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Nonprofit · EIN 25-1722549

WORKSMITH INSTITUTE

Tax-exempt · PITTSBURGH, PA 15241

Financials

$502K$221K2023$303K$565K2024
Revenue Expenses · by fiscal year end
Financials of WORKSMITH INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$302,841$565,188-$262,347$57,922$0$57,922
December 31, 2023990$501,847$220,556$281,291$320,269$0$320,269
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$300,000
of which government grants
$300,000
Program service revenue
$0
Investment income
$2,841
Other revenue
$0

Expenses

Grants and similar amounts paid
$561,851
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,000
Program services (functional)
$561,851
Management and general (functional)
$3,337

Balance sheet and other

Total assets, start of year
$320,269
Total assets, end of year
$57,922
Total liabilities, end of year
$0
Net assets, end of year
$57,922
Net assets without donor restrictions
$57,922
Gross receipts
$302,841
Employees
0

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELECTRA P AGRASSECRETARY
Trustee or director, Officer
–$0
JAMES R AGRASPRESIDENT
Trustee or director, Officer
1$0
TIMOTHY J MCMAHONEXECUTIVE VP
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ELECTRA P AGRASSECRETARY
Trustee or director, Officer
0$0
JAMES R AGRASPRESIDENT
Trustee or director, Officer
1$0
TIMOTHY J MCMAHONEXECUTIVE VP
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
2200 CLAIRMONT DR, PITTSBURGH, PA 15241-3200
Principal officer (990 for 2024)
JAMES R AGRAS, PO BOX 12570, PITTSBURGH, PA 15241
Signed the 990
JAMES R AGRAS, PRESIDENT
Phone
(412) 359-1000
Return prepared by
MCCALL SCANLON & TICE LLC

Mission

WORKSMITH INSTITUTE SERVES AS THE ADMINISTRATIVE ENTITIY FOR PUBLIC AND PRIVATE GRANT FUNDS FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT FOR STUDENTS OF THE COMMONWEALTH OF PENNSYLVANIA ENROLLED IN POST-SECONDARY EDUCATIONAL PROGRAMS WHICH PREPARE THEM TO ENTER THE WORKFORCE. THE STUDENTS ARE TARGETED AS THOSE WHO HAVE FINANCIAL NEEDS NOT MET THROUGH OTHER SOURCES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO GRANT SCHOLARSHIPS TO STUDENTS IN NEED
    Expenses $561,851 · grants $561,851

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
25-1722549
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J20Z)
Assets (IRS master file)
$57,922
Income (IRS master file)
$302,841

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$302,841$565,188$57,922XML
990December 2023$501,847$220,556$320,269XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 25-1722549).

Questions about WORKSMITH INSTITUTE

What is the EIN of WORKSMITH INSTITUTE?
The employer identification number (EIN) of WORKSMITH INSTITUTE is 25-1722549.
Is WORKSMITH INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to WORKSMITH INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WORKSMITH INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WORKSMITH INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORKSMITH INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WORKSMITH INSTITUTE?
The 990 for the year ended December 31, 2024 names JAMES R AGRAS.
Who are the officers and directors of WORKSMITH INSTITUTE?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does WORKSMITH INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $302,841, expenses of $565,188 and total assets of $57,922 at year end.

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