Kathleen C Spicer Scholarship Fund is a 501(c)(3) organization based in Richardson, Texas, registered in 1982, with $46,988 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$47K
▼ 87.3% vs prior year
Expenses (FY2024)
$81K
Net assets
$1.0M
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 Kathleen C Spicer Scholarship Fund— 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 Kathleen C Spicer Scholarship Fund: 155 mo reserves · -71% margin earns a F 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 Kathleen C Spicer Scholarship Fund— 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 Kathleen C Spicer Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3,702 (FY2014) to $47K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-71.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $46,988▼87.3% | $80,533▲27.3% | $1,037,841▼3.1% | $1,037,841▼3.1% | 990PF |
| 2023 | $370,889▲925% | $63,241▲3.3% | $1,070,983▲42.4% | $1,070,983▲42.4% | 990PF |
| 2022 | $36,178▼20.6% | $61,243▼8.4% | $752,076▼3.2% | $752,076▼3.2% | 990PF |
| 2021 | $45,544▲31.6% | $66,894▲21.7% | $777,149▼2.7% | $777,149▼2.7% | 990PF |
| 2020 | $34,610▼46.0% | $54,978▲27.5% | $798,498▼2.5% | $798,498▼2.5% | 990PF |
| 2019 | $64,136▲196% | $43,129▲12.5% | $818,866▲0.8% | $818,866▲0.8% | 990PF |
| 2017 | $21,648▲17.7% | $38,349▼19.3% | $812,237▼2.1% | $812,237▼2.1% | 990PF |
| 2016 | $18,386▲21.8% | $47,539▼22.6% | $829,274▼3.8% | $829,274▼3.8% | 990PF |
| 2015 | $15,096▲308% | $61,387▲9.0% | $862,139▼4.4% | $862,139▼4.4% | 990PF |
| 2014 | $3,702 | $56,293 | $902,144 | $902,144 | 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 Kathleen C Spicer Scholarship Fund (EIN 58-1448686) 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.