G N Spencer Foundation 1 Nect
501(c)(92)
Only null% goes to programs Strong reserves
G N Spencer Foundation 1 Nect is a 501(c)(92) organization based in Dallas, Texas, registered in 1970, with $18,092 in FY2025 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 42-6052928 Since 1970
Revenue (FY2025)
$18K
▲ 10.7% vs prior year
Expenses (FY2025)
$15K
Net assets
$164K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 G N Spencer Foundation 1 Nect— 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 rating134 mo reserves · +19% 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 G N Spencer Foundation 1 Nect: 134 mo reserves · +19% 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 G N Spencer Foundation 1 Nect— 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 G N Spencer Foundation 1 Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $5,323 (FY2014) to $18K (FY2025) across 12 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $164K
Operating margin
18.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$164K
Total liabilities
$0
Net assets
$164K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $18,092▲10.7% | $14,737▲26.0% | $164,498▲2.1% | $164,498▲2.1% | 990PF |
| 2024 | $16,347▲204% | $11,695▲15.1% | $161,192▲2.9% | $161,192▲2.9% | 990PF |
| 2023 | $5,384▲225% | $10,161▼27.2% | $156,703▼3.0% | $156,703▼3.0% | 990PF |
| 2022 | -$4,299▼111% | $13,949▲16.1% | $161,535▼10.1% | $161,535▼10.1% | 990PF |
| 2021 | $37,931▲198% | $12,014▲0.8% | $179,769▲17.0% | $179,769▲17.0% | 990PF |
| 2020 | $12,713▲29.3% | $11,921▲16.0% | $153,658▲0.5% | $153,658▲0.5% | 990PF |
| 2019 | $9,830▼28.1% | $10,273▼8.4% | $152,868▼0.9% | $152,868▼0.9% | 990PF |
| 2018 | $13,672▼9.7% | $11,218▲13.4% | $154,316▲1.8% | $154,316▲1.8% | 990PF |
| 2017 | $15,146▲2420% | $9,895▼0.9% | $151,594▲2.3% | $151,594▲2.3% | 990PF |
| 2016 | $601▼90.2% | $9,984▼3.9% | $148,208▼6.7% | $148,208▼6.7% | 990PF |
| 2015 | $6,161▲15.7% | $10,387▼3.8% | $158,795▼2.9% | $158,795▼2.9% | 990PF |
| 2014 | $5,323 | $10,799 | $163,536 | $163,536 | 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 G N Spencer Foundation 1 Nect a legitimate nonprofit?
- Yes. G N Spencer Foundation 1 Nect is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 42-6052928, based in Dallas, Texas.
- What is G N Spencer Foundation 1 Nect's EIN?
- G N Spencer Foundation 1 Nect's Employer Identification Number (EIN) is 42-6052928.
- How much revenue does G N Spencer Foundation 1 Nect report?
- G N Spencer Foundation 1 Nect reported $18,092 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does G N Spencer Foundation 1 Nect have?
- CharityIndex grades G N Spencer Foundation 1 Nect C+, based on financial health (reserves and operating margin).
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Data for G N Spencer Foundation 1 Nect (EIN 42-6052928) 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.