Joseph and Inez E Carbone Foundation Tr
Only null% goes to programs Strong reserves Declining revenue
Joseph and Inez E Carbone Foundation Tr is a 501(c)(3) organization based in Utica, New York, registered in 1995, with $185,256 in FY2024 revenue. CharityIndex grades it D.
291 Genesee Street, Utica, NY, 13501 EIN 16-1475079 Since 1995
Revenue (FY2024)
$185K
▲ 55.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$252K
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Joseph and Inez E Carbone Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating82 mo reserves · -36% margin
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 Joseph and Inez E Carbone Foundation Tr: 82 mo reserves · -36% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Joseph and Inez E Carbone Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Joseph and Inez E Carbone Foundation Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 291 Genesee Street, Utica, NY, 13501
- City
- Utica
- State
- New York
- Subcategory
- Philanthropy Programs
Financial trends
Revenue grew from $70K (FY2013) to $185K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $14KNet assets $1.7M
Operating margin
-36.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$14K
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $185,256▲55.8% | $251,986▼4.1% | $1,721,450▼3.7% | $1,735,850▼3.9% | 990PF |
| 2023 | $118,869▲160% | $262,637▲2.9% | $1,788,180▼7.4% | $1,806,310▼6.5% | 990PF |
| 2022 | $45,800▼83.3% | $255,150▲4.6% | $1,931,948▼9.8% | $1,932,198▼9.8% | 990PF |
| 2021 | $273,723▼17.9% | $243,852▲5.4% | $2,141,298▲1.4% | $2,141,548▲1.4% | 990PF |
| 2020 | $333,478▲12.3% | $231,369▲19.9% | $2,111,427▲5.1% | $2,112,944▲5.1% | 990PF |
| 2019 | $296,859▲129% | $192,952▲32.5% | $2,009,318▲5.5% | $2,010,287▲5.5% | 990PF |
| 2018 | $129,645▼1.5% | $145,663▲7.9% | $1,905,411▼0.8% | $1,905,424▼0.9% | 990PF |
| 2017 | $131,663▼76.9% | $134,993▲41.8% | $1,921,429▼0.2% | $1,923,389▼0.1% | 990PF |
| 2016 | $569,257▲37.3% | $95,167▼43.7% | $1,924,759▲32.7% | $1,925,773▲32.6% | 990PF |
| 2015 | $414,562▲334% | $169,007▲69.4% | $1,450,669▲20.4% | $1,451,922▲19.9% | 990PF |
| 2014 | $95,509▲36.6% | $99,743▲54.8% | $1,205,114▼0.4% | $1,210,614▲0.1% | 990PF |
| 2013 | $69,903 | $64,430▼9.9% | $1,209,348▲0.5% | $1,209,348▲0.5% | 990PF |
| 2012 | — | $71,545▼0.3% | $1,203,875▲7.0% | $1,203,875▲7.0% | 990PF |
| 2011 | — | $71,740▲56.9% | $1,125,186▲1.1% | $1,125,186▲1.1% | 990PF |
| 2010 | — | $45,734 | $1,112,812 | $1,112,812 | 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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Frequently asked questions
- Is Joseph and Inez E Carbone Foundation Tr a legitimate nonprofit?
- Yes. Joseph and Inez E Carbone Foundation Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-1475079, based in Utica, New York. Donations are tax-deductible.
- What is Joseph and Inez E Carbone Foundation Tr's EIN?
- Joseph and Inez E Carbone Foundation Tr's Employer Identification Number (EIN) is 16-1475079.
- How much revenue does Joseph and Inez E Carbone Foundation Tr report?
- Joseph and Inez E Carbone Foundation Tr reported $185,256 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph and Inez E Carbone Foundation Tr have?
- CharityIndex grades Joseph and Inez E Carbone Foundation Tr D, based on financial health (reserves and operating margin).
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Data for Joseph and Inez E Carbone Foundation Tr (EIN 16-1475079) 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.