Geoffrey Schmidt Foundation
Geoffrey Schmidt Foundation consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 203820154 · Ivins, UT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $375K |
| Total Expenses | $155K |
| Program Spending | 60% |
| Net Assets | $1.3M |
| Transparency Score | 35/100 |
Search Intent Cockpit
Geoffrey Schmidt Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Geoffrey Schmidt Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Geoffrey Schmidt Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $57K and expenses of $155K.
Revenue and Expenses
Geoffrey Schmidt Foundation reported $57K in revenue and $155K in expenses, a deficit of $98K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
35/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.
Is Geoffrey Schmidt Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $93K (60%) |
Across stored filings, Geoffrey Schmidt Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 60% to programs | Below Average |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Shepherds Walk Foundation Inc | Utah and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Shepherds Walk Foundation Inc →All Utah nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Ivins, UT nonprofitsFollow the Money
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Keep the Investigation Moving
Geoffrey Schmidt Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Geoffrey Schmidt Foundation
Geoffrey Schmidt Foundation (EIN: 203820154) is a nonprofit organization based in Ivins, UT. The organization reported total revenue of $375K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Geoffrey Schmidt Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Geoffrey Schmidt Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $155K |
| Surplus / Deficit | $-97,976 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -170.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 103.9 months |
Financial Health Grade: B
In 2023, Geoffrey Schmidt Foundation reported a deficit of $98K with expenses exceeding revenue, holds 103.9 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), Geoffrey Schmidt Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +136.4% | +523.2% | -6.8% |
| 2022 | +2.3% | -82.9% | +-0.0% |
| 2021 | -59.8% | +2.6% | -7.8% |
| 2020 | +226.0% | +114.8% | -5.0% |
| 2019 | +111.4% | +39.9% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Geoffrey Schmidt Foundation with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Geoffrey Schmidt Foundation allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $98K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either a volunteer-led organization or that compensation is not categorized under 'Officer Comp' in these specific filings. This indicates a positive aspect regarding the allocation of funds away from high executive salaries.
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 Geoffrey Schmidt Foundation's IRS 990 filings:
- Consistent and significant operational deficits (e.g., $97,976 deficit in 2023).
- Steady decline in total assets over the past decade (from $2.1M in 2011 to $1.3M in 2023).
- Revenue consistently insufficient to cover expenses across all reported periods.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Geoffrey Schmidt Foundation:
- No reported officer compensation, suggesting funds are not being used for executive salaries.
- Maintains a substantial asset base ($1.3M in 2023) despite operational deficits.
- Very low reported liabilities across all periods.
Frequently Asked Questions about Geoffrey Schmidt Foundation
Is Geoffrey Schmidt Foundation a legitimate charity?
Geoffrey Schmidt Foundation (EIN: 203820154) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 35/100. It has 10 years of IRS 990 filings on record. Total revenue: $375K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Geoffrey Schmidt Foundation spend its money?
Geoffrey Schmidt Foundation directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to Geoffrey Schmidt Foundation tax-deductible?
Geoffrey Schmidt Foundation is registered as a tax-exempt nonprofit (EIN: 203820154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Geoffrey Schmidt Foundation's spending goes to programs?
Geoffrey Schmidt Foundation directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Geoffrey Schmidt Foundation located?
Geoffrey Schmidt Foundation is headquartered in Ivins, Utah and files with the IRS under EIN 203820154.
How many years of IRS 990 filings does Geoffrey Schmidt Foundation have?
Geoffrey Schmidt Foundation 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 $375K in total revenue.
How does the Geoffrey Schmidt Foundation plan to address its consistent operational deficits?
The filings consistently show expenses far exceeding revenue (e.g., $155,376 expenses vs. $57,400 revenue in 2023), indicating an unsustainable financial model that relies on drawing down assets.
What are the specific program activities and their associated costs?
The provided data does not offer a detailed breakdown of expenses into program, administrative, or fundraising categories, making it difficult to assess the impact and efficiency of program spending.
Why have the organization's assets declined significantly over the past decade?
Assets have decreased from $2,147,232 in 2011 to $1,344,734 in 2023, likely due to the organization consistently spending more than it earns, thereby liquidating assets to cover operational costs.
Filing History
IRS 990 filing history for Geoffrey Schmidt Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Geoffrey Schmidt Foundation's revenue has grown by 213.1%, moving from $18K to $57K. Total assets decreased by 37.4% over the same period, from $2.1M to $1.3M. Total functional expenses fell by 19.1%, from $192K to $155K. In its most recent filing year (2023), Geoffrey Schmidt Foundation reported a deficit of $98K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $155K | $1.3M | $1 | — | View 990 |
| 2022 | $24K | $25K | $1.4M | $1 | — | View 990 |
| 2021 | $24K | $146K | $1.4M | $1 | — | View 990 |
| 2020 | $59K | $142K | $1.6M | $1 | — | View 990 |
| 2019 | $18K | $66K | $1.6M | $1 | — | View 990 |
| 2015 | $9K | $47K | $1.7M | $0 | — | View 990 |
| 2014 | $15K | $114K | $1.8M | $0 | — | View 990 |
| 2013 | $-54,189 | $121K | $1.9M | $0 | — | — |
| 2012 | $25K | $232K | $2.1M | $0 | — | View 990 |
| 2011 | $18K | $192K | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $155K, and assets of $1.3M (revenue +136.4% year-over-year).
- 2022: Revenue of $24K, expenses of $25K, and assets of $1.4M (revenue +2.3% year-over-year).
- 2021: Revenue of $24K, expenses of $146K, and assets of $1.4M (revenue -59.8% year-over-year).
- 2020: Revenue of $59K, expenses of $142K, and assets of $1.6M (revenue +226.0% year-over-year).
- 2019: Revenue of $18K, expenses of $66K, and assets of $1.6M (revenue +111.4% year-over-year).
- 2015: Revenue of $9K, expenses of $47K, and assets of $1.7M (revenue -42.1% year-over-year).
- 2014: Revenue of $15K, expenses of $114K, and assets of $1.8M.
- 2013: Revenue of $-54,189, expenses of $121K, and assets of $1.9M (revenue -315.2% year-over-year).
- 2012: Revenue of $25K, expenses of $232K, and assets of $2.1M (revenue +37.3% year-over-year).
- 2011: Revenue of $18K, expenses of $192K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Geoffrey Schmidt Foundation:
Data Sources and Methodology
This transparency report for Geoffrey Schmidt 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.