Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1971.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
69 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990; $74K paid to officers and key staff.
Darien Threadgill’s $74K as Executive Di is at the 66th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides scholarships and program support to Cheyney University students.
Questions for Cheyney Foundation
Your first name shows with your question. Cheyney Foundation answers here, for everyone.
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Granting scholarships and providing need-based financial support to the students of cheyney university that uphold a high level of academic achievement.
Program disbursements to cheyney university for operating expenses and programmatic purposes.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $301K | $296K |
| InvestmentsLn 11–13 | $1.2M | $1.5M |
| Total assetsLn 16 | $1.5M | $1.8M |
| LiabilitiesLn 26 | $37K | $40K |
| Net assetsLn 32 | $1.5M | $1.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $305K | $305K | ||
| Pay of current officers, directors and key staffLn 5 | $74K | $41K | $34K | |
| Payroll taxesLn 10 | $7K | $7K | ||
| Accounting feesLn 11c | $35K | $27K | $9K | |
| Investment management feesLn 11f | $9K | $7K | $2K | |
| Other fees for servicesLn 11g | $6K | $2K | $5K | |
| Advertising and promotionLn 12 | $91K | $450 | $750 | $90K |
| Office expensesLn 13 | $160 | $80 | $80 | |
| OccupancyLn 16 | $18K | $18K | ||
| TravelLn 17 | $22 | $22 | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $4K | $2K | $2K | |
| Total functional expensesLn 25 | $551K | $383K | $79K | $90K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $922K | $551K | $371K | $1.8M | 990 PDF |
| FY2024 | $437K | $350K | $87K | $1.5M | 990 PDF |
| FY2023 | $677K | $324K | $353K | $1.3M | 990 PDF |
| FY2022 | $491K | $408K | $84K | $887K | 990 PDF |
| FY2021 | $338K | $210K | $128K | $906K | 990 PDF |
| FY2020 | $329K | $404K | −$75K | $633K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $922,379 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, no flags
Part VIII · Statement of revenue $922,379 across 4 lines filed
Part IX · Statement of functional expenses $551,453 across 12 lines filed
Part X · Balance sheet $1,831,920 assets, 10 lines filed
Part XI · Reconciliation of net assets $1,792,262 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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