Cfile Foundation is a 501(c)(3) organization based in Santa Fe, New Mexico, registered in 2014, with $28,634 in FY2021 revenue. CharityIndex grades it F.
Revenue (FY2021)
$29K
▲ 204.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2021)
$14K
Net assets
-$43K
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 Cfile 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 Cfile Foundation: 0 mo reserves · +52% margin earns a F 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 Cfile 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 Cfile Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $101K (FY2014) to $29K (FY2021) across 8 reported years.
Financial snapshot
Operating margin
52.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11K
Total liabilities
$54K
Net assets
-$43K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $28,634▲204% | $13,722▼16.3% | -$43,015▲25.7% | $11,347▲110% | 990EZ |
| 2020 | $9,417▼88.4% | $16,402▼64.1% | -$57,927▼13.7% | $5,407▼70.8% | 990EZ |
| 2019 | $81,167▼5.2% | $45,713▼15.6% | -$50,942▲41.0% | $18,487▼29.4% | 990EZ |
| 2018 | $85,637▼32.5% | $54,180▼67.6% | -$86,396▲26.7% | $26,190▲82.0% | 990EZ |
| 2017 | $126,865▼31.9% | $167,037▼14.8% | -$117,853▼51.7% | $14,392▼58.4% | 990EZ |
| 2016 | $186,238▲282% | $196,024▲67.6% | -$77,681▼14.4% | $34,601▲187% | 990 |
| 2015 | $48,706▼51.6% | $116,932▲12.7% | -$67,895▼20612% | $12,047▼32.4% | 990EZ |
| 2014 | $100,698 | $103,776 | $331 | $17,808 | 990EZ |
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.
3 grants to Cfile Foundation totaling $80K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Houston Community Foundation | Support for general operations, from sara and bill morgan | 2020 | $25,000 |
| Greater Houston Community Foundation | This grant is general operating support. please note this contribution as coming from sara and bill morgan. | 2015 | $50,000 |
| National Philanthropic Tr | Culture & arts | 2014 | $5,000 |
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Data for Cfile Foundation (EIN 46-3719366) 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.