Ernie P Schwartz Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Ernie P Schwartz Foundation is a 501(c)(3) organization based in Cedar Rapids, Iowa, registered in 1978, with $20,068 in FY2024 revenue. CharityIndex grades it B.
2701 Edgewood Pkwy Sw, Cedar Rapids, IA, 52404 EIN 42-6277194 Since 1978
Revenue (FY2024)
$20K
▲ 31.2% vs prior year
Expenses (FY2024)
$18K
Net assets
$228K
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 Ernie P Schwartz 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 rating154 mo reserves · +11% 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 Ernie P Schwartz Foundation: 154 mo reserves · +11% 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 Ernie P Schwartz 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 Ernie P Schwartz Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2701 Edgewood Pkwy Sw, Cedar Rapids, IA, 52404
- City
- Cedar Rapids
- State
- Iowa
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $17K (FY2013) to $20K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $228K
Operating margin
11.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$228K
Total liabilities
$0
Net assets
$228K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,068▲31.2% | $17,768▲49.6% | $228,103▲1.0% | $228,103▲1.0% | 990PF |
| 2023 | $15,300▲85.3% | $11,874▲3.1% | $225,803▲1.5% | $225,803▲1.5% | 990PF |
| 2022 | $8,255▼30.8% | $11,515▼42.0% | $222,377▼1.4% | $222,377▼1.4% | 990PF |
| 2021 | $11,931▼40.4% | $19,844▲60.4% | $225,637▼3.4% | $225,637▼3.4% | 990PF |
| 2020 | $20,017▲59.2% | $12,372▼22.9% | $233,550▲3.4% | $233,550▲3.4% | 990PF |
| 2019 | $12,570▲58.9% | $16,047▲53.6% | $225,847▼1.5% | $225,847▼1.5% | 990PF |
| 2018 | $7,912▼62.4% | $10,445▼15.7% | $229,324▼1.1% | $229,324▼1.1% | 990PF |
| 2017 | $21,066▲127% | $12,385▼18.2% | $231,857▲3.9% | $231,857▲3.9% | 990PF |
| 2016 | $9,263▲27.9% | $15,136▲7.4% | $223,175▼2.6% | $223,175▼2.6% | 990PF |
| 2015 | $7,240▲107% | $14,096▼10.4% | $229,048▼2.9% | $229,048▼2.9% | 990PF |
| 2014 | $3,493▼79.2% | $15,727▼13.0% | $235,904▼4.9% | $235,904▼4.9% | 990PF |
| 2013 | $16,777 | $18,077▲46.3% | $248,138▼0.4% | $248,138▼0.4% | 990PF |
| 2012 | — | $12,353 | $249,208 | $249,208 | 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 Ernie P Schwartz Foundation a legitimate nonprofit?
- Yes. Ernie P Schwartz Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-6277194, based in Cedar Rapids, Iowa. Donations are tax-deductible.
- What is Ernie P Schwartz Foundation's EIN?
- Ernie P Schwartz Foundation's Employer Identification Number (EIN) is 42-6277194.
- How much revenue does Ernie P Schwartz Foundation report?
- Ernie P Schwartz Foundation reported $20,068 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ernie P Schwartz Foundation have?
- CharityIndex grades Ernie P Schwartz Foundation B, based on financial health (reserves and operating margin).
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Data for Ernie P Schwartz Foundation (EIN 42-6277194) 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.