Carroll Education Foundation Inc is a 501(c)(3) organization based in Southlake, Texas, registered in 1996, with $790,364 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$790K
▲ 4.6% vs prior year
Education median: $200K
Expenses (FY2023)
$866K
Net assets
$541K
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 Carroll Education Foundation Inc— 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 Carroll Education Foundation Inc: 7 mo reserves · -10% 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 Carroll Education Foundation Inc— 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 Carroll Education Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $200K (FY2014) to $790K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-9.6%
Spent more than it raised in the latest fiscal year.
Total assets
$541K
Total liabilities
$0
Net assets
$541K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $790,364▲4.6% | $866,429▲15.8% | $540,550▼15.4% | $540,550▼15.4% | 990 |
| 2022 | $755,255▲2.8% | $748,493▼20.1% | $639,318▲0.6% | $639,318▲0.6% | 990 |
| 2021 | $734,619▼1.9% | $937,369▲1.3% | $635,201▼35.7% | $635,201▼35.7% | 990 |
| 2020 | $748,585▲26.1% | $925,465▼27.1% | $988,158▼3.6% | $988,158▼6.7% | 990 |
| 2019 | $593,428▲36.1% | $1,269,138▲433% | $1,024,640▼39.9% | $1,058,840▼37.9% | 990 |
| 2018 | $436,146▼11.2% | $237,974▼0.2% | $1,705,350▲12.8% | $1,705,350▲12.8% | 990 |
| 2017 | $491,275▲73.4% | $238,523▲17.8% | $1,511,189▲8.8% | $1,511,189▲8.7% | 990 |
| 2016 | $283,345▼4.7% | $202,420▲4.5% | $1,389,592▲9.9% | $1,389,723▲9.9% | 990 |
| 2015 | $297,433▲48.8% | $193,670▼9.7% | $1,264,392▲12.3% | $1,264,392▲12.3% | 990 |
| 2014 | $199,829 | $214,422 | $1,125,409 | $1,125,409 | 990 |
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.
44 grants to Carroll Education Foundation Inc totaling $731K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $11,673 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $6,739 |
| National Christian Charitable Foundation | Support | 2023 | $15,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $13,456 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,830 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2023 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $7,185 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $25,615 |
| National Christian Charitable Foundation | Support | 2022 | $15,000 |
| National Christian Charitable Foundation | Support | 2022 | $15,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2022 | $13,723 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2022 | $12,500 |
| Charities Aid Foundation America | Charitable donation | 2022 | $11,105 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2021 | $150,000 |
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Data for Carroll Education Foundation Inc (EIN 75-2638646) 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.