Kerri a Welc Memorial Scholarship Foundation

Nonprofit profile at a glance

EIN
251735519
IRS 990-PF coverage
2010–2022
Forms available
Form 990-PF 2022
Location
Scottdale, PA, USA
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$3,767
Expenses
$1,898

Source: IRS Form 990-PF. Selected filing: tax year 2022. Amounts in USD.

Overview

Mission

Kerri a Welc Memorial Scholarship Foundation is a nonprofit. Location: Scottdale, PA. EIN 251735519.

What it reported funding in 2022

The foundation reported 1 filed grant row totaling $1,500. The stated grant purpose was scholarship.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

SUPPORTED - The filing identifies who received its grants and a large share of spending goes to grants. A relatively small share of available resources goes to charitable grants.

Rating breakdown

  • Grant Deployment: 37
  • Cost Efficiency: 79
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 97

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 36.9%; rating input score 37; 16th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 79%; rating input score 79; 63rd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: Limited
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 54.88; rating input score 97; 97th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 36.9% grant deployment rate
  • Trustees: Filed trustees detail
  • Investments: 97th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 13 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Grant Deployment: Grant deployment ratio scored 37/100.