The 40 Foundation

Nonprofit profile at a glance

EIN
830949650
IRS 990-PF coverage
2018–2025
Forms available
Form 990-PF 2025
Location
Baytown, TX, USA
Phone
2814132635
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Higher Education Institutions

Reported finances

Revenue
$1,100
Expenses
$1,723

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

Overview

Mission

Higher Education Institutions

What it reported funding in 2025

The foundation reported 2 grants totaling $1,000. The stated grant purpose was senior scholarship.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
No current program activity. The filing reports no charitable disbursements for the current year.

The verdict

MIXED - The filing identifies who received its grants and the endowment provides a meaningful financial cushion. A relatively small share of spending goes to grants.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 58
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 68

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 58%; rating input score 58; 56th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 4.5; rating input score 68; 68th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: Filed payout detail
  • Trustees: Filed trustees detail
  • Consistency: 10 of 10 current checks pass
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Cost Efficiency: Grant expense ratio scored 58/100.