The Helmut Wolfgang Schumann Foundation
The Helmut Wolfgang Schumann Foundation: Consistent Spending, Declining Revenue
EIN: 222573793 · Hanover, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $134K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $2.2M |
| Transparency Score | 75/100 |
Is The Helmut Wolfgang Schumann Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Helmut Wolfgang Schumann Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Helmut Wolfgang Schumann Foundation
The Helmut Wolfgang Schumann Foundation (EIN: 222573793) is a nonprofit organization based in Hanover, NH. The organization reported total revenue of $1.1M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Helmut Wolfgang Schumann Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Helmut Wolfgang Schumann Foundation is a mid-size nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $125K |
| Total Expenses | $134K |
| Surplus / Deficit | $-9,103 |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | -7.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 196.2 months |
Financial Health Grade: B
In 2023, The Helmut Wolfgang Schumann Foundation reported a deficit of $9K with expenses exceeding revenue, holds 196.2 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), The Helmut Wolfgang Schumann Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.5% | -27.2% | -0.3% |
| 2022 | +6.7% | -17.5% | +0.3% |
| 2021 | +100.9% | -1.9% | -1.7% |
| 2020 | -71.9% | +68.5% | -5.8% |
| 2019 | +200.5% | +24.0% | +11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 The Helmut Wolfgang Schumann Foundation with a Mission Score of 75 out of 100 (Good). 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: 70%
- fundraising: 15%
According to IRS 990 filings, The Helmut Wolfgang Schumann Foundation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or that no individuals meet the reporting thresholds for compensation.
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 The Helmut Wolfgang Schumann Foundation's IRS 990 filings:
- Total revenue has shown a significant decline from $317,723 in 2019 to $125,268 in 2023, a decrease of over 60%.
Strengths
The following positive indicators were identified for The Helmut Wolfgang Schumann Foundation:
- The foundation maintains a healthy asset base, consistently above $2 million, providing financial stability despite revenue fluctuations.
- A consistent spending breakdown with a high percentage allocated to programs (70%) indicates a strong focus on its mission.
Frequently Asked Questions about The Helmut Wolfgang Schumann Foundation
Is The Helmut Wolfgang Schumann Foundation a legitimate charity?
The Helmut Wolfgang Schumann Foundation (EIN: 222573793) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 2 strengths noted. Financial health grade: B.
How does The Helmut Wolfgang Schumann Foundation spend its money?
The Helmut Wolfgang Schumann Foundation directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to The Helmut Wolfgang Schumann Foundation tax-deductible?
The Helmut Wolfgang Schumann Foundation is registered as a tax-exempt nonprofit (EIN: 222573793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Helmut Wolfgang Schumann Foundation CEO make?
The Helmut Wolfgang Schumann Foundation's highest-compensated officer earns $0 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Helmut Wolfgang Schumann Foundation's spending goes to programs?
The Helmut Wolfgang Schumann Foundation directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The Helmut Wolfgang Schumann Foundation located?
The Helmut Wolfgang Schumann Foundation is headquartered in Hanover, New Hampshire and files with the IRS under EIN 222573793.
How many years of IRS 990 filings does The Helmut Wolfgang Schumann Foundation have?
The Helmut Wolfgang Schumann 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 $1.1M in total revenue.
What does The Helmut Wolfgang Schumann Foundation do?
The Helmut Wolfgang Schumann Foundation is a nonprofit organization in the Unknown sector, located in Hanover, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does The Helmut Wolfgang Schumann Foundation have?
The Helmut Wolfgang Schumann Foundation reported total revenue of $1,128,895. Based on 10 IRS 990 filings on record.
What are The Helmut Wolfgang Schumann Foundation's total assets?
The Helmut Wolfgang Schumann Foundation holds total assets of $2,147,503 as reported in IRS 990 filings.
Where is The Helmut Wolfgang Schumann Foundation located?
The Helmut Wolfgang Schumann Foundation is based in Hanover, New Hampshire.
What is The Helmut Wolfgang Schumann Foundation's EIN?
The Helmut Wolfgang Schumann Foundation's Employer Identification Number (EIN) is 222573793. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Helmut Wolfgang Schumann Foundation?
The Helmut Wolfgang Schumann Foundation is classified under NTEE code Unknown (Unknown).
Is The Helmut Wolfgang Schumann Foundation a registered 501(c)(3)?
The Helmut Wolfgang Schumann Foundation appears in IRS records (EIN: 222573793). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Helmut Wolfgang Schumann Foundation file IRS Form 990?
Yes, The Helmut Wolfgang Schumann Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202310.
What was The Helmut Wolfgang Schumann Foundation's revenue in 2023?
In the 202310 filing period, The Helmut Wolfgang Schumann Foundation reported total revenue of $125,268, total expenses of $134,371, and net assets of $2,196,425.
Is The Helmut Wolfgang Schumann Foundation's revenue growing or declining?
The Helmut Wolfgang Schumann Foundation's revenue is declining. Revenue went from $191,199 (202210) to $125,268 (202310), a -34.5% change. Based on 10 filings on record.
What is The Helmut Wolfgang Schumann Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Helmut Wolfgang Schumann Foundation covers tax period 202310. It shows revenue of $125,268, expenses of $134,371, total assets of $2,196,425, and liabilities of $1.
How much does The Helmut Wolfgang Schumann Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Helmut Wolfgang Schumann Foundation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is The Helmut Wolfgang Schumann Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Helmut Wolfgang Schumann Foundation appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 2 strengths noted.
What are the red flags for The Helmut Wolfgang Schumann Foundation?
The following concerns were identified: Total revenue has shown a significant decline from $317,723 in 2019 to $125,268 in 2023, a decrease of over 60%.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Helmut Wolfgang Schumann Foundation's strengths?
Positive indicators for The Helmut Wolfgang Schumann Foundation include: The foundation maintains a healthy asset base, consistently above $2 million, providing financial stability despite revenue fluctuations.. A consistent spending breakdown with a high percentage allocated to programs (70%) indicates a strong focus on its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does The Helmut Wolfgang Schumann Foundation compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or that no individuals meet the reporting thresholds for compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation and the 'no' for lobbying/political activities, what is the primary mechanism through which the foundation achieves its mission?
The consistent reporting suggests the foundation likely operates with a volunteer board and staff, or through grants to other organizations, rather than direct operational expenses or advocacy, to achieve its mission.
What factors might be contributing to the significant decline in revenue observed from 2019 to 2023, and how might this impact future program delivery?
The decline in revenue could be due to reduced donations, investment income fluctuations, or changes in funding strategies. If this trend continues without a corresponding reduction in expenses or an increase in asset utilization, it could eventually constrain the foundation's ability to fund programs at current levels.
Filing History
IRS 990 filing history for The Helmut Wolfgang Schumann Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Helmut Wolfgang Schumann Foundation's revenue has declined by 7.9%, moving from $136K to $125K. Total assets increased by 7.2% over the same period, from $2.0M to $2.2M. Total functional expenses fell by 29.3%, from $190K to $134K. In its most recent filing year (2023), The Helmut Wolfgang Schumann Foundation reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $125K | $134K | $2.2M | $1 | — | View 990 |
| 2022 | $191K | $185K | $2.2M | $1 | — | View 990 |
| 2021 | $179K | $224K | $2.2M | $1 | — | View 990 |
| 2020 | $89K | $228K | $2.2M | $0 | — | View 990 |
| 2019 | $318K | $135K | $2.4M | $0 | — | View 990 |
| 2015 | $106K | $109K | $2.1M | $0 | — | View 990 |
| 2014 | $249K | $165K | $2.1M | $0 | — | View 990 |
| 2013 | $151K | $164K | $2.0M | $0 | — | View 990 |
| 2012 | $144K | $133K | $2.1M | $0 | — | View 990 |
| 2011 | $136K | $190K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $125K, expenses of $134K, and assets of $2.2M (revenue -34.5% year-over-year).
- 2022: Revenue of $191K, expenses of $185K, and assets of $2.2M (revenue +6.7% year-over-year).
- 2021: Revenue of $179K, expenses of $224K, and assets of $2.2M (revenue +100.9% year-over-year).
- 2020: Revenue of $89K, expenses of $228K, and assets of $2.2M (revenue -71.9% year-over-year).
- 2019: Revenue of $318K, expenses of $135K, and assets of $2.4M (revenue +200.5% year-over-year).
- 2015: Revenue of $106K, expenses of $109K, and assets of $2.1M (revenue -57.5% year-over-year).
- 2014: Revenue of $249K, expenses of $165K, and assets of $2.1M (revenue +65.2% year-over-year).
- 2013: Revenue of $151K, expenses of $164K, and assets of $2.0M (revenue +4.5% year-over-year).
- 2012: Revenue of $144K, expenses of $133K, and assets of $2.1M (revenue +6.0% year-over-year).
- 2011: Revenue of $136K, expenses of $190K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Helmut Wolfgang Schumann Foundation:
Data Sources and Methodology
This transparency report for The Helmut Wolfgang Schumann 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.