M L Shanor Foundation is a 501(c)(3) organization based in Wichita Falls, Texas, registered in 1963, with $569,123 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$569K
▼ 20.7% vs prior year
Expenses (FY2025)
$583K
Net assets
$2.2M
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 M L Shanor 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 M L Shanor Foundation: 46 mo reserves · -2% 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 M L Shanor 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 M L Shanor Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $218K (FY2014) to $569K (FY2025) across 12 reported years.
Financial snapshot
Operating margin
-2.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$147
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $569,123▼20.7% | $583,341▼21.8% | $2,242,518▼0.6% | $2,242,665▼0.6% | 990PF |
| 2024 | $717,413▲8.4% | $746,243▼3.8% | $2,256,736▼1.3% | $2,256,736▼1.3% | 990PF |
| 2023 | $661,749▲28.9% | $775,723▼6.8% | $2,285,566▼4.7% | $2,285,566▼4.7% | 990PF |
| 2022 | $513,557▲57.2% | $832,477▲87.2% | $2,399,540▼11.7% | $2,399,540▼11.7% | 990PF |
| 2021 | $326,623▲17.2% | $444,818▲5.5% | $2,718,460▼4.2% | $2,718,460▼4.2% | 990PF |
| 2020 | $278,578▲0.8% | $421,676▼19.3% | $2,836,655▼4.9% | $2,836,655▼4.9% | 990PF |
| 2019 | $276,300▼79.0% | $522,200▼5.7% | $2,984,054▼7.6% | $2,984,054▼7.6% | 990PF |
| 2018 | $1,314,480▲579% | $553,574▲33.0% | $3,229,954▲30.7% | $3,229,954▲30.7% | 990PF |
| 2017 | $193,551▲14.4% | $416,233▼4.3% | $2,470,634▼8.3% | $2,470,634▼8.3% | 990PF |
| 2016 | $169,221▲8.5% | $435,131▼2.7% | $2,693,316▼9.0% | $2,693,316▼9.0% | 990PF |
| 2015 | $155,938▼28.6% | $447,311▲33.4% | $2,959,226▼9.0% | $2,959,226▼9.0% | 990PF |
| 2014 | $218,477 | $335,405 | $3,250,599 | $3,250,599 | 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 M L Shanor Foundation (EIN 75-6012834) 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.