Pirates Charities EIN 25-1840370 Form 990 (PDF) Claim this org

Pirates Charities FY2021 filing

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Supports youth, military families, and cancer patients through financial contributions, community programs, and unique baseball experiences. For fiscal year 2021 it reported $997K in revenue, $612K in expenses, and $10.0M in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Pittsburgh, PA
Filings
5 on file (2020–2021)
Revenue
$997KFY2021
Expenses
$612K
Net assets
$10.0M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  25-1840370 Public charity (501(c)(3)) Pittsburgh, PA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/11/26 · see original: IRS
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Size
$1–10M
What they do
Supports youth, military families, and cancer patients through financial contributions, community programs, and unique baseball experiences.
Leadership
Robert Nutting · Chairman
Money in and out
$997K revenue, $612K expenses
Bottom line
88% program efficiency
Where the money goes · FY2021
Total revenue
$997K
Pt VIII · Ln 12
Total expenses
$612K
Pt IX · Ln 25
Net assets
$10.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $385K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
203.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$997K
FY2021▼ -2%
Expenses
$612K
FY2021▼ -26%
Total assets
$10.2M
FY2021▲ +20%
Total liabilities
$205K
FY2021▲ +25%
Total revenue
$997K
Pt VIII · Ln 12
Total expenses
$612K
Pt IX · Ln 25
Net assets
$10.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$385K
Total assetsPt X · Ln 16$10.2M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 41

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPirates Charities
EINHdr · item D25-1840370
Principal addressHdr · item CPittsburgh, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N11)
Ruling yearIRS BMFJun 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary (entered 7/2021)
$0Pt VII · Sec A
Assistant Secretary (exited 7/2021)
$0Pt VII · Sec A
Assistant Secretary (entered 7/2021)
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
Executive Director (entered 4/2021)
$0Pt VII · Sec A
See Pirates Charities executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $253K of program spending, described in the organization's own filed words · FY2021.
01

Youth baseball. The pittsburgh rbi (reviving baseball in inner cities) program includes more than 1,000 area youth in communities throughout the greater pittsburgh region. In addition to providing playing opportunities to these youth, pirates charities works to grow the game of baseball by hosting skills and coaching clinics, donating…

$171Kprogram expense
02

Military appreciation. Pirates charities supported a number of local nonprofits who care for and serve veterans and active-duty service men and women. Pittsburgh is home to one of the largest veteran populations in the country and honoring these heroes is a pillar of pirates charities' support efforts.

$43Kprogram expense
03

Community health. Pirates charities funded a number of initiatives that contributed to overall community wellness throughout the pittsburgh region. In partnership with other nonprofit organizations, pirates charities provided support and resources to community members battling cancer and executed memorable pirates experiences throughout…

$39Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$509K · 51%
Other revenue$329K · 33%
Investment income$159K · 16%
Contributions & grants51%$509K
Other revenue33%$329K
Investment income16%$159K
Total revenueLn 12$997K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$539K
Management & general12%$73K
Total functional expensesLn 25$612K

Balance Sheet

Part X · end of year
CashLn 1$455K
Total assetsLn 16$10.2M
Total liabilitiesLn 26$205K
Total net assetsLn 32$10.0M
Months of cash on handcomputed8.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $10.2M · Operating expenses (Pt IX) $612K · Less non-cash grants $12K · Cash operating expenses/yr $600K
203.3 months
Where the money goes
Program services
Program services $539K · Total expenses $612K
88%
Management & General
Management & general $73K · Total expenses $612K
12%
Fundraising
Fundraising $0 · Total expenses $612K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $546K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $509K · Total revenue $997K
51%
Government reliance
Government grants — · Total revenue $997K
Earned-income share
Program service revenue $0 · Total revenue $997K
0%
Investment reliance
Investment income $159K · Total revenue $997K
+16%
Program self-sufficiency
Program service revenue $0 · Total expenses $612K
0%
Growth & trend
Revenue growth (YoY)
This year $997K · Prior year $1.0M
-2%
Net-asset trend (YoY)
End of year $10.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $997K · Expenses $612K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $10.2M
Net-asset ratio
Net assets $10.0M · Total assets $10.2M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $9.7M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $10.2M
95%
People & payroll
Highest Reported Total Compensation
Individual Robert Nutting · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $612K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $612K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth -2%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 162 grants · $2.7M · 2020–2024
Miracle League of Western PAPA · FY2024$30,000
Highlands School DistrictFY2024$25,000
Apollo Ridge School DistrictFY2024$25,000
City of MonessenFY2024$17,300
Lecom Student Scholarship FundPA · FY2024$15,000
A Glimmer of Hope FoundationPA · FY2024$13,942
Latrobe Derry Area Teener LeagueFY2024$12,500
Borough of Jefferson HillsFY2024$12,500
See all 162 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.9M revenue · ⤓ 990 PDF
FY2023$1.8M revenue · ⤓ 990 PDF
FY2022$1.4M revenue · ⤓ 990 PDF
FY2021$997K revenue · viewing · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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