Karf & Ida Schmidt Brown Memorial Fund Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Karf & Ida Schmidt Brown Memorial Fund Tr is a 501(c)(3) organization based in Dallas, Texas, registered in 1977, with $87,180 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 06-6104482 Since 1977
Revenue (FY2024)
$87K
▲ 175.5% vs prior year
Expenses (FY2024)
$66K
Net assets
$908K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Karf & Ida Schmidt Brown Memorial Fund Tr— 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 rating166 mo reserves · +25% 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 Karf & Ida Schmidt Brown Memorial Fund Tr: 166 mo reserves · +25% 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 Karf & Ida Schmidt Brown Memorial Fund Tr— 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 Karf & Ida Schmidt Brown Memorial Fund Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $24K (FY2014) to $87K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $908K
Operating margin
24.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$908K
Total liabilities
$0
Net assets
$908K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $87,180▲176% | $65,619▲40.6% | $907,863▲2.7% | $907,863▲2.7% | 990PF |
| 2023 | $31,644▲254% | $46,659▼27.7% | $884,407▼1.1% | $884,407▼1.1% | 990PF |
| 2022 | -$20,597▼111% | $64,579▼9.4% | $894,125▼8.5% | $894,125▼8.5% | 990PF |
| 2021 | $195,546▲192% | $71,246▲41.1% | $977,716▲3.8% | $977,716▲3.8% | 990PF |
| 2020 | $67,011▲3.5% | $50,501▼1.8% | $941,821▲14.1% | $941,821▲14.1% | 990PF |
| 2019 | $64,769▲51.5% | $51,436▼9.3% | $825,721▼0.5% | $825,721▼0.5% | 990PF |
| 2018 | $42,747▼47.3% | $56,714▲8.6% | $829,735▼2.8% | $829,735▼2.8% | 990PF |
| 2017 | $81,067▲237% | $52,233▲13.3% | $854,023▲3.3% | $854,023▲3.3% | 990PF |
| 2016 | $24,081▲1148% | $46,093▼10.3% | $826,890▼1.2% | $826,890▼1.2% | 990PF |
| 2015 | $1,929▼92.0% | $51,387▼7.0% | $837,073▼5.2% | $837,073▼5.2% | 990PF |
| 2014 | $24,029 | $55,249 | $882,817 | $882,817 | 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 Karf & Ida Schmidt Brown Memorial Fund Tr a legitimate nonprofit?
- Yes. Karf & Ida Schmidt Brown Memorial Fund Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-6104482, based in Dallas, Texas. Donations are tax-deductible.
- What is Karf & Ida Schmidt Brown Memorial Fund Tr's EIN?
- Karf & Ida Schmidt Brown Memorial Fund Tr's Employer Identification Number (EIN) is 06-6104482.
- How much revenue does Karf & Ida Schmidt Brown Memorial Fund Tr report?
- Karf & Ida Schmidt Brown Memorial Fund Tr reported $87,180 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Karf & Ida Schmidt Brown Memorial Fund Tr have?
- CharityIndex grades Karf & Ida Schmidt Brown Memorial Fund Tr C+, based on financial health (reserves and operating margin).
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Data for Karf & Ida Schmidt Brown Memorial Fund Tr (EIN 06-6104482) 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.