Daniel & Louise M Shipman Charity Fund
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Daniel & Louise M Shipman Charity Fund is a 501(c)(92) organization based in Dallas, Texas, registered in 1900, with $464,661 in FY2023 revenue. CharityIndex grades it D.
Po Box 653067, Dallas, TX, 75265 EIN 36-6038534 Since 1900
Revenue (FY2023)
$465K
▲ 234.6% vs prior year
Expenses (FY2023)
$635K
Net assets
$13.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Daniel & Louise M Shipman Charity Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating257 mo reserves · -37% 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 Daniel & Louise M Shipman Charity Fund: 257 mo reserves · -37% margin earns a D 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 Daniel & Louise M Shipman Charity Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Daniel & Louise M Shipman Charity Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $560K (FY2014) to $465K (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $13.6M
Operating margin
-36.6%
Spent more than it raised in the latest fiscal year.
Total assets
$13.6M
Total liabilities
$0
Net assets
$13.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $464,661▲235% | $634,830▼27.7% | $13,576,692▼0.3% | $13,576,692▼0.3% | 990PF |
| 2022 | -$345,250▼112% | $877,709▼15.1% | $13,612,558▼8.3% | $13,612,558▼8.3% | 990PF |
| 2021 | $2,979,203▲234% | $1,034,211▲41.6% | $14,836,668▲3.7% | $14,836,668▲3.7% | 990PF |
| 2020 | $890,743▲11.3% | $730,391▼1.3% | $14,300,414▲14.4% | $14,300,414▲14.4% | 990PF |
| 2019 | $800,451▲28.0% | $740,151▼9.0% | $12,503,273▼2.0% | $12,503,273▼2.0% | 990PF |
| 2018 | $625,323▼34.0% | $813,329▲12.8% | $12,760,219▼2.8% | $12,760,219▼2.8% | 990PF |
| 2017 | $947,757▲37.4% | $720,721▲11.5% | $13,129,154▲3.3% | $13,129,154▲3.3% | 990PF |
| 2016 | $689,998▼49.8% | $646,355▼11.1% | $12,713,634▲0.8% | $12,713,634▲0.8% | 990PF |
| 2015 | $1,374,059▲145% | $726,887▼0.6% | $12,616,263▲4.7% | $12,616,263▲4.7% | 990PF |
| 2014 | $560,357 | $731,057 | $12,044,546 | $12,044,546 | 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 Daniel & Louise M Shipman Charity Fund a legitimate nonprofit?
- Yes. Daniel & Louise M Shipman Charity Fund is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 36-6038534, based in Dallas, Texas.
- What is Daniel & Louise M Shipman Charity Fund's EIN?
- Daniel & Louise M Shipman Charity Fund's Employer Identification Number (EIN) is 36-6038534.
- How much revenue does Daniel & Louise M Shipman Charity Fund report?
- Daniel & Louise M Shipman Charity Fund reported $464,661 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Daniel & Louise M Shipman Charity Fund have?
- CharityIndex grades Daniel & Louise M Shipman Charity Fund D, based on financial health (reserves and operating margin).
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Data for Daniel & Louise M Shipman Charity Fund (EIN 36-6038534) 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.