Quick charity verification for Schumann Foundation (EIN: 206263167)
Verdict: Schumann Foundation appears trustworthy
70/100Mission Score
$446KRevenue
$4.6MAssets
3Red Flags
4Strengths
Red Flags
Highly volatile and sometimes negative revenue figures, indicating potential instability or reliance on unpredictable income streams.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, making it difficult to assess spending efficiency.
Significant revenue decline in some years (e.g., -46,445 in 201911) while expenses remained substantial ($112,981 in 201911).
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial stewardship and dedication to mission over executive pay.
Minimal liabilities reported across all filings, suggesting sound financial management and low debt burden.
Significant growth in assets over time, from $442,030 in 201111 to $3,560,087 in 202311, demonstrating long-term financial accumulation.
Low reported expenses relative to assets in most years, suggesting a lean operational structure.
Spending Breakdown
How Schumann Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Schumann Foundation
Is Schumann Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Schumann Foundation (EIN: 206263167) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
Is Schumann Foundation a good charity to donate to?
Schumann Foundation has a Mission Score of 70/100. Revenue: $446K. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Schumann Foundation?
The Employer Identification Number (EIN) for Schumann Foundation is 206263167. 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 Schumann Foundation spend its money?
Schumann Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Schumann Foundation's tax-exempt status?
You can verify Schumann Foundation's tax-exempt status using EIN 206263167 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 Schumann Foundation exhibits a highly unusual financial profile, characterized by significant fluctuations in revenue, including multiple years of negative revenue. While the organization consistently reports minimal liabilities and zero officer compensation, which are positive indicators for transparency and avoiding conflicts of interest, the erratic revenue stream raises questions about its operational stability and funding model. For instance, in 202211, the foundation reported a revenue of -21,814, followed by a substantial positive revenue of $106,549 in 202311. This volatility makes it challenging to assess consistent financial health or predict future performance.
The foundation's spending efficiency is difficult to ascertain without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the reported expenses are generally low relative to assets, suggesting a lean operational structure. The consistent reporting of zero officer compensation is a strong point for transparency, indicating that a significant portion of funds is not being diverted to executive salaries. The substantial growth in assets from $442,030 in 201111 to $3,560,087 in 202311, despite the revenue volatility, suggests effective asset management or significant non-operating income, such as investment gains, which would warrant further investigation for a complete financial picture.
Overall, the Schumann Foundation appears to be transparent regarding executive compensation and liabilities. However, the extreme swings in revenue and the lack of detailed expense categorization limit a comprehensive assessment of its financial health and spending efficiency. While the asset growth is notable, the underlying causes of revenue instability need clarification to fully understand the organization's long-term sustainability and impact.