Schmieding Foundation Term
- Assets
- $20.5m
- Revenue
- $1.9m
- Investments
- $12.8m
- Employees
- 0
- Location
- Springdale, AR
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 23-7262279
Organization Overview
Schmieding Foundation Term is located in Springdale, AR. The organization was established in 1999. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schmieding Foundation Term is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Schmieding Foundation Term generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.9%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Schmieding Foundation Term has awarded 109 individual grants totaling $3,863,302. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance Taylor President | 40 | $283,437 | |
Gilda Underwood Vice-President/sec | 40 | $159,733 | |
Robert D Rokeby Director | 1 | $3,000 | |
Erin English Director | 1 | $3,000 | |
Pamela S English Director | 1 | $3,000 | |
Darin Montgomery Director | 1 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,526 |
| Dividends & Interest | $356,067 |
| Net Rental Income | $228,454 |
| Net Gain on Sale of Assets | $1,050,769 |
| Capital Gain Net Income | $1,050,769 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23 |
| Total Revenue | $1,907,097 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $458,170 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $24,960 |
| Interest | $0 |
| Taxes | $76,407 |
| Depreciation | $118,348 |
| Occupancy | $30,436 |
| Travel, conferences, and meetings | $1,116 |
| Printing and publications | $0 |
| Other expenses | $128,065 |
| Total operating and administrative expenses | $1,001,401 |
| Contributions, gifts, grants paid | $2,058,335 |
| Total expenses and disbursements | $3,059,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$3 |
| Savings and temporary cash investments | $2,451,019 |
| Net Accounts receivable | -$3,600 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $3,126,615 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,154,441 |
| Total assets | $20,489,338 |
| Accounts payable and accrued expenses | $22,299 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,299 |
Grants Awarded
Over the last fiscal year, Schmieding Foundation Term has awarded $2,058,335 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS CHILDREN'S HOSPITAL FOUNDATION PURPOSE: VARIOUS | $350,000 |
MERCY HEALTH FOUNDATION - NORTHWEST ARKANSAS PURPOSE: VARIOUS | $252,000 |
Springdale, AR PURPOSE: VARIOUS | $250,000 |
AGING PARTNERS CITY OF LINCOLN PURPOSE: VARIOUS | $168,420 |
UAMS FOUNDATION FUND PURPOSE: VARIOUS | $153,750 |
Little Rock, AR PURPOSE: VARIOUS | $115,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunbeam Family Services Inc Oklahoma City, OK | $29,685,111 | $20,512,660 |
Gulf Coast Teaching Family Services Incorporated Metairie, LA | $8,813,901 | $14,214,700 |
Academie Lafayette Kansas City, MO | $17,489,585 | $15,520,106 |
Epworth Children & Family Services Inc Saint Louis, MO | $25,361,313 | $12,399,724 |
Family Resource Agency Inc Cleveland, TN | $1,737,951 | $12,329,517 |
Agape Child And Family Services Inc Memphis, TN | $4,822,758 | $10,716,983 |
Community Action Partnership Of Greater St Joseph St Joseph, MO | $9,745,975 | $10,171,417 |
Family And Childrens Service Nashville, TN | $12,864,767 | $8,385,396 |
St Louis Counseling Inc Fenton, MO | $2,078,905 | $5,410,613 |
Family Service Center At Houston And Harris County Houston, TX | $4,044,292 | $5,375,449 |
Exchange Club-Carl Perkins Center For The Prevention Of Child Abuse Jackson, TN | $7,537,122 | $5,962,731 |
The Family Resource Center Of North Mississippi Inc Tupelo, MS | $1,328,351 | $3,907,789 |