Neopte Foundation

Nonprofit profile at a glance

EIN
931950615
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025
Location
The Colony, TX, USA
Phone
0000000000
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$3,038
Expenses
$5,411
Assets
$7,080
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Jordan Thurston (Chief Executive Officer)
  • Luke Seddon (Chief Executive Officer)

People named in this filing

  • Jordan Thurston (Chief Executive Officer)
  • Omar Bhagat (Chairperson)
  • Javier Robles (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide purpose to youth from low-opportunity backgrounds with direction in pursuit of higher education

What it reported doing in 2025

Directed 4400 toward academic and vocational advancement Funded the Neopte Endowed Scholarship Grant at Texas AM - Corpus Christi 2500 provided apprenticeship licenses and professional toolsets for students at Lewisville ISD 1400 and issued student grants at Spring-Ford High School 500

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.3%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -78.1%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 1.31; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 38.4% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 19.9% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 35.6% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 9/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.