Shuman Foundation Inc
Nonprofit profile at a glance
- EIN
- 851389922
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Tampa, FL, USA
- Phone
- 8132103169
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nonprofit Management
Reported finances
- Revenue
- $57,771
- Expenses
- $98,398
- Assets
- $67,608
- Liabilities
- $106,092
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- DARLENE SHUMAN (President)
People named in this filing
- DARLENE SHUMAN (President)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The shuman foundation is dedicated to conservation and enhancing the natural resources and fishing habitats in the tampa bay area.
What it reported doing in 2024
The shuman foundation participated in the clams for clean water iniative. Bivalves were planted in pilot sites in key areas of tampa bay. The sites were monitored and steps were taken to improve shellfish restoration as well as improving the ecosystem health including water quality and habitat improvement.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 92% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 82
- Sustainability: 23
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 86.3%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -70.3%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 1.57; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 86.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $85K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
- High — Sustainability: Operating margin scored 10/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.