Civic Intelligence

Alex Schmidt Memorial Foundation

EIN 87-2369915 • 501(c)3 • Rochester, MN

Profile

Provide money to deserving students

4403 Arcon Lane NWRochester, MN 55901
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

91st percentile

55%

Higher net margin than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

98th percentile

426%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

357%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$33,794

Up $3,628 (+12%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$33,794

Up $3,628 (+12%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin91st percentile

Revenue

Up

$15,615

Up $851 (+5.8%) from 2023

Expenses

Down

$11,987

Down $2,731 (-19%) from 2023

Net Income

Up

$3,628

Up $3,582 (+7787%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2021: $5,722Liabilities 2021: $0Net Assets 2021: $5,7222021Assets 2022: $30,120Liabilities 2022: $0Net Assets 2022: $30,1202022Assets 2023: $30,166Liabilities 2023: $0Net Assets 2023: $30,1662023Assets 2024: $33,794Liabilities 2024: $0Net Assets 2024: $33,7942024

Highlighted filing

2024

Assets$33,794
Liabilities$0
Net Assets$33,794
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2021: $9,800Expenses 2021: $4,078Net Income 2021: $5,7222021Revenue 2022: $44,744Expenses 2022: $20,346Net Income 2022: $24,3982022Revenue 2023: $14,764Expenses 2023: $14,718Net Income 2023: $462023Revenue 2024: $15,615Expenses 2024: $11,987Net Income 2024: $3,6282024

Highlighted filing

2024

Revenue$15,615
Expenses$11,987
Net Income$3,628
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,794
Liabilities
$0
Net assets
$33,794
Revenue
$15,615
Expenses
$11,987
Net income
$3,628
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.8$0.00$33.8$15.6$12.0$3.63
2023Detailed filing. Detailed filing data is available for this year.$30.2$0.00$30.2$14.8$14.7$0.05
2022Detailed filing. Detailed filing data is available for this year.$30.1$0.00$30.1$44.7$20.3$24.4
2021Detailed filing. Detailed filing data is available for this year.$5.72$0.00$5.72$9.80$4.08$5.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 7, 2025
Return Version
2024v5.1
Gross Receipts
$15,615
Mission and Program Overview

Mission

Provide money to deserving students

Program Services

DescriptionGrantsExpenses
FUND RAISING INCLUDING A GOLF TOURNAMENT TO RAISE MONEY FOR HARD WORKING AND DESERVING STUDENTS-$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRYAN SCHMIDTOfficer-$0--
NATALIE SCHMIDTOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Alex Schmidt Memorial Foundation
EIN
87-2369915
In Care Of
% BRYAN SCHMIDT
Phone
5072692939
Address
4403 ARCON LANE NW, ROCHESTER, MN 55901

Signing Officer

Name
Bryan Schmidt
Title
Officer
Phone
5072692939
Signed
2025-03-07
Discuss with paid preparer
Yes

Preparer

Firm
Jeffs Tax Accounting
Address
1009 Whitewater Ave, Saint Charles, MN 55972
Preparer
Jeff Neumann
Phone
5079328470
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountSCHOLARSHIPS 6,100YOUTH SPORTS DONATIONS 2,440CANCER SUPPORT 2,142SPECIAL OLYMPICS 100EDUCATION 94OPERATING EXPENSES 1,111”

Raw XML Appendix138 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BRYAN SCHMIDT
IRS990EZ/BooksInCareOfDetail/PhoneNum05072692939
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04403 ARCON LANE NW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Rochester
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055901
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030166
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033794
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015615
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03628
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt030166
IRS990EZ/Form990TotalAssetsGrp/EOYAmt033794
IRS990EZ/GrossReceiptsAmt015615
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt030166
IRS990EZ/NetAssetsOrFundBalancesEOYAmt033794
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt030166
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt033794
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRYAN SCHMIDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NATALIE SCHMIDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1OFFICER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt011987
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE MONEY TO DESERVING STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUND RAISING INCLUDING A GOLF TOURNAMENT TO RAISE MONEY FOR HARD WORKING AND DESERVING STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011987
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt015615
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0FOUNDATION
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04595
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06089
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0685
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011369
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt011020
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt08675
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt044059
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt09800
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt073554
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt084923
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt015615
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt014764
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt044744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt09800
IRS990ScheduleA/Total509Grp/TotalAmt084923
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt015615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt014764
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt044744
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt09800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt084923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountSCHOLARSHIPS 6,100YOUTH SPORTS DONATIONS 2,440CANCER SUPPORT 2,142SPECIAL OLYMPICS 100EDUCATION 94OPERATING EXPENSES 1,111
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYAN SCHMIDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05072692939
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALEX SCHMIDT MEMORIAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ALEX
ReturnHeader/Filer/EIN0872369915
ReturnHeader/Filer/InCareOfNm0% BRYAN SCHMIDT
ReturnHeader/Filer/PhoneNum05072692939
ReturnHeader/Filer/USAddress/AddressLine1Txt04403 ARCON LANE NW
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055901
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411987966
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jeffs Tax Accounting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01009 Whitewater Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Saint Charles
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055972
ReturnHeader/PreparerPersonGrp/PhoneNum05079328470
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF NEUMANN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-12T20:09:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.