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
Spidell Foundation Financial Summary
MetricValue
Total Revenue$233K
Total Expenses$14K
Program Spending90%
Net Assets$655K
Transparency Score90/100

Search Intent Cockpit

Spidell Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Spidell Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Spidell Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $24K and expenses of $14K.

Revenue and Expenses

Spidell Foundation reported $24K in revenue and $14K in expenses, a surplus of $11K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Spidell Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Spidell Foundation Expense Deployment
Program services$12K (90%)

Across stored filings, Spidell Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Spidell Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with International Midwife Assistance IncColorado and Philanthropy context

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Spidell Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

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.

Organization Overview

20Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Spidell Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$24K
Total Expenses$14K
Surplus / Deficit+$11K
Total Assets$655K
Total Liabilities$1
Net Assets$655K
Operating Margin43.2%
Debt-to-Asset Ratio0.0%
Months of Reserves568.2 months

Financial Health Grade: A

In 2023, Spidell Foundation reported a surplus of $11K with revenue exceeding expenses, holds 568.2 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), Spidell Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-56.7%-38.9%-2.1%
2022-46.1%-25.4%-2.4%
2021+86.4%+11.7%+28.9%
2020+30.0%-1.5%+1.7%
2019-73.2%+50.8%+52.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$24KTotal Revenue
$14KTotal Expenses
$655KTotal Assets
$1Total Liabilities
$655KNet Assets
  • The organization reported a surplus of $11K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

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 legitimate charity?

Spidell Foundation (EIN: 204895021) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $233K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Spidell Foundation spend its money?

Spidell Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Spidell Foundation tax-deductible?

Spidell Foundation is registered as a tax-exempt nonprofit (EIN: 204895021). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Spidell Foundation compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Spidell Foundation is above average for NTEE category T200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Spidell Foundation located?

Spidell Foundation is headquartered in Monument, Colorado and files with the IRS under EIN 204895021. It is classified under NTEE code T200.

How many years of IRS 990 filings does Spidell Foundation have?

Spidell 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 $233K in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer 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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Spidell Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

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