Frank J Keane Scholarship Fund Local 169
Nonprofit profile at a glance
- EIN
- 237033185
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Elkins Park, PA, USA
- Phone
- 2156351696
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $21,982
- Expenses
- $10,120
- Assets
- $54,610
- Liabilities
- $1,200
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- ROBERT BRUNNER (TRUSTEE)
- SHANE REICE (TRUSTEE)
- RAYMOND TARNOWSKI (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing scholarship benefits to eligible employees of participating employers in the fund who are also active or retired members of local 169.
What it reported doing in 2024
Scholarships ranging from 1,250 to $2,500 wereprovided to 5 students, who were children of eligibleemployees of participating employers in the fund.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.3%; rating input score 30
- Program expense ratio: 65.9%; rating input score 66
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 54%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 5.4; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -17.9% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 17.1% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 30.3% of revenue deployed · 65.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $7K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.