Boyles-eidson Family Foundation
Only null% goes to programs Strong reserves Growing revenue
Boyles-eidson Family Foundation is a 501(c)(3) organization based in Elkin, North Carolina, registered in 1998, with $142,696 in FY2024 revenue. CharityIndex grades it C+.
Po Box 625, Elkin, NC, 28621 EIN 56-2088318 Since 1998
Revenue (FY2024)
$143K
▼ 48.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$74K
Net assets
$791K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Boyles-eidson 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 →
B+Financial health25% of the rating128 mo reserves · +48% margin
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 Boyles-eidson Family Foundation: 128 mo reserves · +48% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Boyles-eidson 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 →
DTransparency10% of the rating1 of 5 disclosure signals
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 Boyles-eidson Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 625, Elkin, NC, 28621
- City
- Elkin
- State
- North Carolina
- Subcategory
- Philanthropy Programs
Financial trends
Revenue declined from $193K (FY2013) to $143K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $791K
Operating margin
47.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$791K
Total liabilities
$0
Net assets
$791K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $142,696▼48.5% | $74,285▲12.1% | $791,366▲9.5% | $791,366▲9.5% | 990PF |
| 2023 | $276,834▲924% | $66,263▲12.0% | $722,955▲41.1% | $722,955▲41.1% | 990PF |
| 2022 | $27,022▼18.4% | $59,148▲13.1% | $512,384▼5.9% | $512,384▼5.9% | 990PF |
| 2021 | $33,115▲83.9% | $52,300▲3.0% | $544,510▼3.4% | $544,510▼3.4% | 990PF |
| 2020 | $18,006▼43.5% | $50,776▼26.8% | $563,695▼5.5% | $563,695▼5.5% | 990PF |
| 2019 | $31,849▼15.1% | $69,353▼1.6% | $596,465▼5.9% | $596,465▼5.9% | 990PF |
| 2018 | $37,499▼39.5% | $70,450▲42.3% | $633,969▼4.9% | $633,969▼4.9% | 990PF |
| 2017 | $61,953▲174% | $49,524▼4.0% | $666,920▲1.9% | $666,920▲1.9% | 990PF |
| 2016 | $22,650▼39.3% | $51,564▼3.0% | $654,491▼14.4% | $654,491▼14.4% | 990PF |
| 2015 | $37,299▲15.7% | $53,174▲0.5% | $764,767▼2.0% | $764,767▼2.0% | 990PF |
| 2014 | $32,228▼83.3% | $52,916▲24.6% | $780,642▼2.6% | $780,642▼2.6% | 990PF |
| 2013 | $192,841 | $42,458▼2.4% | $801,330▲20.1% | $801,330▲20.1% | 990PF |
| 2012 | — | $43,504 | $666,997 | $666,997 | 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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Frequently asked questions
- Is Boyles-eidson Family Foundation a legitimate nonprofit?
- Yes. Boyles-eidson Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2088318, based in Elkin, North Carolina. Donations are tax-deductible.
- What is Boyles-eidson Family Foundation's EIN?
- Boyles-eidson Family Foundation's Employer Identification Number (EIN) is 56-2088318.
- How much revenue does Boyles-eidson Family Foundation report?
- Boyles-eidson Family Foundation reported $142,696 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Boyles-eidson Family Foundation have?
- CharityIndex grades Boyles-eidson Family Foundation C+, based on financial health (reserves and operating margin).
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Data for Boyles-eidson Family Foundation (EIN 56-2088318) 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.