Edward L Schwab Memorial Foundation is a 501(c)(3) organization based in Aberdeen, South Dakota, registered in 1997, with $378,317 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$378K
▼ 1.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$426K
Net assets
$1.7M
Employees
—
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 Edward L Schwab Memorial Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Edward L Schwab Memorial Foundation: 47 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
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 Edward L Schwab Memorial Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Edward L Schwab Memorial Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $231K (FY2013) to $378K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-12.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $378,317▼1.3% | $426,392▲25.5% | $1,668,838▼2.8% | $1,668,838▼2.8% | 990PF |
| 2023 | $383,476▲22.8% | $339,889▲2.3% | $1,716,913▲2.6% | $1,716,913▲2.6% | 990PF |
| 2022 | $312,165▼11.1% | $332,307▼6.6% | $1,673,326▼1.2% | $1,673,326▼1.2% | 990PF |
| 2021 | $351,250▲5.0% | $355,905▲1.2% | $1,693,468▼0.3% | $1,693,468▼0.3% | 990PF |
| 2020 | $334,534▲5.9% | $351,648▼11.0% | $1,698,123▼1.0% | $1,698,123▼1.0% | 990PF |
| 2019 | $315,876▼52.8% | $395,303▲36.4% | $1,715,237▼4.4% | $1,715,237▼4.4% | 990PF |
| 2018 | $669,895▲108% | $289,856▲20.2% | $1,794,664▲26.9% | $1,794,664▲26.9% | 990PF |
| 2017 | $321,637▲3.8% | $241,228▲0.9% | $1,414,625▲6.0% | $1,414,625▲6.0% | 990PF |
| 2016 | $309,920▲0.1% | $239,005▲0.2% | $1,334,216▲5.6% | $1,334,216▲5.6% | 990PF |
| 2015 | $309,569▲8.9% | $238,529▲36.8% | $1,263,301▲6.0% | $1,263,301▲6.0% | 990PF |
| 2014 | $284,368▲23.3% | $174,407▼29.9% | $1,192,261▲10.2% | $1,192,261▲10.2% | 990PF |
| 2013 | $230,659 | $248,649▲3.3% | $1,082,300▼1.6% | $1,082,300▼1.6% | 990PF |
| 2012 | — | $240,723▲1.9% | $1,100,290▼2.4% | $1,100,290▼2.4% | 990PF |
| 2011 | — | $236,176▲22.0% | $1,127,148▼1.8% | $1,127,148▼1.8% | 990PF |
| 2010 | — | $193,577 | $1,148,280 | $1,148,280 | 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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Data for Edward L Schwab Memorial Foundation (EIN 91-1770168) 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.