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Mary E Carnrick Foundation EIN 56-2114068

Mary E Carnrick Foundation

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A private foundation based in Charlotte, NC. It reported about $4K in revenue for 2023. For fiscal year 2023 it reported $4K in revenue, $401K in expenses.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Charlotte, NC
Filings
4 on file (2020–2023)
Revenue
$4KFY2023
Expenses
$401K
Net assets
$0
People
0
Filings
4
Updates
0
More identity details & actions ⌄
EIN  56-2114068 Private foundation / grantmaker Charlotte, NC
Form 990 (PDF)
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Size
<$100K
What they do
A private foundation based in Charlotte, NC. It reported about $4K in revenue for 2023.
Money in and out
$4K revenue, $401K expenses
Bottom line
—
Grants paid & assets · FY2023
Total revenue
$4K
Pt VIII · Ln 12
Total expenses
$401K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$397K
Grants paid
365K
in FY2023
Grants made
32grants
total in period

Who They Fund

Part XV · grants paid · 32 grants · $365K · 2023–2023
Mothers of Murdered OffspringFY2023$20,000
Philips AcademyFY2023$20,000
Charlotte Family Housing INCNC · FY2023$20,000
Salvation Army Boys & Girls ClubFY2023$20,000
Loaves & FishesFY2023$15,000
Alliance Center for Education INCNC · FY2023$15,000
Charlotte Neuroscience FoundationFY2023$15,000
Second Harvest Food BankFY2023$10,000
Roof AboveFY2023$10,000
Greater Steps ScholarsFY2023$10,000
The Relatives Youth Crisis CenterFY2023$10,000
Nix-Sullivan ComplexFY2023$10,000
Project Life MovementFY2023$10,000
Care to Share Outreach Center INCNC · FY2023$10,000
Inner VisionFY2023$10,000
Answer ScholarshipsFY2023$10,000
Project One Scholarship FundNC · FY2023$10,000
UmarFY2023$10,000
See all 32 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV8
Average grantPart XV$11K
Median grantPart XV$10K
Largest grantPart XV$20K
Top cause focusNTEEEducation (6%)

Summary of the Filing

Part I · fiscal year 2023 · Form 990-PF
Revenue
$4K
FY2023▼ -98%
Expenses
$401K
FY2023▼ -54%
Total assets
$0
FY2023▼ -100%
Total liabilities
$0
FY2023
Total revenue
$4K
Pt VIII · Ln 12
Total expenses
$401K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Total assetsPt II$0

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMary E Carnrick Foundation
EINHdr · item D56-2114068
Principal addressHdr · item CCharlotte, NC
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported

Statement of Revenue

Part VIII
Investment income100%$4K
Total revenueLn 12$4K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.91 Operating & administrative $0.09
Grants & contributions paid91%$365K
Operating & administrative9%$36K
Total functional expensesLn 25$401K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $0
Foundation payout rate (grants ÷ total assets); 5% minimum-distribution rule
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $4K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $4K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $4K · Prior year $264K
-98%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4K · Expenses $401K
-9795%
Liabilities-to-Assets
Total liabilities — · Total assets $0
—
Net-asset ratio
Net assets $0 · Total assets $0
—
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $401K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -98%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$4K revenue · viewing · ⤓ 990 PDF
FY2022$264K revenue · ⤓ 990 PDF
FY2021$428K revenue · ⤓ 990 PDF
FY2020$313K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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