The Spence Foundation
- Assets
- $1.8m
- Revenue
- $718.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Tyler, TX
- Founding
- Data as of
- 10/2018
- EIN
- 75-2740118
Organization Overview
The Spence Foundation is located in Tyler, TX.
For the year ending 10/2018, Spence Foundation generated $718.6k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $353.7k during the year ending 10/2018. As we would expect to see with falling revenues, expenses have declined by (31.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Spence Griffeth Director | 0 | $0 | |
Ralph Spence Jr President | 0 | $0 | |
Judy Spence Tate Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $680,210 |
| Interest on Savings | $3,484 |
| Dividends & Interest | $14,689 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,193 |
| Capital Gain Net Income | $20,193 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $718,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,650 |
| Contributions, gifts, grants paid | $350,000 |
| Total expenses and disbursements | $353,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,767,404 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,371 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,774,775 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Spence Foundation has awarded $350,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS AUSTIN PURPOSE: EDUCATION | $250,000 |
COMMUNITIES IN SCHOOLS PURPOSE: EDUCATION | $50,000 |
TEXAS HISTORY MUSEUM FOUNDATION PURPOSE: EDUCATION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deep East Texas Electric Co-Operative Inc San Augustine, TX | $258,283,792 | $99,942,050 |
Memorial Hermann Hospital Based Physician Group Houston, TX | $12,517,571 | $82,920,785 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Ach Child And Family Services Fort Worth, TX | $163,813,747 | $98,425,348 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Cckc4 Inc Wichita, KS | $1,278,082,464 | $69,570,660 |
Kansas Association Of Child Care Resource And Referral Agencies Salina, KS | $5,216,379 | $98,524,579 |