L R Sharp Jr Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
L R Sharp Jr Foundation is a 501(c)(3) organization based in Richardson, Texas, registered in 1988, with $857 in FY2024 revenue. CharityIndex grades it C.
2313 Custer Plz, Richardson, TX, 75080 EIN 75-2197579 Since 1988
Revenue (FY2024)
$857
▲ 304.2% vs prior year
Expenses (FY2024)
$1,000
Net assets
$30K
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 L R Sharp Jr Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating357 mo reserves · -17% 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 L R Sharp Jr Foundation: 357 mo reserves · -17% margin earns a C+ 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 L R Sharp Jr Foundation— 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 L R Sharp Jr Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2313 Custer Plz, Richardson, TX, 75080
- City
- Richardson
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $1,207 (FY2020) to $857 (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3,186Net assets $30K
Operating margin
-16.7%
Spent more than it raised in the latest fiscal year.
Total assets
$33K
Total liabilities
$3,186
Net assets
$30K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $857▲304% | $1,000 | $29,766▼0.5% | $32,952▼0.4% | 990PF |
| 2023 | $212▼73.8% | $1,000 | $29,909▲5.7% | $33,095▲6.3% | 990PF |
| 2022 | $809▲39.5% | $1,000▼34.4% | $28,307▼0.7% | $31,124▲2.7% | 990PF |
| 2021 | $580▼51.9% | $1,525▲22.0% | $28,506▼1.6% | $30,306▼1.5% | 990PF |
| 2020 | $1,207 | $1,250 | $28,960 | $30,760 | 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 L R Sharp Jr Foundation a legitimate nonprofit?
- Yes. L R Sharp Jr Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2197579, based in Richardson, Texas. Donations are tax-deductible.
- What is L R Sharp Jr Foundation's EIN?
- L R Sharp Jr Foundation's Employer Identification Number (EIN) is 75-2197579.
- How much revenue does L R Sharp Jr Foundation report?
- L R Sharp Jr Foundation reported $857 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L R Sharp Jr Foundation have?
- CharityIndex grades L R Sharp Jr Foundation C, based on financial health (reserves and operating margin).
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Data for L R Sharp Jr Foundation (EIN 75-2197579) 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.