Mission
SPIN Foundation acts as a financial cushion by providing monetary assistance, or gap funding, for everyday life expenses such as healthcare, housing, education, transportation, food, and clothing to single-parent families. The foundation partners with churches, youth groups, and community based organizations to identify urgent needs and provides support particularly during tough economic times.
Basic Information
Tax-Exempt
Founded in
2014
EIN
47-2427791
Total Assets
$190.2 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 4 goals
At a Glance
Community Support
SPIN collaborates with various organizations to assess and address the urgent needs of single-parent families.
Crisis Relief Funding
Providing essential funding for housing, healthcare, education, and more to families in dire situations.
Empowering Single Parents
SPIN helps single parents manage financial stress, aiming to refocus their energy on opportunities for their families.
Our Programs
Crisis Assistance Program
A program providing emergency financial support to single-parent households in need.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
45
44
/100
Program Expense Ratio
70.74%
8
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.0009307
20
/20
Working Capital Ratio
1.15
12
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 252.2K | 99.98% |
| Program Services | 0 | 0.00% |
| Investment Income | 39 | 0.02% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 252.2K | 100.00% |
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