SchermCo Foundation

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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

2020

Legal Domicile

Principal Officer

Gregory Schermbeck

Phone

4193670119

Tax Period

2023-01-01 to 2023-12-31

SchermCo Foundation, founded in 2020, is a small nonprofit in the Education sector that reported $246K in total revenue in fiscal year 2023. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 35% operating margin.

Mission

The organization was formed to further invest and support equity in education.

Program Service Accomplishments

Program 1

Expenses: $139,866 Revenue: $114,594

Increase educational equity by investing in supporting organizations through family empowerment, strategic implementation services, and workforce development

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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 $130,952

Program Service Revenue $111,890

Investment Income $2,704

Other Revenue $0

TOTAL REVENUE $245,546

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,286

Fundraising Expenses $0

Program Expenses $139,866

Other Expenses $86,631

TOTAL EXPENSES $159,917

Year-over-Year Comparison

	2023	2022	Change
Revenue	$245,546	$120,375	+1.0%
Expenses	$159,917	$33,341	+3.8%
Net Income	$85,629	$87,034	0.0%

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

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
Greg Schermbeck	Board Chair	1.00	Officer Director	$0	$0	$0
Lori Schermbeck	Secretary	1.00	Officer Director	$0	$0	$0
Brandon Ziegler	Treasurer	1.00	Officer Director	$0	$0	$0
Crystal Rountree	Director	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$245,546	$159,917	$285,672	$85,629