Richard D Carmel Char Remainder Tr is a 501(c)(3) organization based in Dallas, Texas, registered in 2000, with $68,414 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$68K
▲ 158.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$51K
Net assets
$822K
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 Richard D Carmel Char Remainder Tr— 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 Richard D Carmel Char Remainder Tr: 192 mo reserves · +25% 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 Richard D Carmel Char Remainder Tr— 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 Richard D Carmel Char Remainder Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $157K (FY2013) to $68K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
24.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$822K
Total liabilities
$0
Net assets
$822K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $68,414▲158% | $51,410▼5.5% | $822,119▲2.9% | $822,119▲2.9% | 990PF |
| 2023 | $26,521▲353% | $54,402▼4.2% | $799,330▼1.0% | $799,330▼1.0% | 990PF |
| 2022 | -$10,475▼107% | $56,811▼2.6% | $807,249▼6.3% | $807,249▼6.3% | 990PF |
| 2021 | $149,737▲191% | $58,309▲2.9% | $861,087▼3.9% | $861,087▼3.9% | 990PF |
| 2020 | $51,462▼70.1% | $56,643▲14.9% | $895,593▲12.6% | $895,593▲12.6% | 990PF |
| 2019 | $171,840▲1028% | $49,301▼3.2% | $795,684▼0.9% | $795,684▼0.9% | 990PF |
| 2018 | -$18,510▼131% | $50,949▲2.8% | $803,235▼1.4% | $803,235▼1.4% | 990PF |
| 2017 | $60,230▲92.0% | $49,567▲4.9% | $814,492▲5.3% | $814,492▲5.3% | 990PF |
| 2016 | $31,369▲21.5% | $47,250▼10.2% | $773,574▲0.5% | $773,574▲0.5% | 990PF |
| 2014 | $25,817▼83.6% | $52,640▲11.4% | $769,542▼2.1% | $769,542▼2.1% | 990PF |
| 2013 | $157,392 | $47,267 | $786,394 | $786,394 | 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 Richard D Carmel Char Remainder Tr (EIN 04-6741222) 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.