Evelyn D Schmidt Charitable Tr is a 501(c)(3) organization based in Durham, North Carolina, registered in 2014, with $41,557 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$42K
▼ 94.0% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$288K
Net assets
$5.3M
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 Evelyn D Schmidt Charitable Tr— 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 Evelyn D Schmidt Charitable Tr: 220 mo reserves · -593% margin earns a F 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 Evelyn D Schmidt Charitable Tr— 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 Evelyn D Schmidt Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $3.7M (FY2020) to $42K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-593.0%
Spent more than it raised in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$0
Net assets
$5.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $41,557▼94.0% | $287,970▼10.4% | $5,273,153▼4.5% | $5,273,153▼4.5% | 990PF |
| 2022 | $696,693▼3.3% | $321,232▼25.7% | $5,519,566▲7.3% | $5,519,566▲7.3% | 990PF |
| 2021 | $720,707▼80.7% | $432,407▲2.6% | $5,144,105▲5.9% | $5,144,105▲5.9% | 990PF |
| 2020 | $3,742,446 | $421,528 | $4,855,805 | $4,855,805 | 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 Evelyn D Schmidt Charitable Tr (EIN 35-7033142) 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.