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Apricity Foundation EIN 87-1240970 Form 990 (PDF) Claim this org

Apricity Foundation

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A private foundation based in Conroe, TX. It reported about $399K in revenue for 2025. For fiscal year 2025 it reported $399K in revenue, $691K in expenses, and $8.1M in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Conroe, TX
Website
www.apricityfoundation.org
Filings
4 on file (2022–2025)
Revenue
$399KFY2025
Expenses
$691K
Net assets
$8.1M
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-1240970 Private foundation / grantmaker Conroe, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Conroe, TX. It reported about $399K in revenue for 2025.
Leadership
Lindsey Kasprzak · President · $30K
Money in and out
$399K revenue, $691K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$399K
Pt VIII · Ln 12
Total expenses
$691K
Pt IX · Ln 25
Net assets
$8.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$292K
Total assets
8.1M
deployed as grants and operations
Grants paid
416K
in FY2025
Grants made
46grants
total in period
Payout rate
5%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 46 grants · $416K · 2025–2025
The Claremont InstituteFY2025$75,000
National Review InstituteNY · FY2025$55,000
The Woodlands Christian AcademyTX · FY2025$47,500
National Jewish Policy CenterDC · FY2025$15,000
Joyride Center INCTX · FY2025$10,775
Alliance Defending FreedomAZ · FY2025$10,000
Oakland UniversityMI · FY2025$10,000
Journey of a Joyful Life DBA Journey SchoolFY2025$10,000
Interfaith of the WoodlandsFY2025$10,000
Family Promise of Montgomery County INCTX · FY2025$10,000
Community Assistance CenterFY2025$10,000
Celebrate Dyslexia SchoolsTX · FY2025$10,000
Baylor College of MedicineTX · FY2025$10,000
All Ears Listening and Language CenterTX · FY2025$10,000
Conroe Symphony OrchestraTX · FY2025$9,000
Weighting Place INCTX · FY2025$5,000
Warriors Mountain River AdventuresFY2025$5,000
Thrive Center for SuccessFY2025$5,000
See all 46 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV30
Average grantPart XV$9K
Median grantPart XV$5K
Largest grantPart XV$75K
Top cause focusNTEEEducation (15%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$399K
FY2025▲ +25%
Expenses
$691K
FY2025▲ +10%
Total assets
$8.1M
FY2025▲ +3%
Total liabilities
$0
FY2025
Total revenue
$399K
Pt VIII · Ln 12
Total expenses
$691K
Pt IX · Ln 25
Net assets
$8.1M
Pt X · Ln 32
Total assetsPt II$8.1M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CApricity Foundation
EINHdr · item D87-1240970
Principal addressHdr · item CConroe, TX
WebsiteHdr · item Jwww.apricityfoundation.org
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$30,000Pt VII · Sec A
Leslie Walker
Treasurer
$26,000Pt VII · Sec A
Robert Kasprzak
Executive Chairman
$17,500Pt VII · Sec A
$2,000Pt VII · Sec A
Dr Audrey Young
Board Member
$2,000Pt VII · Sec A
Kenin Spivak
Board Member
$0Pt VII · Sec A
See Apricity Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$357K · 90%
Other revenue$42K · 10%
Investment income90%$357K
Other revenue10%$42K
Total revenueLn 12$399K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.60 Operating & administrative $0.40
Grants & contributions paid60%$416K
Operating & administrative40%$275K
Total functional expensesLn 25$691K

Balance Sheet

Part X · end of year
CashLn 1$121K
Total assetsLn 16$8.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$8.1M
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $8.1M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $399K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $399K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $399K · Prior year $319K
+25%
Net-asset trend (YoY)
End of year $8.1M · Beginning of year $7.9M
+3%
Balance sheet
Surplus Margin
Revenue $399K · Expenses $691K
-73%
Liabilities-to-Assets
Total liabilities $0 · Total assets $8.1M
0%
Net-asset ratio
Net assets $8.1M · Total assets $8.1M
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $691K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth 25%——

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.

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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)$399K revenue · viewing · ⤓ 990 PDF
FY2024$319K revenue · ⤓ 990 PDF
FY2023$85K revenue · ⤓ 990 PDF
FY2022$4.0M 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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