Is Schrock Fam Foundation Legit?

Spending Breakdown

How Schrock Fam Foundation allocates its funds across programs, administration, and fundraising.

90%

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 Schrock Fam Foundation

Is Schrock Fam Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Schrock Fam Foundation (EIN: 200489095) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Schrock Fam Foundation a good charity to donate to?

Schrock Fam Foundation has a Mission Score of 65/100. Revenue: $111K. Assets: $178K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Schrock Fam Foundation?

The Employer Identification Number (EIN) for Schrock Fam Foundation is 200489095. 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 Schrock Fam Foundation spend its money?

Schrock Fam Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Schrock Fam Foundation's tax-exempt status?

You can verify Schrock Fam Foundation's tax-exempt status using EIN 200489095 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 Schrock Fam Foundation appears to be a small private foundation, as indicated by its NTEE code B82 (Private Grantmaking Foundations) and consistent low revenue figures. Its financial health shows significant fluctuations in revenue and expenses over the past decade. For instance, in 2020 and 2019, expenses ($129,956 and $145,898 respectively) far exceeded revenue ($33,761 and $28,527), leading to a substantial draw-down of assets. Assets have declined significantly from a high of $687,673 in 2011 to $177,724 currently, suggesting a pattern of spending down its endowment rather than growing it through new contributions.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, as a private foundation, its primary 'program' activity is typically grantmaking. The consistent 'Officer Comp=0%' across all filings indicates good transparency regarding executive compensation, as no salaries are paid to officers. The foundation's transparency is generally good given the public availability of its 990 filings, but the lack of detailed expense categories in the provided data limits a deeper analysis of spending efficiency.

Overall, the foundation seems to be in a phase of asset depletion, with recent years showing modest revenue and expenses. The latest period (202312) shows revenue of $18,439 against expenses of $6,693, which is a positive net, but this is an anomaly compared to earlier periods where expenses often outstripped revenue. Its long-term financial sustainability, if it intends to continue operations, would require a reversal of the asset depletion trend.

Verdict: Schrock Fam Foundation shows mixed signals

Red Flags

Strengths