William Scheid Fund For A Better Future
Only null% goes to programs Strong reserves Growing revenue
William Scheid Fund For A Better Future is a 501(c)(3) organization based in Chaska, Minnesota, registered in 2016, with $39,550 in FY2020 revenue. CharityIndex grades it C+.
1028 Moers Dr, Chaska, MN, 55318 EIN 47-5419512 Since 2016
Revenue (FY2020)
$40K
▲ 135.2% vs prior year
Education median: $200K
Expenses (FY2020)
$10K
Net assets
$89K
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 William Scheid Fund For A Better Future— 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 rating106 mo reserves · +75% 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 Scheid Fund For A Better Future: 106 mo reserves · +75% 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 Scheid Fund For A Better Future— 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 William Scheid Fund For A Better Future: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1028 Moers Dr, Chaska, MN, 55318
- City
- Chaska
- State
- Minnesota
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue grew from $17K (FY2016) to $40K (FY2020) across 2 reported years.
Financial snapshot
Financial health & position (FY2020)
Liabilities $0Net assets $89K
Operating margin
74.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$89K
Total liabilities
$0
Net assets
$89K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2020 | $39,550▲135% | $10,025 | $88,950 | $88,950 | 990EZ |
| 2016 | $16,813 | — | $0 | $0 | 990EZ |
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 William Scheid Fund For A Better Future a legitimate nonprofit?
- Yes. William Scheid Fund For A Better Future is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-5419512, based in Chaska, Minnesota. Donations are tax-deductible.
- What is William Scheid Fund For A Better Future's EIN?
- William Scheid Fund For A Better Future's Employer Identification Number (EIN) is 47-5419512.
- How much revenue does William Scheid Fund For A Better Future report?
- William Scheid Fund For A Better Future reported $39,550 in total revenue on its fiscal year 2020 IRS Form 990 filing.
- What financial grade does William Scheid Fund For A Better Future have?
- CharityIndex grades William Scheid Fund For A Better Future C+, based on financial health (reserves and operating margin).
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Data for William Scheid Fund For A Better Future (EIN 47-5419512) 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.