Carr Cares Foundation Inc
- Assets
- $29.7k
- Revenue
- $28.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- 01/2013
- Data as of
- 02/2022
- EIN
- 46-0730451
Organization Overview
Carr Cares Foundation Inc is located in Frisco, TX. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carr Cares 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 02/2022, Carr Cares Foundation Inc generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $42.5k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL ENRICHMENT PROGRAMS TO ECONOMICALLY DISADVANTAGED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HOSTED CAMPS AND OTHER EVENTS THE MAIN PURPOSE OF WHICH WAS PHYSICAL FITNESS EDUCATION AND AWARENESS FOR ECONOMICALLY DISADVANTAGED CHILDREN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Carr Director | Trustee | 5 | $0 |
Troy Forte Director | Trustee | 5 | $0 |
Kelli Peterson Director | Trustee | 5 | $0 |
Nate Cavender Director | Trustee | 5 | $0 |
Russell Williams Director | Trustee | 5 | $0 |
Brenda Spencer Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,960 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,960 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,040 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $631 |
| Fees for services: Accounting | $1,268 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,829 |
| Office expenses | $358 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,266 |
| Travel | $880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,865 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $42,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,716 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,716 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $29,716 |
| Total liabilities and net assets/fund balances | $29,716 |
Grants Awarded
Over the last fiscal year, Carr Cares Foundation Inc has awarded $19,360 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS A&M UNIVERITY - COMMERCE PURPOSE: EDUCATIONAL AND ATHLETIC SCHOLARSHIPS | $7,460 |
Flint, MI PURPOSE: ASSISTANCE TO BETTER WELFARE OF CITIZENS OF FLINT, MICHIGAN | $6,400 |
Dallas, TX PURPOSE: EDUCATION ADVANCEMENT OF UNDERPRIVILEDGED CHILDREN | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carr Cares Foundation Inc has recieved totaling $19.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Families & Youth Inc Las Cruces, NM | $11,381,645 | $11,555,132 |
Lawrence Hall Health & Rehabilitation Walnut Ridge, AR | $6,640,497 | $11,158,374 |
Central Texas Opportunities Inc Coleman, TX | $2,982,785 | $9,804,598 |
Cross Creek Ranch Community Association Pipe Creek, TX | $12,075,216 | $10,341,783 |
Santa Maria El Mirador Santa Fe, NM | $9,562,818 | $9,385,452 |
Gulf Coast Housing Partnership Inc New Orleans, LA | $98,649,840 | $19,557,129 |
St Mary Community Action Committee Assn Inc Franklin, LA | $7,542,840 | $9,452,214 |
Yes On 805 Inc Oklahoma City, OK | $75,415 | $8,941,808 |
Economic Council Helping Others Inc Farmington, NM | $2,557,236 | $9,151,934 |
Food Bank Of Northeast Louisiana Inc Monroe, LA | $10,830,084 | $9,777,150 |
El Paso Human Services Inc El Paso, TX | $2,048,465 | $8,690,274 |
La Esperanza Clinic Inc San Angelo, TX | $7,768,382 | $8,258,391 |