Paul & Norma Schaumburg Charitable Tr
Only null% goes to programs Strong reserves
Paul & Norma Schaumburg Charitable Tr is a 501(c)(3) organization based in Milford, Illinois, registered in 2012, with $188,146 in FY2024 revenue. CharityIndex grades it F.
Po Box 67, Milford, IL, 60953 EIN 45-6918419 Since 2012
Revenue (FY2024)
$188K
▲ 30.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$325K
Net assets
$4.3M
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 Paul & Norma Schaumburg 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 →
FFinancial health25% of the rating160 mo reserves · -73% 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 Paul & Norma Schaumburg Charitable Tr: 160 mo reserves · -73% 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 Paul & Norma Schaumburg 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 →
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 Paul & Norma Schaumburg Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 67, Milford, IL, 60953
- City
- Milford
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $204K (FY2013) to $188K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.3M
Operating margin
-72.7%
Spent more than it raised in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$0
Net assets
$4.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $188,146▲30.2% | $324,956▼16.7% | $4,332,157▼3.2% | $4,332,157▼3.2% | 990PF |
| 2023 | $144,511▼12.3% | $390,024▲3.6% | $4,475,322▼5.2% | $4,475,322▼5.2% | 990PF |
| 2022 | $164,756▼24.1% | $376,480▼15.2% | $4,720,253▼4.3% | $4,720,253▼4.3% | 990PF |
| 2021 | $217,093▲34.4% | $444,107▲54.8% | $4,931,977▼4.4% | $4,931,977▼4.4% | 990PF |
| 2020 | $161,534▼32.3% | $286,888▼8.0% | $5,158,991▼11.4% | $5,158,991▼11.4% | 990PF |
| 2016 | $238,512▲28.2% | $312,002▼8.3% | $5,822,164▼1.2% | $5,822,164▼1.2% | 990PF |
| 2015 | $186,047▲5.4% | $340,085▲5.7% | $5,895,654▼2.5% | $5,895,654▼2.5% | 990PF |
| 2014 | $176,445▼13.6% | $321,640▼1.9% | $6,049,692▼2.3% | $6,049,692▼2.3% | 990PF |
| 2013 | $204,240 | $327,711 | $6,194,887 | $6,194,887 | 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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Frequently asked questions
- Is Paul & Norma Schaumburg Charitable Tr a legitimate nonprofit?
- Yes. Paul & Norma Schaumburg Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-6918419, based in Milford, Illinois. Donations are tax-deductible.
- What is Paul & Norma Schaumburg Charitable Tr's EIN?
- Paul & Norma Schaumburg Charitable Tr's Employer Identification Number (EIN) is 45-6918419.
- How much revenue does Paul & Norma Schaumburg Charitable Tr report?
- Paul & Norma Schaumburg Charitable Tr reported $188,146 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Paul & Norma Schaumburg Charitable Tr have?
- CharityIndex grades Paul & Norma Schaumburg Charitable Tr F, based on financial health (reserves and operating margin).
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Data for Paul & Norma Schaumburg Charitable Tr (EIN 45-6918419) 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.