THE WILLIAM J AND BARBARA A SCHMIDT FAMILY FOUNDATION INC (EIN 391869271) - 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

1997

Legal Domicile

Principal Officer

BARBARA SCHMIDT

Phone

9208301290

Tax Period

2024-01-01 to 2024-12-31

THE WILLIAM J AND BARBARA A SCHMIDT FAMILY FOUNDATION INC, founded in 1997, is a small nonprofit in the Employment sector that reported $543K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 183% operating deficit.

Mission

PROVIDE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS AS DETERMINED BY THE BOARD OF DIRECTORS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,915

Program Service Revenue $0

Investment Income $538,197

Other Revenue $0

TOTAL REVENUE $543,112

Expense Breakdown

Grants Paid $1,479,612

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,494,968

Other Expenses $57,435

TOTAL EXPENSES $1,537,047

Year-over-Year Comparison

	2024	2023	Change
Revenue	$543,112	$794,033	-0.3%
Expenses	$1,537,047	$854,276	+0.8%
Net Income	$-993,935	$-60,243	+15.5%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA SCHMIDT	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARNE KELLER-KRIKAVA	DIRECTOR	0.50	Director	$0	$0	$0
DR SARAH SCHMIDT	VICE PRESIDENT/SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
NANCY ARMBRUST	DIRECTOR	0.50	Director	$0	$0	$0
CHRIS WOLESKE	DIRECTOR	0.50	Director	$0	$0	$0

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	$543,112	$1,537,047	$7,009,857	$-993,935
2023	$794,033	$854,276	$7,236,734	$-60,243
2022	$409,024	$1,400,779	$6,861,017	$-991,755
2021	$613,843	$396,722	$9,799,606	$217,121
2021	$1,798,877	$1,119,597	$9,410,321	$679,280
2020	$336,830	$1,036,843	$6,870,247	$-700,013
2019	$470,148	$492,358	$7,600,004	$-22,210
2018	$668,327	$707,164	$7,604,579	$-38,837

THE WILLIAM J AND BARBARA A SCHMIDT FAMILY FOUNDATION INC