Herman Schauer Charitable Tr
EIN: 356020351 · Evansville, IN · NTEE: T90
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $95K |
| Net Assets | $1.9M |
Is Herman Schauer Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Herman Schauer Charitable Tr
Herman Schauer Charitable Tr (EIN: 356020351) is a nonprofit organization based in Evansville, IN, classified under NTEE code T90. The organization reported total revenue of $272K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herman Schauer Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Herman Schauer Charitable Tr is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $95K |
| Surplus / Deficit | +$201K |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | 67.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 245.0 months |
Financial Health Grade: A
In 2023, Herman Schauer Charitable Tr reported a surplus of $201K with revenue exceeding expenses, holds 245.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2023), Herman Schauer Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +475.5% | -17.1% | +11.6% |
| 2022 | -64.9% | +2.2% | -3.5% |
| 2021 | -40.1% | +46.0% | +2.0% |
| 2020 | +343.5% | -11.3% | +10.5% |
| 2019 | -61.9% | -43.5% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Herman Schauer Charitable Tr 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 Herman Schauer Charitable Tr 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 $201K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Herman Schauer Charitable Tr
Is Herman Schauer Charitable Tr a legitimate charity?
Herman Schauer Charitable Tr (EIN: 356020351) is a registered tax-exempt nonprofit based in Indiana. It has 8 years of IRS 990 filings on record. Total revenue: $272K. No red flags identified. Financial health grade: A.
How does Herman Schauer Charitable Tr spend its money?
Herman Schauer Charitable Tr reported $272K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Herman Schauer Charitable Tr tax-deductible?
Herman Schauer Charitable Tr is registered as a tax-exempt nonprofit (EIN: 356020351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Herman Schauer Charitable Tr located?
Herman Schauer Charitable Tr is headquartered in Evansville, Indiana and files with the IRS under EIN 356020351. It is classified under NTEE code T90.
How many years of IRS 990 filings does Herman Schauer Charitable Tr have?
Herman Schauer Charitable Tr has 8 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 $272K in total revenue.
Filing History
IRS 990 filing history for Herman Schauer Charitable Tr showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Herman Schauer Charitable Tr's revenue has grown by 165.2%, moving from $112K to $296K. Total assets increased by 32.4% over the same period, from $1.5M to $1.9M. Total functional expenses rose by 73.1%, from $55K to $95K. In its most recent filing year (2023), Herman Schauer Charitable Tr reported a surplus of $201K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $296K | $95K | $1.9M | $1 | — | View 990 |
| 2022 | $51K | $115K | $1.7M | $1 | — | View 990 |
| 2021 | $147K | $112K | $1.8M | $1 | — | — |
| 2020 | $245K | $77K | $1.8M | $1 | — | View 990 |
| 2019 | $55K | $87K | $1.6M | $1 | — | View 990 |
| 2015 | $145K | $153K | $1.5M | $0 | — | View 990 |
| 2014 | $183K | $133K | $1.5M | $0 | — | View 990 |
| 2013 | $112K | $55K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $296K, expenses of $95K, and assets of $1.9M (revenue +475.5% year-over-year).
- 2022: Revenue of $51K, expenses of $115K, and assets of $1.7M (revenue -64.9% year-over-year).
- 2021: Revenue of $147K, expenses of $112K, and assets of $1.8M (revenue -40.1% year-over-year).
- 2020: Revenue of $245K, expenses of $77K, and assets of $1.8M (revenue +343.5% year-over-year).
- 2019: Revenue of $55K, expenses of $87K, and assets of $1.6M (revenue -61.9% year-over-year).
- 2015: Revenue of $145K, expenses of $153K, and assets of $1.5M (revenue -20.6% year-over-year).
- 2014: Revenue of $183K, expenses of $133K, and assets of $1.5M (revenue +63.7% year-over-year).
- 2013: Revenue of $112K, expenses of $55K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Herman Schauer Charitable Tr:
Data Sources and Methodology
This transparency report for Herman Schauer Charitable Tr 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.