Garvie O and Kathleen S Chambers Family Foundation is a 501(c)(3) organization based in Greensboro, North Carolina, registered in 1999, with $35,134 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$35K
▲ 22.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$54K
Net assets
$1.1M
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 Garvie O and Kathleen S Chambers 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 Garvie O and Kathleen S Chambers Family Foundation: 245 mo reserves · -55% 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 Garvie O and Kathleen S Chambers 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 Garvie O and Kathleen S Chambers Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $12K (FY2013) to $35K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-54.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,134▲22.9% | $54,397▼33.2% | $1,112,183▼1.7% | $1,112,183▼1.7% | 990PF |
| 2023 | $28,597▲6.0% | $81,411▲7.0% | $1,131,446▼4.5% | $1,131,446▼4.5% | 990PF |
| 2022 | $26,969▲131% | $76,084▼16.8% | $1,184,260▼4.0% | $1,184,260▼4.0% | 990PF |
| 2021 | -$86,797▼476% | $91,500▲40.9% | $1,233,375▼12.6% | $1,233,375▼12.6% | 990PF |
| 2020 | $23,081▲1.3% | $64,950▼23.8% | $1,411,672▼2.9% | $1,411,672▼2.9% | 990PF |
| 2019 | $22,783▼6.5% | $85,200▲271% | $1,453,541▼4.1% | $1,453,541▼4.1% | 990PF |
| 2018 | $24,360▼97.9% | $22,975▼6.5% | $1,515,958▲0.1% | $1,515,958▲0.1% | 990PF |
| 2017 | $1,140,383▲52163% | $24,575▼0.6% | $1,514,573▲280% | $1,514,573▲280% | 990PF |
| 2016 | $2,182▲7.2% | $24,725▲9.0% | $398,765▼5.4% | $398,765▼5.4% | 990PF |
| 2015 | $2,036▼91.8% | $22,675▲9.7% | $421,308▼4.7% | $421,308▼4.7% | 990PF |
| 2014 | $24,910▲107% | $20,675▼6.2% | $441,947▲1.0% | $441,947▲1.0% | 990PF |
| 2013 | $12,046 | $22,050▼0.5% | $437,712▼2.2% | $437,712▼2.2% | 990PF |
| 2012 | — | $22,150▲39.2% | $447,716▲1.0% | $447,716▲1.0% | 990PF |
| 2011 | — | $15,917▲117% | $443,214▼2.1% | $443,214▼2.1% | 990PF |
| 2010 | — | $7,339 | $452,911 | $452,911 | 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 Garvie O and Kathleen S Chambers Family Foundation (EIN 56-6507267) 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.