Philanthropy & Grantmaking
(T20)
990 on File
SPARTAN FOUNDATION
Financial strength (30%)
96/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$505K
Total Revenue
$1.4M
Total Expenses
$16.5M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.4%
Fundraising Efficiency
N/A
Operating Reserve
137.32x
Liability-to-Asset
0.0%
Revenue Diversification
59.9%
Executive Compensation
$0
Compared with Peers
FY 2023
Compared with 7,741 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.4% | 91.8% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
137.3 mo | 80.2 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.9% | 90.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
772.6% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-19.7% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-184.9% | -4.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $505K | $1.4M | $16.5M | 84.4% | — |
| 2022 | $58K | $1.8M | $17.4M | 85.4% | — |
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