Civic Intelligence

Robert N Carson 1

EIN 23-6205871 • 4947(a)1 • Pittsburgh, PA

Profile

Financial support of the carson valley school

500 First Ave P7-pfsc-03-zPittsburgh, PA 15219

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

22nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$5M-$10M nonprofits • Source year 2022

Net Margin

82nd percentile

40%

Higher net margin than 82% of similar nonprofits.

$5M-$10M nonprofits • Source year 2022

Top Officer Pay

61st percentile

$43,963

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

$5M-$10M nonprofits • Source year 2022

Asset Growth

44th percentile

2.0%

Faster asset growth than 44% of similar nonprofits.

$5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-36%

Faster revenue growth than 9% of similar nonprofits.

$5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$8,202,422

Down $23,861 (-0.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$8,202,422

Down $23,861 (-0.3%) from 2023

Revenue

Up

$280,366

Up $129,063 (+85%) from 2023

Expenses

Up

$289,711

Up $73,371 (+34%) from 2023

Net Income

Up

-$9,345

Up $55,692 (+86%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $5,130,839Liabilities 2010: $0Net Assets 2010: $5,130,8392010Assets 2011: $5,038,226Liabilities 2011: $0Net Assets 2011: $5,038,2262011Assets 2012: $4,912,924Liabilities 2012: $0Net Assets 2012: $4,912,9242012Assets 2013: $4,979,670Liabilities 2013: $0Net Assets 2013: $4,979,6702013Assets 2014: $4,482,353Liabilities 2014: $0Net Assets 2014: $4,482,3532014Assets 2015: $4,733,255Liabilities 2015: $0Net Assets 2015: $4,733,2552015Assets 2016: $4,718,824Liabilities 2016: $0Net Assets 2016: $4,718,8242016Assets 2017: $4,634,637Liabilities 2017: $0Net Assets 2017: $4,634,6372017Assets 2020: $7,905,155Liabilities 2020: $0Net Assets 2020: $7,905,1552020Assets 2021: $8,125,030Liabilities 2021: $0Net Assets 2021: $8,125,0302021Assets 2022: $8,284,991Liabilities 2022: $0Net Assets 2022: $8,284,9912022Assets 2023: $8,226,283Liabilities 2023: $0Net Assets 2023: $8,226,2832023Assets 2024: $8,202,422Liabilities 2024: $0Net Assets 2024: $8,202,4222024

Highlighted filing

2024

Assets$8,202,422
Liabilities$0
Net Assets$8,202,422

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $642,2152010Expenses 2011: $280,8322011Expenses 2012: $279,9732012Revenue 2013: $299,953Expenses 2013: $233,207Net Income 2013: $66,7462013Revenue 2014: $661,268Expenses 2014: $1,056,565Net Income 2014: -$395,2972014Revenue 2015: $517,834Expenses 2015: $267,169Net Income 2015: $250,6652015Revenue 2016: $224,053Expenses 2016: $238,244Net Income 2016: -$14,1912016Revenue 2017: $3,380,462Expenses 2017: $3,464,649Net Income 2017: -$84,1872017Revenue 2020: $873,102Expenses 2020: $1,195,007Net Income 2020: -$321,9052020Revenue 2021: $612,286Expenses 2021: $390,072Net Income 2021: $222,2142021Revenue 2022: $393,755Expenses 2022: $236,860Net Income 2022: $156,8952022Revenue 2023: $151,303Expenses 2023: $216,340Net Income 2023: -$65,0372023Revenue 2024: $280,366Expenses 2024: $289,711Net Income 2024: -$9,3452024

Highlighted filing

2024

Revenue$280,366
Expenses$289,711
Net Income-$9,345

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.20$0.00$8.20$0.28$0.29$0.01
2023Detailed filing. Detailed filing data is available for this year.$8.23$0.00$8.23$0.15$0.22$0.07
2022Detailed filing. Detailed filing data is available for this year.$8.28$0.00$8.28$0.39$0.24$0.16
2021Detailed filing. Detailed filing data is available for this year.$8.13$0.00$8.13$0.61$0.39$0.22
2020Detailed filing. Detailed filing data is available for this year.$7.91$0.00$7.91$0.87$1.20$0.32
2017Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$3.38$3.46$0.08
2016Detailed filing. Detailed filing data is available for this year.$4.72$0.00$4.72$0.22$0.24$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.73$0.00$4.73$0.52$0.27$0.25
2014Detailed filing. Detailed filing data is available for this year.$4.48$0.00$4.48$0.66$1.06$0.40
2013Detailed filing. Detailed filing data is available for this year.$4.98$0.00$4.98$0.30$0.23$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$0.00$4.91$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$0.00$5.04$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.00$5.13$0.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 12, 2025
Return Version
2024v5.1
Gross Receipts
$821,756
Mission and Program Overview

Mission

Financial support of the carson valley school

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$8,226,283--
Cap Stk Tr Prin Current Funds-$8,202,422-
Investments in Publicly Traded Securities$8,071,077$8,108,688▲ $37,611
Savings and Temporary Cash Investments$155,206$93,734▼ $61,472
Total Assets$8,226,283$8,202,422▼ $23,861
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,226,283$8,202,422▼ $23,861
Total Liabilities and Net Assets / Fund Balance$8,226,283$8,202,422▼ $23,861
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Pnc Bank N aCo-trusteePT$46,108$46,108

Board Members and Trustees

NameTitle
Jeffrey IdlerCo-trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$280,366
Other Revenue
$0
Change in Net Assets
$-9,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$139,129
Other Expenses$104,473
Salaries, Compensation, and Employee Benefits$46,109
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$139,129--$139,129
Fees for Services Legal-$65,134-$65,134
Current Officers, Directors, Trustees, and Key Employees$9,222$36,887-$46,109
Other Expenses-$22,735-$22,735
Fees for Services Other-$14,200-$14,200
Insurance-$1,187-$1,187
Total Functional Expenses$148,351$141,360$0$289,711
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carson Valley SchoolFlourtown, PA501(c)(3)General Financial Support$139,129
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

Robert n carson 1 trust is a trust fund and has no written policy regarding documentation of meetings and written actions of its governing body and committees with authority to act on its behalf.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

Robert n carson 1 trust is a trust fund and has no written policy regarding documentation of meetings and written actions of its governing body and committees with authority to act on its behalf.

Form 990, Page 6, Part VI, Line 11-description of Process for Review

Pnc bank as sole trustee of the trust prepares the tax returns for this trust. Thus, form 990 is prepared by the governing body.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

The conflict of interest policy of pnc charitiable trust requires an annual affirmation that it has been received, read, understood and agreed to be complied with. In addition, the policy requires an annual disclosure of the existence and nature of any affiliation in which a party would be considered an interested person under the policy.

Form 990, Page 6, Part VI, Line 18

Form 990 and related financial statements are made available through request.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Robert N Carson 1
EIN
23-6205871
Phone
4128076049
Address
500 FIRST AVE P7-PFSC-03-Z, PITTSBURGH, PA 15219

Signing Officer

Name
Pnc Bank N a
Title
Tax Manager
Phone
4128076049
Signed
2025-04-12
Discuss with paid preparer
Yes

Organization Details

Formed
1907
Legal Domicile
Pa
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
2100 ONE PPG PLACE, PITTSBURGH, PA 15222
Preparer
Jason Belot
Phone
3302555814
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

2023 transactions posted in 2024 of $5,987 less 2024 transactions posted in 2025 of $2,788 less prior year return of capital adjustment of $602 less cost adjustment from prior year return of capital of $17,113.

Raw XML AppendixShowing 400 of 411 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0598874
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IRS990/InsuranceGrp/ManagementAndGeneralAmt01187
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IRS990/InvestmentIncomeGrp/ExclusionAmt0222882
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Carson Valley School created this trust to benefit the school and appointed an outside trustee. Trustee administers the trust per the trust document and communicates with the supported organization regarding purpose of the trust and use of trust funds. Trustee further provides quarterly and yearly statements and other notices as appropriate and necessary.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The Trust was established before 11/20/1970 and did not receive any additional contributions, grants, requests, or other transfers on or after that date. The governing instrument requires the trust to distribute all of the net income to a designated public charity and the trustee has no discretion to vary the beneficiaries or the amounts payable to the beneficiaries.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2The trustees, none of which would be disqualified persons to this trust, makes annual written reports to the supported organization with respect to such trust setting forth a description of the assets of the trust including a detailed list of the income produced.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3While the supported organization relies on the experience and expertise of the Institutional Trustee to invest and manage the investments in the Trust, due to the close and continuous relationship, the supported organization has a significant voice in investment decisions.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Sch A, Section D, Line 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART V , LINE 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2SCHEDULE A, PART V , LINE 1 (CONTINUE)
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3Schedule A ,Part IV, Sec D, Line 3
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ROBERT N CARSON 1 IS A TRUST FUND THAT DISBURSES FUNDS ONLY TO QUALIFYING CHARITABLE ORGANIZATIONS AS DIRECTED BY THE TRUST'S GOVERNING INSTRUMENT TO BE USED ONLY IN ACCORDANCE WITH THE GOVERNING INSTRUMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT N CARSON 1 TRUST IS A TRUST FUND AND HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF ITS GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ROBERT N CARSON 1 TRUST IS A TRUST FUND AND HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF ITS GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PNC BANK AS SOLE TRUSTEE OF THE TRUST PREPARES THE TAX RETURNS FOR THIS TRUST. THUS, FORM 990 IS PREPARED BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY OF PNC CHARITIABLE TRUST REQUIRES AN ANNUAL AFFIRMATION THAT IT HAS BEEN RECEIVED, READ, UNDERSTOOD AND AGREED TO BE COMPLIED WITH. IN ADDITION, THE POLICY REQUIRES AN ANNUAL DISCLOSURE OF THE EXISTENCE AND NATURE OF ANY AFFILIATION IN WHICH A PARTY WOULD BE CONSIDERED AN INTERESTED PERSON UNDER THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt62023 transactions posted in 2024 of $5,987 less 2024 transactions posted in 2025 of $2,788 less prior year return of capital adjustment of $602 less cost adjustment from prior year return of capital of $17,113.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6EXPLANATION FOR FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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