Irene And Mac Schwebel Foundation Inc
Irene And Mac Schwebel Foundation Inc. shows inconsistent revenue and expenses, with $0 revenue and assets in its latest filing.
EIN: 136161504 · Englewood, CO · Updated: 2026-03-28
Is Irene And Mac Schwebel Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Irene And Mac Schwebel Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Irene And Mac Schwebel Foundation Inc
Irene And Mac Schwebel Foundation Inc (EIN: 136161504) is a nonprofit organization based in Englewood, CO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Irene And Mac Schwebel Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Irene And Mac Schwebel Foundation Inc is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $26K |
| Surplus / Deficit | +$69K |
| Total Assets | $2.6M |
| Total Liabilities | $1 |
| Net Assets | $2.6M |
| Operating Margin | 72.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1198.3 months |
Financial Health Grade: A
In 2014, Irene And Mac Schwebel Foundation Inc reported a surplus of $69K with revenue exceeding expenses, holds 1198.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Irene And Mac Schwebel Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -93.3% | +361.8% | +2.7% |
| 2013 | +101.2% | +431.0% | +124.3% |
| 2012 | +943.4% | -99.8% | +162.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Irene And Mac Schwebel Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Irene And Mac Schwebel Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% of expenses across all available filings, indicating that no officers received compensation from the organization, which is a positive sign for resource allocation.
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 Irene And Mac Schwebel Foundation Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential dormancy or cessation of operations.
- Significant expense ($530,193) in 2011 far exceeded revenue ($67,246) for that period.
- Inconsistent revenue generation across reporting periods, ranging from $0 to over $1.4 million.
Strengths
The following positive indicators were identified for Irene And Mac Schwebel Foundation Inc:
- Consistently reports 0% officer compensation, indicating efficient use of funds for leadership.
- Maintained substantial assets (over $2.5 million) in 2013 and 2014, demonstrating past financial capacity.
Frequently Asked Questions about Irene And Mac Schwebel Foundation Inc
Is Irene And Mac Schwebel Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Irene And Mac Schwebel Foundation Inc (EIN: 136161504) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Irene And Mac Schwebel Foundation Inc spend its money?
Irene And Mac Schwebel Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Irene And Mac Schwebel Foundation Inc tax-deductible?
Irene And Mac Schwebel Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136161504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Irene And Mac Schwebel Foundation Inc. still active given its latest $0 revenue and assets?
The latest filing showing $0 revenue and assets suggests the organization may be dormant or has ceased operations. Further investigation into more recent filings or public records would be needed to confirm its current status.
What caused the significant expense in 2011 ($530,193) compared to revenue ($67,246)?
The 2011 filing shows expenses significantly exceeding revenue, leading to a substantial deficit. Without access to the detailed Form 990, the specific nature of these expenses cannot be determined, but it represents an unusual financial year for the organization.
How does the foundation manage its assets, which fluctuated significantly?
Assets grew from $430,249 in 2011 to over $2.5 million in 2013 and 2014, but then dropped to $0 in the latest filing. This volatility suggests significant asset management activity or divestment, which warrants further scrutiny.
Filing History
IRS 990 filing history for Irene And Mac Schwebel Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Irene And Mac Schwebel Foundation Inc's revenue has grown by 40.7%, moving from $67K to $95K. Total assets increased by 505.5% over the same period, from $430K to $2.6M. Total functional expenses fell by 95.1%, from $530K to $26K. In its most recent filing year (2014), Irene And Mac Schwebel Foundation Inc reported a surplus of $69K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $95K | $26K | $2.6M | $1 | — | View 990 |
| 2013 | $1.4M | $6K | $2.5M | $1 | — | View 990 |
| 2012 | $702K | $1K | $1.1M | $1 | — | View 990 |
| 2011 | $67K | $530K | $430K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $95K, expenses of $26K, and assets of $2.6M (revenue -93.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $6K, and assets of $2.5M (revenue +101.2% year-over-year).
- 2012: Revenue of $702K, expenses of $1K, and assets of $1.1M (revenue +943.4% year-over-year).
- 2011: Revenue of $67K, expenses of $530K, and assets of $430K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Irene And Mac Schwebel Foundation Inc:
Data Sources and Methodology
This transparency report for Irene And Mac Schwebel Foundation Inc 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.