Mark E Smith Foundation is a 501(c)(3) organization based in Incline Vlg, Nevada, registered in 2009, with $12,530 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$13K
▲ 254.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$34K
Net assets
$306K
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 Mark E 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 Mark E Smith Foundation: 107 mo reserves · -174% 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 Mark E 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 Mark E Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $59K (FY2013) to $13K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-174.3%
Spent more than it raised in the latest fiscal year.
Total assets
$306K
Total liabilities
$0
Net assets
$306K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,530▲255% | $34,373▲432% | $306,120▼6.7% | $306,120▼6.7% | 990PF |
| 2023 | $3,533▼70.9% | $6,467▲24.7% | $327,963▼0.9% | $327,963▼0.9% | 990PF |
| 2022 | $12,148▲64.5% | $5,188▼76.1% | $330,898▲2.1% | $330,898▲2.1% | 990PF |
| 2021 | $7,384▼55.2% | $21,724▼4.1% | $323,938▼4.2% | $323,938▼4.2% | 990PF |
| 2020 | $16,476▼84.3% | $22,661▼57.1% | $338,275▼1.8% | $338,275▼1.8% | 990PF |
| 2019 | $104,801▲5.5% | $52,803▼48.7% | $344,521▲17.6% | $344,521▲17.6% | 990PF |
| 2018 | $99,324▲34.8% | $102,874▲90.7% | $292,889▼8.1% | $292,889▼8.1% | 990PF |
| 2017 | $73,665▲190% | $53,939▼22.0% | $318,709▲1.5% | $318,709▲1.5% | 990PF |
| 2016 | -$82,049▼496% | $69,135▼43.3% | $314,133▼35.8% | $314,133▼35.8% | 990PF |
| 2015 | $20,707▼71.7% | $121,993▼7.6% | $488,946▼13.8% | $488,946▼13.8% | 990PF |
| 2014 | $73,234▲23.8% | $132,048▲138% | $566,916▼8.8% | $566,916▼8.8% | 990PF |
| 2013 | $59,178 | $55,460▼5.3% | $621,339▲0.6% | $621,339▲0.6% | 990PF |
| 2012 | — | $58,555 | $617,621 | $617,621 | 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 Mark E Smith Foundation (EIN 26-3443305) 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.