The Benjamin and Edith Spaulding Descendants Foundation Inc

Nonprofit profile at a glance

EIN
562068902
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Willow Grove, PA, USA
Phone
3019529437
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$38,080
Expenses
$43,348
Assets
$250,187

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MILTON ELMORE CAMPBELL (PRESIDENT)

People named in this filing

  • MILTON ELMORE CAMPBELL (PRESIDENT)
  • LUKE ALEXANDER (VICE-PRES.)
  • STACY S ROBINSON (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charitable, educational and literary scholarships

What it reported doing in 2024

To provide a documented history of the spaulding family and to provide a means of advertising for future charitable purposes. This will benefit any number of people.

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.1%; rating input score 92
  • Program expense ratio: 80.4%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -13.8%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 5.77; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 21.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 14.9% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 13.7% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 92.1% of revenue deployed · 80.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $35K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 27/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.