CSCharityScored
66

Schermco Foundation Inc

Education · Charlotte, North Carolina

809 Westmere Ave Ste C # 146, Charlotte, NC 28208-5343

EIN: 853967606· Founded: Feb 2021· 5 years active· Filing Year: 2023

Annual Revenue

$246K

Total Expenses

$160K

Total Assets

$286K

Program Spending

70%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$56K

Total Payroll

$56K

35% of total expenses

Where the Money Goes

70%
Programs: 70%
Payroll: 35%
Other overhead: 30%
Program Revenue$112K (46%)
Total Expenses$160K (65%)
Payroll$56K (35%)
Overhead (non-program)30%

Trust Score Breakdown

Program Spending Ratio

70% of expenses go to programs

40%

Revenue & Stability

$246K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$286K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.