Gerald And Susan Schwalbach Familyfoundation
Gerald And Susan Schwalbach Familyfoundation maintains strong assets with no officer compensation.
EIN: 204822291 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $346K |
| Program Spending | 90% |
| Net Assets | $4.8M |
| Transparency Score | 90/100 |
Is Gerald And Susan Schwalbach Familyfoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gerald And Susan Schwalbach Familyfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gerald And Susan Schwalbach Familyfoundation
Gerald And Susan Schwalbach Familyfoundation (EIN: 204822291) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gerald And Susan Schwalbach Familyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gerald And Susan Schwalbach Familyfoundation is a mid-size nonprofit that has been operating for 20 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $445K |
| Total Expenses | $346K |
| Surplus / Deficit | +$100K |
| Total Assets | $4.8M |
| Total Liabilities | $1 |
| Net Assets | $4.8M |
| Operating Margin | 22.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 165.5 months |
Financial Health Grade: A
In 2019, Gerald And Susan Schwalbach Familyfoundation reported a surplus of $100K with revenue exceeding expenses, holds 165.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), Gerald And Susan Schwalbach Familyfoundation's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +39.6% | +147.8% | +2.3% |
| 2015 | +33.4% | -15.6% | +4.0% |
| 2014 | -60.9% | -67.4% | +1.7% |
| 2013 | +144.4% | +24.5% | +2.4% |
| 2012 | -32.2% | +4.3% | -3.5% |
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 Gerald And Susan Schwalbach Familyfoundation with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Gerald And Susan Schwalbach Familyfoundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $100K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation. This suggests a volunteer-led or very lean operational model, which is highly efficient for an organization of its asset size.
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.
Strengths
The following positive indicators were identified for Gerald And Susan Schwalbach Familyfoundation:
- Strong and growing asset base, reaching $4,763,789 in 201912, indicating financial stability.
- Zero officer compensation across all reported periods, suggesting high efficiency and volunteer leadership.
- Minimal liabilities ($0 or $1) consistently, demonstrating excellent financial health and low risk.
- Consistent filing history (6 filings), indicating good compliance and transparency.
- Likely high program spending ratio given the absence of officer compensation and minimal liabilities, implying most expenses are directed towards its mission.
Frequently Asked Questions about Gerald And Susan Schwalbach Familyfoundation
Is Gerald And Susan Schwalbach Familyfoundation a legitimate charity?
Gerald And Susan Schwalbach Familyfoundation (EIN: 204822291) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 90/100. It has 6 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Gerald And Susan Schwalbach Familyfoundation spend its money?
Gerald And Susan Schwalbach Familyfoundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Gerald And Susan Schwalbach Familyfoundation tax-deductible?
Gerald And Susan Schwalbach Familyfoundation is registered as a tax-exempt nonprofit (EIN: 204822291). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Gerald And Susan Schwalbach Familyfoundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Gerald And Susan Schwalbach Familyfoundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gerald And Susan Schwalbach Familyfoundation located?
Gerald And Susan Schwalbach Familyfoundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 204822291. It is classified under NTEE code T22.
How many years of IRS 990 filings does Gerald And Susan Schwalbach Familyfoundation have?
Gerald And Susan Schwalbach Familyfoundation has 6 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 $1.3M in total revenue.
What specific programs or grants does the Gerald And Susan Schwalbach Familyfoundation support?
Based on the NTEE code T22 (Private Grantmaking Foundations), the organization primarily engages in grantmaking. However, the provided data does not specify the beneficiaries or types of programs funded by these grants.
How does the foundation manage its investments to grow its assets?
The foundation has consistently grown its assets from $4,297,765 in 201212 to $4,763,789 in 201912. While the specific investment strategies are not detailed in the provided data, this growth suggests effective asset management, likely through a combination of investment returns and contributions.
What is the source of the significant increase in latest revenue to $1,270,783?
The provided data shows a jump from $445,220 in 201912 to a 'latest revenue' of $1,270,783. Without more recent detailed filings, it's unclear if this is due to a large one-time donation, exceptional investment returns, or a change in reporting period.
Filing History
IRS 990 filing history for Gerald And Susan Schwalbach Familyfoundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Gerald And Susan Schwalbach Familyfoundation's revenue has grown by 20.6%, moving from $369K to $445K. Total assets increased by 6.9% over the same period, from $4.5M to $4.8M. Total functional expenses fell by 11.5%, from $390K to $346K. In its most recent filing year (2019), Gerald And Susan Schwalbach Familyfoundation reported a surplus of $100K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $445K | $346K | $4.8M | $1 | — | View 990 |
| 2015 | $319K | $139K | $4.7M | $1 | — | View 990 |
| 2014 | $239K | $165K | $4.5M | $1 | — | View 990 |
| 2013 | $612K | $507K | $4.4M | $0 | — | View 990 |
| 2012 | $250K | $407K | $4.3M | $1 | — | View 990 |
| 2011 | $369K | $390K | $4.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $445K, expenses of $346K, and assets of $4.8M (revenue +39.6% year-over-year).
- 2015: Revenue of $319K, expenses of $139K, and assets of $4.7M (revenue +33.4% year-over-year).
- 2014: Revenue of $239K, expenses of $165K, and assets of $4.5M (revenue -60.9% year-over-year).
- 2013: Revenue of $612K, expenses of $507K, and assets of $4.4M (revenue +144.4% year-over-year).
- 2012: Revenue of $250K, expenses of $407K, and assets of $4.3M (revenue -32.2% year-over-year).
- 2011: Revenue of $369K, expenses of $390K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gerald And Susan Schwalbach Familyfoundation:
Data Sources and Methodology
This transparency report for Gerald And Susan Schwalbach Familyfoundation 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.