Scarlett Family Foundation A New Jersey Nonprofit Corporation
Scarlett Family Foundation: Declining Assets and Revenue Raise Sustainability Concerns
EIN: 222936941 · Winston Salem, NC · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $13K |
| Program Spending | 75% |
| Net Assets | $2K |
| Transparency Score | 45/100 |
Is Scarlett Family Foundation A New Jersey Nonprofit Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scarlett Family Foundation A New Jersey Nonprofit Corporation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scarlett Family Foundation A New Jersey Nonprofit Corporation
Scarlett Family Foundation A New Jersey Nonprofit Corporation (EIN: 222936941) is a nonprofit organization based in Winston Salem, NC. The organization reported total revenue of $2K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scarlett Family Foundation A New Jersey Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scarlett Family Foundation A New Jersey Nonprofit Corporation is a micro nonprofit that has been operating for 36 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -9.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $13K |
| Surplus / Deficit | +$1K |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 10.6% |
| Months of Reserves | 2.2 months |
Financial Health Grade: A
In 2019, Scarlett Family Foundation A New Jersey Nonprofit Corporation reported a surplus of $1K with revenue exceeding expenses, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2019), Scarlett Family Foundation A New Jersey Nonprofit Corporation's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -33.3% | -29.9% | -49.8% |
| 2015 | -8.7% | -19.8% | +234.8% |
| 2014 | -4.2% | -9.2% | +119.0% |
| 2013 | +9.1% | +13.6% | -46.2% |
| 2012 | -26.7% | -30.3% | +58.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Scarlett Family Foundation A New Jersey Nonprofit Corporation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Scarlett Family Foundation A New Jersey Nonprofit Corporation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data.
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 Scarlett Family Foundation A New Jersey Nonprofit Corporation's IRS 990 filings:
- Significant decline in revenue from $30,000 in 2011 to $14,000 in 2019, and assets from $4,466 in 2015 to $2,243 in 2019, indicating potential financial instability.
- Lack of recent financial data beyond 2019 makes current financial health difficult to ascertain.
- The provided data does not detail program activities or impact, making it hard to evaluate effectiveness.
Strengths
The following positive indicators were identified for Scarlett Family Foundation A New Jersey Nonprofit Corporation:
- Historically low liabilities reported across all available years, suggesting responsible debt management.
- Consistent operation over several years (2011-2019) despite financial fluctuations.
Frequently Asked Questions about Scarlett Family Foundation A New Jersey Nonprofit Corporation
Is Scarlett Family Foundation A New Jersey Nonprofit Corporation a legitimate charity?
Scarlett Family Foundation A New Jersey Nonprofit Corporation (EIN: 222936941) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 45/100. It has 6 years of IRS 990 filings on record. Total revenue: $2K. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Scarlett Family Foundation A New Jersey Nonprofit Corporation spend its money?
Scarlett Family Foundation A New Jersey Nonprofit Corporation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Scarlett Family Foundation A New Jersey Nonprofit Corporation tax-deductible?
Scarlett Family Foundation A New Jersey Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 222936941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Scarlett Family Foundation A New Jersey Nonprofit Corporation's spending goes to programs?
Scarlett Family Foundation A New Jersey Nonprofit Corporation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Scarlett Family Foundation A New Jersey Nonprofit Corporation located?
Scarlett Family Foundation A New Jersey Nonprofit Corporation is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 222936941.
How many years of IRS 990 filings does Scarlett Family Foundation A New Jersey Nonprofit Corporation have?
Scarlett Family Foundation A New Jersey Nonprofit Corporation 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 $2K in total revenue.
What does Scarlett Family Foundation A New Jersey Nonprofit Corporation do?
Scarlett Family Foundation A New Jersey Nonprofit Corporation is a nonprofit organization in the Unknown sector, located in Winston Salem, North Carolina. It is classified under NTEE code Unknown.
How much revenue does Scarlett Family Foundation A New Jersey Nonprofit Corporation have?
Scarlett Family Foundation A New Jersey Nonprofit Corporation reported total revenue of $2,000. Based on 6 IRS 990 filings on record.
What are Scarlett Family Foundation A New Jersey Nonprofit Corporation's total assets?
Scarlett Family Foundation A New Jersey Nonprofit Corporation holds total assets of $3,622 as reported in IRS 990 filings.
Where is Scarlett Family Foundation A New Jersey Nonprofit Corporation located?
Scarlett Family Foundation A New Jersey Nonprofit Corporation is based in Winston Salem, North Carolina.
What is Scarlett Family Foundation A New Jersey Nonprofit Corporation's EIN?
Scarlett Family Foundation A New Jersey Nonprofit Corporation's Employer Identification Number (EIN) is 222936941. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Scarlett Family Foundation A New Jersey Nonprofit Corporation?
Scarlett Family Foundation A New Jersey Nonprofit Corporation is classified under NTEE code Unknown (Unknown).
Is Scarlett Family Foundation A New Jersey Nonprofit Corporation a registered 501(c)(3)?
Scarlett Family Foundation A New Jersey Nonprofit Corporation appears in IRS records (EIN: 222936941). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Scarlett Family Foundation A New Jersey Nonprofit Corporation file IRS Form 990?
Yes, Scarlett Family Foundation A New Jersey Nonprofit Corporation has 6 IRS Form 990 filings on record. The most recent covers tax period 201912.
What was Scarlett Family Foundation A New Jersey Nonprofit Corporation's revenue in 2019?
In the 201912 filing period, Scarlett Family Foundation A New Jersey Nonprofit Corporation reported total revenue of $14,000, total expenses of $12,519, and net assets of $2,243.
Is Scarlett Family Foundation A New Jersey Nonprofit Corporation's revenue growing or declining?
Scarlett Family Foundation A New Jersey Nonprofit Corporation's revenue is declining. Revenue went from $21,000 (201512) to $14,000 (201912), a -33.3% change. Based on 6 filings on record.
What is Scarlett Family Foundation A New Jersey Nonprofit Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Scarlett Family Foundation A New Jersey Nonprofit Corporation covers tax period 201912. It shows revenue of $14,000, expenses of $12,519, total assets of $2,243, and liabilities of N/A.
How much does Scarlett Family Foundation A New Jersey Nonprofit Corporation spend on programs vs administration?
Based on IRS 990 analysis, Scarlett Family Foundation A New Jersey Nonprofit Corporation allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Scarlett Family Foundation A New Jersey Nonprofit Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Scarlett Family Foundation A New Jersey Nonprofit Corporation shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 2 strengths noted.
What are the red flags for Scarlett Family Foundation A New Jersey Nonprofit Corporation?
The following concerns were identified: Significant decline in revenue from $30,000 in 2011 to $14,000 in 2019, and assets from $4,466 in 2015 to $2,243 in 2019, indicating potential financial instability.. Lack of recent financial data beyond 2019 makes current financial health difficult to ascertain.. The provided data does not detail program activities or impact, making it hard to evaluate effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Scarlett Family Foundation A New Jersey Nonprofit Corporation's strengths?
Positive indicators for Scarlett Family Foundation A New Jersey Nonprofit Corporation include: Historically low liabilities reported across all available years, suggesting responsible debt management.. Consistent operation over several years (2011-2019) despite financial fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does Scarlett Family Foundation A New Jersey Nonprofit Corporation compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the consistent decline in revenue and assets, and what strategies are in place to reverse this trend?
The provided data does not offer insights into the causes of the decline or specific strategies. Further investigation into their fundraising efforts and investment performance would be necessary.
Given the 'A New Jersey Nonprofit Corporation' designation and 'Winston Salem, NC' location, what is the primary operational base and how does this impact local community engagement?
The dual location information suggests either a registered office in New Jersey with operations in North Carolina, or a change in location. Clarification is needed to understand their primary operational focus and local impact.
Filing History
IRS 990 filing history for Scarlett Family Foundation A New Jersey Nonprofit Corporation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Scarlett Family Foundation A New Jersey Nonprofit Corporation's revenue has declined by 53.3%, moving from $30K to $14K. Total assets increased by 213.3% over the same period, from $716 to $2K. Total functional expenses fell by 59.6%, from $31K to $13K. In its most recent filing year (2019), Scarlett Family Foundation A New Jersey Nonprofit Corporation reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $14K | $13K | $2K | $0 | — | View 990 |
| 2015 | $21K | $18K | $4K | $0 | — | View 990 |
| 2014 | $23K | $22K | $1K | $0 | — | View 990 |
| 2013 | $24K | $25K | $609 | $0 | — | View 990 |
| 2012 | $22K | $22K | $1K | $0 | — | View 990 |
| 2011 | $30K | $31K | $716 | $502 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $14K, expenses of $13K, and assets of $2K (revenue -33.3% year-over-year).
- 2015: Revenue of $21K, expenses of $18K, and assets of $4K (revenue -8.7% year-over-year).
- 2014: Revenue of $23K, expenses of $22K, and assets of $1K (revenue -4.2% year-over-year).
- 2013: Revenue of $24K, expenses of $25K, and assets of $609 (revenue +9.1% year-over-year).
- 2012: Revenue of $22K, expenses of $22K, and assets of $1K (revenue -26.7% year-over-year).
- 2011: Revenue of $30K, expenses of $31K, and assets of $716.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scarlett Family Foundation A New Jersey Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Scarlett Family Foundation A New Jersey Nonprofit Corporation 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.