Seth Sprague Educational & Charit Able Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Seth Sprague Educational & Charit Able Foundation is a 501(c)(3) organization based in Dallas, Texas, registered in 1941, with $10,194,279 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 13-6071886 Since 1941
Revenue (FY2024)
$10.2M
▼ 2.9% vs prior year
Expenses (FY2024)
$5.1M
Net assets
$75.1M
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 Seth Sprague Educational & Charit Able Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating175 mo reserves · +50% 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 Seth Sprague Educational & Charit Able Foundation: 175 mo reserves · +50% margin earns a B+ 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 Seth Sprague Educational & Charit Able 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 Seth Sprague Educational & Charit Able Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $3.0M (FY2020) to $10.2M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $75.1M
Operating margin
49.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$75.1M
Total liabilities
$0
Net assets
$75.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,194,279▼2.9% | $5,141,386▼11.4% | $75,080,961▲7.1% | $75,080,961▲7.1% | 990PF |
| 2023 | $10,499,419▼15.8% | $5,799,890▼1.8% | $70,122,834▲7.2% | $70,122,834▲7.2% | 990PF |
| 2022 | $12,473,349▼12.8% | $5,908,737▲10.6% | $65,425,975▲11.1% | $65,425,975▲11.1% | 990PF |
| 2021 | $14,310,164▲379% | $5,340,951▲12.1% | $58,872,144▲18.0% | $58,872,144▲18.0% | 990PF |
| 2020 | $2,986,382 | $4,762,822 | $49,896,274 | $49,896,274 | 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 Seth Sprague Educational & Charit Able Foundation a legitimate nonprofit?
- Yes. Seth Sprague Educational & Charit Able Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-6071886, based in Dallas, Texas. Donations are tax-deductible.
- What is Seth Sprague Educational & Charit Able Foundation's EIN?
- Seth Sprague Educational & Charit Able Foundation's Employer Identification Number (EIN) is 13-6071886.
- How much revenue does Seth Sprague Educational & Charit Able Foundation report?
- Seth Sprague Educational & Charit Able Foundation reported $10,194,279 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Seth Sprague Educational & Charit Able Foundation have?
- CharityIndex grades Seth Sprague Educational & Charit Able Foundation C+, based on financial health (reserves and operating margin).
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Data for Seth Sprague Educational & Charit Able Foundation (EIN 13-6071886) 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.