Earl W and Patricia B Colvard Charitable Foundation is a 501(c)(3) organization based in Deland, Florida, registered in 2015, with $773,475 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$773K
▲ 6.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$725K
Net assets
$5.9M
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 Earl W and Patricia B Colvard Charitable 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 Earl W and Patricia B Colvard Charitable Foundation: 98 mo reserves · +6% 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 Earl W and Patricia B Colvard Charitable 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 Earl W and Patricia B Colvard Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2014) to $773K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
6.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.9M
Total liabilities
$1,879
Net assets
$5.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $773,475▲6.3% | $725,318▼4.0% | $5,907,561▲0.8% | $5,909,440▲0.8% | 990PF |
| 2023 | $727,481▼61.8% | $755,617▲43.5% | $5,859,404▼0.5% | $5,862,550▼0.4% | 990PF |
| 2022 | $1,903,917▲247% | $526,439▲3.7% | $5,887,540▲30.5% | $5,887,540▲30.5% | 990PF |
| 2021 | $548,201▲7.4% | $507,582▲5.5% | $4,510,062▲0.9% | $4,510,062▲0.9% | 990PF |
| 2020 | $510,561▼0.2% | $481,012▼2.2% | $4,469,443▲0.7% | $4,469,443▲0.7% | 990PF |
| 2019 | $511,494▲0.7% | $491,967▲13.7% | $4,439,894▲0.4% | $4,439,894▲0.4% | 990PF |
| 2018 | $507,760▲1.1% | $432,782▲9.7% | $4,420,367▲1.7% | $4,420,367▲1.7% | 990PF |
| 2017 | $502,372▲144% | $394,669▲119% | $4,345,389▲2.5% | $4,345,389▲2.5% | 990PF |
| 2016 | $205,804 | $180,068▼1.4% | $4,237,686▲129% | $4,237,686▲129% | 990PF |
| 2015 | $205,757 | $182,634▲591% | $1,850,685▲1.3% | $1,850,685▲1.3% | 990PF |
| 2014 | $0 | $26,423 | $1,827,562 | $1,827,562 | 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 Earl W and Patricia B Colvard Charitable Foundation (EIN 47-2686476) 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.