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Spearman Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$96.6k (2024)

Expenses
$122k (2024)

Total Assets
$1.08M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$96,625
Expenses
$121,514
Net Income
-$24,889
Net Assets
$1,083,024
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $11,500
11.9%
Interest Revenue $8,262
8.6%
Dividends $14,072
14.6%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $87,572
72.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,083,024
Total Liabilities $0
Net Assets $1,083,024
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$129,845
Expenses
$116,909
Net Income
$12,936
Net Assets
$1,107,913
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $38,900
30.0%
Interest Revenue $15,483
11.9%
Dividends $19,145
14.7%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $56,081
48.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,107,913
Total Liabilities $0
Net Assets $1,107,913
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$83,152
Expenses
$87,739
Net Income
-$4,587
Net Assets
$1,094,977
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,600
6.7%
Interest Revenue $449
0.5%
Dividends $21,273
25.6%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $15,367
17.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,094,977
Total Liabilities $0
Net Assets $1,094,977
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$51,209
Expenses
$216,275
Net Income
-$165,066
Net Assets
$1,099,564
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,498
8.8%
Dividends $5,687
11.1%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $162,390
75.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,099,564
Total Liabilities $0
Net Assets $1,099,564
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$269,809
Expenses
$187,601
Net Income
$82,208
Net Assets
$1,264,629
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $195,500
72.5%
Interest Revenue $9,191
3.4%
Dividends $33,608
12.5%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $152,275
81.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,264,630
Total Liabilities $1
Net Assets $1,264,629
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$80,912
Expenses
$446,089
Net Income
-$365,177
Net Assets
$1,182,421
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $11,000
13.6%
Interest Revenue $14,503
17.9%
Dividends $21,989
27.2%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $406,217
91.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,182,422
Total Liabilities $1
Net Assets $1,182,421
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$76,902
Expenses
$180,926
Net Income
-$104,024
Net Assets
$1,547,599
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $11,120
14.5%
Interest Revenue $14,528
18.9%
Dividends $16,424
21.4%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $158,724
87.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,547,599
Total Liabilities $0
Net Assets $1,547,599
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$187,413
Expenses
$88,135
Net Income
$99,278
Net Assets
$1,651,623
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $110,600
59.0%
Interest Revenue $15,082
8.0%
Dividends $25,316
13.5%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,580
63.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,651,623
Total Liabilities $0
Net Assets $1,651,623
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$358,532
Expenses
$127,092
Net Income
$231,440
Net Assets
$1,552,345
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $263,220
73.4%
Interest Revenue $12,699
3.5%
Dividends $48,033
13.4%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $103,992
81.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,552,345
Total Liabilities $0
Net Assets $1,552,345
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$360,862
Expenses
$81,754
Net Income
$279,108
Net Assets
$1,320,905
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $311,137
86.2%
Interest Revenue $5,294
1.5%
Dividends $7,041
2.0%
Sales of Assets -$1,950
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $52,721
64.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,320,905
Total Liabilities $0
Net Assets $1,320,905
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$189,656
Expenses
$97,314
Net Income
$92,342
Net Assets
$1,041,797
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $119,426
63.0%
Interest Revenue $3,963
2.1%
Dividends $33,718
17.8%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $63,085
64.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,041,797
Total Liabilities $0
Net Assets $1,041,797
Compensation
Key Employees and Officers Compensation Other
Guy M Spearman Iii (President) $0 $0
Wilbur E Brewton (Secretary) $0 $0
Gary Runyan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$81,179
Expenses
$60,644
Net Income
$20,535
Net Assets
$949,455
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $42,442
52.3%
Interest Revenue $3,465
4.3%
Dividends $8,232
10.1%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $43,232
71.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $949,455
Total Liabilities $0
Net Assets $949,455

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$52,805
Expenses
$88,127
Net Income
-$35,322
Net Assets
$928,920
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $9,091
17.2%
Interest Revenue $3,985
7.5%
Dividends $9,300
17.6%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $59,825
67.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $928,920
Total Liabilities $0
Net Assets $928,920

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$49,055
Expenses
$96,471
Net Income
-$47,416
Net Assets
$964,242
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,836
3.7%
Interest Revenue $5,304
10.8%
Dividends $11,766
24.0%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $77,207
80.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $964,242
Total Liabilities $0
Net Assets $964,242

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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