James C and Norma I Smith Foundation is a 501(c)(3) organization based in Dallas, Texas, registered in 2003, with $20,321,982 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$20.3M
▼ 53.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4.5M
Net assets
$76.4M
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 James C and Norma I Smith 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 James C and Norma I Smith Foundation: 202 mo reserves · +78% 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 James C and Norma I Smith 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 James C and Norma I Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $420K (FY2013) to $20.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
77.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$76.4M
Total liabilities
$0
Net assets
$76.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,321,982▼53.3% | $4,532,583▲22.2% | $76,433,079▼25.0% | $76,433,079▼25.0% | 990PF |
| 2023 | $43,513,006▲741% | $3,708,441▲21.9% | $101,891,224▲1479% | $101,891,224▲1479% | 990PF |
| 2022 | $5,171,757▲30.4% | $3,042,401▲20.6% | $6,451,281▼91.1% | $6,451,281▼91.1% | 990PF |
| 2021 | $3,965,002▲142% | $2,523,214▲84.4% | $72,872,897▲14.8% | $72,872,897▲12.2% | 990PF |
| 2020 | $1,641,141 | $1,368,679▼11.3% | $63,478,235▲106% | $64,928,235▲101% | 990PF |
| 2019 | $0▼100% | $1,543,483▲8.1% | $30,810,048▼9.8% | $32,260,048▼5.5% | 990PF |
| 2018 | $1,439,822▲11.9% | $1,428,180▲17.2% | $34,146,205▲4.8% | $34,146,205▲4.8% | 990PF |
| 2017 | $1,286,970▲44.6% | $1,218,874▲18.5% | $32,594,050▲26.9% | $32,594,050▲26.9% | 990PF |
| 2016 | $890,000▲642% | $1,028,294▲16.8% | $25,681,584▲16.7% | $25,681,584▲16.7% | 990PF |
| 2015 | $120,000▼90.1% | $880,642▲222% | $22,000,038▲5.9% | $22,000,038▲5.9% | 990PF |
| 2014 | $1,210,000▲188% | $273,583▼32.3% | $20,775,892▲14.5% | $20,775,892▲14.5% | 990PF |
| 2013 | $420,000 | $404,035▲13.1% | $18,152,415▲32.3% | $18,152,415▲32.3% | 990PF |
| 2012 | — | $357,265 | $13,722,573 | $13,722,573 | 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 James C and Norma I Smith Foundation (EIN 71-0938986) 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.