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

$1.3MRevenue

$29.0MAssets

85/100Mission Score (Excellent)

T90

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.

AI Transparency Report

The Schroth Family Foundation Inc operates as a private foundation, as indicated by its NTEE code T90 and its financial structure. Its financial health appears robust, with significant assets totaling $28,989,919, and a recent asset peak of $29,940,302 in 2022. Revenue has been highly variable, with a substantial spike to $25,888,531 in 2022, likely due to a large contribution or investment gain, followed by $948,140 in 2023. The foundation consistently reports minimal liabilities ($1 or $0), suggesting a strong balance sheet and low financial risk. 

Spending efficiency is difficult to fully assess without a detailed breakdown of program vs. administrative expenses, which is not provided in the summary data. However, the foundation consistently reports 0% officer compensation, which is a positive indicator for minimizing overhead related to executive pay. The primary function of a private foundation is to make grants, and the expense figures represent the total outflows, including grants and operational costs. The foundation's transparency is good in terms of public filings, with 10 filings available, and the consistent reporting of zero officer compensation enhances trust.

Given the nature of a private foundation, its 'spending efficiency' is often measured by its grant-making activity relative to its asset base, rather than a traditional program spending ratio for public charities. The foundation's expenses have fluctuated, with $1,339,557 in 2023 and $620,540 in 2022, indicating active grant-making or operational spending. The significant asset base suggests a long-term philanthropic commitment.

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.

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

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.	PDF
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.

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.