Larry H Spears Foundation Inc
Only null% goes to programs Thin reserves
Larry H Spears Foundation Inc is a 501(c)(3) organization based in Dry Ridge, Kentucky, registered in 2007, with $138,892 in FY2024 revenue. CharityIndex grades it C.
Po Box 74, Dry Ridge, KY, 41035 EIN 20-8674980 Since 2007
Revenue (FY2024)
$139K
▲ 5.4% vs prior year
Human Services median: $293K
Expenses (FY2024)
$137K
Net assets
$6,417
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 Larry H Spears Foundation Inc— 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 rating1 mo reserves · +1% 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 Larry H Spears Foundation Inc: 1 mo reserves · +1% 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 Larry H Spears Foundation Inc— 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 Larry H Spears Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 74, Dry Ridge, KY, 41035
- City
- Dry Ridge
- State
- Kentucky
- Category
- Human Services
- Subcategory
- Family Services
Financial trends
Revenue grew from $66K (FY2010) to $139K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6,417
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6,417
Total liabilities
$0
Net assets
$6,417
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $138,892▲5.4% | $136,891▼3.1% | $6,417▲45.3% | $6,417▲45.3% | 990EZ |
| 2023 | $131,833▼7.5% | $141,233▼0.8% | $4,416▼68.0% | $4,416▼68.0% | 990EZ |
| 2022 | $142,590▲6.3% | $142,382▼4.3% | $13,816▲1.5% | $13,816▲1.5% | 990EZ |
| 2021 | $134,182▼30.0% | $148,814▼12.7% | $13,608▼51.8% | $13,608▼51.8% | 990EZ |
| 2020 | $191,814▲100% | $170,426▲66.3% | $28,240▲312% | $28,240▲312% | 990EZ |
| 2019 | $95,874▼7.0% | $102,473▼2.5% | $6,852▼49.1% | $6,852▼49.1% | 990EZ |
| 2018 | $103,103▲18.6% | $105,068▲2.9% | $13,451▼12.7% | $13,451▼12.7% | 990EZ |
| 2017 | $86,960▼27.0% | $102,068▼12.2% | $15,416▼49.5% | $15,416▼49.5% | 990EZ |
| 2016 | $119,078▼16.2% | $116,315▼2.1% | $30,524▲10.0% | $30,524▲10.0% | 990EZ |
| 2015 | $142,157▲27.9% | $118,797▲3.5% | $27,761▲531% | $27,761▲531% | 990EZ |
| 2014 | $111,142▲20.7% | $114,815▲7.5% | $4,401▼45.5% | $4,401▼45.5% | 990EZ |
| 2013 | $92,088▼20.3% | $106,853▲2.0% | $8,074▼64.6% | $8,074▼64.6% | 990EZ |
| 2012 | $115,481▲24.3% | $104,755▲4.2% | $22,839▲88.5% | $22,839▲88.5% | 990EZ |
| 2011 | $92,899▲41.4% | $100,492▼12.3% | $12,113▼38.5% | $12,113▼38.5% | 990EZ |
| 2010 | $65,695 | $114,561 | $19,706 | $19,706 | 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.
Grants received · $39K total
2 grants to Larry H Spears Foundation Inc totaling $39K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Feed the Children Inc | Necessities for needy children & families | 2020 | $28,074 |
| Feed the Children Inc | Necessities for needy children & families | 2019 | $10,578 |
Similar organizations in Human Services
Human Services
Olive Branch Ministries Inc
Corbin, KY
$138K
Bannual revenue
- Human Services
Cinderellas Closet Nky Inc
Erlanger, KY
$138K
C+annual revenue
- Human Services
Butterfly Farms Inc
Leitchfield, KY
$137K
C+annual revenue
- Human Services
Pathway of Hope
Greenville, KY
$141K
C+annual revenue
Human Services
Global Impact Missions-org - Inc
Lexington, KY
$137K
Bannual revenue
- Human Services
Casa of the Cumberland Valley Inc
London, KY
$137K
C+annual revenue
- Human Services
Generations Grow Network Inc
Independence, KY
$136K
C+annual revenue
Human Services
Jarretts Joy Cart Incorporated
Nicholasville, KY
$142K
Bannual revenue
- Human Services
People Helping People Incorporated
Ashland, KY
$135K
Cannual revenue
Human Services
Create Circles Corporation
Owensboro, KY
$143K
Cannual revenue
Compare Larry H Spears Foundation Inc
Frequently asked questions
- Is Larry H Spears Foundation Inc a legitimate nonprofit?
- Yes. Larry H Spears Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-8674980, based in Dry Ridge, Kentucky. Donations are tax-deductible.
- What is Larry H Spears Foundation Inc's EIN?
- Larry H Spears Foundation Inc's Employer Identification Number (EIN) is 20-8674980.
- How much revenue does Larry H Spears Foundation Inc report?
- Larry H Spears Foundation Inc reported $138,892 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Larry H Spears Foundation Inc have?
- CharityIndex grades Larry H Spears Foundation Inc C, based on financial health (reserves and operating margin).
More nonprofits in Dry Ridge
Explore more
Data for Larry H Spears Foundation Inc (EIN 20-8674980) 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.