WILLIAM C SCHUMACHER FAMILY FOUNDATION (EIN 823932028) - Form 990 Financial Analysis & Trantor Score

🔒

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

2018

Legal Domicile

Principal Officer

ERICA RAY

Phone

3377694840

Tax Period

2024-01-01 to 2024-12-31

WILLIAM C SCHUMACHER FAMILY FOUNDATION, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 142% operating deficit.

Mission

TO SUPPORT THE CHARITABLE MISSION OF COMMUNITY FOUNDATION OF ACADIANA BY DISTRIBUTING FUNDS TO OTHER CHARITABLE ORGANIZATIONS OR SPENDING RESOURCES TO BUILD STRONGER COMMUNITIES THROUGH COLLABORATION AND COMMUNITY ENGAGEMENT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $873,205

Program Service Revenue $0

Investment Income $316,339

Other Revenue $50,918

TOTAL REVENUE $1,240,462

Expense Breakdown

Grants Paid $2,528,193

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,638,806

Other Expenses $479,522

TOTAL EXPENSES $3,007,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,240,462	$2,962,578	-0.6%
Expenses	$3,007,715	$4,280,716	-0.3%
Net Income	$-1,767,253	$-1,318,138	+0.3%

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

N/A

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

$244,348

Total Directors

$244,348

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM C SHUMACHER	DIRECTOR	1.00	Officer Director	$0	$0	$0
BYRON REYES	PRESIDENT	40.00	Officer Director	$0	$0	$0
MISSY ANDRADE	SECRETARY/TREASURER	1.00	Officer Director	$0	$18,186	$244,348

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	$1,240,462	$3,007,715	$22,975,992	$-1,767,253
2023	$2,962,578	$4,280,716	$22,416,374	$-1,318,138
2022	$2,150,841	$2,591,186	$22,357,310	$-440,345
2021	$1,867,606	$2,542,294	$29,256,069	$-674,688
2020	$2,533,820	$2,845,449	$23,471,936	$-311,629
2019	$11,284,640	$2,771,933	$21,355,042	$8,512,707
2018	$10,659,712	$15,515	$10,424,827	$10,644,197

WILLIAM C SCHUMACHER FAMILY FOUNDATION