Spiret Foundation is a 501(c)(3) organization based in Wheaton, Illinois, registered in 2000, with $52,528 in FY2021 revenue. CharityIndex grades it C+.
Revenue (FY2021)
$53K
▼ 7.6% vs prior year
Education median: $200K
Expenses (FY2021)
$44K
Net assets
$46K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Spiret 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 Spiret Foundation: 13 mo reserves · +16% margin earns a A 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 Spiret 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 Spiret Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $160K (FY2017) to $53K (FY2021) across 5 reported years.
Financial snapshot
Operating margin
16.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$368K
Total liabilities
$322K
Net assets
$46K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $52,528▼7.6% | $44,050▼4.8% | $46,391▼51.7% | $368,456▲90.3% | 990EZ |
| 2020 | $56,873▼79.5% | $46,267▼79.4% | $96,126▲12.4% | $193,621▲122% | 990EZ |
| 2019 | $277,613▲82.1% | $224,297▲50.1% | $85,520▲166% | $87,378▲171% | 990 |
| 2018 | $152,429▼4.9% | $149,407▲8.2% | $32,204▲10.4% | $32,204▲10.4% | 990EZ |
| 2017 | $160,211 | $138,035 | $29,182 | $29,182 | 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.
24 grants to Spiret Foundation totaling $1.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Rockefeller Philanthropy Advisors Inc | Arts, culture & humanities, community improvement & capacity building, environment | 2024 | $50,000 |
| Ndn Collective Inc | President's partnership fund - project support | 2024 | $30,000 |
| Tides Foundation | Healthy individuals and communities | 2023 | $75,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $125,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $125,000 |
| Ndn Collective Inc | Community action grant | 2022 | $30,000 |
| Ndn Collective Inc | Community action grant | 2022 | $30,000 |
| Nia Tero Foundation | Covid home testing equipment | 2022 | $10,000 |
| Maine Community Foundation Inc | Minority rights | 2021 | $40,000 |
| Tides Foundation | Healthy individuals and communities | 2021 | $25,000 |
| Rsf Social Finance Inc | For nau research for environmental impacts on sacred peaks | 2021 | $10,000 |
| San Francisco Foundation | Advised - made as an offering toward reparations of land peace foundation. | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $90,100 |
| Tides Foundation | Healthy individuals and communities | 2020 | $68,500 |
| Maine Community Foundation Inc | Minority rights | 2020 | $25,000 |
Explore more
Data for Spiret Foundation (EIN 36-4311514) 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.