Michael E Speltz Charitable Foundation is a 501(c)(3) organization based in Rollingstone, Minnesota, registered in 2013, with $104,751 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$105K
▲ 10.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$5,651
Net assets
$482K
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 Michael E Speltz Charitable 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 Michael E Speltz Charitable Foundation: 1023 mo reserves · +95% 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 Michael E Speltz Charitable 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 Michael E Speltz Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $4,585 (FY2013) to $105K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
94.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$482K
Total liabilities
$0
Net assets
$482K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,751▲10.8% | $5,651▼74.8% | $481,699▲20.6% | $481,699▲20.6% | 990PF |
| 2023 | $94,533▲5914% | $22,446▼19.5% | $399,567▲14.3% | $399,567▲14.3% | 990PF |
| 2022 | $1,572▼98.9% | $27,894▲10.5% | $349,694▼7.0% | $349,694▼9.4% | 990PF |
| 2021 | $148,756▲220% | $25,252▲91.1% | $376,016▲36.3% | $386,016▲39.9% | 990PF |
| 2020 | $46,497▼5.1% | $13,213▲15.0% | $275,875▲13.7% | $275,875▲13.7% | 990PF |
| 2019 | $48,992▲43.3% | $11,492▲54.4% | $242,591▲18.3% | $242,591▲18.3% | 990PF |
| 2018 | $34,190▼60.8% | $7,441▲24.0% | $205,091▲15.0% | $205,091▲15.0% | 990PF |
| 2017 | $87,178▲4916% | $5,999▼8.8% | $178,342▲83.5% | $178,342▲83.5% | 990PF |
| 2016 | $1,738▼46.9% | $6,581▲54.6% | $97,163▼4.7% | $97,163▼4.7% | 990PF |
| 2015 | $3,272▼96.9% | $4,258▲289% | $102,006▼1.0% | $102,006▼1.0% | 990PF |
| 2014 | $104,087▲2170% | $1,095▼76.1% | $102,992 | $102,992 | 990PF |
| 2013 | $4,585 | $4,585 | $0 | $0 | 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 Michael E Speltz Charitable Foundation (EIN 46-2952977) 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.