The Deeann Flores Schertz Foundation
- Assets
- $2.9m
- Revenue
- $64.3k
- Investments
- $2.8m
- Employees
- 0
- Location
- Gilbert, AZ
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 81-5192556
Organization Overview
The Deeann Flores Schertz Foundation is located in Gilbert, AZ. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deeann Flores Schertz Foundation 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 12/2022, Deeann Flores Schertz Foundation generated $64.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (66.8%) each year. All expenses for the organization totaled $146.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Deeann Flores Schertz Foundation has awarded 50 individual grants totaling $269,570. 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 |
|---|---|---|---|
Clifton Schertz President/director | 0 | $0 | |
Tabitha Ann Schmaltz CFO | 0 | $0 | |
Heather Renee Schertz Assistant Vice President | 0 | $0 | |
Catherine Eirene Saleck Assistant Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $83,736 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$19,441 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,981 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28 |
| Total operating and administrative expenses | $37,203 |
| Contributions, gifts, grants paid | $109,560 |
| Total expenses and disbursements | $146,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,525 |
| Savings and temporary cash investments | $25,921 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,763,668 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,069 |
| Total assets | $2,856,183 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Deeann Flores Schertz Foundation has awarded $109,560 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CHILD CRISIS ARIZONA PURPOSE: GENERAL FUND | $6,000 |
COOLEY PTO PURPOSE: GENERAL FUNDS | $2,500 |
CROSSROADS INC PURPOSE: GENERAL FUND | $5,000 |
FEED MY STARVING CHILDREN PURPOSE: GENERAL FUND | $2,500 |
GENERATION CHURCH PURPOSE: GENERAL FUND | $5,000 |
GILBERT AMERICAN LITTLE LEAGUE PURPOSE: GENERAL FUNDS | $2,500 |