Nancy D Carmichael Trust
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Nancy D Carmichael Trust is a 501(c)(92) organization based in Chicago, Illinois, with $436,051 in FY2024 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 74-6088829
Revenue (FY2024)
$436K
▲ 26.5% vs prior year
Expenses (FY2024)
$316K
Net assets
$4.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Nancy D Carmichael Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating174 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 Nancy D Carmichael Trust: 174 mo reserves · +27% margin earns a B+ 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 Nancy D Carmichael Trust— 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 Nancy D Carmichael Trust: 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 $333K (FY2017) to $436K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.6M
Operating margin
27.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.6M
Total liabilities
$0
Net assets
$4.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $436,051▲26.5% | $316,342▲1.9% | $4,580,795▲2.2% | $4,580,795▲2.2% | 990PF |
| 2023 | $344,679▲98.7% | $310,543▼8.5% | $4,482,498▲0.8% | $4,482,498▲0.8% | 990PF |
| 2022 | $173,441▼69.0% | $339,484▼10.6% | $4,448,714▼3.6% | $4,448,714▼3.6% | 990PF |
| 2021 | $559,775▲37.3% | $379,827▲26.8% | $4,615,770▲5.5% | $4,615,770▲5.5% | 990PF |
| 2020 | $407,809▲15.8% | $299,446▲0.5% | $4,376,040▲2.5% | $4,376,040▲2.5% | 990PF |
| 2019 | $352,279▲22.8% | $297,855▲5.0% | $4,268,469▲1.3% | $4,268,469▲1.3% | 990PF |
| 2018 | $286,938▼13.9% | $283,704▼0.3% | $4,213,234 | $4,213,234 | 990PF |
| 2017 | $333,419 | $284,546▲23.9% | $4,211,670▲11.4% | $4,211,670▲11.4% | 990PF |
| 2011 | — | $229,624▲20.1% | $3,782,332▲1.9% | $3,782,332▲1.9% | 990 |
| 2010 | — | $191,164 | $3,713,444 | $3,713,444 | 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.
Frequently asked questions
- Is Nancy D Carmichael Trust a legitimate nonprofit?
- Yes. Nancy D Carmichael Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 74-6088829, based in Chicago, Illinois.
- What is Nancy D Carmichael Trust's EIN?
- Nancy D Carmichael Trust's Employer Identification Number (EIN) is 74-6088829.
- How much revenue does Nancy D Carmichael Trust report?
- Nancy D Carmichael Trust reported $436,051 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Nancy D Carmichael Trust have?
- CharityIndex grades Nancy D Carmichael Trust C+, based on financial health (reserves and operating margin).
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Data for Nancy D Carmichael Trust (EIN 74-6088829) 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.