Nonprofit screen
Screen a listSchmitt Island Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$1.3Mrevenue
FY2025 · +91% in 3 yrs4 of 4years filed
’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−7.1%
Months of reserve2.6mo
Revenue growth (annualized)+24.1%
Middle half of peersMedianSchmitt Island Development
Where the money goes FY2025 · $1.4M spent
Programs$1.3M93%Management and general$103k7%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$121k in FY2024 and −$94k in FY2025. Cash covers 2.6 months, under the peer median of 5.8.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 24% a year since FY2022, faster than half of similar nonprofits.
990 Part I · peer cohort1funder
$5.2Ma year, last 2 years
100%from its largest funder
Funder’22’23Dubuque Racing Association LtdEvery year since FY2022$4.9M$5.4M
Funded