Phillip O And Phyllis K Carruth Foundation
EIN: 710881085 · Russellville, AR · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $240K |
| Total Expenses | $217K |
| Net Assets | $4K |
Is Phillip O And Phyllis K Carruth Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Phillip O And Phyllis K Carruth Foundation
Phillip O And Phyllis K Carruth Foundation (EIN: 710881085) is a nonprofit organization based in Russellville, AR, classified under NTEE code T22. The organization reported total revenue of $240K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phillip O And Phyllis K Carruth Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phillip O And Phyllis K Carruth Foundation is a small nonprofit that has been operating for 25 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 56.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $217K |
| Surplus / Deficit | $-148,347 |
| Total Assets | $4K |
| Total Liabilities | $1 |
| Net Assets | $4K |
| Operating Margin | -217.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2019, Phillip O And Phyllis K Carruth Foundation reported a deficit of $148K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), Phillip O And Phyllis K Carruth Foundation's revenue has grown at a compound annual growth rate (CAGR) of 56.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +1120.1% | +2564.4% | -97.8% |
| 2015 | -73.6% | -1.3% | -1.4% |
| 2014 | +476.3% | +3.4% | +7.8% |
| 2012 | -214.9% | +15.3% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Phillip O And Phyllis K Carruth 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 Phillip O And Phyllis K Carruth 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $148K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Phillip O And Phyllis K Carruth Foundation
Is Phillip O And Phyllis K Carruth Foundation a legitimate charity?
Phillip O And Phyllis K Carruth Foundation (EIN: 710881085) is a registered tax-exempt nonprofit based in Arkansas. It has 6 years of IRS 990 filings on record. Total revenue: $240K. No red flags identified. Financial health grade: C.
How does Phillip O And Phyllis K Carruth Foundation spend its money?
Phillip O And Phyllis K Carruth Foundation reported $240K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Phillip O And Phyllis K Carruth Foundation tax-deductible?
Phillip O And Phyllis K Carruth Foundation is registered as a tax-exempt nonprofit (EIN: 710881085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Phillip O And Phyllis K Carruth Foundation located?
Phillip O And Phyllis K Carruth Foundation is headquartered in Russellville, Arkansas and files with the IRS under EIN 710881085. It is classified under NTEE code T22.
How many years of IRS 990 filings does Phillip O And Phyllis K Carruth Foundation have?
Phillip O And Phyllis K Carruth Foundation has 6 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 $240K in total revenue.
Filing History
IRS 990 filing history for Phillip O And Phyllis K Carruth Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Phillip O And Phyllis K Carruth Foundation's revenue has grown by 3535.5%, moving from $2K to $68K. Total assets decreased by 97.8% over the same period, from $181K to $4K. Total functional expenses rose by 2891.9%, from $7K to $217K. In its most recent filing year (2019), Phillip O And Phyllis K Carruth Foundation reported a deficit of $148K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $68K | $217K | $4K | $1 | — | View 990 |
| 2015 | $6K | $8K | $176K | $1 | — | View 990 |
| 2014 | $21K | $8K | $179K | $1 | — | View 990 |
| 2013 | $4K | $8K | $166K | $1 | — | View 990 |
| 2012 | $-2,156 | $8K | $170K | $1 | — | View 990 |
| 2011 | $2K | $7K | $181K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $68K, expenses of $217K, and assets of $4K (revenue +1120.1% year-over-year).
- 2015: Revenue of $6K, expenses of $8K, and assets of $176K (revenue -73.6% year-over-year).
- 2014: Revenue of $21K, expenses of $8K, and assets of $179K (revenue +476.3% year-over-year).
- 2013: Revenue of $4K, expenses of $8K, and assets of $166K.
- 2012: Revenue of $-2,156, expenses of $8K, and assets of $170K (revenue -214.9% year-over-year).
- 2011: Revenue of $2K, expenses of $7K, and assets of $181K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phillip O And Phyllis K Carruth Foundation:
Data Sources and Methodology
This transparency report for Phillip O And Phyllis K Carruth 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.