The Charles & Carol Smith Foundation is a 501(c)(3) organization based in Santa Monica, California, registered in 1988, with $1,999 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$1,999
▼ 98.1% vs prior year
Expenses (FY2024)
$40K
Net assets
$246K
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 The Charles & Carol Smith Foundation— 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 The Charles & Carol Smith Foundation: 73 mo reserves · -1917% 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 The Charles & Carol Smith Foundation— 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 The Charles & Carol Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $25K (FY2014) to $1,999 (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-1917.4%
Spent more than it raised in the latest fiscal year.
Total assets
$246K
Total liabilities
$0
Net assets
$246K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,999▼98.1% | $40,328▲735% | $245,656▼13.5% | $245,656▼13.5% | 990PF |
| 2023 | $103,869▲109% | $4,831▲258% | $283,985▲53.5% | $283,985▲53.5% | 990PF |
| 2022 | $49,646▲249% | $1,351▼84.6% | $184,947▲35.3% | $184,947▲35.3% | 990PF |
| 2021 | $14,245▲2302% | $8,772▲439% | $136,652▲4.2% | $136,652▲4.2% | 990PF |
| 2020 | $593▲193% | $1,626▼86.5% | $131,179▼0.8% | $131,179▼0.8% | 990PF |
| 2019 | -$640▼389% | $12,010▲12.6% | $132,212▼8.7% | $132,212▼8.7% | 990PF |
| 2018 | -$131▼101% | $10,662▲16.0% | $144,862▼6.9% | $144,862▼6.9% | 990PF |
| 2017 | $25,097▼44.3% | $9,194▼52.6% | $155,655▲11.4% | $155,655▲11.4% | 990PF |
| 2016 | $45,066▼0.1% | $19,393▲10.4% | $139,752▲22.5% | $139,752▲22.5% | 990PF |
| 2015 | $45,102▲80.1% | $17,563▲110% | $114,079▲31.8% | $114,079▲31.8% | 990PF |
| 2014 | $25,037 | $8,379 | $86,540 | $86,540 | 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 The Charles & Carol Smith Foundation (EIN 95-4137627) 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.