Moody Endowment
84% goes to programs Strong reserves Declining revenue
Moody Endowment is a 501(c)(3) organization based in Galveston, Texas, registered in 1985, with $75,694,580 in FY2023 revenue. CharityIndex grades it B+, and it directs about 84% of spending to programs.
2302 Post Office St, Galveston, TX, 77550 EIN 76-0152743 Since 1985
Revenue (FY2023)
$75.7M
▲ 148.7% vs prior year
Education median: $200K
Expenses (FY2023)
$13.1M
Net assets
$701.7M
Employees
1
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating84% to programs
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. For Moody Endowment: 84% to programs earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating645 mo reserves · +83% 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 Moody Endowment: 645 mo reserves · +83% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
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. For Moody Endowment: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Moody Endowment: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See irs form 990, part iii, line 1.
Contact & location
- Address
- 2302 Post Office St, Galveston, TX, 77550
- City
- Galveston
- State
- Texas
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $25.5M (FY2013) to $75.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.4MNet assets $701.7M
Operating margin
82.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$705.1M
Total liabilities
$3.4M
Net assets
$701.7M
Salaries & benefits
$5,271
0% of expenses
Board members
9
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $75,694,580▲149% | $13,058,883▲193% | $701,741,077▲9.8% | $705,143,435▲10.1% | 990 |
| 2022 | $30,432,271▲153% | $4,453,018▼69.4% | $639,105,380▲4.2% | $640,692,024▲4.5% | 990 |
| 2021 | -$57,163,839▼137% | $14,558,911▼9.2% | $613,126,127▼10.5% | $613,226,127▼10.7% | 990 |
| 2020 | $152,947,665▲1849% | $16,036,758▲227% | $684,848,877▲25.0% | $686,505,507▲24.9% | 990 |
| 2019 | $7,846,120▼59.8% | $4,904,970▼69.6% | $547,937,970▲0.5% | $549,601,080▲0.6% | 990 |
| 2018 | $19,521,355▼43.6% | $16,160,486▲104% | $544,996,820▲0.6% | $546,142,802▲0.6% | 990 |
| 2017 | $34,614,088▲29.4% | $7,938,210▼12.1% | $541,635,951▲5.2% | $542,917,341▲5.3% | 990 |
| 2016 | $26,745,074▼48.3% | $9,026,090▲29.0% | $514,960,073▲3.6% | $515,705,869▲2.9% | 990 |
| 2015 | $51,701,423▲125% | $6,997,665▲300% | $497,241,089▲37.9% | $500,943,362▲38.9% | 990 |
| 2014 | $23,019,509▼9.7% | $1,751,425▼17.0% | $360,699,151▲6.3% | $360,719,006▲6.1% | 990 |
| 2013 | $25,482,429 | $2,109,228▼54.5% | $339,431,067▲7.4% | $339,852,898▲7.2% | 990 |
| 2012 | — | $4,638,757▲55.3% | $316,057,866▲5.9% | $317,121,445▲5.8% | 990 |
| 2011 | — | $2,987,596▲69.1% | $298,345,577▲7.1% | $299,863,294▲7.5% | 990 |
| 2010 | — | $1,766,737▲40.4% | $278,596,362▲7.6% | $278,940,564▲7.5% | 990 |
| 2009 | — | $1,258,440 | $258,869,191 | $259,495,312 | 990 |
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.
Leadership & compensation (FY2023)
Highest-paid: Mrs Frances Moody Dahlberg — $5,000 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mrs Frances Moody Dahlberg | Chairman | 1 | $5,000 |
| Dr Tom Blackwell | Director | 1 | — |
| Mr Elvin J Pederson | Director | 1 | — |
| Mr Jack Moody | Director | 1 | — |
| Mr Jeff Eppinette | Treasurer | 5 | — |
| Mr Robert L Moody Jr | Director | 1 | — |
| Mr Ross Moody | Director | 1 | — |
| Mr Russell Moody | Dir. - V. Chair | 1 | — |
| Mr Stefan Stamoulis | Dir.- President | 1 | — |
| Mr Stephen Glasgow | Director | 1 | — |
| Ms Bridgette Newman | Board Secretary | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Moody National Bank | Investment Mgmt. Fees | $2,022,397 |
Grants made · $11.0M in FY2023
12 grants totaling $11.0M in FY2023. All grants made by Moody Endowment →
| Recipient | Purpose | Amount |
|---|---|---|
| Transitional Learning Center At Galveston | Medical research / construction | $7,617,848 |
| University of Tx Medical Br | Medical research | $2,129,472 |
| Northwestern University | Medical research | $449,883 |
| Achilles International Inc | Disabled athlete support | $375,000 |
| Best Buddies International Inc | Social services | $100,000 |
| Camp Aranzazu Inc | Social services | $75,000 |
| Brain Injury Association of America Inc | Social services | $75,000 |
| The Metropolitan Museum of Art | Art education | $50,000 |
| Team Luke Hope For Minds | Social services | $50,000 |
| Christina Sullivan Foundation | Social services | $35,000 |
| Catholic Charities of the Archdiocese of Galveston-houston | Social services | $7,500 |
| National Association of State Head Injury Administrators | Medical research | $6,057 |
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Frequently asked questions
- Is Moody Endowment a legitimate nonprofit?
- Yes. Moody Endowment is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-0152743, based in Galveston, Texas. Donations are tax-deductible.
- What is Moody Endowment's EIN?
- Moody Endowment's Employer Identification Number (EIN) is 76-0152743.
- How much revenue does Moody Endowment report?
- Moody Endowment reported $75,694,580 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Moody Endowment's spending goes to programs?
- Moody Endowment spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Moody Endowment have?
- CharityIndex grades Moody Endowment B+, based on program efficiency and fundraising cost.
- How much does Moody Endowment's highest-paid employee make?
- The highest reported compensation on Moody Endowment's latest Form 990 is $5,000, paid to Mrs Frances Moody Dahlberg (Chairman).
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Data for Moody Endowment (EIN 76-0152743) 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.