Scheick-verrochi Fam Foundation
Only null% goes to programs Strong reserves Growing revenue
Scheick-verrochi Fam Foundation is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1995, with $343,812 in FY2023 revenue. CharityIndex grades it C+.
6125 Carlyle Dr, Raleigh, NC, 27614 EIN 04-3283183 Since 1995
Revenue (FY2023)
$344K
▲ 1011.8% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$137K
Net assets
$1.5M
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 Scheick-verrochi Fam Foundation— 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 rating129 mo reserves · +60% 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 Scheick-verrochi Fam Foundation: 129 mo reserves · +60% 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 Scheick-verrochi Fam 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 Scheick-verrochi Fam 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
- 6125 Carlyle Dr, Raleigh, NC, 27614
- City
- Raleigh
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $68K (FY2013) to $344K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.5M
Operating margin
60.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $343,812▲1012% | $137,386▼5.0% | $1,473,994▲16.3% | $1,473,994▲16.3% | 990PF |
| 2022 | $30,925▼69.9% | $144,635▼8.1% | $1,267,568▼8.2% | $1,267,568▼8.2% | 990PF |
| 2021 | $102,768▲410% | $157,336▲11.5% | $1,381,278▼3.8% | $1,381,278▼3.8% | 990PF |
| 2020 | $20,157▼63.8% | $141,088▲8.3% | $1,435,846▼7.8% | $1,435,846▼7.8% | 990PF |
| 2019 | $55,703▼57.9% | $130,242▲1.9% | $1,556,777▼4.8% | $1,556,777▼4.8% | 990PF |
| 2018 | $132,233▼13.5% | $127,850▲5.6% | $1,634,440▲0.3% | $1,634,440▲0.3% | 990PF |
| 2017 | $152,857▲674% | $121,109▼0.6% | $1,630,057▲2.0% | $1,630,057▲2.0% | 990PF |
| 2016 | $19,761▼93.5% | $121,803▼9.2% | $1,598,309▼6.0% | $1,598,309▼6.0% | 990PF |
| 2015 | $302,430▲735% | $134,087▲9.9% | $1,700,351▲11.0% | $1,700,351▲11.0% | 990PF |
| 2014 | $36,206▼47.0% | $122,034▲10.4% | $1,532,008▼5.3% | $1,532,008▼5.3% | 990PF |
| 2013 | $68,272 | $110,511▲5.3% | $1,617,836▼2.5% | $1,617,836▼2.5% | 990PF |
| 2012 | — | $104,995▼16.9% | $1,660,076▲6.9% | $1,660,076▲6.6% | 990PF |
| 2010 | — | $126,306 | $1,552,811 | $1,557,806 | 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 Philanthropy
Compare Scheick-verrochi Fam Foundation
Frequently asked questions
- Is Scheick-verrochi Fam Foundation a legitimate nonprofit?
- Yes. Scheick-verrochi Fam Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3283183, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is Scheick-verrochi Fam Foundation's EIN?
- Scheick-verrochi Fam Foundation's Employer Identification Number (EIN) is 04-3283183.
- How much revenue does Scheick-verrochi Fam Foundation report?
- Scheick-verrochi Fam Foundation reported $343,812 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Scheick-verrochi Fam Foundation have?
- CharityIndex grades Scheick-verrochi Fam Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Raleigh
Explore more
Data for Scheick-verrochi Fam Foundation (EIN 04-3283183) 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.