Russell H & Maxine E Smith Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Russell H & Maxine E Smith Charitable Foundation is a 501(c)(3) organization based in Bay City, Michigan, registered in 1991, with $136,641 in FY2023 revenue. CharityIndex grades it C+.
1000 Adams St Ste 200, Bay City, MI, 48708 EIN 38-2978504 Since 1991
Revenue (FY2023)
$137K
▼ 9.0% vs prior year
Expenses (FY2023)
$158K
Net assets
$2.1M
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 Russell H & Maxine E Smith Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating156 mo reserves · -16% 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 Russell H & Maxine E Smith Charitable Foundation: 156 mo reserves · -16% margin earns a C+ 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 Russell H & Maxine E Smith Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Russell H & Maxine E Smith Charitable Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $198K (FY2013) to $137K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $2.1M
Operating margin
-15.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$0
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $136,641▼9.0% | $157,914▼22.1% | $2,058,104▼1.0% | $2,058,104▼1.0% | 990PF |
| 2022 | $150,203▼22.9% | $202,640▲9.3% | $2,079,377▼2.5% | $2,079,377▼2.5% | 990PF |
| 2021 | $194,765▲59.9% | $185,429▲17.3% | $2,131,814▲0.4% | $2,132,774▲0.5% | 990PF |
| 2020 | $121,842▼42.6% | $158,139▲5.0% | $2,122,478▼1.7% | $2,122,478▼1.7% | 990PF |
| 2019 | $212,377▼5.3% | $150,571▼2.2% | $2,158,775▲2.9% | $2,158,775▲2.9% | 990PF |
| 2018 | $224,150▲23.4% | $153,965▲4.0% | $2,096,969▲3.5% | $2,097,348▲3.5% | 990PF |
| 2017 | $181,609▲73.2% | $148,081▲3.3% | $2,026,784▲1.7% | $2,026,784▲1.7% | 990PF |
| 2016 | $104,879▼1.8% | $143,362▲1.7% | $1,993,256▼1.9% | $1,993,256▼1.9% | 990PF |
| 2015 | $106,760▼53.0% | $141,024▲32.5% | $2,031,739▼1.7% | $2,031,739▼1.7% | 990PF |
| 2014 | $226,938▲14.7% | $106,461▲11.1% | $2,066,003▲6.2% | $2,067,520▲6.1% | 990PF |
| 2013 | $197,883 | $95,804▼12.6% | $1,945,541▲5.5% | $1,948,107▲5.7% | 990PF |
| 2012 | — | $109,582▲16.2% | $1,843,462▲1.1% | $1,843,591▲1.1% | 990PF |
| 2011 | — | $94,344▲1.8% | $1,823,458▼1.8% | $1,823,458▼1.9% | 990PF |
| 2010 | — | $92,661 | $1,856,807 | $1,857,978 | 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 Russell H & Maxine E Smith Charitable Foundation a legitimate nonprofit?
- Yes. Russell H & Maxine E Smith Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2978504, based in Bay City, Michigan. Donations are tax-deductible.
- What is Russell H & Maxine E Smith Charitable Foundation's EIN?
- Russell H & Maxine E Smith Charitable Foundation's Employer Identification Number (EIN) is 38-2978504.
- How much revenue does Russell H & Maxine E Smith Charitable Foundation report?
- Russell H & Maxine E Smith Charitable Foundation reported $136,641 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Russell H & Maxine E Smith Charitable Foundation have?
- CharityIndex grades Russell H & Maxine E Smith Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Russell H & Maxine E Smith Charitable Foundation (EIN 38-2978504) 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.