Robert L Smith Jr Memorial Education Fund is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1991, with $2,714 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$2,714
▲ 1.1% vs prior year
Expenses (FY2024)
$6,086
Net assets
$50K
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 Robert L Smith Jr Memorial Education Fund— 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 Robert L Smith Jr Memorial Education Fund: 99 mo reserves · -124% 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 Robert L Smith Jr Memorial Education Fund— 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 Robert L Smith Jr Memorial Education Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $3,861 (FY2013) to $2,714 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-124.2%
Spent more than it raised in the latest fiscal year.
Total assets
$50K
Total liabilities
$0
Net assets
$50K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,714▲1.1% | $6,086▲26.3% | $50,120▼6.3% | $50,120▼6.3% | 990PF |
| 2023 | $2,684▲13.1% | $4,817▼38.9% | $53,492▼3.8% | $53,492▼3.8% | 990PF |
| 2022 | $2,373▼14.9% | $7,880▲31.9% | $55,625▼9.0% | $55,625▼9.0% | 990PF |
| 2021 | $2,790▼20.7% | $5,975▼8.2% | $61,132▼0.7% | $61,132▼0.7% | 990PF |
| 2020 | $3,520▼15.7% | $6,510▼6.1% | $61,543▼4.6% | $61,543▼4.6% | 990PF |
| 2019 | $4,174▲1.0% | $6,932▼25.8% | $64,533▼0.9% | $64,533▼0.9% | 990PF |
| 2018 | $4,133▲8.3% | $9,341▲183% | $65,141▼7.4% | $65,141▼7.4% | 990PF |
| 2017 | $3,818▲3.1% | $3,300▼24.1% | $70,349▲0.7% | $70,349▲0.7% | 990PF |
| 2016 | $3,704▲2.8% | $4,347▼8.8% | $69,831▼0.9% | $69,831▼0.9% | 990PF |
| 2015 | $3,603▲2.8% | $4,767▼9.0% | $70,474▼1.6% | $70,474▼1.6% | 990PF |
| 2014 | $3,505▼9.2% | $5,239▼12.8% | $71,638▼2.4% | $71,638▼2.4% | 990PF |
| 2013 | $3,861 | $6,010▼11.2% | $73,372▼2.8% | $73,372▼2.8% | 990PF |
| 2012 | — | $6,765 | $75,521 | $75,521 | 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 Robert L Smith Jr Memorial Education Fund (EIN 56-1709175) 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.