OTTO SCHOITZ FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

MICHELE PANICUCCI

Phone

3192322870

Tax Period

2019-10-01 to 2020-09-30

OTTO SCHOITZ FOUNDATION, founded in 2016, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2019. Revenue decreased 13% compared to the prior year. Expenses of $2.6M exceeded revenue, resulting in a 58% operating deficit.

Mission

IMPROVE THE HEALTH AND WELL-BEING OF THE COMMUNITY AND ITS INDIVIDUAL MEMBERS WITHIN THE GREATER CEDAR VALLEY REGION, DEFINED AS THE GEOGRAPHICAL AREA WITHIN 30 MILES FROM THE CENTER OF WATERLOO, IOWA.

Program Service Accomplishments

Program 1

Expenses: $2,398,172

THE FOUNDATION AWARDS GRANTS TO ORGANIZATIONS DULY AUTHORIZED AND EQUIPPED TO CARRY ON ACTIVITIES WHICH ARE ALIGNED WITH THE FOUNDATION'S MISSION. THE FOUNDATION AWARDED $2,283,272 TO 51...

THE FOUNDATION AWARDS GRANTS TO ORGANIZATIONS DULY AUTHORIZED AND EQUIPPED TO CARRY ON ACTIVITIES WHICH ARE ALIGNED WITH THE FOUNDATION'S MISSION. THE FOUNDATION AWARDED $2,283,272 TO 51 ORGANIZATIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,651,275

Other Revenue $0

TOTAL REVENUE $1,651,275

Expense Breakdown

Grants Paid $2,283,272

Salaries & Benefits $198,707

Fundraising Expenses $0

Program Expenses $2,398,172

Other Expenses $120,747

TOTAL EXPENSES $2,602,726

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,651,275	$1,889,291	-0.1%
Expenses	$2,602,726	$3,136,339	-0.2%
Net Income	$-951,451	$-1,247,048	-0.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$126,690

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE PANICUCCI	EXECUTVE DIRECTOR	40.00	Officer	$102,544	$24,146	$126,690
DENNIS CLARK	DIRECTOR	0.25	Director	$0	$0	$0
HUGH FIELD	DIRECTOR	0.25	Director	$0	$0	$0
BECKY MUDD	DIRECTOR	0.25	Director	$0	$0	$0
DONNA NELSON	DIRECTOR	0.25	Director	$0	$0	$0
ROBERT PETERSEN	DIRECTOR	0.25	Director	$0	$0	$0
DOUGLAS STANFORD	DIRECTOR	0.25	Director	$0	$0	$0
CATHERINE YOUNG	DIRECTOR	0.25	Director	$0	$0	$0
CAMILLE HOGAN	CHAIR	1.00	Officer Director	$0	$0	$0
ERIC LOCKE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MIKE MALLARO	TREASURER	1.00	Officer Director	$0	$0	$0
RUDY JONES	SECRETARY	1.00	Officer 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
2020	$1,651,275	$2,602,726	$60,079,015	$-951,451
2019	$1,889,291	$3,136,339	$59,448,561	$-1,247,048
2018	$1,643,476	$2,789,822	$59,218,701	$-1,146,346