Stella L Spencer Foundation 1 Nect is a 501(c)(92) organization based in Dallas, Texas, with $8,487 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$8,487
▲ 260.1% vs prior year
Expenses (FY2023)
$16K
Net assets
$215K
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 Stella L Spencer Foundation 1 Nect— 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 Stella L Spencer Foundation 1 Nect: 161 mo reserves · -89% margin earns a F 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 Stella L Spencer Foundation 1 Nect— 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 Stella L Spencer Foundation 1 Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $9,276 (FY2014) to $8,487 (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-88.9%
Spent more than it raised in the latest fiscal year.
Total assets
$215K
Total liabilities
$0
Net assets
$215K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $8,487▲260% | $16,032▲6.2% | $214,508▼1.3% | $214,508▼1.3% | 990PF |
| 2022 | -$5,301▼111% | $15,097▼18.7% | $217,358▼7.5% | $217,358▼7.5% | 990PF |
| 2021 | $47,401▲161% | $18,564▲22.1% | $234,864▼0.8% | $234,864▼0.8% | 990PF |
| 2020 | $18,193▲28.1% | $15,203▲12.6% | $236,656▲16.4% | $236,656▲16.4% | 990PF |
| 2019 | $14,201▼32.2% | $13,498▲0.4% | $203,371▼3.7% | $203,371▼3.7% | 990PF |
| 2017 | $20,934▲125% | $13,443▼3.6% | $211,181▲3.5% | $211,181▲3.5% | 990PF |
| 2016 | $9,291▲1441% | $13,938▼12.0% | $204,050▼0.6% | $204,050▼0.6% | 990PF |
| 2015 | $603▼93.5% | $15,843▲13.6% | $205,185▼7.2% | $205,185▼7.2% | 990PF |
| 2014 | $9,276 | $13,951 | $221,147 | $221,147 | 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 Stella L Spencer Foundation 1 Nect (EIN 42-6052929) 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.