Danny Schnepp Memorial Fund Trust
EIN: 426346310 · Sidney, IA
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $14K |
| Net Assets | $2.3M |
Is Danny Schnepp Memorial Fund Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Danny Schnepp Memorial Fund Trust
Danny Schnepp Memorial Fund Trust (EIN: 426346310) is a nonprofit organization based in Sidney, IA. The organization reported total revenue of $152K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danny Schnepp Memorial Fund Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danny Schnepp Memorial Fund Trust is a small nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $14K |
| Surplus / Deficit | +$109K |
| Total Assets | $2.9M |
| Total Liabilities | $594K |
| Net Assets | $2.3M |
| Operating Margin | 88.6% |
| Debt-to-Asset Ratio | 20.7% |
| Months of Reserves | 2430.3 months |
Financial Health Grade: A
In 2023, Danny Schnepp Memorial Fund Trust reported a surplus of $109K with revenue exceeding expenses, holds 2430.3 months of operating reserves (strong position), has a debt-to-asset ratio of 20.7% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Danny Schnepp Memorial Fund Trust's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | -80.5% | +7.8% |
| 2022 | -35.0% | +71.6% | -10.2% |
| 2021 | +158.1% | +106.8% | +11.3% |
| 2020 | -10.5% | -29.4% | +6.6% |
| 2019 | -1.3% | -2.8% | +23.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Danny Schnepp Memorial Fund Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Danny Schnepp Memorial Fund Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $109K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.7%.
Frequently Asked Questions about Danny Schnepp Memorial Fund Trust
Is Danny Schnepp Memorial Fund Trust a legitimate charity?
Danny Schnepp Memorial Fund Trust (EIN: 426346310) is a registered tax-exempt nonprofit based in Iowa. It has 10 years of IRS 990 filings on record. Total revenue: $152K. No red flags identified. Financial health grade: A.
How does Danny Schnepp Memorial Fund Trust spend its money?
Danny Schnepp Memorial Fund Trust reported $152K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Danny Schnepp Memorial Fund Trust tax-deductible?
Danny Schnepp Memorial Fund Trust is registered as a tax-exempt nonprofit (EIN: 426346310). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Danny Schnepp Memorial Fund Trust located?
Danny Schnepp Memorial Fund Trust is headquartered in Sidney, Iowa and files with the IRS under EIN 426346310.
How many years of IRS 990 filings does Danny Schnepp Memorial Fund Trust have?
Danny Schnepp Memorial Fund Trust has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $152K in total revenue.
Filing History
IRS 990 filing history for Danny Schnepp Memorial Fund Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Danny Schnepp Memorial Fund Trust's revenue has grown by 117.7%, moving from $57K to $124K. Total assets increased by 93.9% over the same period, from $1.5M to $2.9M. Total functional expenses fell by 14.2%, from $16K to $14K. In its most recent filing year (2023), Danny Schnepp Memorial Fund Trust reported a surplus of $109K, with revenue exceeding expenses. The organization holds $594K in liabilities against $2.9M in assets (debt-to-asset ratio: 20.7%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $14K | $2.9M | $594K | — | View 990 |
| 2022 | $124K | $73K | $2.7M | $496K | — | View 990 |
| 2021 | $190K | $42K | $3.0M | $850K | — | View 990 |
| 2020 | $74K | $20K | $2.7M | $698K | — | View 990 |
| 2019 | $82K | $29K | $2.5M | $1 | — | — |
| 2015 | $83K | $30K | $2.0M | $1K | — | View 990 |
| 2014 | $74K | $20K | $2.0M | $0 | — | View 990 |
| 2013 | $65K | $16K | $1.9M | $0 | — | View 990 |
| 2012 | $51K | $23K | $1.6M | $0 | — | View 990 |
| 2011 | $57K | $16K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $14K, and assets of $2.9M (revenue -0.1% year-over-year).
- 2022: Revenue of $124K, expenses of $73K, and assets of $2.7M (revenue -35.0% year-over-year).
- 2021: Revenue of $190K, expenses of $42K, and assets of $3.0M (revenue +158.1% year-over-year).
- 2020: Revenue of $74K, expenses of $20K, and assets of $2.7M (revenue -10.5% year-over-year).
- 2019: Revenue of $82K, expenses of $29K, and assets of $2.5M (revenue -1.3% year-over-year).
- 2015: Revenue of $83K, expenses of $30K, and assets of $2.0M (revenue +12.1% year-over-year).
- 2014: Revenue of $74K, expenses of $20K, and assets of $2.0M (revenue +14.7% year-over-year).
- 2013: Revenue of $65K, expenses of $16K, and assets of $1.9M (revenue +26.3% year-over-year).
- 2012: Revenue of $51K, expenses of $23K, and assets of $1.6M (revenue -9.5% year-over-year).
- 2011: Revenue of $57K, expenses of $16K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danny Schnepp Memorial Fund Trust:
Data Sources and Methodology
This transparency report for Danny Schnepp Memorial Fund Trust 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.