Arthur J Schmitt Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Arthur J Schmitt Foundation is a 501(c)(3) organization based in Northbrook, Illinois, registered in 1959, with $1,557,904 in FY2024 revenue. CharityIndex grades it B.
2021 Center Ave, Northbrook, IL, 60062 EIN 36-2217999 Since 1959
Revenue (FY2024)
$1.6M
▲ 71.9% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$19.5M
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 Arthur J Schmitt 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 rating199 mo reserves · +24% 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 Arthur J Schmitt Foundation: 199 mo reserves · +24% 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 Arthur J Schmitt 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 Arthur J Schmitt Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2021 Center Ave, Northbrook, IL, 60062
- City
- Northbrook
- State
- Illinois
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $211K (FY2015) to $1.6M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10KNet assets $19.5M
Operating margin
24.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$19.5M
Total liabilities
$10K
Net assets
$19.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,557,904▲71.9% | $1,179,487▲4.1% | $19,519,541▲4.7% | $19,529,857▲4.7% | 990PF |
| 2023 | $906,109▲71.8% | $1,132,796▲7.1% | $18,648,582▲1.9% | $18,654,427▲1.9% | 990PF |
| 2022 | $527,372▼71.2% | $1,057,679▼4.9% | $18,300,437▼1.4% | $18,304,328▼1.6% | 990PF |
| 2021 | $1,830,660▲150% | $1,112,000▲10.3% | $18,568,690▼11.0% | $18,597,591▼10.8% | 990PF |
| 2020 | $731,771▲5.8% | $1,007,751▲7.9% | $20,855,599▲28.2% | $20,857,330▲28.1% | 990PF |
| 2019 | $691,483▲9.8% | $934,010▼9.2% | $16,263,763▲1.8% | $16,282,912▲1.9% | 990PF |
| 2016 | $629,802▲198% | $1,028,100▲1.5% | $15,978,880▲5.2% | $15,981,233▲5.3% | 990PF |
| 2015 | $211,454 | $1,012,477 | $15,181,839 | $15,183,507 | 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 Arthur J Schmitt Foundation a legitimate nonprofit?
- Yes. Arthur J Schmitt Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2217999, based in Northbrook, Illinois. Donations are tax-deductible.
- What is Arthur J Schmitt Foundation's EIN?
- Arthur J Schmitt Foundation's Employer Identification Number (EIN) is 36-2217999.
- How much revenue does Arthur J Schmitt Foundation report?
- Arthur J Schmitt Foundation reported $1,557,904 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Arthur J Schmitt Foundation have?
- CharityIndex grades Arthur J Schmitt Foundation B, based on financial health (reserves and operating margin).
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Data for Arthur J Schmitt Foundation (EIN 36-2217999) 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.