Schmuecker Renewable Energy System Inc

Nonprofit profile at a glance

EIN
814827831
IRS 990-EZ coverage
2017–2020
Forms available
Form 990-EZ 2020
Location
Blairstown, IA, USA
Phone
8185233145
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Energy Resources Conservation and Development

Official website

Reported finances

Revenue
$36,657
Expenses
$11,867
Assets
$36,333
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JAY SCHMUECKER (PRESIDENT/TREASURER)
  • DAVID L TOYNE (VICE PRESIDENT)

People named in this filing

  • TIM ARNOLD (DIRECTOR)
  • WILLIAM AYRES (DIRECTOR)
  • THOMAS R HURD (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is organized to update and maintain a solar-hydrogen system aimed at developing energy alternatives to fossil fuels used in farming operations.

What it reported doing in 2020

Maintenance, development, and display of a solar-hydrogensystem that generates hydrogen and ammonia to fuel a farmtractor and for use as a corn fertilizer.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 100
  • Sustainability: 79
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.4%; rating input score 32
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 67.6%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 3.06; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -33.7% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -26.9% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: 44% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 32.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2017 to 2020
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.