Thomas Kinder and Martha W Farris Charitable Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Thomas Kinder and Martha W Farris Charitable Foundation Inc is a 501(c)(3) organization based in Floydada, Texas, registered in 1999, with $51,866 in FY2024 revenue. CharityIndex grades it F.
1000 W Kentucky St, Floydada, TX, 79235 EIN 75-2832647 Since 1999
Revenue (FY2024)
$52K
▲ 29.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$103K
Net assets
$1.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Thomas Kinder and Martha W Farris Charitable 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 →
FFinancial health25% of the rating220 mo reserves · -99% 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 Thomas Kinder and Martha W Farris Charitable Foundation Inc: 220 mo reserves · -99% margin earns a F 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 Thomas Kinder and Martha W Farris Charitable 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 Thomas Kinder and Martha W Farris Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1000 W Kentucky St, Floydada, TX, 79235
- City
- Floydada
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $611 (FY2013) to $52K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.9M
Operating margin
-99.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,866▲29.3% | $103,444▲5.8% | $1,895,103▲7.5% | $1,895,103▲7.5% | 990PF |
| 2023 | $40,109▼90.9% | $97,746▼73.8% | $1,763,696▲8.8% | $1,763,696▲8.8% | 990PF |
| 2022 | $439,173▲13824% | $373,473▲253% | $1,620,321▲8.8% | $1,620,321▲8.8% | 990PF |
| 2021 | $3,154▼93.0% | $105,806▲6.2% | $1,489,291▼9.0% | $1,489,291▼9.0% | 990PF |
| 2020 | $44,931▼77.0% | $99,621▲4.6% | $1,636,444▼0.9% | $1,636,444▼0.9% | 990PF |
| 2019 | $195,559▲270% | $95,278▲81.4% | $1,650,624▲0.1% | $1,650,624▲0.1% | 990PF |
| 2018 | $52,862▼40.1% | $52,520▲12.6% | $1,649,026▲0.3% | $1,649,026▲0.3% | 990PF |
| 2017 | $88,305▲55.2% | $46,653▼40.5% | $1,644,320▲2.3% | $1,644,320▲2.3% | 990PF |
| 2016 | $56,905▲157% | $78,463▲6.4% | $1,607,568▼1.3% | $1,607,568▼1.3% | 990PF |
| 2015 | $22,140▼98.5% | $73,724▼12.7% | $1,629,056▼3.1% | $1,629,056▼3.1% | 990PF |
| 2014 | $1,488,801▲243566% | $84,490▲26.7% | $1,681,477▲521% | $1,681,477▲521% | 990PF |
| 2013 | $611 | $66,696▲20.2% | $270,876▼19.6% | $270,876▼19.6% | 990PF |
| 2012 | — | $55,496▼31.1% | $336,961▲15.4% | $336,961▲15.4% | 990PF |
| 2011 | — | $80,500▲6.6% | $291,917 | $291,917 | 990PF |
| 2010 | — | $75,505 | $291,880 | $291,880 | 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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Frequently asked questions
- Is Thomas Kinder and Martha W Farris Charitable Foundation Inc a legitimate nonprofit?
- Yes. Thomas Kinder and Martha W Farris Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2832647, based in Floydada, Texas. Donations are tax-deductible.
- What is Thomas Kinder and Martha W Farris Charitable Foundation Inc's EIN?
- Thomas Kinder and Martha W Farris Charitable Foundation Inc's Employer Identification Number (EIN) is 75-2832647.
- How much revenue does Thomas Kinder and Martha W Farris Charitable Foundation Inc report?
- Thomas Kinder and Martha W Farris Charitable Foundation Inc reported $51,866 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas Kinder and Martha W Farris Charitable Foundation Inc have?
- CharityIndex grades Thomas Kinder and Martha W Farris Charitable Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Thomas Kinder and Martha W Farris Charitable Foundation Inc (EIN 75-2832647) 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.