Albert G and Olive H Schlink Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Albert G and Olive H Schlink Foundation is a 501(c)(3) organization based in Sandusky, Ohio, registered in 1967, with $2,440,174 in FY2024 revenue. CharityIndex grades it B.
Po Box 353, Sandusky, OH, 44871 EIN 34-6574722 Since 1967
Revenue (FY2024)
$2.4M
▲ 18.4% vs prior year
Expenses (FY2024)
$1.5M
Net assets
$10.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Albert G and Olive H Schlink Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating79 mo reserves · +38% 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 Albert G and Olive H Schlink Foundation: 79 mo reserves · +38% margin earns a B+ 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 Albert G and Olive H Schlink Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Albert G and Olive H Schlink Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.1M (FY2013) to $2.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $10.1M
Operating margin
37.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.1M
Total liabilities
$0
Net assets
$10.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,440,174▲18.4% | $1,524,001▼9.5% | $10,061,487▲10.0% | $10,061,487▲10.0% | 990PF |
| 2023 | $2,060,906▲38.3% | $1,684,616▲15.1% | $9,146,290▲3.8% | $9,146,290▲3.8% | 990PF |
| 2022 | $1,490,429▲100% | $1,463,436▲13.1% | $8,814,248▼0.2% | $8,814,248▼0.2% | 990PF |
| 2021 | $744,915▼79.3% | $1,293,563▲497% | $8,828,279▼6.1% | $8,828,279▼6.1% | 990PF |
| 2020 | $3,590,676▲204% | $216,791▼80.9% | $9,401,887▲55.5% | $9,401,887▲55.5% | 990PF |
| 2019 | $1,181,036▼20.6% | $1,137,777▼12.7% | $6,047,089▲0.5% | $6,047,089▲0.5% | 990PF |
| 2018 | $1,487,177▲1.7% | $1,303,790▲21.1% | $6,016,800▲2.9% | $6,016,800▲2.9% | 990PF |
| 2017 | $1,462,067▲15.5% | $1,077,053▼7.0% | $5,848,311▲7.0% | $5,848,311▲7.0% | 990PF |
| 2016 | $1,265,861▲101% | $1,158,317▲10.1% | $5,463,297▲7.5% | $5,463,297▲7.5% | 990PF |
| 2015 | $630,765▼74.2% | $1,051,608▲2.6% | $5,079,816▼7.5% | $5,079,816▼7.5% | 990PF |
| 2014 | $2,445,588▲130% | $1,024,866▼33.2% | $5,490,459▲34.9% | $5,490,459▲34.9% | 990PF |
| 2013 | $1,064,305 | $1,533,869▲379% | $4,069,737▼10.3% | $4,069,737▼10.3% | 990PF |
| 2012 | — | $320,278▼58.5% | $4,539,301▲9.0% | $4,539,301▲9.0% | 990PF |
| 2011 | — | $771,950▲10.0% | $4,163,382▼0.7% | $4,163,382▼0.7% | 990PF |
| 2010 | — | $701,617 | $4,193,994 | $4,193,994 | 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.
Frequently asked questions
- Is Albert G and Olive H Schlink Foundation a legitimate nonprofit?
- Yes. Albert G and Olive H Schlink Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-6574722, based in Sandusky, Ohio. Donations are tax-deductible.
- What is Albert G and Olive H Schlink Foundation's EIN?
- Albert G and Olive H Schlink Foundation's Employer Identification Number (EIN) is 34-6574722.
- How much revenue does Albert G and Olive H Schlink Foundation report?
- Albert G and Olive H Schlink Foundation reported $2,440,174 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert G and Olive H Schlink Foundation have?
- CharityIndex grades Albert G and Olive H Schlink Foundation B, based on financial health (reserves and operating margin).
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Data for Albert G and Olive H Schlink Foundation (EIN 34-6574722) 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.