Craig Scheckman Family Foundation
Craig Scheckman Family Foundation shows robust asset growth and zero reported officer compensation over a decade.
EIN: 202835678 · Steamboat Spr, CO · NTEE: T20 · Updated: 2026-03-28
Is Craig Scheckman Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Craig Scheckman Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Craig Scheckman Family Foundation
Craig Scheckman Family Foundation (EIN: 202835678) is a nonprofit organization based in Steamboat Spr, CO, classified under NTEE code T20. The organization reported total revenue of $4.0M and total assets of $46.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Craig Scheckman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Craig Scheckman Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.5M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$9.1M |
| Total Assets | $44.1M |
| Total Liabilities | $1 |
| Net Assets | $44.1M |
| Operating Margin | 72.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 155.0 months |
Financial Health Grade: A
In 2023, Craig Scheckman Family Foundation reported a surplus of $9.1M with revenue exceeding expenses, holds 155.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Craig Scheckman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 25.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +0.8% | +23.4% |
| 2022 | +111.8% | +22.1% | +34.0% |
| 2021 | -68.3% | +37.4% | +12.9% |
| 2020 | +192.3% | +29.1% | +177.8% |
| 2019 | +245.7% | +110.6% | +70.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Craig Scheckman Family Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Craig Scheckman Family Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with assets exceeding $45 million. This suggests that key personnel may be volunteers or compensated through an affiliated entity, or that the foundation's structure minimizes direct officer compensation reporting on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Craig Scheckman Family Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data, making it difficult to precisely assess program efficiency without full 990 access.
Strengths
The following positive indicators were identified for Craig Scheckman Family Foundation:
- Exceptional asset growth, from $2.5 million in 2011 to $45.9 million currently.
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency.
- Minimal liabilities ($1 reported consistently), demonstrating strong financial stability.
- Consistent IRS 990 filing history over a decade, indicating transparency and compliance.
- Significant revenue generation, with peaks over $12 million in recent years, supporting substantial grant-making potential.
Frequently Asked Questions about Craig Scheckman Family Foundation
Is Craig Scheckman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Craig Scheckman Family Foundation (EIN: 202835678) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Craig Scheckman Family Foundation spend its money?
Craig Scheckman Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Craig Scheckman Family Foundation tax-deductible?
Craig Scheckman Family Foundation is registered as a tax-exempt nonprofit (EIN: 202835678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Craig Scheckman Family Foundation a good charity?
Based on the provided data, the foundation appears to be a very good charity. It exhibits strong financial health with substantial asset growth, minimal liabilities, and a remarkable record of 0% reported officer compensation, suggesting high efficiency and dedication to its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, with assets growing from $2.5 million in 2011 to $45.9 million currently. Revenue has seen substantial fluctuations, but expenses have remained relatively low compared to revenue and asset base, indicating strong financial management.
What is the foundation's approach to executive compensation?
The foundation consistently reports 0% officer compensation in its IRS 990 filings. This is a highly positive indicator for donors, suggesting that leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the 990, maximizing resources for the mission.
Filing History
IRS 990 filing history for Craig Scheckman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Craig Scheckman Family Foundation's revenue has grown by 1389.2%, moving from $838K to $12.5M. Total assets increased by 1624.3% over the same period, from $2.6M to $44.1M. Total functional expenses rose by 1158.8%, from $271K to $3.4M. In its most recent filing year (2023), Craig Scheckman Family Foundation reported a surplus of $9.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $44.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $44.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.5M | $3.4M | $44.1M | $1 | — | — |
| 2022 | $12.5M | $3.4M | $35.7M | $1 | — | View 990 |
| 2021 | $5.9M | $2.8M | $26.7M | $1 | — | View 990 |
| 2020 | $18.6M | $2.0M | $23.6M | $1 | — | View 990 |
| 2019 | $6.3M | $1.6M | $8.5M | $1 | — | — |
| 2015 | $1.8M | $743K | $5.0M | $1 | — | View 990 |
| 2014 | $648K | $656K | $3.9M | $1 | — | View 990 |
| 2013 | $1.6M | $587K | $3.9M | $1 | — | View 990 |
| 2012 | $660K | $356K | $2.9M | $1 | — | View 990 |
| 2011 | $838K | $271K | $2.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.5M, expenses of $3.4M, and assets of $44.1M (revenue +0.0% year-over-year).
- 2022: Revenue of $12.5M, expenses of $3.4M, and assets of $35.7M (revenue +111.8% year-over-year).
- 2021: Revenue of $5.9M, expenses of $2.8M, and assets of $26.7M (revenue -68.3% year-over-year).
- 2020: Revenue of $18.6M, expenses of $2.0M, and assets of $23.6M (revenue +192.3% year-over-year).
- 2019: Revenue of $6.3M, expenses of $1.6M, and assets of $8.5M (revenue +245.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $743K, and assets of $5.0M (revenue +183.3% year-over-year).
- 2014: Revenue of $648K, expenses of $656K, and assets of $3.9M (revenue -60.1% year-over-year).
- 2013: Revenue of $1.6M, expenses of $587K, and assets of $3.9M (revenue +145.8% year-over-year).
- 2012: Revenue of $660K, expenses of $356K, and assets of $2.9M (revenue -21.2% year-over-year).
- 2011: Revenue of $838K, expenses of $271K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Craig Scheckman Family Foundation:
Data Sources and Methodology
This transparency report for Craig Scheckman Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.