The Frederick E Schmid Charitable Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
The Frederick E Schmid Charitable Foundation Inc is a 501(c)(3) organization based in Arcadia, Michigan, registered in 1989, with $176,287 in FY2024 revenue. CharityIndex grades it C+.
Po Box 227, Arcadia, MI, 49613 EIN 38-2875531 Since 1989
Revenue (FY2024)
$176K
▲ 29.7% vs prior year
Expenses (FY2024)
$129K
Net assets
$1.8M
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 The Frederick E Schmid 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 rating166 mo reserves · +27% 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 The Frederick E Schmid Charitable Foundation Inc: 166 mo reserves · +27% 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 The Frederick E Schmid 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 The Frederick E Schmid Charitable Foundation Inc: 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 $150K (FY2013) to $176K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.8M
Operating margin
26.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$0
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $176,287▲29.7% | $129,443▲5.1% | $1,795,763▼0.6% | $1,795,763▼0.6% | 990PF |
| 2023 | $135,939▲13.0% | $123,214▼4.6% | $1,805,996▲2.5% | $1,805,996▲2.5% | 990PF |
| 2022 | $120,252▼37.6% | $129,134▼8.8% | $1,762,253▲1.5% | $1,762,253▲1.5% | 990PF |
| 2021 | $192,757▲378% | $141,653▲26.0% | $1,735,428▲12.9% | $1,735,428▲12.9% | 990PF |
| 2020 | $40,330▼69.1% | $112,467▼8.5% | $1,537,257▼4.5% | $1,537,257▼4.5% | 990PF |
| 2019 | $130,421▲0.3% | $122,848▼5.7% | $1,609,394▲0.5% | $1,609,394▲0.5% | 990PF |
| 2018 | $129,992▲25.2% | $130,334▼0.6% | $1,601,821 | $1,601,821 | 990PF |
| 2017 | $103,803▲28.0% | $131,086▲18.0% | $1,602,163▼1.7% | $1,602,163▼1.7% | 990PF |
| 2016 | $81,087▼6.3% | $111,133▲15.7% | $1,629,446▼1.8% | $1,629,446▼1.8% | 990PF |
| 2015 | $86,583▼24.0% | $96,038▼35.7% | $1,659,492▼0.6% | $1,659,492▼0.6% | 990PF |
| 2014 | $113,928▼24.0% | $149,441▲4.5% | $1,669,219▼2.1% | $1,669,219▼2.1% | 990PF |
| 2013 | $149,945 | $142,959▼7.4% | $1,704,804▲0.4% | $1,704,804▲0.4% | 990PF |
| 2012 | — | $154,391 | $1,697,818 | $1,697,818 | 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 The Frederick E Schmid Charitable Foundation Inc a legitimate nonprofit?
- Yes. The Frederick E Schmid Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2875531, based in Arcadia, Michigan. Donations are tax-deductible.
- What is The Frederick E Schmid Charitable Foundation Inc's EIN?
- The Frederick E Schmid Charitable Foundation Inc's Employer Identification Number (EIN) is 38-2875531.
- How much revenue does The Frederick E Schmid Charitable Foundation Inc report?
- The Frederick E Schmid Charitable Foundation Inc reported $176,287 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Frederick E Schmid Charitable Foundation Inc have?
- CharityIndex grades The Frederick E Schmid Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for The Frederick E Schmid Charitable Foundation Inc (EIN 38-2875531) 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.