Is Schemel Family Foundation Inc Legit? —…

Quick charity verification for Schemel Family Foundation Inc (EIN: 208007821)

Spending Breakdown

How Schemel Family Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Schemel Family Foundation Inc

Is Schemel Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Schemel Family Foundation Inc (EIN: 208007821) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Schemel Family Foundation Inc a good charity to donate to?

Schemel Family Foundation Inc has a Mission Score of 70/100. Revenue: $802K. Assets: $108K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Schemel Family Foundation Inc?

The Employer Identification Number (EIN) for Schemel Family Foundation Inc is 208007821. 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 Schemel Family Foundation Inc spend its money?

Schemel Family Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Schemel Family Foundation Inc's tax-exempt status?

You can verify Schemel Family Foundation Inc's tax-exempt status using EIN 208007821 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 Schemel Family Foundation Inc. exhibits inconsistent financial activity over the past decade, with significant fluctuations in both revenue and expenses. For instance, revenue peaked at $1,650,017 in 2020 but dropped to $72 in 2022, before recovering to $602,599 in 2023. This volatility makes it challenging to assess long-term financial stability. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, the lack of detailed expense breakdowns in the provided data prevents a thorough analysis of spending efficiency across programs, administration, and fundraising.

Asset levels have also varied widely, from a low of $19,328 in 2022 to a high of $890,581 in 2021, before settling at $109,332 in 2023. This fluctuation, coupled with the revenue instability, suggests a foundation that may be highly dependent on specific grants or investment cycles rather than a steady operational model. While the absence of officer compensation is a strength, the overall financial picture is one of unpredictability, making it difficult to project future performance or fully understand its operational model without more granular expense data.

Transparency is generally good in terms of filing history, with 10 filings available. However, without a detailed breakdown of how expenses are categorized (program services, management and general, fundraising), it's impossible to fully evaluate spending efficiency. The NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is making grants, which typically means lower direct program expenses compared to service-delivery organizations. The consistent reporting of minimal liabilities is a positive sign of financial prudence.

Is Schemel Family Foundation Inc Legit?

Verdict: Schemel Family Foundation Inc appears trustworthy

Red Flags

Strengths