A I and Manet Schepps Foundation Inc is a 501(c)(3) organization based in Bellaire, Texas, registered in 1962, with $394,121 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$394K
▲ 359.1% vs prior year
Expenses (FY2024)
$573K
Net assets
$6.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A I and Manet Schepps Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A I and Manet Schepps Foundation Inc: 127 mo reserves · -45% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A I and Manet Schepps Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A I and Manet Schepps Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.8M (FY2013) to $394K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-45.4%
Spent more than it raised in the latest fiscal year.
Total assets
$6.1M
Total liabilities
$3,503
Net assets
$6.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $394,121▲359% | $572,897▲30.1% | $6,063,804▼3.2% | $6,067,307▼3.4% | 990PF |
| 2023 | $85,852▲243% | $440,222▼21.7% | $6,266,381▼9.0% | $6,283,025▼8.9% | 990PF |
| 2022 | -$60,014▼105% | $562,559▲44.8% | $6,888,011▼1.5% | $6,894,946▼1.6% | 990PF |
| 2021 | $1,274,128▲86.4% | $388,536▼13.1% | $6,994,593▲12.2% | $7,004,661▲12.3% | 990PF |
| 2020 | $683,439▲131% | $447,313▼9.1% | $6,234,897▲2.9% | $6,236,920▲2.9% | 990PF |
| 2019 | $295,266▼38.9% | $492,191▲17.3% | $6,058,384▼3.0% | $6,060,680▼3.0% | 990PF |
| 2018 | $483,242▼39.4% | $419,564▼4.0% | $6,245,955▲1.0% | $6,248,251▲1.0% | 990PF |
| 2017 | $798,028▲618% | $437,047▼13.6% | $6,182,277▲8.1% | $6,184,563▲8.1% | 990PF |
| 2016 | $111,208▼93.8% | $506,092▼2.1% | $5,720,618▼7.9% | $5,722,149▼7.9% | 990PF |
| 2013 | $1,797,903 | $517,011▲23.3% | $6,211,936▲9.4% | $6,213,467▲9.4% | 990PF |
| 2011 | — | $419,357▼37.5% | $5,675,963▼0.5% | $5,677,221▼0.6% | 990PF |
| 2010 | — | $670,904 | $5,707,249 | $5,708,627 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A I and Manet Schepps Foundation Inc (EIN 74-6050262) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.