Nonprofit · EIN 47-5307022
SPRING FOUNDATION
Tax-exempt · LITTLE ROCK, AR 72202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 (amended) | $186,582 | $193,856 | -$7,274 | $369,253 | $0 | $369,253 |
| December 31, 2024 | 990 | $406,457 | $274,727 | $131,730 | $376,527 | $0 | $376,527 |
| December 31, 2023 | 990 | $237,484 | $190,031 | $47,453 | $244,797 | $0 | $244,797 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $179,149
- Program service revenue
- $0
- Investment income
- $7,433
- Net gain from sales of assets
- $1,948
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $107,017
- Compensation of officers, directors and key employees
- $72,000
- Salaries, compensation and benefits (total)
- $72,000
- Professional fundraising fees
- $0
- Accounting fees
- $925
- Travel
- $4,886
- Program services (functional)
- $139,961
- Management and general (functional)
- $14,452
- Fundraising (functional)
- $39,443
Balance sheet and other
- Total assets, start of year
- $376,527
- Total assets, end of year
- $369,253
- Total liabilities, end of year
- $0
- Net assets, end of year
- $369,253
- Net assets without donor restrictions
- $369,253
- Gross receipts
- $232,395
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- AR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK WEAVER | Executive Dir. Officer | 40 | $72,000 |
| THOMAS SANDERS | Chairman Trustee or director | 2 | $0 |
| JAY BRADFORD | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK WEAVER | Executive Dir. Officer | 40 | $72,000 |
| THOMAS SANDERS | Chairman Trustee or director | 2 | $0 |
| JAY BRADFORD | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK WEAVER | Executive Dir. Officer | 40 | $72,000 |
| THOMAS SANDERS | Chairman Trustee or director | 2 | $0 |
| HANS VAN MAURIK BROEKMAN | Director Trustee or director | 2 | $0 |
| JAY BRADFORD | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1509 MART DR STE B, LITTLE ROCK, AR 72202-1863
- Principal officer (990 for 2025)
- THOMAS SANDERS, 1509 MART DR B, LITTLE ROCK, AR 72202
- Signed the 990
- THOMAS SANDERS, Director
- Return prepared by
- BIBB & ASSOCIATES PC
Mission
PROVIDING SCHOLARSHIPS TO RESIDENTIAL SCHOOLS TO HELP PREPARE UNDERPRIVILEDGE CHILDREN PREPARE FOR ACADEMIC SUCCESS IN THE FUTURE.
Program accomplishments
- PROVIDING SCHOLARSHIPS TO RESIDENTIAL SCHOOLS TO HELP PREPARE UNDERPRIVILEDGE CHILDREN PREPARE FOR ACADEMIC SUCCESS IN THE FUTURE.Expenses $139,961 · grants $107,017
What it must file and when
IRS records say it files Form 990. The IRS master file lists the 990-N (e-Postcard), most likely because of 990-Ns filed under this EIN; its own returns are e-filed. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5307022
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $369,253
- Income (IRS master file)
- $232,395
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $186,582 | $193,856 | $369,253 | XML |
| 990 | December 2024 | $406,457 | $274,727 | $376,527 | XML |
| 990 | December 2023 | $237,484 | $190,031 | $244,797 | XML |
| 990 | December 2022 | $234,482 | $233,679 | $197,344 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-5307022).
Questions about SPRING FOUNDATION
- What is the EIN of SPRING FOUNDATION?
- The employer identification number (EIN) of SPRING FOUNDATION is 47-5307022.
- Is SPRING FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to SPRING FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPRING FOUNDATION file?
- Form 990. The IRS master file lists the 990-N (e-Postcard), most likely because of 990-Ns filed under this EIN; its own returns are e-filed.
- When is the next return of SPRING FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPRING FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SPRING FOUNDATION?
- The 990 for the year ended December 31, 2025 names THOMAS SANDERS.
- Who are the officers and directors of SPRING FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $72,000 (PATRICK WEAVER, Executive Dir.).
- How much revenue does SPRING FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $186,582, expenses of $193,856 and total assets of $369,253 at year end.
Other nonprofits in LITTLE ROCK
- LITTLE SCHOLARS OF ARKANSAS FOUNDATION EIN 06-1665076 · last filed 990 for 2025
- ARKANSAS VIRTUAL ACADEMY EIN 43-2017445 · last filed 990 for 2025
- E-STEM HIGH PUBLIC CHARTER SCHOOLS INC EIN 26-0738981 · last filed 990 for 2025
- LITTLE ROCK CHRISTIAN ACADEMY INC EIN 71-0750151 · last filed 990 for 2025
- PHILANDER SMITH COLLEGE EIN 71-0239729 · last filed 990 for 2023
- PULASKI ACADEMY EIN 71-0424553 · last filed 990 for 2025
- ACCESS GROUP INC EIN 62-1665314 · last filed 990 for 2025
- ARKANSAS PUBLIC SCHOOL RESOURCE CENTER INC EIN 26-2904183 · last filed 990 for 2025