The David & Sandra Millspaugh Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
The David & Sandra Millspaugh Foundation Inc is a 501(c)(3) organization based in Boulder, Colorado, registered in 2019, with $215,943 in FY2024 revenue. CharityIndex grades it D.
7245 Flagstaff Rd, Boulder, CO, 80302 EIN 82-3475250 Since 2019
Revenue (FY2024)
$216K
▲ 333.9% vs prior year
Expenses (FY2024)
$273K
Net assets
$4.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 The David & Sandra Millspaugh Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating174 mo reserves · -27% 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 The David & Sandra Millspaugh Foundation Inc: 174 mo reserves · -27% margin earns a D 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 The David & Sandra Millspaugh Foundation Inc— 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 The David & Sandra Millspaugh Foundation Inc: 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 -$148K (FY2018) to $216K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $14KNet assets $4.0M
Operating margin
-26.6%
Spent more than it raised in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$14K
Net assets
$4.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $215,943▲334% | $273,484▲7.7% | $3,957,058▼1.4% | $3,971,426▼1.4% | 990PF |
| 2023 | $49,764▼42.8% | $254,018▼23.7% | $4,014,599▼4.8% | $4,028,967▼4.8% | 990PF |
| 2022 | $86,947▼75.1% | $332,769▲15.1% | $4,218,853▼5.5% | $4,233,221▼5.3% | 990PF |
| 2021 | $349,432▲1158% | $289,203▼1.9% | $4,464,675▲1.4% | $4,471,376▲1.4% | 990PF |
| 2020 | $27,787▼68.6% | $294,948▲39.0% | $4,404,446▼5.7% | $4,411,147▼5.6% | 990PF |
| 2019 | $88,381▲160% | $212,131▲81.3% | $4,671,607▼2.6% | $4,671,607▼2.6% | 990PF |
| 2018 | -$147,915 | $117,011 | $4,798,723 | $4,798,723 | 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 The David & Sandra Millspaugh Foundation Inc a legitimate nonprofit?
- Yes. The David & Sandra Millspaugh Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-3475250, based in Boulder, Colorado. Donations are tax-deductible.
- What is The David & Sandra Millspaugh Foundation Inc's EIN?
- The David & Sandra Millspaugh Foundation Inc's Employer Identification Number (EIN) is 82-3475250.
- How much revenue does The David & Sandra Millspaugh Foundation Inc report?
- The David & Sandra Millspaugh Foundation Inc reported $215,943 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The David & Sandra Millspaugh Foundation Inc have?
- CharityIndex grades The David & Sandra Millspaugh Foundation Inc D, based on financial health (reserves and operating margin).
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Data for The David & Sandra Millspaugh Foundation Inc (EIN 82-3475250) 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.