Clark R Smith Family Foundation is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1987, with $1,429,366 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$1.4M
▲ 58.4% vs prior year
Expenses (FY2024)
$1.8M
Net assets
$15.7M
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 Clark R Smith 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 Clark R Smith Family Foundation: 105 mo reserves · -25% margin earns a C+ 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 Clark R Smith 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 Clark R Smith Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $635K (FY2016) to $1.4M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-25.0%
Spent more than it raised in the latest fiscal year.
Total assets
$15.7M
Total liabilities
$0
Net assets
$15.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,429,366▲58.4% | $1,786,565▲8.4% | $15,690,524▼2.2% | $15,690,524▼2.2% | 990PF |
| 2023 | $902,583▼34.8% | $1,647,893▼1.3% | $16,047,723▼7.0% | $16,047,723▼7.0% | 990PF |
| 2022 | $1,384,055▼65.6% | $1,670,205▲2.7% | $17,251,021▼1.6% | $17,251,021▼1.6% | 990PF |
| 2021 | $4,026,285▲505% | $1,625,675▲49.0% | $17,537,171▲15.9% | $17,537,171▲15.9% | 990PF |
| 2020 | $665,375▼36.3% | $1,091,254▲2.4% | $15,136,561▼2.7% | $15,136,561▼2.7% | 990PF |
| 2019 | $1,043,905▼32.6% | $1,065,446▼5.5% | $15,562,359▼0.1% | $15,562,359▼0.1% | 990PF |
| 2018 | $1,549,328▲5.4% | $1,127,908▲2.9% | $15,583,900▲2.8% | $15,583,900▲2.8% | 990PF |
| 2017 | $1,470,247▲131% | $1,095,647▲7.1% | $15,162,480▲2.5% | $15,162,480▲2.5% | 990PF |
| 2016 | $635,266 | $1,022,651 | $14,787,880 | $14,787,880 | 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 Clark R Smith Family Foundation (EIN 22-2757313) 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.