C Spire Wireless Foundation
C Spire Wireless Foundation maintains stable operations with zero reported officer compensation.
EIN: 203426826 · Ridgeland, MS · NTEE: M20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $592K |
| Total Expenses | $585K |
| Program Spending | 85% |
| Net Assets | $688K |
| Transparency Score | 85/100 |
Is C Spire Wireless Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C Spire Wireless Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About C Spire Wireless Foundation
C Spire Wireless Foundation (EIN: 203426826) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code M20. The organization reported total revenue of $592K and total assets of $383K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C Spire Wireless Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C Spire Wireless Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $600K |
| Total Expenses | $585K |
| Surplus / Deficit | +$15K |
| Total Assets | $688K |
| Total Liabilities | $1 |
| Net Assets | $688K |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 14.1 months |
Financial Health Grade: A
In 2023, C Spire Wireless Foundation reported a surplus of $15K with revenue exceeding expenses, holds 14.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), C Spire Wireless Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +69.8% | +2.3% |
| 2022 | +23900.0% | -75.9% | +61.3% |
| 2021 | -99.8% | +175.7% | -77.4% |
| 2020 | -44.2% | -22.2% | +35.9% |
| 2019 | +195.8% | +17.4% | +2703.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates C Spire Wireless Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, C Spire Wireless Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the foundation. This is a strong positive for an organization of its size, suggesting a high dedication to mission over executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of C Spire Wireless Foundation's IRS 990 filings:
- Significant revenue volatility, particularly the sharp drop in 2021 to $2,500 while expenses were over $1.4 million, raises questions about funding consistency and financial planning.
Strengths
The following positive indicators were identified for C Spire Wireless Foundation:
- Consistent reporting of 0% officer compensation demonstrates a strong commitment to directing funds towards programmatic activities.
- Maintains a healthy balance sheet with minimal liabilities ($0 or $1) across all reported periods.
- Assets have shown consistent growth over the long term, from $21,354 in 2011 to $688,061 in 2023, indicating financial stability.
Frequently Asked Questions about C Spire Wireless Foundation
Is C Spire Wireless Foundation a legitimate charity?
C Spire Wireless Foundation (EIN: 203426826) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $592K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does C Spire Wireless Foundation spend its money?
C Spire Wireless Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to C Spire Wireless Foundation tax-deductible?
C Spire Wireless Foundation is registered as a tax-exempt nonprofit (EIN: 203426826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of C Spire Wireless Foundation's spending goes to programs?
C Spire Wireless Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does C Spire Wireless Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), C Spire Wireless Foundation is above average for NTEE category M20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is C Spire Wireless Foundation located?
C Spire Wireless Foundation is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 203426826. It is classified under NTEE code M20.
How many years of IRS 990 filings does C Spire Wireless Foundation have?
C Spire Wireless Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $592K in total revenue.
What are the specific program activities funded by the C Spire Wireless Foundation?
The NTEE code M20 indicates 'Philanthropy, Voluntarism, and Grantmaking Foundations', suggesting the foundation primarily provides grants or funding to other organizations. A detailed program description would clarify the specific causes or initiatives supported.
Why was there a significant drop in revenue in 2021 to $2,500 from over $1 million in prior years?
The 2021 filing shows a drastic decrease in revenue to $2,500, while expenses were $1,427,383. This significant disparity warrants further investigation to understand the cause of the revenue decline and how such high expenses were covered.
How does the foundation cover its expenses when revenue is significantly lower, as seen in 2021?
In 2021, with revenue of $2,500 and expenses of $1,427,383, the foundation likely utilized accumulated assets or received significant non-cash contributions not reflected in the revenue figure to cover its operational costs.
Filing History
IRS 990 filing history for C Spire Wireless Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), C Spire Wireless Foundation's revenue has grown by 12.4%, moving from $534K to $600K. Total assets increased by 3122.2% over the same period, from $21K to $688K. Total functional expenses rose by 9.5%, from $534K to $585K. In its most recent filing year (2023), C Spire Wireless Foundation reported a surplus of $15K, with revenue exceeding expenses. The organization holds $1 in liabilities against $688K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $688K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $600K | $585K | $688K | $1 | — | View 990 |
| 2022 | $600K | $344K | $673K | $1 | — | View 990 |
| 2021 | $3K | $1.4M | $417K | $1 | — | — |
| 2020 | $1.0M | $518K | $1.8M | $1 | — | — |
| 2019 | $1.8M | $666K | $1.4M | $0 | — | View 990 |
| 2015 | $609K | $567K | $48K | $0 | — | View 990 |
| 2014 | $559K | $670K | $7K | $0 | — | View 990 |
| 2013 | $604K | $595K | $118K | $0 | — | View 990 |
| 2012 | $744K | $656K | $109K | $0 | — | View 990 |
| 2011 | $534K | $534K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $600K, expenses of $585K, and assets of $688K (revenue +0.0% year-over-year).
- 2022: Revenue of $600K, expenses of $344K, and assets of $673K (revenue +23900.0% year-over-year).
- 2021: Revenue of $3K, expenses of $1.4M, and assets of $417K (revenue -99.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $518K, and assets of $1.8M (revenue -44.2% year-over-year).
- 2019: Revenue of $1.8M, expenses of $666K, and assets of $1.4M (revenue +195.8% year-over-year).
- 2015: Revenue of $609K, expenses of $567K, and assets of $48K (revenue +8.9% year-over-year).
- 2014: Revenue of $559K, expenses of $670K, and assets of $7K (revenue -7.4% year-over-year).
- 2013: Revenue of $604K, expenses of $595K, and assets of $118K (revenue -18.9% year-over-year).
- 2012: Revenue of $744K, expenses of $656K, and assets of $109K (revenue +39.3% year-over-year).
- 2011: Revenue of $534K, expenses of $534K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C Spire Wireless Foundation:
Data Sources and Methodology
This transparency report for C Spire Wireless Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.