William H & Patricia M Smith Foundation
Only null% goes to programs Strong reserves Declining revenue
William H & Patricia M Smith Foundation is a 501(c)(3) organization based in Louisville, Kentucky, registered in 1995, with $399,106 in FY2024 revenue. CharityIndex grades it C.
8807 Juniper Springs Pl, Louisville, KY, 40242 EIN 38-3213042 Since 1995
Revenue (FY2024)
$399K
▼ 74.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$449K
Net assets
$6.9M
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 William H & Patricia M 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 →
C+Financial health25% of the rating185 mo reserves · -12% 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 William H & Patricia M Smith Foundation: 185 mo reserves · -12% 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 William H & Patricia M 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 →
DTransparency10% of the rating1 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 William H & Patricia M Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8807 Juniper Springs Pl, Louisville, KY, 40242
- City
- Louisville
- State
- Kentucky
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $108K (FY2013) to $399K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6.9M
Operating margin
-12.4%
Spent more than it raised in the latest fiscal year.
Total assets
$6.9M
Total liabilities
$0
Net assets
$6.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $399,106▼74.8% | $448,579▲6.3% | $6,922,591▼0.7% | $6,922,591▼0.7% | 990PF |
| 2023 | $1,580,680▲520% | $422,087▼4.9% | $6,972,064▲19.9% | $6,972,064▲19.9% | 990PF |
| 2022 | $255,008▼80.8% | $444,041▲4.8% | $5,813,471▼3.1% | $5,813,471▼3.1% | 990PF |
| 2021 | $1,327,712▲40.4% | $423,680▲17.8% | $6,002,504▲17.7% | $6,002,504▲17.7% | 990PF |
| 2020 | $945,454▲1314% | $359,668▲583% | $5,100,539▲202% | $5,100,539▲202% | 990PF |
| 2014 | $66,842▼38.3% | $52,685▼40.7% | $1,688,369▲0.8% | $1,688,369▲0.8% | 990PF |
| 2013 | $108,248 | $88,794 | $1,674,212▲1.2% | $1,674,212▲1.2% | 990PF |
| 2012 | — | $88,821▼70.9% | $1,654,758▲13.5% | $1,654,758▲13.5% | 990PF |
| 2011 | — | $305,222▲108% | $1,458,334▼16.1% | $1,458,334▼16.1% | 990PF |
| 2010 | — | $146,949▼22.8% | $1,737,960▼8.8% | $1,737,960▼8.8% | 990PF |
| 2009 | — | $190,287 | $1,906,024 | $1,906,024 | 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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Frequently asked questions
- Is William H & Patricia M Smith Foundation a legitimate nonprofit?
- Yes. William H & Patricia M Smith Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3213042, based in Louisville, Kentucky. Donations are tax-deductible.
- What is William H & Patricia M Smith Foundation's EIN?
- William H & Patricia M Smith Foundation's Employer Identification Number (EIN) is 38-3213042.
- How much revenue does William H & Patricia M Smith Foundation report?
- William H & Patricia M Smith Foundation reported $399,106 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William H & Patricia M Smith Foundation have?
- CharityIndex grades William H & Patricia M Smith Foundation C, based on financial health (reserves and operating margin).
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Data for William H & Patricia M Smith Foundation (EIN 38-3213042) 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.