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Ike Fund Inc

EIN 88-1348531 · Spearman, TX

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthStrong95 out of 100GovernanceWeak38 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO (I) PROVIDE TREATMENT SERVICES WHICH MAY INCLUDE EMOTIONAL SUPPORT, PROBLEM-SOLVING ASSISTANCE, INFORMAITON AND GUIDANCE THROUGH A VARIETY OF COUNSELING MODALITIES FOR INDIVIDUALS WHO ARE HAVING DIFFICULTY IN COPING WITH GRIEF RESULTING FROM A TAUMATIC EXPERIENCE OR A PERSONAL RELATIONSHIP OR IN MAKING THE ADJUSTMENTS THAT ARE REQUIRED BY THEIR PARTICULAR STAGE IN LIFE, (II) TO EDUCATE THE PUBLIC IN HOW TO EFFECTIVELY NEGOCIATE THE EMOTIONAL TRAUMA AND GRIEF RESULTING FROM A TRAUMATIC EXPERIENCE OR A PERSONAL RELATIONSHIP OR IN MAKING THE ADJUSTMENTS THAT ARE REQUIRED BY THEIR PARTICULAR STAGE IN LIFE, AND (III) THE GRANTING OF SCHOLARSHIPS TO EDUCATE INDIVIDUALS WITH PHYSICAL AND DEVELOPMENTAL DISABILITIES THE OPPORTUNITY TO CHOOSE THE LEVEL OF EDUCATIONAL, VOCATIONAL AND WORK OPTIONS NEEDED TO MEET THEIR PERSONAL GOALS AND OBJECTIVES TO SUPPORT OTHER CHARITABLE OPERATING ENTITIES THAT DO THE SAME.

Income
$225,625
Spending
$96,520
Spent on programs
100%
Reserves
66.5 months of spending
Largest source of income
donations and private grants, 54%
Employees
0
Volunteers
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 95 out of 100. Higher than 89% of charities in its peer group (mental health, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 66.5 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 57% of income.

  • Income trend

    10 of 15

    Income fell 6% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 38 out of 100. Higher than 15% of charities in its peer group (mental health, under $250k).

  • Independent board

    5 of 25

    0 of 5 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $96,520 spent. SCHOLARSHIPS TO STUDENTS AND DONATIONS TO SCHOOL ORGANIZATIONS.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Caution.

    Not on the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.