THE MARVIN M SCHWAN CHARITABLE FOUNDATION (EIN 363918630) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

Rev Keith Boheim

Phone

3147392116

Tax Period

2023-01-01 to 2023-12-31

THE MARVIN M SCHWAN CHARITABLE FOUNDATION, founded in 1992, is a mid-sized nonprofit in the Religion sector that reported $23.4M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $6.4M, a strong 27% operating margin.

Mission

To provide financial support to specific religious organizations as specified by the trust's governing documents.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $23,383,472

Other Revenue $0

TOTAL REVENUE $23,383,472

Expense Breakdown

Grants Paid $14,368,500

Salaries & Benefits $414,749

Fundraising Expenses $0

Program Expenses $14,574,558

Other Expenses $2,228,601

TOTAL EXPENSES $17,011,850

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,383,472	$27,869,209	-0.2%
Expenses	$17,011,850	$19,026,370	-0.1%
Net Income	$6,371,622	$8,842,839	-0.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$342,714

Total Directors

$52,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV KEITH BOHEIM	EXECUTIVE DIRECTOR	40.0	Officer	$314,876	$27,838	$342,714
LYLE FANNING	TRUSTEE	0.0	Director	$13,000	$0	$13,000
LAWRENCE RAST JR	TRUSTEE	0.0	Director	$13,000	$0	$13,000
Verlyn Hahn	Trustee	0.0	Director	$13,000	$0	$13,000
Max Wenck	TRUSTEE	0.0	Director	$13,000	$0	$13,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$23,383,472	$17,011,850	$425,570,879	$6,371,622
2022	$27,869,209	$19,026,370	$400,319,600	$8,842,839
2021	$60,426,549	$16,747,149	$458,156,582	$43,679,400
2020	$16,300,505	$15,993,446	$409,431,512	$307,059
2019	$16,559,973	$15,848,872	$382,868,376	$711,101
2018	$25,222,295	$17,208,198	$339,980,715	$8,014,097

THE MARVIN M SCHWAN CHARITABLE FOUNDATION