Tom J & Edna Mae Carson Foundation is a 501(c)(3) organization based in Fort Smith, Arkansas, registered in 1990, with $836,925 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$837K
▼ 42.9% vs prior year
Expenses (FY2024)
$684K
Net assets
$9.6M
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 Tom J & Edna Mae Carson 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 Tom J & Edna Mae Carson Foundation: 168 mo reserves · +18% 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 Tom J & Edna Mae Carson 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 Tom J & Edna Mae Carson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.1M (FY2013) to $837K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
18.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.6M
Total liabilities
$0
Net assets
$9.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $836,925▼42.9% | $684,098▼37.7% | $9,553,034▲6.6% | $9,553,034▲6.6% | 990PF |
| 2023 | $1,464,567▼12.6% | $1,098,897▼30.7% | $8,961,879▼5.2% | $8,961,879▼5.2% | 990PF |
| 2022 | $1,675,034▼7.6% | $1,585,145▲72.6% | $9,453,785▼1.2% | $9,453,785▼1.2% | 990PF |
| 2021 | $1,812,005▲93.6% | $918,171▼5.2% | $9,565,929▲3.3% | $9,565,929▲3.3% | 990PF |
| 2020 | $935,954▲81.3% | $968,978▼12.6% | $9,259,495▼1.2% | $9,259,495▼1.2% | 990PF |
| 2016 | $516,305▼93.6% | $1,108,483▲25.7% | $9,373,833▼5.9% | $9,373,833▼5.9% | 990PF |
| 2015 | $8,057,406▲1987% | $881,541▲9.8% | $9,966,011▲254% | $9,966,011▲244% | 990PF |
| 2014 | $386,026▼66.0% | $802,641▲16.3% | $2,811,470▼12.9% | $2,900,146▼10.0% | 990PF |
| 2013 | $1,134,263 | $690,438▲13.4% | $3,228,085▲15.5% | $3,223,441▲15.8% | 990PF |
| 2012 | — | $608,844 | $2,794,500 | $2,783,955 | 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 Tom J & Edna Mae Carson Foundation (EIN 58-1880469) 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.