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Nonprofit · EIN 92-2458191

ISAAC SCHUMAN FOUNDATION

Tax-exempt · STILLWATER, MN 55082

Financials

$68K$19K2023$34K$18K2024
Revenue Expenses · by fiscal year end
Financials of ISAAC SCHUMAN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$34,456$17,767$16,689$65,840$0$65,840
December 31, 2023990-EZ$68,470$19,319$49,151$49,151$0$49,151
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$45,198
Net income from fundraising events
-$9,172
Net income from sales of inventory
-$1,572
Other revenue
$2

Expenses

Grants and similar amounts paid
$9,834
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$3,898
Printing, publications and postage
$575
Other expenses
$3,460
Program services (functional)
$9,834

Balance sheet and other

Total assets, start of year
$49,151
Total assets, end of year
$65,840
Total liabilities, end of year
$0
Net assets, end of year
$65,840
Cash, savings and investments
$65,840
Gross receipts
$57,879

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ALINA HERNANDEZBOARD MEMBER, EXECUTIVE DIRECTOR10$0
MAE REHERVICE PRESIDENT5$0
ANITA GUNDERSONSECRETARY10$0
990-EZ for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
ALINA HERNANDEZBOARD MEMBER, EXECUTIVE DIRECTOR10$0

Address and contacts

Address (IRS master file)
1914 OAK GLEN DR, STILLWATER, MN 55082-9602
Signed the 990-EZ
ALINA HERNANDEZ, EXECUTIVE DIRECTOR
Phone
(651) 214-4808
Return prepared by
AKINS HENKE AND COMPANY

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.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • OUR FOUNDATION HONORS ISAAC'S LEGACY, HELPING OTHERS DO WHAT HE COULD ONLY DREAM, BY PROVIDING SCHOLARSHIPS TO MOTIVATED YOUTH. DURING 2024, 5 INDIVIDUALS RECEIVED SCHOLARSHIPS FROM THE FOUNDATION TO HELP PAY FOR THEIR COLLEGE TUITION AND SUPPLIES.
    Expenses $9,834 · grants $9,834

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
92-2458191
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$65,840
Income (IRS master file)
$57,879

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$34,456$17,767$65,840IRS
990-EZDecember 2023$68,470$19,319$49,151XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-2458191).

Questions about ISAAC SCHUMAN FOUNDATION

What is the EIN of ISAAC SCHUMAN FOUNDATION?
The employer identification number (EIN) of ISAAC SCHUMAN FOUNDATION is 92-2458191.
Is ISAAC SCHUMAN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to ISAAC SCHUMAN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ISAAC SCHUMAN FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ISAAC SCHUMAN FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ISAAC SCHUMAN FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of ISAAC SCHUMAN FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does ISAAC SCHUMAN FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $34,456, expenses of $17,767 and total assets of $65,840 at year end.

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