SPENCE FOUNDATION C/O CHRISTOPHER HAWKS (EIN 916413193) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

CHRIS HAWKS

Phone

3077339437

Tax Period

2024-10-01 to 2025-09-30

SPENCE FOUNDATION C/O CHRISTOPHER HAWKS, founded in 1996, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $15K in total revenue in fiscal year 2024. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $67K exceeded revenue, resulting in a 347% operating deficit.

Mission

PROVIDING CONFERENCE FACILITIES FOR NON-PROFIT EDUCATIONAL ORGANIZATION

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,941

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $14,941

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,834

Other Expenses $66,810

TOTAL EXPENSES $66,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,941	$1,107,715	-1.0%
Expenses	$66,810	$60,857	+0.1%
Net Income	$-51,869	$1,046,858	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAY D GEITTMANN	TRUSTEE	0.25	Director	$0	$0	$0
CHRIS HAWKS	TRUSTEE	0.50	Director	$0	$0	$0
JAMES T SORENSEN	TRUSTEE	0.25	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$14,941	$66,810	$4,400,993	$-51,869
2024	$1,107,715	$60,857	$4,452,862	$1,046,858
2024	$7,715	$57,652	$3,356,067	$-49,937
2023	$8,960	$61,905	$3,406,004	$-52,945
2021	$31,501	$114,111	$3,511,568	$-82,610
2020	$57,031	$97,191	$3,594,178	$-40,160
2019	$21,609	$67,228	$3,636,587	$-45,619
2018	$19,962	$64,706	$3,691,203	$-44,744

SPENCE FOUNDATION C/O CHRISTOPHER HAWKS