have?
- CharityIndex grades Walter & Cecile Borchert Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Walter & Cecile Borchert Scholarship Fund (EIN 16-6384392) 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.