Penna Industrial Chemical Corp Clairton High School Shcolarship F is located in Pittsburgh, PA. The organization was established in 1952. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penna Industrial Chemical Corp Clairton High School Shcolarship F is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Penna Industrial Chemical Corp Clairton High School Shcolarship F generated $22.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $43.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Penna Industrial Chemical Corp Clairton High School Shcolarship F has awarded 97 individual grants totaling $213,802. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUED SCHOLARSHIPS TO 12 STUDENTS TO ATTEND VARIOUS COLLEGE AND UNIVERSITIES.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $17,065 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $5,868 |
Capital Gain Net Income | $5,868 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $22,933 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $8,687 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $11,180 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,310 |
Total operating and administrative expenses | $21,177 |
Contributions, gifts, grants paid | $22,036 |
Total expenses and disbursements | $43,213 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $26,141 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $741,226 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $767,367 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Penna Industrial Chemical Corp Clairton High School Shcolarship F has awarded $22,036 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
JASON COCHRAN PURPOSE: SCHOLARSHIP | $4,750 |
KHALAYA KNOWELL PURPOSE: SCHOLARSHIP | $3,750 |
MARIBEL GOLDSMITH PURPOSE: SCHOLARSHIP | $2,750 |
ARISSA WIGGINS PURPOSE: SCHOLARSHIP | $1,750 |
AGAWEON JACKSON PURPOSE: SCHOLARSHIP | $2,500 |
LAUREN WEATHERSPOON PURPOSE: SCHOLARSHIP | $6,536 |