Walter R Sylvester Memorial Scholarship Tr is a 501(c)(3) organization based in Monaca, Pennsylvania, registered in 2005, with $6,019 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$6,019
▼ 37.1% vs prior year
Education median: $200K
Expenses (FY2025)
$40K
Net assets
$315K
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 Walter R Sylvester Memorial Scholarship Tr— 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 Walter R Sylvester Memorial Scholarship Tr: 94 mo reserves · -568% 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 Walter R Sylvester Memorial Scholarship Tr— 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 Walter R Sylvester Memorial Scholarship Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $61K (FY2014) to $6,019 (FY2025) across 12 reported years.
Financial snapshot
Operating margin
-567.8%
Spent more than it raised in the latest fiscal year.
Total assets
$315K
Total liabilities
$0
Net assets
$315K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $6,019▼37.1% | $40,193▼4.8% | $314,974▼9.8% | $314,974▼9.8% | 990PF |
| 2024 | $9,568▼5.1% | $42,200▲0.4% | $349,148▼8.5% | $349,148▼8.5% | 990PF |
| 2023 | $10,082▲325% | $42,043▲5.1% | $381,780▼7.7% | $381,780▼7.7% | 990PF |
| 2022 | $2,373▼96.0% | $40,015▼9.1% | $413,741▼8.3% | $413,741▼8.3% | 990PF |
| 2021 | $60,058▼1.0% | $44,023▼4.4% | $451,383▲3.7% | $451,383▲3.7% | 990PF |
| 2020 | $60,642▼4.5% | $46,050▲4.5% | $435,348▲3.5% | $435,348▲3.5% | 990PF |
| 2019 | $63,516▲0.7% | $44,046▼4.3% | $420,756▲4.9% | $420,756▲4.9% | 990PF |
| 2018 | $63,055▲2.0% | $46,033▲4.6% | $401,286▲4.4% | $401,286▲4.4% | 990PF |
| 2017 | $61,844▲1.6% | $44,024▲22.2% | $384,264▲4.9% | $384,264▲4.9% | 990PF |
| 2016 | $60,884▲0.4% | $36,022▲19.4% | $366,444▲7.3% | $366,444▲7.3% | 990PF |
| 2015 | $60,661▲0.1% | $30,160▲21.7% | $341,582▲9.8% | $341,582▲9.8% | 990PF |
| 2014 | $60,586 | $24,781▲105% | $311,081▲29.2% | $311,081▲29.2% | 990PF |
| 2012 | — | $12,062 | $240,769 | $240,769 | 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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Data for Walter R Sylvester Memorial Scholarship Tr (EIN 20-6365186) 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.