George & Irina Schaeffer Foundation
Only null% goes to programs Thin reserves Declining revenue
George & Irina Schaeffer Foundation is a 501(c)(3) organization based in Boca Raton, Florida, registered in 2009, with $101,984 in FY2024 revenue. CharityIndex grades it F.
1400 S Ocean Blvd Apt 1603n, Boca Raton, FL, 33432 EIN 26-2261640 Since 2009
Revenue (FY2024)
$102K
▼ 79.7% vs prior year
Education median: $200K
Expenses (FY2024)
$204K
Net assets
-$13K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 George & Irina Schaeffer Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -100% 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 George & Irina Schaeffer Foundation: 0 mo reserves · -100% margin earns a F 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 George & Irina Schaeffer Foundation— 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 George & Irina Schaeffer Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1400 S Ocean Blvd Apt 1603n, Boca Raton, FL, 33432
- City
- Boca Raton
- State
- Florida
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $3.8M (FY2013) to $102K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
-100.4%
Spent more than it raised in the latest fiscal year.
Total assets
-$13K
Total liabilities
$0
Net assets
-$13K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $101,984▼79.7% | $204,410▼53.4% | -$12,752▼114% | -$12,752▼114% | 990PF |
| 2023 | $501,168▲33.4% | $438,937▲16.1% | $89,674▲227% | $89,674▲227% | 990PF |
| 2022 | $375,650▲1.5% | $377,911▲7.8% | $27,443▼7.6% | $27,443▼7.6% | 990PF |
| 2021 | $370,000▲52.3% | $350,704▲21.6% | $29,704▲185% | $29,704▲185% | 990PF |
| 2020 | $243,000▲143% | $288,519▼48.8% | $10,408▼81.4% | $10,408▼81.4% | 990PF |
| 2019 | $100,000▼97.6% | $563,686▼84.3% | $55,927▼89.2% | $55,927▼89.2% | 990PF |
| 2018 | $4,100,000▼21.5% | $3,595,769▼36.0% | $519,613▲3278% | $519,613▲3278% | 990PF |
| 2017 | $5,225,000▲107% | $5,615,702▲18.9% | $15,382▼96.2% | $15,382▼96.2% | 990PF |
| 2016 | $2,525,000▼33.6% | $4,721,946▲29.5% | $406,084▼56.5% | $406,084▼56.5% | 990PF |
| 2015 | $3,800,000 | $3,646,095▼3.9% | $934,030▲30.2% | $934,030▲30.2% | 990PF |
| 2013 | $3,800,000 | $3,792,111▼25.2% | $717,474▲1.1% | $717,474▲1.1% | 990PF |
| 2012 | — | $5,066,748▲64.3% | $709,585▼8.6% | $709,585▼8.6% | 990PF |
| 2011 | — | $3,084,698▲130% | $776,333▲27.1% | $776,333▲27.1% | 990PF |
| 2010 | — | $1,340,984 | $611,031 | $611,031 | 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.
Similar organizations in Education
Compare George & Irina Schaeffer Foundation
Frequently asked questions
- Is George & Irina Schaeffer Foundation a legitimate nonprofit?
- Yes. George & Irina Schaeffer Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2261640, based in Boca Raton, Florida. Donations are tax-deductible.
- What is George & Irina Schaeffer Foundation's EIN?
- George & Irina Schaeffer Foundation's Employer Identification Number (EIN) is 26-2261640.
- How much revenue does George & Irina Schaeffer Foundation report?
- George & Irina Schaeffer Foundation reported $101,984 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does George & Irina Schaeffer Foundation have?
- CharityIndex grades George & Irina Schaeffer Foundation F, based on financial health (reserves and operating margin).
More nonprofits in Boca Raton
Explore more
Data for George & Irina Schaeffer Foundation (EIN 26-2261640) 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.