Ed And Kathy Carpenter Foundation
EIN: 460676575 · Cumberland, RI · NTEE: W12
| Metric | Value |
|---|---|
| Total Expenses | $11K |
| Net Assets | $1K |
Is Ed And Kathy Carpenter Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ed And Kathy Carpenter Foundation
Ed And Kathy Carpenter Foundation (EIN: 460676575) is a nonprofit organization based in Cumberland, RI, classified under NTEE code W12. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ed And Kathy Carpenter Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ed And Kathy Carpenter Foundation is a micro nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2013–2014). Revenue has grown at a compound annual rate of 47.0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $11K |
| Surplus / Deficit | $-524 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -5.0% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2014, Ed And Kathy Carpenter Foundation reported a deficit of $524 with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2013–2014), Ed And Kathy Carpenter Foundation's revenue has grown at a compound annual growth rate (CAGR) of 47.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +47.0% | +72.7% | -32.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1278 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ed And Kathy Carpenter Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ed And Kathy Carpenter Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $524, with expenses exceeding revenue.
Frequently Asked Questions about Ed And Kathy Carpenter Foundation
Is Ed And Kathy Carpenter Foundation a legitimate charity?
Ed And Kathy Carpenter Foundation (EIN: 460676575) is a registered tax-exempt nonprofit based in Rhode Island. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Ed And Kathy Carpenter Foundation spend its money?
Ed And Kathy Carpenter Foundation reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ed And Kathy Carpenter Foundation tax-deductible?
Ed And Kathy Carpenter Foundation is registered as a tax-exempt nonprofit (EIN: 460676575). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ed And Kathy Carpenter Foundation located?
Ed And Kathy Carpenter Foundation is headquartered in Cumberland, Rhode Island and files with the IRS under EIN 460676575. It is classified under NTEE code W12.
How many years of IRS 990 filings does Ed And Kathy Carpenter Foundation have?
Ed And Kathy Carpenter Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Ed And Kathy Carpenter Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2013–2014), Ed And Kathy Carpenter Foundation's revenue has grown by 47%, moving from $7K to $10K. Total assets decreased by 32% over the same period, from $2K to $1K. Total functional expenses rose by 72.7%, from $6K to $11K. In its most recent filing year (2014), Ed And Kathy Carpenter Foundation reported a deficit of $524, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $10K | $11K | $1K | $0 | — | View 990 |
| 2013 | $7K | $6K | $2K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ed And Kathy Carpenter Foundation:
Data Sources and Methodology
This transparency report for Ed And Kathy Carpenter Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.