Msc Foundation

Nonprofit profile at a glance

EIN
460639843
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Pittsburgh, PA, USA
Phone
4127065160
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Energy Resources Conservation and Development

Reported finances

Revenue
$31,878
Expenses
$8,931
Assets
$815,420
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DAVID CALLAHAN (CEO)
  • ROBERT PETRILLI (PRESIDENT)

Highest reported compensation

  • DAVID CALLAHAN (CEO): $454,693 total reported compensation
  • ROBERT PETRILLI (PRESIDENT): $358,867 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support the marcellus shale coalition.

What it reported doing in 2024

The msc foundation was formed to educate the general public about the development of the marcellus and other geological shale formations and the production of natural gas from shale. Its educational campaigns and community engagement have included and/or will include the following:- learn about shale: the public campaign provided information regarding the marcellus shale and production of natural gas from shale. The campaign also provided a forum for the public to ask questions about shale development in response to educational materials available.- educational videos regarding shale energy development activities and highlights.(continued on schedule o)- scholarship funding for students studying in the energy field.- funded the economic impact study of marcellus shale development upon Washington county, Pennsylvania where activity related to the development of the marcellus shale is concentrated.- funded conservation tree planting, envirothon, trails, and farm show programs.- funded thank you lunches for pandemic healthcare workers.- funding provided to dollar energy funds, make-a-wish programs, hunters sharing the harvest and food bank services.

Operating model

Revenue model
Investment-supported. 98% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 60
  • Accountability: 72
  • Sustainability: 80
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.6%; rating input score 29
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 25th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 72%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 91.3; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 688%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -26.1% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 24% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 0.2% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 28.6% of revenue deployed · 100% of spending went to programs
  • Governance: 4 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $9K in reported program spending
  • Leadership: top reported pay $455K · 6 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 10 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.