The@martha and Joseph Schrodt Family Foundation
Only null% goes to programs Strong reserves Growing revenue
The@martha and Joseph Schrodt Family Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2001, with $9,386,663 in FY2023 revenue. CharityIndex grades it C+.
1130 S Michigan Ave Apt 2604, Chicago, IL, 60605 EIN 36-4443304 Since 2001
Revenue (FY2023)
$9.4M
▲ 727.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$270K
Net assets
$13.0M
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@martha and Joseph Schrodt Family 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 rating577 mo reserves · +97% 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@martha and Joseph Schrodt Family Foundation: 577 mo reserves · +97% 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@martha and Joseph Schrodt Family 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 The@martha and Joseph Schrodt Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1130 S Michigan Ave Apt 2604, Chicago, IL, 60605
- City
- Chicago
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $121K (FY2013) to $9.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $13.0M
Operating margin
97.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.0M
Total liabilities
$0
Net assets
$13.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,386,663▲727% | $269,647▲119% | $12,967,436▲237% | $12,967,436▲237% | 990PF |
| 2022 | $1,134,874▲213% | $123,195▼66.6% | $3,850,420▲35.6% | $3,850,420▲35.6% | 990PF |
| 2021 | $362,693▲250% | $368,391▼2.0% | $2,840,297▼0.2% | $2,840,297▼0.2% | 990PF |
| 2020 | $103,605▼91.5% | $375,895▲81.3% | $2,845,995▼8.8% | $2,845,995▼8.8% | 990PF |
| 2019 | $1,219,065▲16.5% | $207,352▼77.6% | $3,119,043▲48.1% | $3,119,043▲48.1% | 990PF |
| 2018 | $1,046,403▲316% | $927,217▲380% | $2,105,500▲5.4% | $2,105,500▲5.4% | 990PF |
| 2017 | $251,789▲50.4% | $193,048▲52.9% | $1,997,890▲6.4% | $1,997,890▲6.4% | 990PF |
| 2016 | $167,379▼6.8% | $126,263▼21.4% | $1,878,053▲2.2% | $1,878,053▲2.2% | 990PF |
| 2015 | $179,640▼3.7% | $160,645▲115% | $1,836,932▲1.0% | $1,836,932▲1.0% | 990PF |
| 2014 | $186,579▲54.6% | $74,643▲17.0% | $1,817,937▲6.6% | $1,817,937▲6.6% | 990PF |
| 2013 | $120,693 | $63,786▼0.7% | $1,706,001▲3.5% | $1,706,001▲3.5% | 990PF |
| 2012 | — | $64,263▲6.5% | $1,649,094▼0.1% | $1,649,094▼0.1% | 990PF |
| 2011 | — | $60,357▲1.0% | $1,650,830▲1.2% | $1,650,830▲1.2% | 990PF |
| 2010 | — | $59,745 | $1,631,809 | $1,631,809 | 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 The@martha and Joseph Schrodt Family Foundation a legitimate nonprofit?
- Yes. The@martha and Joseph Schrodt Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-4443304, based in Chicago, Illinois. Donations are tax-deductible.
- What is The@martha and Joseph Schrodt Family Foundation's EIN?
- The@martha and Joseph Schrodt Family Foundation's Employer Identification Number (EIN) is 36-4443304.
- How much revenue does The@martha and Joseph Schrodt Family Foundation report?
- The@martha and Joseph Schrodt Family Foundation reported $9,386,663 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does The@martha and Joseph Schrodt Family Foundation have?
- CharityIndex grades The@martha and Joseph Schrodt Family Foundation C+, based on financial health (reserves and operating margin).
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Data for The@martha and Joseph Schrodt Family Foundation (EIN 36-4443304) 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.