Scott And Robyn Scharman Family Foundation Inc
EIN: 270158181 · Sandy, UT · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $483K |
| Net Assets | $6K |
Is Scott And Robyn Scharman Family Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scott And Robyn Scharman Family Foundation Inc
Scott And Robyn Scharman Family Foundation Inc (EIN: 270158181) is a nonprofit organization based in Sandy, UT, classified under NTEE code T22. The organization reported total revenue of $64K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scott And Robyn Scharman Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scott And Robyn Scharman Family Foundation Inc is a micro nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $459K |
| Total Expenses | $483K |
| Surplus / Deficit | $-24,006 |
| Total Assets | $6K |
| Total Liabilities | $1 |
| Net Assets | $6K |
| Operating Margin | -5.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Scott And Robyn Scharman Family Foundation Inc reported a deficit of $24K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Scott And Robyn Scharman Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +473.4% | +777.8% | -80.0% |
| 2022 | -93.0% | -95.2% | +498.1% |
| 2021 | +1223.7% | +1225.0% | +35.5% |
| 2020 | -97.4% | -97.4% | +5.2% |
| 2019 | +1902.9% | +1906.1% | +363.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scott And Robyn Scharman Family Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Scott And Robyn Scharman Family Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Scott And Robyn Scharman Family Foundation Inc
Is Scott And Robyn Scharman Family Foundation Inc a legitimate charity?
Scott And Robyn Scharman Family Foundation Inc (EIN: 270158181) is a registered tax-exempt nonprofit based in Utah. It has 10 years of IRS 990 filings on record. Total revenue: $64K. No red flags identified. Financial health grade: C.
How does Scott And Robyn Scharman Family Foundation Inc spend its money?
Scott And Robyn Scharman Family Foundation Inc reported $64K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Scott And Robyn Scharman Family Foundation Inc tax-deductible?
Scott And Robyn Scharman Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 270158181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scott And Robyn Scharman Family Foundation Inc located?
Scott And Robyn Scharman Family Foundation Inc is headquartered in Sandy, Utah and files with the IRS under EIN 270158181. It is classified under NTEE code T22.
How many years of IRS 990 filings does Scott And Robyn Scharman Family Foundation Inc have?
Scott And Robyn Scharman 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 $64K in total revenue.
Filing History
IRS 990 filing history for Scott And Robyn Scharman Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Scott And Robyn Scharman Family Foundation Inc's revenue has grown by 16%, moving from $396K to $459K. Total assets increased by 439.9% over the same period, from $1K to $6K. Total functional expenses rose by 21.6%, from $397K to $483K. In its most recent filing year (2023), Scott And Robyn Scharman Family Foundation Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $483K | $6K | $1 | — | View 990 |
| 2022 | $80K | $55K | $30K | $1 | — | View 990 |
| 2021 | $1.1M | $1.1M | $5K | $1 | — | View 990 |
| 2020 | $87K | $86K | $4K | $1 | — | View 990 |
| 2019 | $3.4M | $3.4M | $4K | $1 | — | View 990 |
| 2015 | $168K | $167K | $760 | $1 | — | View 990 |
| 2014 | $191K | $191K | $544 | $1 | — | View 990 |
| 2013 | $187K | $186K | $1K | $0 | — | View 990 |
| 2012 | $448K | $449K | $246 | $0 | — | View 990 |
| 2011 | $396K | $397K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $483K, and assets of $6K (revenue +473.4% year-over-year).
- 2022: Revenue of $80K, expenses of $55K, and assets of $30K (revenue -93.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $5K (revenue +1223.7% year-over-year).
- 2020: Revenue of $87K, expenses of $86K, and assets of $4K (revenue -97.4% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.4M, and assets of $4K (revenue +1902.9% year-over-year).
- 2015: Revenue of $168K, expenses of $167K, and assets of $760 (revenue -12.1% year-over-year).
- 2014: Revenue of $191K, expenses of $191K, and assets of $544 (revenue +2.3% year-over-year).
- 2013: Revenue of $187K, expenses of $186K, and assets of $1K (revenue -58.4% year-over-year).
- 2012: Revenue of $448K, expenses of $449K, and assets of $246 (revenue +13.3% year-over-year).
- 2011: Revenue of $396K, expenses of $397K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scott And Robyn Scharman Family Foundation Inc:
Data Sources and Methodology
This transparency report for Scott And Robyn Scharman 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.