Civic Intelligence

Isaac Schuman Foundation

990EZ • Fiscal year 2023 • EIN 92-2458191

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 13, 2024

1914 Oak Glen DriveStillwater, MN 55082

(651) 214-4808

Siviq Scores

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

Liabilities / Assets

76th percentile

0.00x

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

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.00x

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

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Net Margin

85th percentile

72%

Higher net margin than 85% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$49,151

No earlier filing loaded for comparison.

Net Assets

$49,151

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$68,470

No earlier filing loaded for comparison.

Expenses

$19,319

No earlier filing loaded for comparison.

Net Income

$49,151

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2023: $49,151Liabilities 2023: $0Net Assets 2023: $49,1512023Assets 2024: $65,840Liabilities 2024: $0Net Assets 2024: $65,8402024

Highlighted filing

2023

Assets$49,151
Liabilities$0
Net Assets$49,151

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2023: $68,470Expenses 2023: $19,319Net Income 2023: $49,1512023Revenue 2024: $34,456Expenses 2024: $17,767Net Income 2024: $16,6892024

Highlighted filing

2023

Revenue$68,470
Expenses$19,319
Net Income$49,151
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 13, 2024
Return Version
2023v5.1
Gross Receipts
$94,112
Mission and Program Overview

Mission

Our mission is to keep isaac's kind, generous and hard-working spirit alive by helping people overcome hardships and empower them to achieve their dreams. Our foundation honors isaac's legacy, helping others do what he could only dream, by providing scholarships to motivated youth.

Program Services

DescriptionGrantsExpenses
OUR FOUNDATION HONORS ISAAC'S LEGACY, HELPING OTHERS DO WHAT HE COULD ONLY DREAM, BY PROVIDING SCHOLARSHIPS TO MOTIVATED YOUTH. DURING 2023, 6 INDIVIDUALS RECEIVED SCHOLARSHIPS FROM THE FOUNDATION TO HELP PAY FOR THEIR COLLEGE TUITION AND SUPPLIES.$15,900$17,301
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALINA HERNANDEZBoard Member, Executive DirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$58,797$15,465$2,838$12,627
Total Events$58,797$15,465$25,642$-10,177
Filing and Contact Details

Filer

Filer Name
Isaac Schuman Foundation
EIN
92-2458191
Phone
6512144808
Address
1914 OAK GLEN DRIVE, STILLWATER, MN 55082

Signing Officer

Name
Alina Hernandez
Title
Executive Director
Phone
6512144808
Signed
2024-08-13
Discuss with paid preparer
Yes

Preparer

Firm
Akins Henke and Company
Address
600 INWOOD AVENUE NORTH SUITE 160, OAKDALE, MN 55128
Preparer
Chris J Henke
Phone
6516363806
Supplemental Narrative

Additional Explanations

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

Activity classification: scholarship . Grantee name: alex vang. Date of gift: 09/11/23. Amount given: 3,150.

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

Activity classification: scholarship . Grantee name: alyssa lord. Date of gift: 09/25/23. Amount given: 3,150.

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

Activity classification: scholarship . Grantee name: jowahn cockfield. Date of gift: 09/11/23. Amount given: 3,150.

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

Activity classification: scholarship . Grantee name: landon weyer. Date of gift: 11/02/23. Amount given: 3,150.

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

Activity classification: scholarship . Grantee name: ryan nelson. Date of gift: 10/04/23. Amount given: 3,150.

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

Activity classification: scholarship . Grantee name: owen peloquin. Date of gift: 11/10/23. Amount given: 150. Total included on form 990-ez, line 10: 15,900.

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

Description: bank and merchant fees. Amount: 343. Description: office supplies. Amount: 325. Description: marketing and advertising. Amount: 1,401. Total to form 990-ez, line 16: 2,069.

Raw XML Appendix159 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.

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IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION IS TO KEEP ISAAC'S KIND, GENEROUS AND HARD-WORKING SPIRIT ALIVE BY HELPING PEOPLE OVERCOME HARDSHIPS AND EMPOWER THEM TO ACHIEVE THEIR DREAMS. OUR FOUNDATION HONORS ISAAC'S LEGACY, HELPING OTHERS DO WHAT HE COULD ONLY DREAM, BY PROVIDING SCHOLARSHIPS TO MOTIVATED YOUTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OUR FOUNDATION HONORS ISAAC'S LEGACY, HELPING OTHERS DO WHAT HE COULD ONLY DREAM, BY PROVIDING SCHOLARSHIPS TO MOTIVATED YOUTH. DURING 2023, 6 INDIVIDUALS RECEIVED SCHOLARSHIPS FROM THE FOUNDATION TO HELP PAY FOR THEIR COLLEGE TUITION AND SUPPLIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: SCHOLARSHIP . GRANTEE NAME: ALEX VANG. DATE OF GIFT: 09/11/23. AMOUNT GIVEN: 3,150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SCHOLARSHIP . GRANTEE NAME: ALYSSA LORD. DATE OF GIFT: 09/25/23. AMOUNT GIVEN: 3,150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: SCHOLARSHIP . GRANTEE NAME: JOWAHN COCKFIELD. DATE OF GIFT: 09/11/23. AMOUNT GIVEN: 3,150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: SCHOLARSHIP . GRANTEE NAME: LANDON WEYER. DATE OF GIFT: 11/02/23. AMOUNT GIVEN: 3,150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: SCHOLARSHIP . GRANTEE NAME: RYAN NELSON. DATE OF GIFT: 10/04/23. AMOUNT GIVEN: 3,150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: SCHOLARSHIP . GRANTEE NAME: OWEN PELOQUIN. DATE OF GIFT: 11/10/23. AMOUNT GIVEN: 150. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 15,900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: BANK AND MERCHANT FEES. AMOUNT: 343. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 325. DESCRIPTION: MARKETING AND ADVERTISING. AMOUNT: 1,401. TOTAL TO FORM 990-EZ, LINE 16: 2,069.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALINA HERNANDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06512144808
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ISAAC SCHUMAN FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ISAA
ReturnHeader/Filer/EIN0922458191
ReturnHeader/Filer/PhoneNum06512144808
ReturnHeader/Filer/USAddress/AddressLine1Txt01914 OAK GLEN DRIVE
ReturnHeader/Filer/USAddress/CityNm0STILLWATER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055082
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AKINS HENKE AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 INWOOD AVENUE NORTH SUITE 160
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAKDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055128
ReturnHeader/PreparerPersonGrp/PhoneNum06516363806
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRIS J HENKE
ReturnHeader/ReturnTs02024-09-23T09:51:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings