Spidell Foundation

Spidell Foundation shows consistent asset growth and low expenses with zero officer compensation.

EIN: 204895021 · Monument, CO · NTEE: T200 · Updated: 2026-03-28

$233KRevenue

$985KAssets

90/100Mission Score (Excellent)

T200

About Spidell Foundation

Spidell Foundation (EIN: 204895021) is a nonprofit organization based in Monument, CO, classified under NTEE code T200. The organization reported total revenue of $233K and total assets of $985K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spidell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Spidell Foundation demonstrates consistent financial stability with growing assets over the past decade, from $176,409 in 2011 to $985,407 currently. The organization's revenue has fluctuated, with a notable peak of $160,554 in 2015 and a current revenue of $233,464, indicating a strong recent financial period. Expenses have remained relatively low compared to revenue, suggesting efficient operations or a focus on asset accumulation.

Spending efficiency appears strong, as evidenced by the low expense ratios in most years. For example, in 2023, expenses were $13,835 against $24,341 in revenue, and in 2022, $22,635 against $56,153. This indicates that a significant portion of incoming funds is either retained or directly applied to program services, rather than being consumed by overhead. The consistent reporting of zero officer compensation further enhances the perception of efficiency and dedication to the mission.

Transparency is high, with a clear history of 10 IRS 990 filings and consistent reporting of key financial metrics. The absence of liabilities across all reported periods (except for a nominal $1 in recent years) is a positive indicator of sound financial management. The organization's NTEE code T200 (Private Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves distributing funds to other nonprofits, making the low expenses understandable as direct program costs would be grants.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Spidell Foundation with a Mission Score of 90 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: 90%
fundraising: 0%

According to IRS 990 filings, Spidell Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly favorable for a nonprofit of its size.

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.

Strengths

The following positive indicators were identified for Spidell Foundation:

Consistent asset growth from $176,409 in 2011 to $985,407 currently.
Extremely low expense ratio relative to revenue in most years (e.g., 2023 expenses $13,835 vs. revenue $24,341).
Zero reported officer compensation across all available filings, indicating high dedication or volunteer leadership.
No significant liabilities reported, demonstrating strong financial health and management.
Clear and consistent IRS 990 filing history over 10 periods, indicating high transparency.

Frequently Asked Questions about Spidell Foundation

Is Spidell Foundation a good charity?

Based on the available data, Spidell Foundation appears to be a very good charity, especially for those who value low overhead and strong financial stewardship. Its consistent asset growth, minimal expenses relative to revenue, and zero reported officer compensation are strong positive indicators.

How does Spidell Foundation manage its expenses?

The Spidell Foundation manages its expenses very efficiently. For instance, in 2023, expenses were only $13,835 against $24,341 in revenue, and in 2022, $22,635 against $56,153. This suggests a lean operational model, likely due to its nature as a private grantmaking foundation where direct program costs are grants to other entities.

What is the trend in Spidell Foundation's assets?

The Spidell Foundation has shown a strong and consistent upward trend in its assets, growing from $176,409 in 2011 to $985,407 currently. This indicates excellent financial management and a growing endowment or capital base.

Filing History

IRS 990 filing history for Spidell Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Spidell Foundation's revenue has grown by 15.9%, moving from $21K to $24K. Total assets increased by 271.3% over the same period, from $176K to $655K. Total functional expenses rose by 33.1%, from $10K to $14K. In its most recent filing year (2023), Spidell Foundation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1 in liabilities against $655K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $655K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$24K	$14K	$655K	$1	—	View 990
2022	$56K	$23K	$669K	$1	—	View 990
2021	$104K	$30K	$685K	$1	—	View 990
2020	$56K	$27K	$532K	$1	—	View 990
2019	$43K	$28K	$523K	$1	—	View 990
2015	$161K	$18K	$342K	$0	—	View 990
2014	$25K	$13K	$227K	$0	—	View 990
2013	$18K	$12K	$205K	$0	—	View 990
2012	$16K	$11K	$190K	$0	—	View 990
2011	$21K	$10K	$176K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $24K, expenses of $14K, and assets of $655K (revenue -56.7% year-over-year).
2022: Revenue of $56K, expenses of $23K, and assets of $669K (revenue -46.1% year-over-year).
2021: Revenue of $104K, expenses of $30K, and assets of $685K (revenue +86.4% year-over-year).
2020: Revenue of $56K, expenses of $27K, and assets of $532K (revenue +30.0% year-over-year).
2019: Revenue of $43K, expenses of $28K, and assets of $523K (revenue -73.2% year-over-year).
2015: Revenue of $161K, expenses of $18K, and assets of $342K (revenue +547.2% year-over-year).
2014: Revenue of $25K, expenses of $13K, and assets of $227K (revenue +39.2% year-over-year).
2013: Revenue of $18K, expenses of $12K, and assets of $205K (revenue +8.8% year-over-year).
2012: Revenue of $16K, expenses of $11K, and assets of $190K (revenue -22.0% year-over-year).
2011: Revenue of $21K, expenses of $10K, and assets of $176K.

Data Sources and Methodology

This transparency report for Spidell 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.