Civic Intelligence

Schmidt Legacy Foundation

990EZ • Fiscal year 2015 • EIN 46-3130415

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 19, 2016

Organization ProfileWWW.SCHMIDTLEGACYFOUNDATION.ORG
14071 Peyton Ave 2590Chino Hills, CA 91709

(909) 591-0299

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

95th percentile

64%

Higher net margin than 95% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

98th percentile

682%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

55th percentile

4.1%

Faster revenue growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$37,227

Up $32,467 (+682%) from 2014

Net Assets

Up

$37,227

Up $32,467 (+682%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin95th percentile

Revenue

Up

$50,961

Up $1,986 (+4.1%) from 2014

Expenses

Down

$18,544

Down $25,671 (-58%) from 2014

Net Income

Up

$32,417

Up $27,657 (+581%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2014: $4,760Liabilities 2014: $0Net Assets 2014: $4,7602014Assets 2015: $37,227Liabilities 2015: $0Net Assets 2015: $37,2272015Assets 2016: $42,393Liabilities 2016: $0Net Assets 2016: $42,3932016Assets 2017: $50,978Liabilities 2017: $0Net Assets 2017: $50,9782017Assets 2018: $45,772Liabilities 2018: $0Net Assets 2018: $45,7722018Assets 2019: $50,452Liabilities 2019: $0Net Assets 2019: $50,4522019

Highlighted filing

2015

Assets$37,227
Liabilities$0
Net Assets$37,227
Open 2015 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2014: $48,975Expenses 2014: $44,215Net Income 2014: $4,7602014Revenue 2015: $50,961Expenses 2015: $18,544Net Income 2015: $32,4172015Revenue 2016: $41,638Expenses 2016: $36,472Net Income 2016: $5,1662016Revenue 2017: $43,758Expenses 2017: $35,173Net Income 2017: $8,5852017Revenue 2018: $26,499Expenses 2018: $31,705Net Income 2018: -$5,2062018Revenue 2019: $38,296Expenses 2019: $33,616Net Income 2019: $4,6802019

Highlighted filing

2015

Revenue$50,961
Expenses$18,544
Net Income$32,417
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 19, 2016
Return Version
2014v6.0
Gross Receipts
$50,961
Mission and Program Overview

Mission

To support medical research, specifically in the areas of lung cancer and dementia by partnering with leading researchers.

Program Services

DescriptionGrantsExpenses
TO FUND CANCER RESEARCH$10,000$8,544
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF SCHMIDTPresident/Treasurer-$0--
DAWN SCHMIDT BROOKSHIREMember At Large-$0--
JOSEPH SCHMIDTVice President-$0--
KARIN MUTHSecretary-$0--
TIM BURNSMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Schmidt Legacy Foundation
EIN
46-3130415
Phone
9095910299
Address
14071 PEYTON AVE 2590, CHINO HILLS, CA 91709

Signing Officer

Name
Jeff Schmidt
Title
President
Phone
9095910299
Signed
2016-01-19

Preparer

Firm
Burns & Johnston Cpas
Address
9620 CENTER AVE STE 160, RANCHO CUCAMONGA, CA 91730
Preparer
Timothy J Burns CPA
Phone
9099442959
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: lung research. Grantee name: addario lung cancer medical institute. Grantee address: 1100 industrial road #1 san carlos, ca 94070. Property description: cash. Date of gift: 01/26/15. Amount given: 10,000.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: advertising. Amount: 359. Description: miscellaneous. Amount: 218. Description: event expenses. Amount: 4,975. Description: processing fees. Amount: 2,302. Total to form 990-ez, line 16: 7,854.”

Raw XML Appendix139 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0JEFF SCHMIDT
IRS990EZ/BooksInCareOfDetail/PhoneNum09095910299
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014071 PEYTON AVE 2590
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHINO HILLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091709
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04810
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt032417
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IRS990EZ/GrossReceiptsAmt050961
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04810
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04810
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt037227
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFF SCHMIDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAWN SCHMIDT BROOKSHIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSEPH SCHMIDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KARIN MUTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TIM BURNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER AT LARGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER AT LARGE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07854
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT MEDICAL RESEARCH, SPECIFICALLY IN THE AREAS OF LUNG CANCER AND DEMENTIA BY PARTNERING WITH LEADING RESEARCHERS.
IRS990EZ/ProgramServiceRevenueAmt04655
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FUND CANCER RESEARCH
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08544
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt018544
IRS990EZ/TotalProgramServiceExpensesAmt08544
IRS990EZ/TotalRevenueAmt050961
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SCHMIDTLEGACYFOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt071846
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt068091
IRS990ScheduleA/SubstantialContributorsTotAmt03755
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt050961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020885
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt071846
IRS990ScheduleA/TotalSupportAmt071846
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: LUNG RESEARCH. GRANTEE NAME: ADDARIO LUNG CANCER MEDICAL INSTITUTE. GRANTEE ADDRESS: 1100 INDUSTRIAL ROAD #1 SAN CARLOS, CA 94070. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 01/26/15. AMOUNT GIVEN: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING. AMOUNT: 359. DESCRIPTION: MISCELLANEOUS. AMOUNT: 218. DESCRIPTION: EVENT EXPENSES. AMOUNT: 4,975. DESCRIPTION: PROCESSING FEES. AMOUNT: 2,302. TOTAL TO FORM 990-EZ, LINE 16: 7,854.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF SCHMIDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09095910299
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHMIDT LEGACY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SCHM
ReturnHeader/Filer/EIN0463130415
ReturnHeader/Filer/PhoneNum09095910299
ReturnHeader/Filer/USAddress/AddressLine1Txt014071 PEYTON AVE 2590
ReturnHeader/Filer/USAddress/CityNm0CHINO HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091709
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271586089
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURNS & JOHNSTON CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09620 CENTER AVE STE 160
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RANCHO CUCAMONGA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091730
ReturnHeader/PreparerPersonGrp/PhoneNum09099442959
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY J BURNS CPA
ReturnHeader/ReturnTs02016-01-19T17:50:19-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,227
Liabilities
$0
Net assets
$37,227
Revenue
$50,961
Expenses
$18,544
Net income
$32,417
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$50.5$0.00$50.5$38.3$33.6$4.68
2018Detailed filing. Detailed filing data is available for this year.$45.8$0.00$45.8$26.5$31.7$5.21
2017Detailed filing. Detailed filing data is available for this year.$51.0$0.00$51.0$43.8$35.2$8.59
2016Detailed filing. Detailed filing data is available for this year.$42.4$0.00$42.4$41.6$36.5$5.17
2015Detailed filing. Detailed filing data is available for this year.$37.2$0.00$37.2$51.0$18.5$32.4
2014Detailed filing. Detailed filing data is available for this year.$4.76$0.00$4.76$49.0$44.2$4.76