Schroth Family Foundation Inc
Schroth Family Foundation maintains substantial assets with zero officer compensation and highly variable annual revenue.
EIN: 10747898 · Tequesta, FL · NTEE: T90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| Net Assets | $29.5M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Schroth Family Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Schroth Family Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Schroth Family Foundation Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $948K and expenses of $1.3M.
Revenue and Expenses
Schroth Family Foundation Inc reported $948K in revenue and $1.3M in expenses, a deficit of $391K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.
Is Schroth Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.2M (90%) |
Across stored filings, Schroth Family Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Cornelia Warren Community Assn Inc | Florida and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Keep the Investigation Moving
Schroth Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Schroth Family Foundation Inc
Schroth Family Foundation Inc (EIN: 10747898) is a nonprofit organization based in Tequesta, FL, classified under NTEE code T90. The organization reported total revenue of $1.3M and total assets of $29.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Schroth Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Schroth Family Foundation Inc is a mid-size nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 214.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $948K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-391,417 |
| Total Assets | $29.5M |
| Total Liabilities | $1 |
| Net Assets | $29.5M |
| Operating Margin | -41.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 264.7 months |
Financial Health Grade: B
In 2023, Schroth Family Foundation Inc reported a deficit of $391K with expenses exceeding revenue, holds 264.7 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), Schroth Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 214.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.3% | +115.9% | -1.3% |
| 2022 | +4122.9% | +53.2% | +540.8% |
| 2021 | +167.3% | +23.8% | +4.7% |
| 2020 | -16.4% | +4.5% | -2.1% |
| 2019 | +117.6% | +22.4% | -12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Schroth Family Foundation Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Schroth Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $391K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Schroth Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is a strong positive for minimizing administrative overhead and maximizing resources for its philanthropic mission.
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 Schroth Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Substantial and growing asset base, reaching nearly $30 million, providing long-term financial stability.
- Minimal liabilities ($0 or $1) consistently reported, demonstrating strong financial management.
- Consistent filing history (10 filings), indicating good compliance and transparency.
Frequently Asked Questions about Schroth Family Foundation Inc
Is Schroth Family Foundation Inc a legitimate charity?
Schroth Family Foundation Inc (EIN: 10747898) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Schroth Family Foundation Inc spend its money?
Schroth Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Schroth Family Foundation Inc tax-deductible?
Schroth Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10747898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Schroth Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Schroth Family Foundation Inc is above average for NTEE category T90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Schroth Family Foundation Inc located?
Schroth Family Foundation Inc is headquartered in Tequesta, Florida and files with the IRS under EIN 10747898. It is classified under NTEE code T90.
How many years of IRS 990 filings does Schroth Family Foundation Inc have?
Schroth Family Foundation Inc 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 $1.3M in total revenue.
What is the primary focus of the Schroth Family Foundation's grant-making?
Based on the NTEE code T90 (Private Grantmaking Foundations), the foundation's primary focus is making grants to other organizations. Specific areas of interest are not detailed in the provided financial summary.
Why was there a significant revenue spike in 2022?
The revenue spike to $25,888,531 in 2022 was likely due to a large contribution from a donor or significant investment gains, as is common for private foundations. This significantly increased the foundation's asset base.
How does the foundation manage its assets to support its mission?
With assets consistently in the millions, peaking at nearly $30 million, the foundation likely invests its endowment to generate income for grant-making, ensuring long-term sustainability for its philanthropic activities.
Filing History
IRS 990 filing history for Schroth Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Schroth Family Foundation Inc's revenue has grown by 94813900%, moving from $1 to $948K. Total assets increased by 2954888400% over the same period, from $1 to $29.5M. In its most recent filing year (2023), Schroth Family Foundation Inc reported a deficit of $391K, with expenses exceeding revenue. The organization holds $1 in liabilities against $29.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $29.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $948K | $1.3M | $29.5M | $1 | — | — |
| 2022 | $25.9M | $621K | $29.9M | $1 | — | View 990 |
| 2021 | $613K | $405K | $4.7M | $1 | — | View 990 |
| 2020 | $229K | $327K | $4.5M | $1 | — | View 990 |
| 2019 | $274K | $313K | $4.6M | $0 | — | View 990 |
| 2015 | $126K | $256K | $5.2M | $1 | — | View 990 |
| 2014 | $46K | $0 | $5.1M | $1 | — | View 990 |
| 2013 | $1 | $0 | $1 | $0 | — | View 990 |
| 2012 | $1 | $0 | $1 | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $948K, expenses of $1.3M, and assets of $29.5M (revenue -96.3% year-over-year).
- 2022: Revenue of $25.9M, expenses of $621K, and assets of $29.9M (revenue +4122.9% year-over-year).
- 2021: Revenue of $613K, expenses of $405K, and assets of $4.7M (revenue +167.3% year-over-year).
- 2020: Revenue of $229K, expenses of $327K, and assets of $4.5M (revenue -16.4% year-over-year).
- 2019: Revenue of $274K, expenses of $313K, and assets of $4.6M (revenue +117.6% year-over-year).
- 2015: Revenue of $126K, expenses of $256K, and assets of $5.2M (revenue +173.5% year-over-year).
- 2014: Revenue of $46K, expenses of $0, and assets of $5.1M (revenue +4607700.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Schroth Family Foundation Inc:
Data Sources and Methodology
This transparency report for Schroth Family 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.