Milton And Leonore Schmuhl Scholarship Fund
Milton And Leonore Schmuhl Scholarship Fund consistently directs 100% of expenses to scholarships, despite fluctuating revenues and a long-term decline in assets.
EIN: 201291627 · Saint Louis, MO · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $509K |
| Total Expenses | $281K |
| Program Spending | 100% |
| Net Assets | $2.5M |
| Transparency Score | 95/100 |
Is Milton And Leonore Schmuhl Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milton And Leonore Schmuhl Scholarship Fund directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Milton And Leonore Schmuhl Scholarship Fund
Milton And Leonore Schmuhl Scholarship Fund (EIN: 201291627) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code B82. The organization reported total revenue of $509K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milton And Leonore Schmuhl Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milton And Leonore Schmuhl Scholarship Fund is a small nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2012–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -117.1% | +65.4% | -10.8% |
| 2022 | -26.4% | +2.2% | +-0.0% |
| 2021 | +11.5% | -5.6% | +2.2% |
| 2016 | -107.6% | -0.6% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Milton And Leonore Schmuhl Scholarship Fund with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Milton And Leonore Schmuhl Scholarship Fund allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization operates with an entirely volunteer or unpaid leadership structure, which is highly efficient for a scholarship fund of this 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.
Red Flags
The following concerns were identified during AI analysis of Milton And Leonore Schmuhl Scholarship Fund's IRS 990 filings:
- Negative revenue reported in multiple periods (e.g., $-28,474 in 2023, $-9,482 in 2016)
- Long-term trend of declining assets (from $3,078,865 in 2012 to $2,474,904 in 2023)
Strengths
The following positive indicators were identified for Milton And Leonore Schmuhl Scholarship Fund:
- 100% of expenses consistently allocated to program services (scholarships)
- Zero officer compensation, indicating highly efficient and volunteer-driven operations
- Consistent IRS 990 filing history demonstrating transparency
- No reported liabilities across all filing periods, indicating strong financial management
- Substantial asset base ($2,474,904 in 2023) to support future scholarships
Frequently Asked Questions about Milton And Leonore Schmuhl Scholarship Fund
Is Milton And Leonore Schmuhl Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Milton And Leonore Schmuhl Scholarship Fund (EIN: 201291627) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Milton And Leonore Schmuhl Scholarship Fund spend its money?
Milton And Leonore Schmuhl Scholarship Fund directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Milton And Leonore Schmuhl Scholarship Fund tax-deductible?
Milton And Leonore Schmuhl Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 201291627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Milton And Leonore Schmuhl Scholarship Fund compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Milton And Leonore Schmuhl Scholarship Fund is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Milton And Leonore Schmuhl Scholarship Fund located?
Milton And Leonore Schmuhl Scholarship Fund is headquartered in Saint Louis, Missouri and files with the IRS under EIN 201291627. It is classified under NTEE code B82.
How many years of IRS 990 filings does Milton And Leonore Schmuhl Scholarship Fund have?
Milton And Leonore Schmuhl Scholarship Fund has 9 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 $509K in total revenue.
How does the organization manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the fund is managed by volunteers or through an external entity that covers administrative costs, allowing all direct expenses to be program-related.
What caused the negative revenue reported in 2023 and 2016?
Negative revenue figures, such as $-28,474 in 2023 and $-9,482 in 2016, typically indicate investment losses or significant returns/adjustments that exceeded income for those periods. Further detail would require examining the full 990 forms for investment income and other revenue sources.
Is the long-term decline in assets a concern for sustainability?
While assets have decreased from $3,078,865 in 2012 to $2,474,904 in 2023, the fund still maintains a substantial asset base. However, if expenses continue to outpace revenue, particularly with negative revenue periods, it could impact the fund's ability to sustain scholarship levels in the very long term.
Filing History
IRS 990 filing history for Milton And Leonore Schmuhl Scholarship Fund showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Milton And Leonore Schmuhl Scholarship Fund's revenue has declined by 130.2%, moving from $94K to $-28,474. Total assets decreased by 19.6% over the same period, from $3.1M to $2.5M. Total functional expenses rose by 45.4%, from $193K to $281K. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-28,474 | $281K | $2.5M | $1 | — | View 990 |
| 2022 | $166K | $170K | $2.8M | $1 | — | View 990 |
| 2021 | $226K | $166K | $2.8M | $1 | — | View 990 |
| 2020 | $203K | $176K | $2.7M | $0 | — | View 990 |
| 2016 | $-9,482 | $191K | $2.7M | $0 | — | View 990 |
| 2015 | $124K | $193K | $2.9M | $0 | — | View 990 |
| 2014 | $164K | $198K | $3.0M | $0 | — | View 990 |
| 2013 | $128K | $193K | $3.0M | $0 | — | View 990 |
| 2012 | $94K | $193K | $3.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-28,474, expenses of $281K, and assets of $2.5M (revenue -117.1% year-over-year).
- 2022: Revenue of $166K, expenses of $170K, and assets of $2.8M (revenue -26.4% year-over-year).
- 2021: Revenue of $226K, expenses of $166K, and assets of $2.8M (revenue +11.5% year-over-year).
- 2020: Revenue of $203K, expenses of $176K, and assets of $2.7M.
- 2016: Revenue of $-9,482, expenses of $191K, and assets of $2.7M (revenue -107.6% year-over-year).
- 2015: Revenue of $124K, expenses of $193K, and assets of $2.9M (revenue -24.1% year-over-year).
- 2014: Revenue of $164K, expenses of $198K, and assets of $3.0M (revenue +27.5% year-over-year).
- 2013: Revenue of $128K, expenses of $193K, and assets of $3.0M (revenue +36.2% year-over-year).
- 2012: Revenue of $94K, expenses of $193K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milton And Leonore Schmuhl Scholarship Fund:
Data Sources and Methodology
This transparency report for Milton And Leonore Schmuhl Scholarship Fund 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.