Schwartz Foundation
Schwartz Foundation shows significant asset growth and no reported officer compensation amidst fluctuating revenues.
EIN: 205280622 · Topeka, KS · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $367K |
| Program Spending | 80% |
| Net Assets | $5.0M |
| Transparency Score | 85/100 |
Is Schwartz Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Schwartz Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Schwartz Foundation
Schwartz Foundation (EIN: 205280622) is a nonprofit organization based in Topeka, KS, classified under NTEE code T20. The organization reported total revenue of $1.9M and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Schwartz Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Schwartz Foundation is a mid-size nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 214.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $367K |
| Surplus / Deficit | $-69,485 |
| Total Assets | $5.3M |
| Total Liabilities | $342K |
| Net Assets | $5.0M |
| Operating Margin | -23.3% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 173.0 months |
Financial Health Grade: B
In 2022, Schwartz Foundation reported a deficit of $69K with expenses exceeding revenue, holds 173.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Schwartz Foundation's revenue has grown at a compound annual growth rate (CAGR) of 214.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -85.4% | +0.7% | -15.9% |
| 2021 | +458.0% | -13.8% | +48.1% |
| 2020 | +8.1% | +124.6% | +39.4% |
| 2019 | -80.8% | +1128.7% | +69.8% |
| 2015 | +1625.9% | +1194.3% | +1663.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Schwartz Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Schwartz Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $69K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.5%.
Executive Compensation Analysis
The Schwartz Foundation reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for minimizing administrative costs.
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 Schwartz Foundation's IRS 990 filings:
- Highly volatile revenue streams, making future financial planning unpredictable.
- Significant liabilities in recent years (e.g., $1,270,777 in 2021) without clear explanation in public filings.
Strengths
The following positive indicators were identified for Schwartz Foundation:
- Consistent asset growth, reaching $6,941,169, indicating strong financial stewardship over time.
- 0% reported officer compensation across all filings, demonstrating a commitment to minimizing executive overhead.
- Strong financial reserves relative to annual expenses in most periods, suggesting stability.
Frequently Asked Questions about Schwartz Foundation
Is Schwartz Foundation a legitimate charity?
Schwartz Foundation (EIN: 205280622) is a registered tax-exempt nonprofit based in Kansas. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Schwartz Foundation spend its money?
Schwartz Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Schwartz Foundation tax-deductible?
Schwartz Foundation is registered as a tax-exempt nonprofit (EIN: 205280622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Schwartz Foundation's spending goes to programs?
Schwartz Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Schwartz Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Schwartz Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Schwartz Foundation located?
Schwartz Foundation is headquartered in Topeka, Kansas and files with the IRS under EIN 205280622. It is classified under NTEE code T20.
How many years of IRS 990 filings does Schwartz Foundation have?
Schwartz Foundation 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 $1.9M in total revenue.
What caused the significant fluctuations in annual revenue, such as the drop from $2,038,066 in 2021 to $297,647 in 2022?
The IRS 990 filings alone do not provide specific details on the sources of revenue or the reasons for such large year-over-year variations. This could be due to large one-time grants, investment gains, or changes in fundraising strategies.
What were the nature of the high liabilities reported in 2021 ($1,270,777) and 2020 ($877,326)?
The filings do not specify the types of liabilities. Understanding if these were program-related payables, loans, or other obligations would provide a clearer picture of financial risk.
How does the Schwartz Foundation manage its program expenses given the absence of reported officer compensation?
The consistent 0% officer compensation suggests a highly efficient or volunteer-driven operational model for program delivery, but without detailed expense breakdowns, the exact mechanisms are unclear.
Filing History
IRS 990 filing history for Schwartz Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Schwartz Foundation's revenue has grown by 29764600%, moving from $1 to $298K. Total assets increased by 1400107.4% over the same period, from $378 to $5.3M. Total functional expenses rose by 29270.6%, from $1K to $367K. In its most recent filing year (2022), Schwartz Foundation reported a deficit of $69K, with expenses exceeding revenue. The organization holds $342K in liabilities against $5.3M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $298K | $367K | $5.3M | $342K | — | View 990 |
| 2021 | $2.0M | $364K | $6.3M | $1.3M | — | View 990 |
| 2020 | $365K | $423K | $4.2M | $877K | — | View 990 |
| 2019 | $338K | $188K | $3.0M | $460K | — | View 990 |
| 2015 | $1.8M | $15K | $1.8M | $0 | — | View 990 |
| 2014 | $102K | $1K | $102K | $1 | — | View 990 |
| 2013 | $1 | $1K | $939 | $1 | — | View 990 |
| 2012 | $3K | $1K | $3K | $600 | — | View 990 |
| 2011 | $1 | $1K | $378 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $298K, expenses of $367K, and assets of $5.3M (revenue -85.4% year-over-year).
- 2021: Revenue of $2.0M, expenses of $364K, and assets of $6.3M (revenue +458.0% year-over-year).
- 2020: Revenue of $365K, expenses of $423K, and assets of $4.2M (revenue +8.1% year-over-year).
- 2019: Revenue of $338K, expenses of $188K, and assets of $3.0M (revenue -80.8% year-over-year).
- 2015: Revenue of $1.8M, expenses of $15K, and assets of $1.8M (revenue +1625.9% year-over-year).
- 2014: Revenue of $102K, expenses of $1K, and assets of $102K (revenue +10199900.0% year-over-year).
- 2013: Revenue of $1, expenses of $1K, and assets of $939 (revenue -100.0% year-over-year).
- 2012: Revenue of $3K, expenses of $1K, and assets of $3K (revenue +299900.0% year-over-year).
- 2011: Revenue of $1, expenses of $1K, and assets of $378.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Schwartz Foundation:
Data Sources and Methodology
This transparency report for Schwartz 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.