Schofield Family Foundation
- Assets
- $83.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palos Heights, IL
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 83-2188340
Organization Overview
Schofield Family Foundation is located in Palos Heights, IL. The organization was established in 2018. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schofield Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Schofield Family Foundation generated $69.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $50.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Schofield III President | 0 | $0 | |
Kendall Coyne Schofield President | 0 | $0 | |
Michael Schofield Jr Director | 0 | $0 | |
John Coyne Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,884 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,723 |
| Other Revenue | $0 |
| Total Revenue | $69,607 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,474 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $2,056 |
| Total expenses | $50,632 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,086 |
| Other assets | $0 |
| Total assets | $83,086 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,086 |