X Prize Foundation Inc is a 501(c)(3) organization based in Culver City, California, registered in 1999, with $47,528,889 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$47.5M
▲ 51.4% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$49.1M
Net assets
$30.4M
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 X Prize 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 →
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 X Prize Foundation Inc: 7 mo reserves · -3% margin earns a B+ 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 X Prize 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 →
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 X Prize Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $22.3M (FY2013) to $47.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-3.4%
Spent more than it raised in the latest fiscal year.
Total assets
$146.5M
Total liabilities
$116.0M
Net assets
$30.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,528,889▲51.4% | $49,132,340▲85.7% | $30,449,022▼1.8% | $146,450,974▼3.4% | 990 |
| 2023 | $31,401,063▲70.7% | $26,464,138▲9.3% | $31,007,901▲26.0% | $151,641,597▲95.4% | 990 |
| 2022 | $18,395,520▼6.9% | $24,221,912▲3.3% | $24,599,879▼24.7% | $77,608,546▼25.2% | 990 |
| 2021 | $19,767,291▼18.3% | $23,441,589▼8.5% | $32,648,342▼11.9% | $103,691,143▲40.2% | 990 |
| 2020 | $24,207,747▲32.0% | $25,622,100▼22.9% | $37,076,500▼3.7% | $73,945,038▲28.0% | 990 |
| 2019 | $18,343,433▲8.0% | $33,244,778▼13.6% | $38,490,900▼27.9% | $57,761,215▼36.7% | 990 |
| 2018 | $16,989,918▼38.7% | $38,480,616▲5.6% | $53,392,307▼30.6% | $91,242,507▼22.9% | 990 |
| 2017 | $27,705,112▼17.9% | $36,428,638▲30.4% | $76,948,432▼10.0% | $118,391,755▲0.3% | 990 |
| 2016 | $33,729,194▼34.1% | $27,930,436▼0.4% | $85,459,274▲6.9% | $118,011,416▲7.4% | 990 |
| 2015 | $51,199,386▲29.8% | $28,033,784▲16.1% | $79,916,939▲40.8% | $109,913,251▲34.0% | 990 |
| 2014 | $39,439,182▲77.1% | $24,150,178▲0.7% | $56,751,337▲36.9% | $81,994,453▲27.2% | 990 |
| 2013 | $22,265,443 | $23,978,217▲51.5% | $41,462,333▼4.0% | $64,456,933▲31.1% | 990 |
| 2012 | — | $15,827,863 | $43,175,107 | $49,168,542 | 990 |
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.
67 grants to X Prize Foundation Inc totaling $22.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Data for X Prize Foundation Inc (EIN 52-1876879) 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.