Albert J Schmidt Tr
Only null% goes to programs Strong reserves
Albert J Schmidt Tr is a 501(c)(3) organization based in Burlington, Iowa, registered in 2018, with $204,823 in FY2024 revenue. CharityIndex grades it C+.
Po Box 928, Burlington, IA, 52601 EIN 27-6732089 Since 2018
Revenue (FY2024)
$205K
▲ 949.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$116K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 J Schmidt Tr— 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 rating204 mo reserves · +43% 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 J Schmidt Tr: 204 mo reserves · +43% 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 J Schmidt Tr— 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 Albert J Schmidt Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 928, Burlington, IA, 52601
- City
- Burlington
- State
- Iowa
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $2.1M (FY2017) to $205K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.0M
Operating margin
43.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $204,823▲949% | $116,069▼1.6% | $1,975,394▲4.7% | $1,975,394▲4.7% | 990PF |
| 2023 | $19,518▼86.7% | $117,994▼12.2% | $1,886,640▼5.0% | $1,886,640▼5.0% | 990PF |
| 2022 | $146,502▼31.1% | $134,449▲15.5% | $1,985,116▲0.6% | $1,985,116▲0.6% | 990PF |
| 2021 | $212,563▲535% | $116,378▼0.1% | $1,973,063▲5.1% | $1,973,063▲5.1% | 990PF |
| 2020 | -$48,864▼160% | $116,535▲19.1% | $1,876,878▼8.1% | $1,876,878▼8.1% | 990PF |
| 2019 | $81,590▲20.4% | $97,868▲13.6% | $2,042,277▼0.8% | $2,042,277▼0.8% | 990PF |
| 2018 | $67,783▼96.8% | $86,165▲50.0% | $2,058,555▼0.9% | $2,058,555▼0.9% | 990PF |
| 2017 | $2,134,372 | $57,435 | $2,076,937 | $2,076,937 | 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 Albert J Schmidt Tr a legitimate nonprofit?
- Yes. Albert J Schmidt Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-6732089, based in Burlington, Iowa. Donations are tax-deductible.
- What is Albert J Schmidt Tr's EIN?
- Albert J Schmidt Tr's Employer Identification Number (EIN) is 27-6732089.
- How much revenue does Albert J Schmidt Tr report?
- Albert J Schmidt Tr reported $204,823 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert J Schmidt Tr have?
- CharityIndex grades Albert J Schmidt Tr C+, based on financial health (reserves and operating margin).
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Data for Albert J Schmidt Tr (EIN 27-6732089) 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.