Is Erna Schulz Charitable Foundation Inc…

Quick charity verification for Erna Schulz Charitable Foundation Inc (EIN: 133977549)

Spending Breakdown

How Erna Schulz Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Erna Schulz Charitable Foundation Inc

Is Erna Schulz Charitable Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Erna Schulz Charitable Foundation Inc (EIN: 133977549) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Erna Schulz Charitable Foundation Inc a good charity to donate to?

Erna Schulz Charitable Foundation Inc has a Mission Score of 75/100. Revenue: $898K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Erna Schulz Charitable Foundation Inc?

The Employer Identification Number (EIN) for Erna Schulz Charitable Foundation Inc is 133977549. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Erna Schulz Charitable Foundation Inc spend its money?

Erna Schulz Charitable Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Erna Schulz Charitable Foundation Inc's tax-exempt status?

You can verify Erna Schulz Charitable Foundation Inc's tax-exempt status using EIN 133977549 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Erna Schulz Charitable Foundation Inc. appears to be a well-established organization with consistent asset levels over the past several years, currently holding $2,200,823 in assets. However, its financial health shows a pattern of expenses frequently exceeding revenue, as seen in 2019 where expenses were $180,568 against revenue of $69,866, and in 2015 with expenses of $203,124 against revenue of $3,741. This suggests the foundation is primarily drawing from its endowment or accumulated funds rather than operating on annual contributions. The organization maintains extremely low liabilities, consistently reported as $1, indicating strong financial stability in terms of debt management.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent deficit spending implies that a significant portion of its activities are supported by its existing asset base. The absence of officer compensation reported across all filings indicates a lean operational structure at the executive level, which is a positive sign for donor confidence in administrative cost control. The foundation's transparency is good, with a consistent filing history of six IRS 990 forms, providing a clear public record of its financial activities over time.

Overall, while the foundation demonstrates strong asset management and low liabilities, its reliance on asset drawdowns rather than consistent revenue generation for its operational expenses is a key characteristic. The lack of officer compensation is a notable strength in terms of administrative efficiency.

Is Erna Schulz Charitable Foundation Inc Legit?

Verdict: Erna Schulz Charitable Foundation Inc appears trustworthy

Red Flags

Strengths