James A Carroll Foundation
James A Carroll Foundation consistently spends more than it earns, relying on its $1M+ asset base.
EIN: 200335135 · Manchester, NH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $505K |
| Total Expenses | $78K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is James A Carroll Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James A Carroll Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About James A Carroll Foundation
James A Carroll Foundation (EIN: 200335135) is a nonprofit organization based in Manchester, NH, classified under NTEE code T22. The organization reported total revenue of $505K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James A Carroll Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James A Carroll Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $78K |
| Surplus / Deficit | $-64,774 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -482.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 164.1 months |
Financial Health Grade: B
In 2023, James A Carroll Foundation reported a deficit of $65K with expenses exceeding revenue, holds 164.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), James A Carroll Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.1% | -13.1% | -5.7% |
| 2022 | -81.4% | +0.3% | -4.0% |
| 2021 | +234.8% | +18.7% | +10.6% |
| 2020 | +24.5% | +2.3% | -1.3% |
| 2019 | -79.5% | -6.6% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates James A Carroll Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, James A Carroll Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is commendable for a foundation of its size with over $1 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of James A Carroll Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $78,192 expenses vs. $13,418 revenue in 2023.
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for James A Carroll Foundation:
- Strong asset base consistently over $1 million, providing financial stability.
- Zero reported officer compensation, indicating efficient use of funds at the leadership level.
- Extremely low liabilities ($1 across all periods), demonstrating excellent debt management.
- Consistent filing of IRS Form 990s, indicating good transparency.
Frequently Asked Questions about James A Carroll Foundation
Is James A Carroll Foundation a legitimate charity?
James A Carroll Foundation (EIN: 200335135) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $505K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does James A Carroll Foundation spend its money?
James A Carroll Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to James A Carroll Foundation tax-deductible?
James A Carroll Foundation is registered as a tax-exempt nonprofit (EIN: 200335135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the James A Carroll Foundation CEO make?
James A Carroll Foundation's highest-compensated officer earns $1 annually. The organization reported $505K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of James A Carroll Foundation's spending goes to programs?
James A Carroll Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does James A Carroll Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), James A Carroll Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James A Carroll Foundation located?
James A Carroll Foundation is headquartered in Manchester, New Hampshire and files with the IRS under EIN 200335135. It is classified under NTEE code T22.
How many years of IRS 990 filings does James A Carroll Foundation have?
James A Carroll Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $505K in total revenue.
Is the James A Carroll Foundation financially sustainable given its spending patterns?
The foundation has consistently spent more than its revenue in recent years (e.g., $78,192 expenses vs. $13,418 revenue in 2023). While its substantial asset base of over $1 million provides a buffer, this trend is not sustainable long-term without increased revenue or reduced expenses.
What is the primary source of the foundation's revenue?
The provided data shows fluctuating revenue, with some years significantly higher than others (e.g., $206,728 in 2021 vs. $13,418 in 2023). Without detailed 990 schedules, it's difficult to pinpoint the exact primary source, but the variability suggests reliance on investment income or specific grants rather than consistent public support.
How does the foundation manage its liabilities?
The foundation consistently reports liabilities of $1 across all available filings, indicating extremely low or virtually no debt, which is a strong positive financial indicator.
Filing History
IRS 990 filing history for James A Carroll Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James A Carroll Foundation's revenue has declined by 82.4%, moving from $76K to $13K. Total assets decreased by 2.4% over the same period, from $1.1M to $1.1M. Total functional expenses rose by 6.8%, from $73K to $78K. In its most recent filing year (2023), James A Carroll Foundation reported a deficit of $65K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $78K | $1.1M | $1 | — | — |
| 2022 | $38K | $90K | $1.1M | $1 | — | — |
| 2021 | $207K | $90K | $1.2M | $1 | — | — |
| 2020 | $62K | $76K | $1.1M | $1 | — | — |
| 2019 | $50K | $74K | $1.1M | $1 | — | View 990 |
| 2015 | $242K | $79K | $1.2M | $1 | — | View 990 |
| 2014 | $30K | $74K | $1.0M | $1 | — | View 990 |
| 2013 | $72K | $65K | $1.1M | $1 | — | View 990 |
| 2012 | $27K | $67K | $1.1M | $1 | — | View 990 |
| 2011 | $76K | $73K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $78K, and assets of $1.1M (revenue -65.1% year-over-year).
- 2022: Revenue of $38K, expenses of $90K, and assets of $1.1M (revenue -81.4% year-over-year).
- 2021: Revenue of $207K, expenses of $90K, and assets of $1.2M (revenue +234.8% year-over-year).
- 2020: Revenue of $62K, expenses of $76K, and assets of $1.1M (revenue +24.5% year-over-year).
- 2019: Revenue of $50K, expenses of $74K, and assets of $1.1M (revenue -79.5% year-over-year).
- 2015: Revenue of $242K, expenses of $79K, and assets of $1.2M (revenue +710.9% year-over-year).
- 2014: Revenue of $30K, expenses of $74K, and assets of $1.0M (revenue -58.6% year-over-year).
- 2013: Revenue of $72K, expenses of $65K, and assets of $1.1M (revenue +171.7% year-over-year).
- 2012: Revenue of $27K, expenses of $67K, and assets of $1.1M (revenue -65.3% year-over-year).
- 2011: Revenue of $76K, expenses of $73K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James A Carroll Foundation:
Data Sources and Methodology
This transparency report for James A Carroll 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.