Michael J Carmichael Family Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Growing revenue
Michael J Carmichael Family Foundation Inc is a 501(c)(3) organization based in Bokeelia, Florida, registered in 1994, with $70,123 in FY2024 revenue. CharityIndex grades it D.
8115 Main St, Bokeelia, FL, 33922 EIN 59-3205746 Since 1994
Revenue (FY2024)
$70K
▲ 303.4% vs prior year
Expenses (FY2024)
$89K
Net assets
$9,019
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 Michael J Carmichael Family 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 →
DFinancial health25% of the rating1 mo reserves · -27% 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 Michael J Carmichael Family Foundation Inc: 1 mo reserves · -27% 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 Michael J Carmichael Family 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 →
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 Michael J Carmichael Family Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $46K (FY2013) to $70K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $9,019
Operating margin
-27.2%
Spent more than it raised in the latest fiscal year.
Total assets
$9,019
Total liabilities
$0
Net assets
$9,019
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $70,123▲303% | $89,212▲52.1% | $9,019▼67.9% | $9,019▼68.0% | 990PF |
| 2023 | $17,384▲44.8% | $58,666▲1095% | $28,108▼59.5% | $28,185▼59.4% | 990PF |
| 2022 | $12,008▲275% | $4,908▼65.9% | $69,391▲3.3% | $69,471▲3.2% | 990PF |
| 2021 | $3,202▼91.2% | $14,398▼26.5% | $67,200▼12.1% | $67,300▼12.1% | 990PF |
| 2020 | $36,346▲559% | $19,580▼46.0% | $76,487▲32.6% | $76,527▲25.7% | 990PF |
| 2019 | $5,514▼60.7% | $36,243▼12.8% | $57,675▼28.7% | $60,898▼24.7% | 990PF |
| 2018 | $14,026▼79.1% | $41,569▼54.4% | $80,878▼35.4% | $80,878▼35.4% | 990PF |
| 2017 | $67,089▼36.3% | $91,106▼13.6% | $125,275▼9.2% | $125,275▼9.3% | 990PF |
| 2016 | $105,254▲24.1% | $105,487▲47.3% | $137,978▼1.2% | $138,074▼5.7% | 990PF |
| 2015 | $84,793▲60.0% | $71,636▲8.6% | $139,676▲3.0% | $146,408▼4.1% | 990PF |
| 2014 | $52,994▲16.4% | $65,982▲88.4% | $135,638▼14.1% | $152,615▼3.4% | 990PF |
| 2013 | $45,510 | $35,017▼17.8% | $157,985▲17.6% | $157,985▲17.6% | 990PF |
| 2012 | — | $42,588▼38.7% | $134,303▲28.5% | $134,303▲28.5% | 990PF |
| 2011 | — | $69,435▼4.4% | $104,505▼6.8% | $104,505▼6.8% | 990PF |
| 2010 | — | $72,645 | $112,152 | $112,152 | 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.
Frequently asked questions
- Is Michael J Carmichael Family Foundation Inc a legitimate nonprofit?
- Yes. Michael J Carmichael Family Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-3205746, based in Bokeelia, Florida. Donations are tax-deductible.
- What is Michael J Carmichael Family Foundation Inc's EIN?
- Michael J Carmichael Family Foundation Inc's Employer Identification Number (EIN) is 59-3205746.
- How much revenue does Michael J Carmichael Family Foundation Inc report?
- Michael J Carmichael Family Foundation Inc reported $70,123 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael J Carmichael Family Foundation Inc have?
- CharityIndex grades Michael J Carmichael Family Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Michael J Carmichael Family Foundation Inc (EIN 59-3205746) 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.