Edward Pyle Fbo Edward Pyle Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 516028287 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Edward Pyle Fbo Edward Pyle Fund?

The Edward Pyle Fbo Edward Pyle Fund is a nonprofit organization situated in Pittsburgh, Pennsylvania. Its primary mission is to utilize earned income from a trust to support the Pyle State Service Center, which is located in Baltimore Hundred, Sussex County, Delaware. The aim of this support is to aid those in need. The fund is specifically dedicated to providing equipment, supplies, and improvements for this service center, thereby contributing to its overall operations and betterment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0%

The Edward Pyle Fund has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of only 17%, the organization lacks essential governance features, such as independent board members, which could compromise its operational integrity.

Key weaknesses highlighted include a complete absence of independent board members and missing essential policies like a whistleblower policy and document retention guidelines. Additionally, the charity's transparency is called into question due to the absence of its website's listing on its tax form and missing board meeting minutes, which are vital for stakeholder trust.

On a positive note, the organization has not reported any material diversion of assets, demonstrating some level of financial stability. However, its low program expense ratio of 18.78% raises concerns about the effectiveness of its spending in relation to programmatic outcomes. Overall, the Edward Pyle Fund demonstrates critical areas for improvement to enhance its credibility and operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Edward Pyle Fbo Edward Pyle Fund legitimate?

Edward Pyle Fbo Edward Pyle Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edward Pyle Fbo Edward Pyle Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $13,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Edward Pyle Fbo Edward Pyle Fund?

The Edward Pyle Fbo Edward Pyle Fund's mission is to utilize the income generated from the trust to support a service center that aids those in need. Specifically, the fund aims to provide resources such as equipment, supplies, and improvements for this center. The primary objective is to assist the service center in carrying out its mission of helping individuals who require aid. The exact nature of the services offered by this center is not specified in the provided information.

Who is the CEO of Edward Pyle Fbo Edward Pyle Fund?

Unavailable

What is the revenue of Edward Pyle Fbo Edward Pyle Fund?

Edward Pyle Fbo Edward Pyle Fund's revenue in 2022 was $7,281.

Who are the executives of Edward Pyle Fbo Edward Pyle Fund and what are their salaries?


There is 1 key member and their salary:


Pnc Bank Na (Trustee)
  • Compensation: $13,127
  • Related: $0
  • Other: $0
Where can I find the form 990 for Edward Pyle Fbo Edward Pyle Fund?

Edward Pyle Fbo Edward Pyle Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Edward Pyle Fbo Edward Pyle Fund

The Edward Pyle Fbo Edward Pyle Fund is dedicated to using the income it earns from its trust to aid those in need. Its primary mission is to allocate these funds for the betterment of the Pyle State Service Center. This could involve purchasing necessary equipment, procuring essential supplies, or making improvements to the center. The ultimate goal is to provide assistance and support to those who require it, ensuring that the Pyle State Service Center continues to serve its intended purpose effectively.

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Impact




October, 2024

The Edward Pyle Fbo Edward Pyle Fund plays a vital role in enhancing the services provided by the Pyle State Service Center in Sussex County, Delaware. By directing income earned from the trust towards essential equipment, supplies, and improvements, the Fund significantly bolsters the Center's capacity to assist individuals and families in need.

This support ensures that the Pyle State Service Center can maintain and upgrade its resources, ultimately leading to better service delivery for vulnerable populations. The Fund's commitment to local human services fosters a strong community safety net, empowering the Center to address various challenges faced by those in need in the region. Through its targeted contributions, the Fund enhances the overall impact of the services offered, facilitating a more effective response to the needs of the community.




This information is meant to be a general summary of Edward Pyle Fbo Edward Pyle Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,281 (2022)
Expenses
$15,191 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,281
  • Gross Receipts: $556,410

Assets and Liabilities:

  • Total Assets: $1,157,085
  • Total Liabilities: $0
  • Net Assets: $1,157,085

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Organization Details

Founding Year

1971

Main Address

116 ALLEGHENY CENTER MALL P8YB3502L, PITTSBURGH, PA, 15212

NTEE Category

Code: P11 - Human services

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