The Schuyler Foundation For Career Bridges Incorporated
Schuyler Foundation operates with fluctuating revenues and expenses, drawing down assets in recent years while maintaining zero liabilities and officer compensation.
EIN: 134104282 · Stamford, CT · NTEE: A6B · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $157K |
| Program Spending | 90% |
| Net Assets | $24K |
| Transparency Score | 85/100 |
Is The Schuyler Foundation For Career Bridges Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Schuyler Foundation For Career Bridges Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Schuyler Foundation For Career Bridges Incorporated
The Schuyler Foundation For Career Bridges Incorporated (EIN: 134104282) is a nonprofit organization based in Stamford, CT, classified under NTEE code A6B. The organization reported total revenue of $158K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Schuyler Foundation For Career Bridges Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Schuyler Foundation For Career Bridges Incorporated is a small nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $157K |
| Surplus / Deficit | $-42,172 |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | -36.6% |
| Months of Reserves | 1.8 months |
Financial Health Grade: C
In 2023, The Schuyler Foundation For Career Bridges Incorporated reported a deficit of $42K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), The Schuyler Foundation For Career Bridges Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | -21.1% | -64.0% |
| 2022 | -20.2% | +33.3% | -54.3% |
| 2021 | +24.4% | +56.3% | +0.0% |
| 2020 | -39.4% | -45.1% | +221.2% |
| 2019 | +1.5% | -9.6% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Schuyler Foundation For Career Bridges Incorporated 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Schuyler Foundation For Career Bridges Incorporated allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $42K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size and revenue.
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 Schuyler Foundation For Career Bridges Incorporated's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $157,386 vs. revenue $115,214)
- Significant decline in assets over the last two years, from $144,208 in 2021 to $6,647 currently.
Strengths
The following positive indicators were identified for The Schuyler Foundation For Career Bridges Incorporated:
- Consistent 0% officer compensation, indicating high efficiency in directing funds to mission.
- Zero reported liabilities across all filing periods, demonstrating strong financial health and no debt.
- Long operational history with 14 filings, suggesting established presence and experience.
Frequently Asked Questions about The Schuyler Foundation For Career Bridges Incorporated
Is The Schuyler Foundation For Career Bridges Incorporated a legitimate charity?
The Schuyler Foundation For Career Bridges Incorporated (EIN: 134104282) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $158K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does The Schuyler Foundation For Career Bridges Incorporated spend its money?
The Schuyler Foundation For Career Bridges Incorporated directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to The Schuyler Foundation For Career Bridges Incorporated tax-deductible?
The Schuyler Foundation For Career Bridges Incorporated is registered as a tax-exempt nonprofit (EIN: 134104282). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Schuyler Foundation For Career Bridges Incorporated's spending goes to programs?
The Schuyler Foundation For Career Bridges Incorporated directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Schuyler Foundation For Career Bridges Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Schuyler Foundation For Career Bridges Incorporated is above average for NTEE category A6B nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Schuyler Foundation For Career Bridges Incorporated located?
The Schuyler Foundation For Career Bridges Incorporated is headquartered in Stamford, Connecticut and files with the IRS under EIN 134104282. It is classified under NTEE code A6B.
How many years of IRS 990 filings does The Schuyler Foundation For Career Bridges Incorporated have?
The Schuyler Foundation For Career Bridges Incorporated has 14 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 $158K in total revenue.
Is The Schuyler Foundation For Career Bridges Incorporated a good charity?
Based on the provided data, the organization exhibits strong indicators of a good charity, particularly its consistent 0% officer compensation and absence of liabilities. However, the recent trend of expenses exceeding revenues and declining assets should be monitored for long-term sustainability.
What is the trend in the organization's assets?
The organization's assets have shown a significant decline in the most recent periods, from a high of $144,208 in 2020 and 2021 to $23,760 in 2023, and further down to $6,647 as of the latest reported assets. This indicates a draw-down of reserves.
How does the organization manage its liabilities?
The organization has consistently reported $0 in liabilities across all available filing periods, which is an excellent indicator of strong financial management and a lack of debt.
What is the organization's revenue stability?
Revenue has fluctuated over the years, ranging from $115,214 in 2023 to $201,380 in 2019. While there isn't a clear upward or downward trend, the recent revenues are on the lower end of its historical range.
Filing History
IRS 990 filing history for The Schuyler Foundation For Career Bridges Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), The Schuyler Foundation For Career Bridges Incorporated's revenue has grown by 18.7%, moving from $97K to $115K. Total assets increased by 719.6% over the same period, from $3K to $24K. Total functional expenses rose by 46.9%, from $107K to $157K. In its most recent filing year (2023), The Schuyler Foundation For Career Bridges Incorporated reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $157K | $24K | $0 | — | — |
| 2022 | $121K | $200K | $66K | $0 | — | View 990 |
| 2021 | $152K | $150K | $144K | $0 | — | View 990 |
| 2020 | $122K | $96K | $144K | $0 | — | View 990 |
| 2019 | $201K | $174K | $45K | $0 | — | View 990 |
| 2018 | $198K | $193K | $45K | $0 | — | View 990 |
| 2017 | $200K | $226K | $39K | $0 | — | View 990 |
| 2016 | $125K | $126K | $55K | $0 | — | View 990 |
| 2015 | $167K | $175K | $56K | $0 | — | View 990 |
| 2014 | $126K | $134K | $64K | $0 | — | View 990 |
| 2013 | $211K | $145K | $74K | $0 | — | View 990 |
| 2012 | $99K | $119K | $10K | $2K | — | View 990 |
| 2011 | $144K | $118K | $28K | $0 | — | View 990 |
| 2010 | $97K | $107K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $157K, and assets of $24K (revenue -5.0% year-over-year).
- 2022: Revenue of $121K, expenses of $200K, and assets of $66K (revenue -20.2% year-over-year).
- 2021: Revenue of $152K, expenses of $150K, and assets of $144K (revenue +24.4% year-over-year).
- 2020: Revenue of $122K, expenses of $96K, and assets of $144K (revenue -39.4% year-over-year).
- 2019: Revenue of $201K, expenses of $174K, and assets of $45K (revenue +1.5% year-over-year).
- 2018: Revenue of $198K, expenses of $193K, and assets of $45K (revenue -0.7% year-over-year).
- 2017: Revenue of $200K, expenses of $226K, and assets of $39K (revenue +59.4% year-over-year).
- 2016: Revenue of $125K, expenses of $126K, and assets of $55K (revenue -25.1% year-over-year).
- 2015: Revenue of $167K, expenses of $175K, and assets of $56K (revenue +33.2% year-over-year).
- 2014: Revenue of $126K, expenses of $134K, and assets of $64K (revenue -40.5% year-over-year).
- 2013: Revenue of $211K, expenses of $145K, and assets of $74K (revenue +113.3% year-over-year).
- 2012: Revenue of $99K, expenses of $119K, and assets of $10K (revenue -31.3% year-over-year).
- 2011: Revenue of $144K, expenses of $118K, and assets of $28K (revenue +48.4% year-over-year).
- 2010: Revenue of $97K, expenses of $107K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Schuyler Foundation For Career Bridges Incorporated:
Data Sources and Methodology
This transparency report for The Schuyler Foundation For Career Bridges Incorporated 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.