Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
William Scheid Fund for a Better Future
990EZ • Fiscal year 2020 • EIN 47-5419512
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$88,950
Up $88,950 from 2016
Net Assets
Up$88,950
Up $88,950 from 2016
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$39,550
Up $22,737 (+135%) from 2016
Expenses
$10,025
No earlier filing loaded for comparison.
Net Income
$29,525
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 8, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $39,550
Mission and Program Overview
Mission
Provide funding to Colegio Antigua, Guatamala to provide scholarships and education to disadvantaged students.
This statement is also a supplement to 990-ez p1, line 10. During the year, grants were awarded to colegio antigua for the specific purpose of providing funding for worthy and poor students who could not otherwise receive education beyond grade 6. Scholarships are awarded by the school by application directly to colegio antigua, with help in identifying worthy students by their representative, harvey toledo. Grants cover all expenses for students to attend the school including tuition, extracurriclar fees, lab fees, computer fees & internet access, uniforms, student field trips, transportation and any other expenses deemed necessary for students to succeed. During 2020, there were eight students that were able to take advantage of schooling with the help of the scheid fund.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVISION OF FUNDING TO COLEGIO ANTIGUA TO PROVIDE SCHOLARSHIP FUNDING FOR WORTHY & POOR STUDENTS OF ANTIGUA TO PROVIDE EDUCATION BEYOND GRADE SIX. THIS CONSTITUTED 100% OF ALL EXPENDITURES. | $9,282 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEPHANIE MONSON | Director | - | $0 | - | - |
| JOHN SCHEID | President | - | $0 | - | - |
| EILEEN KELLY | Treasurer | - | $0 | - | - |
| JAMES MORONEY | Vice President | - | $0 | - | - |
| JOSHUA VOUGHT | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- William Scheid Fund for a Better Future
- EIN
- 47-5419512
- Phone
- 6122018286
- Address
- 7730 COUNTRYSIDE DRIVE, BLOOMINGTON, MN 55438
Signing Officer
- Name
- Eileen Kelly
- Title
- Treasurer
- Phone
- 6122018286
- Signed
- 2021-11-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Et Kelly & Associates LLC
- Address
- 7301 OHMS LANE SUITE 125, EDINA, MN 55439
- Preparer
- Patricia Moskalik
- Phone
- 9525489150
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: non profit school. Grantee name: colegio antigua. Grantee address: colonia san francisco no. 10 la antigua, guatemala. Grantee relationship: none. Date of gift: 08/27/20. Amount given: 9,282.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: online donation fees. Amount: 116. Description: bank service charges. Amount: 193. Total to form 990-ez, line 16: 309.”
Raw XML Appendix156 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | EILEEN KELLY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6122018286 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7730 COUNTRYSIDE DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BLOOMINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 554382018 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 59425 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 88950 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 39550 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 29525 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 434 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 59425 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 88950 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 9282 |
| IRS990EZ/GrossReceiptsAmt | 0 | 39550 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 59425 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 88950 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 59425 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 88950 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEPHANIE MONSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOHN SCHEID |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | EILEEN KELLY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JAMES MORONEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JOSHUA VOUGHT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 309 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THIS STATEMENT IS ALSO A SUPPLEMENT TO 990-EZ P1, LINE 10. DURING THE YEAR, GRANTS WERE AWARDED TO COLEGIO ANTIGUA FOR THE SPECIFIC PURPOSE OF PROVIDING FUNDING FOR WORTHY AND POOR STUDENTS WHO COULD NOT OTHERWISE RECEIVE EDUCATION BEYOND GRADE 6. SCHOLARSHIPS ARE AWARDED BY THE SCHOOL BY APPLICATION DIRECTLY TO COLEGIO ANTIGUA, WITH HELP IN IDENTIFYING WORTHY STUDENTS BY THEIR REPRESENTATIVE, HARVEY TOLEDO. GRANTS COVER ALL EXPENSES FOR STUDENTS TO ATTEND THE SCHOOL INCLUDING TUITION, EXTRACURRICLAR FEES, LAB FEES, COMPUTER FEES & INTERNET ACCESS, UNIFORMS, STUDENT FIELD TRIPS, TRANSPORTATION AND ANY OTHER EXPENSES DEEMED NECESSARY FOR STUDENTS TO SUCCEED. DURING 2020, THERE WERE EIGHT STUDENTS THAT WERE ABLE TO TAKE ADVANTAGE OF SCHOOLING WITH THE HELP OF THE SCHEID FUND. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVISION OF FUNDING TO COLEGIO ANTIGUA TO PROVIDE SCHOLARSHIP FUNDING FOR WORTHY & POOR STUDENTS OF ANTIGUA TO PROVIDE EDUCATION BEYOND GRADE SIX. THIS CONSTITUTED 100% OF ALL EXPENDITURES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 9282 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 10025 |
| IRS990EZ/TotalRevenueAmt | 0 | 39550 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.WILLIAMSCHEIDFUND.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 39550 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11525 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15240 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 21645 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17069 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 105029 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.63230 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.51100 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 66415 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 38614 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 39550 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11525 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15240 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 21645 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17069 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 105029 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 105029 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: NON PROFIT SCHOOL. GRANTEE NAME: COLEGIO ANTIGUA. GRANTEE ADDRESS: COLONIA SAN FRANCISCO NO. 10 LA ANTIGUA, GUATEMALA. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 08/27/20. AMOUNT GIVEN: 9,282. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ONLINE DONATION FEES. AMOUNT: 116. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 193. TOTAL TO FORM 990-EZ, LINE 16: 309. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | EILEEN KELLY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6122018286 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WILLIAM SCHEID FUND FOR A BETTER FUTURE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WILL |
| ReturnHeader/Filer/EIN | 0 | 475419512 |
| ReturnHeader/Filer/PhoneNum | 0 | 6122018286 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 7730 COUNTRYSIDE DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BLOOMINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55438 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411990680 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ET KELLY & ASSOCIATES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7301 OHMS LANE SUITE 125 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | EDINA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55439 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9525489150 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PATRICIA MOSKALIK |
| ReturnHeader/ReturnTs | 0 | 2021-11-08T09:03:20-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | EILEEN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | KELLY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $88,950
- Liabilities
- $0
- Net assets
- $88,950
- Revenue
- $39,550
- Expenses
- $10,025
- Net income
- $29,525
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2020Detailed filing. Detailed filing data is available for this year. | $89.0 | $0.00 | $89.0 | $39.6 | $10.0 | $29.5 |
| 2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending. | $0.00 | $0.00 | $16.8 | |||
| 2015Summary only. Only limited summary data is available for this year. | $17.3 | $0.00 | $18.2 | $0.95 | $17.3 | |