Found Mission EIN 86-2752167

Found Mission

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Provides essential items like food, clothing, and school supplies to children in need. For fiscal year 2025 it reported $207K in revenue, $188K in expenses, and $72K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Lubbock, TX
Filings
3 on file (2023–2025)
Revenue
$207KFY2025
Expenses
$188K
Net assets
$72K
People
1
Filings
3
Updates
0
More identity details & actions ⌄
EIN  86-2752167 Public charity (501(c)(3)) Lubbock, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides essential items like food, clothing, and school supplies to children in need.
Leadership
Shea Politte · President
Money in and out
$207K revenue, $188K expenses
Bottom line
51% program efficiency
Where the money goes · FY2025
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$188K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.51 Management & general $0.47 Fundraising $0.02
Program efficiency
51%
of spending reaches programs
Operating runway
4.5mo
months of highly liquid reserves at operating expense rate▼ -31% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▼ -70% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$207K
FY2025▲ +52%
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$188K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$72K
Program-expense ratioPt IX · col B51%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $95K of program spending, described in the organization's own filed words · FY2025.
01

With our Fuel in the School program we provided clothing shoes snack weekend food bags hygiene items and school supplies to over 5,000 students in 2024. We are working with over 100 school campuses in the Lubbock area and beyond to reach students in need.

$81Kprogram expense
02

With our Warmth For Texas program we provide blankets and beanies to school children in need throughout Lubbock Texas area schools. In 2024 we gave away over 3000 blankets and beanies to over 3000 students in need.

$8Kprogram expense
03

Through our program Coats for Kids we gave out over 2500 coats to students in need. We work closely with teachers and staff at over 100 schools to help supply coats to those students who do not have any.

$6Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFound Mission
EINHdr · item D86-2752167
Principal addressHdr · item CLubbock, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJul 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A

Shea Politte’s $15K as President is at the 7th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023
Shea Politte$45,135
Shea Politte$15,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$207K
Total revenueLn 12$207K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.51 Management & general $0.47 Fundraising $0.02
Program services51%$95K
Management & general47%$88K
Fundraising2%$5K
Total functional expensesLn 25$188K

Balance Sheet

Part X · end of year
CashLn 1$70K
Total assetsLn 16$72K
Total liabilitiesLn 26$0
Total net assetsLn 32$72K
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $70K · Operating expenses/yr $188K
4.5 months
Where the money goes
Program services
Program services $95K · Total expenses $188K
51%
Management & General
Management & general $88K · Total expenses $188K
47%
Fundraising
Fundraising $5K · Total expenses $188K
2%
Cost to raise $1
Fundraising expense $5K · Solicited contributions $207K
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $207K · Total revenue $207K
100%
Government reliance
Government grants $0 · Total revenue $207K
0%
Earned-income share
Program service revenue $0 · Total revenue $207K
0%
Investment reliance
Investment income $0 · Total revenue $207K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $188K
0%
Growth & trend
Revenue growth (YoY)
This year $207K · Prior year $136K
+52%
Net-asset trend (YoY)
End of year $72K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $207K · Expenses $188K
+9%
Liabilities-to-Assets
Total liabilities $0 · Total assets $72K
0%
Net-asset ratio
Net assets $72K · Total assets $72K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $72K
0%
People & payroll
Highest Reported Total Compensation
Individual Shea Politte · Reported title President · Highest reported compensation $0 · Total expenses $188K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $41K · Total expenses $188K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 51%
Overhead ratio 47%
Fundraising cost ratio 2%
Revenue growth 52%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$2K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$207K revenue · viewing · ⤓ 990 PDF
FY2024$136K revenue · ⤓ 990 PDF
FY2023$68K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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