Mason G Smoak Foundation Inc is a 501(c)(3) organization based in Lake Placid, Florida, registered in 2009, with $124,901 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$125K
▲ 4.2% vs prior year
Human Services median: $293K
Expenses (FY2024)
$114K
Net assets
$703K
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 Mason G Smoak Foundation Inc— 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 Mason G Smoak Foundation Inc: 74 mo reserves · +8% 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 Mason G Smoak Foundation Inc— 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 Mason G Smoak Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $126K (FY2013) to $125K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
8.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$706K
Total liabilities
$2,752
Net assets
$703K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $124,901▲4.2% | $114,298▼2.0% | $703,218▲1.5% | $705,970▲1.8% | 990 |
| 2023 | $119,909▼23.2% | $116,673▼0.6% | $692,615▲0.5% | $693,636▲0.5% | 990 |
| 2022 | $156,087▼8.8% | $117,326▲0.9% | $689,379▲6.0% | $690,384▲5.9% | 990 |
| 2021 | $171,189▲26.9% | $116,236▲1.1% | $650,618▲9.2% | $652,051▲9.0% | 990 |
| 2020 | $134,900▲10.3% | $114,966▲5.3% | $595,665▲3.5% | $598,135▲3.7% | 990 |
| 2019 | $122,273▲5.9% | $109,174▼0.8% | $575,731▲2.3% | $576,783▲2.3% | 990 |
| 2018 | $115,487▼49.9% | $110,012▲2.2% | $562,632▲1.0% | $563,885▲1.1% | 990 |
| 2017 | $230,305▲96.7% | $107,651▲2.9% | $557,157▲28.2% | $557,878▲28.1% | 990 |
| 2016 | $117,067▲12.4% | $104,589▲11.5% | $434,503▲3.0% | $435,635▲3.0% | 990 |
| 2015 | $104,149▼3.9% | $93,813▲8.5% | $422,025▲2.5% | $422,911▲2.5% | 990 |
| 2014 | $108,379▼13.8% | $86,441▲0.4% | $411,689▲5.6% | $412,461▲5.4% | 990 |
| 2013 | $125,672 | $86,134▼0.9% | $389,751▲11.3% | $391,401▲11.0% | 990 |
| 2012 | — | $86,946▲28.9% | $350,213▲12.4% | $352,713▲12.5% | 990 |
| 2011 | — | $67,443▲31.9% | $311,463▲22.2% | $313,397▲23.0% | 990 |
| 2010 | — | $51,130 | $254,805 | $254,805 | 990 |
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.
2 grants to Mason G Smoak Foundation Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Fdn of Middle Tn Inc | Human services | 2015 | $5,000 |
| The Miami Foundation Inc | Weisser family fund | 2014 | $5,000 |
Explore more
Data for Mason G Smoak Foundation Inc (EIN 26-4287497) 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.