J R Hyde Jr Scholarship Fund
J R Hyde Jr Scholarship Fund consistently directs 100% of expenses to programs with zero officer compensation.
EIN: 136967610 · Pittsburgh, PA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $731K |
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $13.4M |
| Transparency Score | 98/100 |
Is J R Hyde Jr Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J R Hyde Jr Scholarship Fund directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J R Hyde Jr Scholarship Fund
J R Hyde Jr Scholarship Fund (EIN: 136967610) is a nonprofit organization based in Pittsburgh, PA. The organization reported total revenue of $5.3M and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J R Hyde Jr Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J R Hyde Jr Scholarship Fund is a mid-size nonprofit that has been operating for 35 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $731K |
| Surplus / Deficit | +$592K |
| Total Assets | $13.4M |
| Total Liabilities | $1 |
| Net Assets | $13.4M |
| Operating Margin | 44.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 219.8 months |
Financial Health Grade: A
In 2024, J R Hyde Jr Scholarship Fund reported a surplus of $592K with revenue exceeding expenses, holds 219.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), J R Hyde Jr Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.6% | +1.5% | +5.4% |
| 2023 | +3.1% | -4.3% | +2.9% |
| 2022 | -39.0% | +6.7% | +3.5% |
| 2021 | +202.2% | -19.3% | +10.8% |
| 2020 | -55.0% | +22.1% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates J R Hyde Jr Scholarship Fund with a Mission Score of 98 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, J R Hyde Jr Scholarship Fund allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $592K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating that no officers or key employees receive salaries from the organization. This is highly unusual and suggests either an all-volunteer leadership or that compensation is covered by an affiliated entity, but based on the filings, 100% of expenses are program-related.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of J R Hyde Jr Scholarship Fund's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code can sometimes make it harder to categorize and compare the organization's mission and activities with peers.
Strengths
The following positive indicators were identified for J R Hyde Jr Scholarship Fund:
- 100% Program Spending: All reported expenses are directed towards program services, indicating maximum impact.
- Zero Officer Compensation: No salaries are paid to officers, maximizing funds for the mission.
- Consistent Asset Growth: Assets have steadily increased from $9.9M to $13.3M over the last decade, demonstrating strong financial health.
- Low Liabilities: Consistently reports minimal liabilities ($0 or $1), indicating excellent financial management and solvency.
- Stable Expense Management: Expenses have remained relatively consistent, showing predictable operational costs despite revenue fluctuations.
Frequently Asked Questions about J R Hyde Jr Scholarship Fund
Is J R Hyde Jr Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, J R Hyde Jr Scholarship Fund (EIN: 136967610) some concerns. Mission Score: 98/100. 1 red flag identified, 5 strengths noted.
How does J R Hyde Jr Scholarship Fund spend its money?
J R Hyde Jr Scholarship Fund directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to J R Hyde Jr Scholarship Fund tax-deductible?
J R Hyde Jr Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 136967610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the J R Hyde Jr Scholarship Fund CEO make?
J R Hyde Jr Scholarship Fund's highest-compensated officer earns $0 annually. The organization reported $5.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is J R Hyde Jr Scholarship Fund located?
J R Hyde Jr Scholarship Fund is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 136967610.
How many years of IRS 990 filings does J R Hyde Jr Scholarship Fund have?
J R Hyde Jr Scholarship Fund has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.3M in total revenue.
Is J R Hyde Jr Scholarship Fund a good charity?
Based on the provided IRS 990 data, the J R Hyde Jr Scholarship Fund appears to be an excellent charity. It consistently reports 100% of its expenses going to programs, has zero officer compensation, and demonstrates strong financial stability with growing assets.
How does the organization manage to have zero officer compensation?
The filings consistently show $0 for officer compensation. This could mean that the leadership is entirely volunteer-based, or that any administrative costs, including potential compensation, are covered by an affiliated entity or through other means not reflected as direct expenses of the scholarship fund itself. The filings indicate all expenses are program-related.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $9,947,613 in 201307 to $13,389,238 in 202407, indicating strong financial management and growth of its endowment or investment portfolio.
How stable is the organization's revenue?
Revenue has fluctuated year-to-year, ranging from a low of $336,846 in 201207 to a high of $1,885,463 in 202107. However, expenses have remained relatively stable, typically in the $700,000 range, suggesting the organization can manage varying revenue streams effectively while maintaining its program delivery.
Filing History
IRS 990 filing history for J R Hyde Jr Scholarship Fund showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), J R Hyde Jr Scholarship Fund's revenue has grown by 80.8%, moving from $732K to $1.3M. Total assets increased by 31% over the same period, from $10.2M to $13.4M. Total functional expenses rose by 1.5%, from $720K to $731K. In its most recent filing year (2024), J R Hyde Jr Scholarship Fund reported a surplus of $592K, with revenue exceeding expenses. The organization holds $1 in liabilities against $13.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $731K | $13.4M | $1 | — | View 990 |
| 2023 | $1.2M | $721K | $12.7M | $1 | — | View 990 |
| 2022 | $1.1M | $753K | $12.3M | $1 | — | View 990 |
| 2021 | $1.9M | $706K | $11.9M | $1 | — | View 990 |
| 2020 | $624K | $874K | $10.8M | $1 | — | View 990 |
| 2019 | $1.4M | $716K | $11.0M | $0 | — | View 990 |
| 2015 | $983K | $658K | $10.5M | $0 | — | View 990 |
| 2014 | $849K | $611K | $10.2M | $0 | — | View 990 |
| 2013 | $730K | $1.1M | $9.9M | $0 | — | View 990 |
| 2012 | $337K | $268K | $10.3M | $0 | — | View 990 |
| 2011 | $732K | $720K | $10.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.3M, expenses of $731K, and assets of $13.4M (revenue +11.6% year-over-year).
- 2023: Revenue of $1.2M, expenses of $721K, and assets of $12.7M (revenue +3.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $753K, and assets of $12.3M (revenue -39.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $706K, and assets of $11.9M (revenue +202.2% year-over-year).
- 2020: Revenue of $624K, expenses of $874K, and assets of $10.8M (revenue -55.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $716K, and assets of $11.0M (revenue +41.2% year-over-year).
- 2015: Revenue of $983K, expenses of $658K, and assets of $10.5M (revenue +15.9% year-over-year).
- 2014: Revenue of $849K, expenses of $611K, and assets of $10.2M (revenue +16.3% year-over-year).
- 2013: Revenue of $730K, expenses of $1.1M, and assets of $9.9M (revenue +116.6% year-over-year).
- 2012: Revenue of $337K, expenses of $268K, and assets of $10.3M (revenue -54.0% year-over-year).
- 2011: Revenue of $732K, expenses of $720K, and assets of $10.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J R Hyde Jr Scholarship Fund:
Data Sources and Methodology
This transparency report for J R Hyde Jr Scholarship Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.