Sid Richardson Memorial Fund
EIN: 751220266 · Fort Worth, TX · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.1M |
| Net Assets | $13.9M |
Is Sid Richardson Memorial Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sid Richardson Memorial Fund
Sid Richardson Memorial Fund (EIN: 751220266) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code B82. The organization reported total revenue of $2.1M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sid Richardson Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sid Richardson Memorial Fund is a mid-size nonprofit that has been operating for 22 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 | $375K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-706,316 |
| Total Assets | $14.5M |
| Total Liabilities | $546K |
| Net Assets | $13.9M |
| Operating Margin | -188.3% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 160.7 months |
Financial Health Grade: B
In 2023, Sid Richardson Memorial Fund reported a deficit of $706K with expenses exceeding revenue, holds 160.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Sid Richardson Memorial Fund's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.7% | +1.7% | +3.7% |
| 2022 | -50.3% | +1.3% | -15.3% |
| 2021 | -41.9% | +48.9% | +11.9% |
| 2020 | +696.4% | +10.8% | +27.4% |
| 2019 | -22.8% | +22.1% | +40.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sid Richardson Memorial Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sid Richardson Memorial Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $706K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.8%.
Frequently Asked Questions about Sid Richardson Memorial Fund
Is Sid Richardson Memorial Fund a legitimate charity?
Sid Richardson Memorial Fund (EIN: 751220266) is a registered tax-exempt nonprofit based in Texas. It has 10 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: B.
How does Sid Richardson Memorial Fund spend its money?
Sid Richardson Memorial Fund reported $2.1M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sid Richardson Memorial Fund tax-deductible?
Sid Richardson Memorial Fund is registered as a tax-exempt nonprofit (EIN: 751220266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sid Richardson Memorial Fund located?
Sid Richardson Memorial Fund is headquartered in Fort Worth, Texas and files with the IRS under EIN 751220266. It is classified under NTEE code B82.
How many years of IRS 990 filings does Sid Richardson Memorial Fund have?
Sid Richardson Memorial Fund 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Sid Richardson Memorial Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sid Richardson Memorial Fund's revenue has grown by 12.4%, moving from $334K to $375K. Total assets increased by 132% over the same period, from $6.2M to $14.5M. Total functional expenses rose by 176.5%, from $391K to $1.1M. In its most recent filing year (2023), Sid Richardson Memorial Fund reported a deficit of $706K, with expenses exceeding revenue. The organization holds $546K in liabilities against $14.5M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $13.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $375K | $1.1M | $14.5M | $546K | — | — |
| 2022 | $979K | $1.1M | $14.0M | $556K | — | View 990 |
| 2021 | $2.0M | $1.0M | $16.5M | $569K | — | View 990 |
| 2020 | $3.4M | $705K | $14.7M | $394K | — | View 990 |
| 2019 | $426K | $636K | $11.6M | $365K | — | View 990 |
| 2015 | $551K | $521K | $8.2M | $285K | — | View 990 |
| 2014 | $315K | $486K | $8.8M | $273K | — | View 990 |
| 2013 | $469K | $483K | $8.6M | $254K | — | View 990 |
| 2012 | $241K | $411K | $6.9M | $191K | — | View 990 |
| 2011 | $334K | $391K | $6.2M | $209K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $375K, expenses of $1.1M, and assets of $14.5M (revenue -61.7% year-over-year).
- 2022: Revenue of $979K, expenses of $1.1M, and assets of $14.0M (revenue -50.3% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.0M, and assets of $16.5M (revenue -41.9% year-over-year).
- 2020: Revenue of $3.4M, expenses of $705K, and assets of $14.7M (revenue +696.4% year-over-year).
- 2019: Revenue of $426K, expenses of $636K, and assets of $11.6M (revenue -22.8% year-over-year).
- 2015: Revenue of $551K, expenses of $521K, and assets of $8.2M (revenue +74.7% year-over-year).
- 2014: Revenue of $315K, expenses of $486K, and assets of $8.8M (revenue -32.7% year-over-year).
- 2013: Revenue of $469K, expenses of $483K, and assets of $8.6M (revenue +94.1% year-over-year).
- 2012: Revenue of $241K, expenses of $411K, and assets of $6.9M (revenue -27.6% year-over-year).
- 2011: Revenue of $334K, expenses of $391K, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sid Richardson Memorial Fund:
Data Sources and Methodology
This transparency report for Sid Richardson Memorial Fund 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.