Ben M Elrod and Betty Lou Elrod Family Foundation is a 501(c)(3) organization based in Arkadelphia, Arkansas, registered in 2013, with $82,001 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$82K
▲ 310.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$10K
Net assets
$982K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ben M Elrod and Betty Lou Elrod Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ben M Elrod and Betty Lou Elrod Family Foundation: 1177 mo reserves · +88% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ben M Elrod and Betty Lou Elrod Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ben M Elrod and Betty Lou Elrod Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $510K (FY2013) to $82K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
87.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$982K
Total liabilities
$0
Net assets
$982K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $82,001▲311% | $10,012▼50.0% | $981,872▲7.9% | $981,872▲7.9% | 990PF |
| 2023 | $19,970▲176% | $20,018▼78.7% | $909,883 | $909,883 | 990PF |
| 2022 | $7,241▼24.1% | $94,000▲370% | $909,931▼8.7% | $909,931▼8.7% | 990PF |
| 2021 | $9,546▼38.0% | $20,000▼61.9% | $996,690▼1.0% | $996,690▼1.0% | 990PF |
| 2020 | $15,391▼97.0% | $52,500▼79.0% | $1,007,144▲287% | $1,007,144▲287% | 990PF |
| 2013 | $510,190 | $250,000 | $260,190 | $260,190 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Ben M Elrod and Betty Lou Elrod Family Foundation (EIN 38-3892886) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.