Abe & Annie Seibel Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Abe & Annie Seibel Foundation is a 501(c)(3) organization based in Galveston, Texas, registered in 1961, with $6,882,141 in FY2024 revenue. CharityIndex grades it B.
2201 Market Street 3rd Floor, Galveston, TX, 77550 EIN 74-6035556 Since 1961
Revenue (FY2024)
$6.9M
▲ 5.0% vs prior year
Expenses (FY2024)
$6.0M
Net assets
$36.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Abe & Annie Seibel Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating72 mo reserves · +13% margin
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 Abe & Annie Seibel Foundation: 72 mo reserves · +13% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Abe & Annie Seibel Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Abe & Annie Seibel Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $7.0M (FY2013) to $6.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $632Net assets $36.1M
Operating margin
12.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36.1M
Total liabilities
$632
Net assets
$36.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,882,141▲5.0% | $5,997,409▼3.7% | $36,120,266▲2.5% | $36,120,898▲2.5% | 990PF |
| 2023 | $6,557,230▼33.8% | $6,225,191▼4.9% | $35,235,534▲1.0% | $35,235,534▲1.0% | 990PF |
| 2022 | $9,903,333▲139% | $6,549,249▼2.4% | $34,903,495▲10.6% | $34,903,495▲10.6% | 990PF |
| 2021 | $4,142,113▼40.0% | $6,711,102▲2.4% | $31,549,411▼7.5% | $31,549,411▼7.5% | 990PF |
| 2020 | $6,899,326▲37.4% | $6,551,672▼1.9% | $34,118,400▲1.0% | $34,118,400▲1.0% | 990PF |
| 2019 | $5,022,007▼19.6% | $6,681,259▲2.8% | $33,770,746▼4.7% | $33,770,746▼4.7% | 990PF |
| 2018 | $6,247,287▼11.3% | $6,497,065▲4.7% | $35,429,998▼0.7% | $35,429,998▼0.7% | 990PF |
| 2017 | $7,039,921▲605% | $6,206,839▼0.5% | $35,679,776▲2.4% | $35,679,776▲2.4% | 990PF |
| 2016 | $998,491▼84.8% | $6,235,018▲6.3% | $34,846,694▼13.1% | $34,846,694▼13.1% | 990PF |
| 2015 | $6,572,156▼20.8% | $5,864,792▼7.9% | $40,083,221▲1.8% | $40,083,221▲1.8% | 990PF |
| 2014 | $8,293,189▲17.8% | $6,367,999▲11.6% | $39,375,857▲5.1% | $39,375,857▲5.1% | 990PF |
| 2013 | $7,040,345 | $5,708,602▲10.3% | $37,450,667▲3.7% | $37,450,667▲3.7% | 990PF |
| 2012 | — | $5,177,422▼10.3% | $36,118,924▼1.5% | $36,118,924▼1.5% | 990PF |
| 2011 | — | $5,774,994 | $36,684,049 | $36,684,049 | 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.
Frequently asked questions
- Is Abe & Annie Seibel Foundation a legitimate nonprofit?
- Yes. Abe & Annie Seibel Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-6035556, based in Galveston, Texas. Donations are tax-deductible.
- What is Abe & Annie Seibel Foundation's EIN?
- Abe & Annie Seibel Foundation's Employer Identification Number (EIN) is 74-6035556.
- How much revenue does Abe & Annie Seibel Foundation report?
- Abe & Annie Seibel Foundation reported $6,882,141 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Abe & Annie Seibel Foundation have?
- CharityIndex grades Abe & Annie Seibel Foundation B, based on financial health (reserves and operating margin).
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Data for Abe & Annie Seibel Foundation (EIN 74-6035556) 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.