William E Schmidt Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
William E Schmidt Foundation Inc is a 501(c)(3) organization based in Evansville, Indiana, registered in 1993, with $2,515,926 in FY2024 revenue. CharityIndex grades it B.
Po Box 6783, Evansville, IN, 47719 EIN 35-1884241 Since 1993
Revenue (FY2024)
$2.5M
▲ 12.2% vs prior year
Education median: $200K
Expenses (FY2024)
$2.3M
Net assets
$34.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 William E Schmidt 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 rating182 mo reserves · +10% 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 William E Schmidt Foundation Inc: 182 mo reserves · +10% 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 William E Schmidt 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 →
CTransparency10% of the rating2 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 William E Schmidt Foundation Inc: 2 of 5 disclosure signals earns a C 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
- Po Box 6783, Evansville, IN, 47719
- City
- Evansville
- State
- Indiana
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Website
- …
Financial trends
Revenue declined from $21.5M (FY2015) to $2.5M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10KNet assets $34.4M
Operating margin
9.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$34.4M
Total liabilities
$10K
Net assets
$34.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,515,926▲12.2% | $2,268,564▲3.6% | $34,379,349▲0.7% | $34,389,588▲0.7% | 990PF |
| 2023 | $2,242,063▼57.5% | $2,190,718▲0.3% | $34,131,987▲0.2% | $34,147,625▲0.2% | 990PF |
| 2022 | $5,274,784▲146% | $2,183,231▲5.4% | $34,080,642▲10.0% | $34,089,285▲10.0% | 990PF |
| 2021 | $2,147,673▲48.7% | $2,071,173▲7.9% | $30,989,089▲0.2% | $30,996,134▲0.3% | 990PF |
| 2020 | $1,444,348▼93.3% | $1,920,089▲186% | $30,912,589▲6.7% | $30,917,768▲6.8% | 990PF |
| 2015 | $21,528,118 | $671,833 | $28,960,485 | $28,960,485 | 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 Education
Compare William E Schmidt Foundation Inc
Frequently asked questions
- Is William E Schmidt Foundation Inc a legitimate nonprofit?
- Yes. William E Schmidt Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1884241, based in Evansville, Indiana. Donations are tax-deductible.
- What is William E Schmidt Foundation Inc's EIN?
- William E Schmidt Foundation Inc's Employer Identification Number (EIN) is 35-1884241.
- How much revenue does William E Schmidt Foundation Inc report?
- William E Schmidt Foundation Inc reported $2,515,926 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William E Schmidt Foundation Inc have?
- CharityIndex grades William E Schmidt Foundation Inc B, based on financial health (reserves and operating margin).
More nonprofits in Evansville
Explore more
Data for William E Schmidt Foundation Inc (EIN 35-1884241) 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.