Worcester R & Cornelia B Warner Library & Endowment Fund Nect
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Worcester R & Cornelia B Warner Library & Endowment Fund Nect is a 501(c)(92) organization based in Pittsburgh, Pennsylvania, registered in 1970, with $30,670 in FY2024 revenue. CharityIndex grades it C+.
500 1st Ave, Pittsburgh, PA, 15219 EIN 34-6512707 Since 1970
Revenue (FY2024)
$31K
▲ 74.6% vs prior year
Expenses (FY2024)
$34K
Net assets
$581K
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 Worcester R & Cornelia B Warner Library & Endowment Fund Nect— 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 rating203 mo reserves · -12% 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 Worcester R & Cornelia B Warner Library & Endowment Fund Nect: 203 mo reserves · -12% 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 Worcester R & Cornelia B Warner Library & Endowment Fund Nect— 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 Worcester R & Cornelia B Warner Library & Endowment Fund Nect: 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
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $26K (FY2013) to $31K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $581K
Operating margin
-11.9%
Spent more than it raised in the latest fiscal year.
Total assets
$581K
Total liabilities
$0
Net assets
$581K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,670▲74.6% | $34,312▼20.2% | $581,339▼0.6% | $581,339▼0.6% | 990PF |
| 2023 | $17,568▲200% | $43,013▲10.8% | $585,026▼4.2% | $585,026▼4.2% | 990PF |
| 2022 | -$17,576▼132% | $38,813▲6.1% | $610,708▼6.3% | $610,708▼6.3% | 990PF |
| 2021 | $54,692▲29.7% | $36,571▼12.9% | $651,530▲3.0% | $651,530▲3.0% | 990PF |
| 2020 | $42,176▼79.1% | $42,004▲28.5% | $632,713 | $632,713 | 990PF |
| 2019 | $202,152▲714% | $32,685▼9.0% | $632,792▲36.6% | $632,792▲36.6% | 990PF |
| 2018 | $24,834▼20.9% | $35,931▲10.5% | $463,329▼2.3% | $463,329▼2.3% | 990PF |
| 2017 | $31,391▲98.4% | $32,509▲3.3% | $474,425▼0.2% | $474,425▼0.2% | 990PF |
| 2016 | $15,823▼28.4% | $31,475▼7.0% | $475,544▼3.2% | $475,544▼3.2% | 990PF |
| 2015 | $22,100▼12.9% | $33,832▲5.7% | $491,196▼2.3% | $491,196▼2.3% | 990PF |
| 2014 | $25,374▼1.9% | $32,000▲12.0% | $502,928▼1.6% | $502,928▼1.6% | 990PF |
| 2013 | $25,865 | $28,575▲7.8% | $511,005▼0.2% | $511,005▼0.2% | 990PF |
| 2012 | — | $26,504▼3.5% | $511,773▼2.2% | $511,773▼2.2% | 990PF |
| 2011 | — | $27,456▲11.1% | $523,496▼2.6% | $523,496▼2.6% | 990PF |
| 2010 | — | $24,715 | $537,510 | $537,510 | 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 Worcester R & Cornelia B Warner Library & Endowment Fund Nect a legitimate nonprofit?
- Yes. Worcester R & Cornelia B Warner Library & Endowment Fund Nect is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 34-6512707, based in Pittsburgh, Pennsylvania.
- What is Worcester R & Cornelia B Warner Library & Endowment Fund Nect's EIN?
- Worcester R & Cornelia B Warner Library & Endowment Fund Nect's Employer Identification Number (EIN) is 34-6512707.
- How much revenue does Worcester R & Cornelia B Warner Library & Endowment Fund Nect report?
- Worcester R & Cornelia B Warner Library & Endowment Fund Nect reported $30,670 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Worcester R & Cornelia B Warner Library & Endowment Fund Nect have?
- CharityIndex grades Worcester R & Cornelia B Warner Library & Endowment Fund Nect C+, based on financial health (reserves and operating margin).
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Data for Worcester R & Cornelia B Warner Library & Endowment Fund Nect (EIN 34-6512707) 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.