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
82 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
9 people listed on the 990.
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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Program disbursements to cheyney university for operating expenses and programmatic purposes.
Granting scholarships and providing need-based financial support to the students of cheyney university that uphold a high level of academic achievement.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $291K | $269K |
| InvestmentsLn 11–13 | $568K | $526K |
| Total assetsLn 16 | $859K | $805K |
| LiabilitiesLn 26 | $134K | $172K |
| Net assetsLn 32 | $725K | $633K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $195K | $195K | ||
| Grants to domestic individualsLn 2 | $41K | $41K | ||
| Other salaries and wagesLn 7 | $43K | $32K | $11K | |
| Accounting feesLn 11c | $23K | $17K | $6K | |
| Investment management feesLn 11f | $7K | $5K | $2K | |
| Other fees for servicesLn 11g | $4K | $2K | $2K | |
| Advertising and promotionLn 12 | $33K | $28K | $5K | |
| Office expensesLn 13 | $15K | $10K | $5K | |
| TravelLn 17 | $108 | $27 | $81 | |
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $42K | $4K | $38K | |
| All other expensesLn 24e | $248 | $110 | $138 | |
| Total functional expensesLn 25 | $404K | $330K | $36K | $38K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $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 Viewing | $329K | $404K | −$75K | $633K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $329,457 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $329,457 across 5 lines filed
Part IX · Statement of functional expenses $403,990 across 12 lines filed
Part X · Balance sheet $804,579 assets, 11 lines filed
Part XI · Reconciliation of net assets $632,564 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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