Larry & Victoria Smith Foundation Ltd is a 501(c)(3) organization based in Lincolnshire, Illinois, registered in 1994, with $21,518 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$22K
▲ 78.0% vs prior year
Expenses (FY2024)
$99K
Net assets
$568K
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 Larry & Victoria Smith Foundation Ltd— 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 Larry & Victoria Smith Foundation Ltd: 69 mo reserves · -362% 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 Larry & Victoria Smith Foundation Ltd— 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 Larry & Victoria Smith Foundation Ltd: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $78K (FY2013) to $22K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-362.0%
Spent more than it raised in the latest fiscal year.
Total assets
$568K
Total liabilities
$0
Net assets
$568K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,518▲78.0% | $99,404▼0.9% | $568,413▼12.1% | $568,413▼12.1% | 990PF |
| 2023 | $12,092▲4463% | $100,262▼0.4% | $646,299▼12.0% | $646,299▼12.0% | 990PF |
| 2022 | $265▼99.7% | $100,621▼3.1% | $734,469▼12.0% | $734,469▼12.0% | 990PF |
| 2021 | $81,373▲102% | $103,842▼11.1% | $834,825▼2.6% | $834,825▼2.6% | 990PF |
| 2020 | $40,375▲96.2% | $116,823▲6.1% | $857,294▼8.2% | $857,294▼8.2% | 990PF |
| 2019 | $20,575▼68.6% | $110,087▲20.2% | $933,742▼8.7% | $933,742▼8.7% | 990PF |
| 2018 | $65,451▲48.8% | $91,585▲0.1% | $1,023,254▼2.5% | $1,023,254▼2.5% | 990PF |
| 2017 | $43,987▲281% | $91,469▼10.0% | $1,049,388▼4.3% | $1,049,388▼4.3% | 990PF |
| 2016 | $11,540▼75.2% | $101,675▲5.9% | $1,096,870▼7.6% | $1,096,870▼7.6% | 990PF |
| 2015 | $46,561▼45.8% | $95,983▼5.7% | $1,187,005▼8.7% | $1,187,005▼8.7% | 990PF |
| 2014 | $85,892▲9.5% | $101,806▲11.7% | $1,299,595▼4.6% | $1,299,595▼4.6% | 990PF |
| 2013 | $78,423 | $91,122▼3.3% | $1,362,296▲0.5% | $1,362,296▲0.5% | 990PF |
| 2012 | — | $94,279▲35.6% | $1,355,397▲4.4% | $1,355,397▲4.4% | 990PF |
| 2011 | — | $69,542▲29.7% | $1,297,969▼5.0% | $1,297,969▼5.0% | 990PF |
| 2010 | — | $53,634 | $1,366,714 | $1,366,714 | 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 Larry & Victoria Smith Foundation Ltd (EIN 36-3930242) 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.