A Paul and Carol C Schaapfoundation
Only null% goes to programs Strong reserves Growing revenue
A Paul and Carol C Schaapfoundation is a 501(c)(3) organization based in Detroit, Michigan, registered in 2007, with $167,095 in FY2024 revenue. CharityIndex grades it F.
Po Box 75000, Detroit, MI, 48275 EIN 20-7097647 Since 2007
Revenue (FY2024)
$167K
▲ 10.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$664K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Paul and Carol C Schaapfoundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating26 mo reserves · -297% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Paul and Carol C Schaapfoundation: 26 mo reserves · -297% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Paul and Carol C Schaapfoundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Paul and Carol C Schaapfoundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 75000, Detroit, MI, 48275
- City
- Detroit
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $4.6M (FY2020) to $167K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.4M
Operating margin
-297.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$0
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $167,095▲10.6% | $663,582▼19.4% | $1,444,140▼25.5% | $1,444,140▼25.5% | 990PF |
| 2023 | $151,143▲98.8% | $823,287▼8.9% | $1,937,967▼22.3% | $1,937,967▼22.3% | 990PF |
| 2022 | $76,039▲386% | $903,423▲14.3% | $2,495,020▼29.6% | $2,495,020▼29.6% | 990PF |
| 2021 | $15,633▼99.7% | $790,639▲20.4% | $3,543,135▼17.9% | $3,543,135▼17.9% | 990PF |
| 2020 | $4,574,193 | $656,566 | $4,318,141 | $4,318,141 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is A Paul and Carol C Schaapfoundation a legitimate nonprofit?
- Yes. A Paul and Carol C Schaapfoundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-7097647, based in Detroit, Michigan. Donations are tax-deductible.
- What is A Paul and Carol C Schaapfoundation's EIN?
- A Paul and Carol C Schaapfoundation's Employer Identification Number (EIN) is 20-7097647.
- How much revenue does A Paul and Carol C Schaapfoundation report?
- A Paul and Carol C Schaapfoundation reported $167,095 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does A Paul and Carol C Schaapfoundation have?
- CharityIndex grades A Paul and Carol C Schaapfoundation F, based on financial health (reserves and operating margin).
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Data for A Paul and Carol C Schaapfoundation (EIN 20-7097647) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.