Spreetail Foundation is located in Lincoln, NE. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spreetail Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Spreetail Foundation generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.7%) each year. All expenses for the organization totaled $347.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Spreetail Foundation has awarded 371 individual grants totaling $1,290,738. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW BEGINNINGS PROGRAM - PROVIDE MATTRESSES AND ESSENTIAL ITEMS TO FAMILIES TRANSITIONING FROM HOMELESSNESS TO STABLE LIVING.
BACK(PACK) TO SCHOOL - PROVIDE BACKPACKS AND SCHOOL SUPPLIES TO CHILDREN IN NEED.
INTERN PROJECT - COMPANY INTERNS VOLUNTEER TIME AND EFFORTS AT LOCAL NONPROFITS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Thome President | 0.25 | $0 | |
Taylor Reeves Treasurer | 0.25 | $0 | |
Brei Wagner Director | 0.25 | $0 | |
Chad Kilpatrick Secretary | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,862 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,862 |
| 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 | $226,681 |
| Total operating and administrative expenses | $229,161 |
| Contributions, gifts, grants paid | $118,740 |
| Total expenses and disbursements | $347,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,328 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $571,328 |
| 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 |
Over the last fiscal year, Spreetail Foundation has awarded $118,740 in support to 161 organizations.
| Grant Recipient | Amount |
|---|---|
ABIDE PURPOSE: DONATION MATCH | $350 |
ACLU OF NEBRASKA PURPOSE: DONATION MATCH | $100 |
ACTION AGAINST HUNGER-USA PURPOSE: DONATION MATCH | $50 |
ALL-OPTIONS PURPOSE: DONATION MATCH | $125 |
AMERICAN CANCER SOCIETY PURPOSE: DONATION MATCH | $50 |
AMERICAN HEART ASSOCIATION PURPOSE: DONATION MATCH | $140 |