Eight & Forty Foundation is a 501(c)(3) organization based in Lake Dallas, Texas, registered in 2015, with $10,709 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$11K
▼ 32.4% vs prior year
Health median: $840K
Expenses (FY2024)
$4,378
Net assets
$94K
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 Eight & Forty Foundation— 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 Eight & Forty Foundation: 258 mo reserves · +59% margin earns a B+ 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 Eight & Forty Foundation— 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 Eight & Forty Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $13K (FY2018) to $11K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
59.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$94K
Net assets
$94K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,709▼32.4% | $4,378▲57.7% | $94,067▲7.2% | $94,067▲7.2% | 990EZ |
| 2023 | $15,842▲162% | $2,777▲14.5% | $87,736▲17.5% | $87,736▲17.5% | 990EZ |
| 2022 | $6,058▼2.4% | $2,425▲45.8% | $74,671▲5.1% | $74,671▲5.1% | 990EZ |
| 2021 | $6,209▼12.6% | $1,663▼51.1% | $71,039▲6.8% | $71,039▲6.8% | 990EZ |
| 2020 | $7,107▼69.4% | $3,400▼83.1% | $66,493▲9.1% | $66,493▲9.1% | 990EZ |
| 2019 | $23,205▲80.1% | $20,160▲906% | $60,926▲5.3% | $60,926▲5.3% | 990EZ |
| 2018 | $12,887 | $2,003 | $57,880 | $57,880 | 990EZ |
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 Eight & Forty Foundation (EIN 47-2610526) 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.