Wood Group Gives EIN 87-4386508

Wood Group Gives

EIN  87-4386508 Public foundation / grantmaker Belton, TX Founded 2022
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Helps families achieve homeownership, stability, and prosperity.
Leadership
David Spradley · Director
Money in and out
$1.1M revenue, $1.1M expenses
Bottom line
100% program efficiency

Helps families achieve homeownership, stability, and prosperity. For fiscal year 2025 it reported $1.1M in revenue, $1.1M in expenses, and $66K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$66K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate▼ -95% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▼ -93% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.1M
FY2025▲ ×20
Expenses
$1.1M
FY2025▲ ×27
Total assets
$66K
FY2025▲ +41%
Total liabilities
$0
FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$66K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$66K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $1.1M of program spending, described in the organization's own filed words · FY2025.
01

To help families flourish by owning a home, keeping their home, and thriving in their home.

$1.1Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWood Group Gives
EINHdr · item D87-4386508
Principal addressHdr · item CBelton, TX
WebsiteHdr · item Jwww.woodgroupgives.org
Year of formationHdr · item L2022
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T70)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 98%
Other revenue$22K · 2%
Contributions & grants98%$1.1M
Other revenue2%$22K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$1.1M
Management & general$4K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$66K
Total assetsLn 16$66K
Total liabilitiesLn 26$0
Total net assetsLn 32$66K
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $66K · Operating expenses/yr $1.1M
0.7 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.1M
100%
Management & General
Management & general $4K · Total expenses $1.1M
0%
Fundraising
Fundraising $0 · Total expenses $1.1M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $549K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
98%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.1M
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $57K
×20
Net-asset trend (YoY)
End of year $66K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.1M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $66K
Net-asset ratio
Net assets $66K · Total assets $66K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $66K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Spradley · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $1.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1.1M
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth ×20

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 · this organization's grantmaking
Grants paid · 2 grants · $1.1M · 2024–2025
Unitemized GrantFY2025$1,045,669
Unitemized GrantFY2024$36,194

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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)$1.1M revenue · viewing · ⤓ 990 PDF
FY2024$57K 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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