Monroe Schuler Foundation
Monroe Schuler Foundation shows volatile revenue and expenses, with a significant increase in liabilities in 2023.
EIN: 205968471 · Reno, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $511K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.7M |
| Transparency Score | 60/100 |
Is Monroe Schuler Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monroe Schuler Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Monroe Schuler Foundation
Monroe Schuler Foundation (EIN: 205968471) is a nonprofit organization based in Reno, NV, classified under NTEE code T22. The organization reported total revenue of $1.1M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe Schuler Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe Schuler Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $511K |
| Surplus / Deficit | $-434,301 |
| Total Assets | $5.7M |
| Total Liabilities | $2K |
| Net Assets | $5.7M |
| Operating Margin | -562.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.2 months |
Financial Health Grade: B
In 2023, Monroe Schuler Foundation reported a deficit of $434K with expenses exceeding revenue, holds 133.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.9% | +25.1% | -7.2% |
| 2022 | -51.1% | +0.8% | +0.3% |
| 2021 | -71.1% | +65.0% | +8.3% |
| 2020 | +2107.6% | +7.5% | +97.2% |
| 2019 | +71.1% | -4.5% | -12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Monroe Schuler Foundation with a Mission Score of 60 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Monroe Schuler Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% 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 $434K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Monroe Schuler Foundation consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization with over $5 million in assets.
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 Monroe Schuler Foundation's IRS 990 filings:
- Significant operating deficits in multiple years (e.g., 2023: Revenue $77,179 vs. Expenses $511,480)
- Dramatic increase in liabilities in 2023 to $2,268,000 from negligible amounts previously
- Highly volatile revenue streams, making financial planning and sustainability challenging
- Lack of detailed expense breakdown (program, admin, fundraising) in summary data, hindering efficiency assessment
Strengths
The following positive indicators were identified for Monroe Schuler Foundation:
- Consistent filing of IRS Form 990s over a decade, indicating regulatory compliance
- Substantial asset base ($5,630,634 latest, $5,678,600 in 2023) providing financial cushion
- No reported officer compensation, potentially indicating a volunteer-driven leadership or efficient use of funds in that area
Frequently Asked Questions about Monroe Schuler Foundation
Is Monroe Schuler Foundation a legitimate charity?
Monroe Schuler Foundation (EIN: 205968471) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Monroe Schuler Foundation spend its money?
Monroe Schuler Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Monroe Schuler Foundation tax-deductible?
Monroe Schuler Foundation is registered as a tax-exempt nonprofit (EIN: 205968471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Monroe Schuler Foundation CEO make?
Monroe Schuler Foundation's highest-compensated officer earns $5 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Monroe Schuler Foundation's spending goes to programs?
Monroe Schuler Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Monroe Schuler Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Monroe Schuler Foundation 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 Monroe Schuler Foundation located?
Monroe Schuler Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 205968471. It is classified under NTEE code T22.
How many years of IRS 990 filings does Monroe Schuler Foundation have?
Monroe Schuler 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 $1.1M in total revenue.
What caused the significant increase in liabilities to $2,268,000 in 2023, compared to minimal liabilities in previous years?
The provided data does not specify the nature of this liability increase. It could be due to new debt, grants payable, or other financial obligations, and would require reviewing the full 2023 IRS 990 filing for details.
How does the Monroe Schuler Foundation sustain operations given that expenses frequently exceed revenue, such as in 2023 where expenses were $511,480 against revenue of $77,179?
The foundation likely draws from its substantial asset base ($5,678,600 in 2023) to cover operational deficits, or it may have other unreported income sources or restricted funds. This pattern is not sustainable long-term without significant revenue growth or expense reduction.
What is the specific breakdown of program, administrative, and fundraising expenses for the Monroe Schuler Foundation?
The provided summary data does not offer a detailed breakdown of expenses into these categories. A full IRS 990 filing would be necessary to determine the exact allocation of funds.
Filing History
IRS 990 filing history for Monroe Schuler Foundation showing financial trends over 10 years of public records:
Total assets increased by 56.4% over the same period, from $3.6M to $5.7M. Total functional expenses rose by 143%, from $211K to $511K. In its most recent filing year (2023), Monroe Schuler Foundation reported a deficit of $434K, with expenses exceeding revenue. The organization holds $2K in liabilities against $5.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $511K | $5.7M | $2K | — | — |
| 2022 | $426K | $409K | $6.1M | $7K | — | View 990 |
| 2021 | $871K | $405K | $6.1M | $4K | — | View 990 |
| 2020 | $3.0M | $246K | $5.6M | $4K | — | View 990 |
| 2019 | $137K | $229K | $2.9M | $784 | — | — |
| 2015 | $80K | $239K | $3.3M | $874 | — | View 990 |
| 2014 | $251K | $242K | $3.4M | $879 | — | View 990 |
| 2013 | $209K | $208K | $3.4M | $885 | — | View 990 |
| 2012 | $31K | $233K | $3.4M | $885 | — | View 990 |
| 2011 | $-197,884 | $211K | $3.6M | $885 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $511K, and assets of $5.7M (revenue -81.9% year-over-year).
- 2022: Revenue of $426K, expenses of $409K, and assets of $6.1M (revenue -51.1% year-over-year).
- 2021: Revenue of $871K, expenses of $405K, and assets of $6.1M (revenue -71.1% year-over-year).
- 2020: Revenue of $3.0M, expenses of $246K, and assets of $5.6M (revenue +2107.6% year-over-year).
- 2019: Revenue of $137K, expenses of $229K, and assets of $2.9M (revenue +71.1% year-over-year).
- 2015: Revenue of $80K, expenses of $239K, and assets of $3.3M (revenue -68.2% year-over-year).
- 2014: Revenue of $251K, expenses of $242K, and assets of $3.4M (revenue +20.4% year-over-year).
- 2013: Revenue of $209K, expenses of $208K, and assets of $3.4M (revenue +570.0% year-over-year).
- 2012: Revenue of $31K, expenses of $233K, and assets of $3.4M.
- 2011: Revenue of $-197,884, expenses of $211K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe Schuler Foundation:
Data Sources and Methodology
This transparency report for Monroe Schuler 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.