Clark And Helen Carmichael Foundation Inc
- Assets
- $85.3k
- Revenue
- $2.1k
- Investments
- $85.3k
- Employees
- 0
- Location
- Corning, IA
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 42-1525934
Organization Overview
Clark And Helen Carmichael Foundation Inc is located in Corning, IA. The organization was established in 2002. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark And Helen Carmichael Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Clark And Helen Carmichael Foundation Inc generated $2.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PRESENTED TO UNIVERSITIES FOR CORNING COMMUNITY SCHOOL SENIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clark Carmichael President | 0 | $0 | |
Audrey Carmichael Treasurer | 0 | $0 | |
Kristen Carmichael Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,086 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $250 |
| Contributions, gifts, grants paid | $2,200 |
| Total expenses and disbursements | $2,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $85,253 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $85,253 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Clark And Helen Carmichael Foundation Inc has awarded $2,200 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NORAH LUND PURPOSE: SCHOLARSHIP | $500 |
BLAKE THOMAS PURPOSE: SCHOLARSHIP | $500 |
SARAH SHIPLEY PURPOSE: SCHOLARSHIP | $300 |
SAMANTHA LARSEN PURPOSE: SCHOLARSHIP | $300 |
KARSYN POSTEN PURPOSE: SCHOLARSHIP | $300 |
KYLA MITCHELL PURPOSE: SCHOLARSHIP | $300 |
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|---|---|---|
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Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
St Paul City School St Paul, MN | $6,285,490 | $9,442,026 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |
City Garden Montessori School St Louis, MO | $12,889,488 | $6,696,246 |
Peoria Charter School Initiative Co Peoria, IL | $5,778,002 | $7,687,144 |
Cns International Ministries Inc Bethel, MO | $18,863,964 | $6,038,250 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
Omaha Early Learning Centers Inc Omaha, NE | $0 | $8,526,168 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |
American Academy Of Art Inc Chicago, IL | $17,980,705 | $6,234,752 |