Norman A Schoell Charitable Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Norman A Schoell Charitable Foundation Inc is a 501(c)(3) organization based in Greensboro, North Carolina, registered in 2007, with $61,275 in FY2024 revenue. CharityIndex grades it C+.
7 Corporate Center Ct Ste B, Greensboro, NC, 27408 EIN 02-0774236 Since 2007
Revenue (FY2024)
$61K
▲ 1781.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$65K
Net assets
$567K
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 Norman A Schoell Charitable Foundation Inc— 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 rating104 mo reserves · -7% 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 Norman A Schoell Charitable Foundation Inc: 104 mo reserves · -7% 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 Norman A Schoell Charitable Foundation Inc— 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 Norman A Schoell Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7 Corporate Center Ct Ste B, Greensboro, NC, 27408
- City
- Greensboro
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $60K (FY2013) to $61K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $567K
Operating margin
-6.7%
Spent more than it raised in the latest fiscal year.
Total assets
$567K
Total liabilities
$0
Net assets
$567K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,275▲1782% | $65,355▼12.3% | $566,991▼2.6% | $566,991▼2.6% | 990PF |
| 2023 | -$3,644▲81.8% | $74,556▲27.4% | $582,131▼1.9% | $582,131▼1.9% | 990PF |
| 2022 | -$20,002▼142% | $58,505▼36.3% | $593,223▼22.7% | $593,223▼22.7% | 990PF |
| 2021 | $47,622▲47.8% | $91,826▲668% | $767,079▼5.9% | $767,079▼5.9% | 990PF |
| 2020 | $32,213▼9.5% | $11,957▼87.2% | $814,839▲8.7% | $814,839▲8.7% | 990PF |
| 2019 | $35,601▼28.2% | $93,317▼22.9% | $749,559▼3.3% | $749,559▼3.3% | 990PF |
| 2018 | $49,614▲20.2% | $121,042▲224% | $774,755▼13.6% | $774,755▼13.6% | 990PF |
| 2017 | $41,282▲336% | $37,345▼29.7% | $896,712▲3.0% | $896,712▲3.0% | 990PF |
| 2016 | $9,479▼64.0% | $53,120▼18.2% | $870,300▼2.1% | $870,300▼2.1% | 990PF |
| 2015 | $26,333▼61.5% | $64,941▼1.8% | $889,158▼7.8% | $889,158▼7.8% | 990PF |
| 2014 | $68,408▲14.7% | $66,131▲0.8% | $964,683▼1.8% | $964,683▼1.8% | 990PF |
| 2013 | $59,660 | $65,611▼6.7% | $982,336▲0.5% | $982,336▲0.5% | 990PF |
| 2012 | — | $70,354▲6.2% | $977,456▲2.2% | $977,456▲2.2% | 990PF |
| 2011 | — | $66,240▲3.6% | $956,792▼5.0% | $956,792▼5.0% | 990PF |
| 2010 | — | $63,963 | $1,006,881 | $1,006,881 | 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.
Grants received · $13K total
1 grant to Norman A Schoell Charitable Foundation Inc totaling $13K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Greater Buffalo Inc | Unspent funds | 2022 | $13,406 |
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Frequently asked questions
- Is Norman A Schoell Charitable Foundation Inc a legitimate nonprofit?
- Yes. Norman A Schoell Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0774236, based in Greensboro, North Carolina. Donations are tax-deductible.
- What is Norman A Schoell Charitable Foundation Inc's EIN?
- Norman A Schoell Charitable Foundation Inc's Employer Identification Number (EIN) is 02-0774236.
- How much revenue does Norman A Schoell Charitable Foundation Inc report?
- Norman A Schoell Charitable Foundation Inc reported $61,275 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Norman A Schoell Charitable Foundation Inc have?
- CharityIndex grades Norman A Schoell Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Norman A Schoell Charitable Foundation Inc (EIN 02-0774236) 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.