Sam Schubert Foundation
Sam Schubert Foundation maintains strong asset growth and zero reported officer compensation over a decade.
EIN: 200447577 · Louisville, KY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $487K |
| Total Expenses | $182K |
| Program Spending | 90% |
| Net Assets | $2.8M |
| Transparency Score | 92/100 |
Is Sam Schubert Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sam Schubert Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sam Schubert Foundation
Sam Schubert Foundation (EIN: 200447577) is a nonprofit organization based in Louisville, KY, classified under NTEE code T22. The organization reported total revenue of $487K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sam Schubert Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sam Schubert Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $306K |
| Total Expenses | $182K |
| Surplus / Deficit | +$124K |
| Total Assets | $2.8M |
| Total Liabilities | $1 |
| Net Assets | $2.8M |
| Operating Margin | 40.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 182.1 months |
Financial Health Grade: A
In 2023, Sam Schubert Foundation reported a surplus of $124K with revenue exceeding expenses, holds 182.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Sam Schubert Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +137.9% | +32.5% | +15.8% |
| 2022 | -58.7% | +15.2% | -17.0% |
| 2021 | +377.4% | +135.4% | +25.8% |
| 2020 | -76.2% | -63.6% | -4.2% |
| 2019 | +174.2% | +113.4% | +235.4% |
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 Sam Schubert Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sam Schubert Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a surplus of $124K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all ten available IRS 990 filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable 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.
Strengths
The following positive indicators were identified for Sam Schubert Foundation:
- Consistent 0% reported officer compensation across all filings.
- Significant growth in assets from $743,387 in 2011 to $2,756,038 in 2023.
- Minimal liabilities, often $0 or $1, indicating strong financial stability.
- Healthy operating surplus in the most recent period (202312: Revenue $305,997 vs. Expenses $181,621).
- Consistent filing history with 10 IRS 990s available.
Frequently Asked Questions about Sam Schubert Foundation
Is Sam Schubert Foundation a legitimate charity?
Sam Schubert Foundation (EIN: 200447577) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $487K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Sam Schubert Foundation spend its money?
Sam Schubert Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Sam Schubert Foundation tax-deductible?
Sam Schubert Foundation is registered as a tax-exempt nonprofit (EIN: 200447577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sam Schubert Foundation's spending goes to programs?
Sam Schubert Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sam Schubert Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Sam Schubert 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 Sam Schubert Foundation located?
Sam Schubert Foundation is headquartered in Louisville, Kentucky and files with the IRS under EIN 200447577. It is classified under NTEE code T22.
How many years of IRS 990 filings does Sam Schubert Foundation have?
Sam Schubert 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 $487K in total revenue.
Is Sam Schubert Foundation a good charity?
Based on the provided financial data, the Sam Schubert Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets ($2,756,038 in 2023), consistent revenue generation, and remarkably, 0% reported officer compensation across all filings, suggesting a high dedication of resources to its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved over time. Assets have grown from $743,387 in 2011 to $2,756,038 in 2023. While revenue has fluctuated, it has generally trended upwards, with the latest period (202312) showing $305,997 in revenue against $181,621 in expenses, indicating a healthy operating surplus.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% reported officer compensation in all ten available IRS 990 filings. This suggests a strong commitment to directing funds towards its programs rather than administrative overhead for leadership.
Are there any concerns regarding the foundation's liabilities?
No, there are no significant concerns regarding the foundation's liabilities. Liabilities have consistently been reported as very low, often $1 or $0, across all filings, indicating excellent financial stability and minimal debt.
Filing History
IRS 990 filing history for Sam Schubert Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sam Schubert Foundation's revenue has grown by 1171.3%, moving from $24K to $306K. Total assets increased by 270.7% over the same period, from $743K to $2.8M. Total functional expenses rose by 232.9%, from $55K to $182K. In its most recent filing year (2023), Sam Schubert Foundation reported a surplus of $124K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $306K | $182K | $2.8M | $1 | — | — |
| 2022 | $129K | $137K | $2.4M | $1 | — | View 990 |
| 2021 | $312K | $119K | $2.9M | $1K | — | View 990 |
| 2020 | $65K | $51K | $2.3M | $1K | — | View 990 |
| 2019 | $275K | $139K | $2.4M | $1 | — | View 990 |
| 2015 | $100K | $65K | $710K | $1 | — | View 990 |
| 2014 | $58K | $77K | $683K | $1 | — | View 990 |
| 2013 | $57K | $64K | $701K | $1 | — | View 990 |
| 2012 | $26K | $60K | $707K | $0 | — | View 990 |
| 2011 | $24K | $55K | $743K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $306K, expenses of $182K, and assets of $2.8M (revenue +137.9% year-over-year).
- 2022: Revenue of $129K, expenses of $137K, and assets of $2.4M (revenue -58.7% year-over-year).
- 2021: Revenue of $312K, expenses of $119K, and assets of $2.9M (revenue +377.4% year-over-year).
- 2020: Revenue of $65K, expenses of $51K, and assets of $2.3M (revenue -76.2% year-over-year).
- 2019: Revenue of $275K, expenses of $139K, and assets of $2.4M (revenue +174.2% year-over-year).
- 2015: Revenue of $100K, expenses of $65K, and assets of $710K (revenue +73.5% year-over-year).
- 2014: Revenue of $58K, expenses of $77K, and assets of $683K (revenue +1.7% year-over-year).
- 2013: Revenue of $57K, expenses of $64K, and assets of $701K (revenue +116.1% year-over-year).
- 2012: Revenue of $26K, expenses of $60K, and assets of $707K (revenue +9.2% year-over-year).
- 2011: Revenue of $24K, expenses of $55K, and assets of $743K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sam Schubert Foundation:
Data Sources and Methodology
This transparency report for Sam Schubert 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.