Civic Intelligence

The Steve Smith Family Foundation

EIN 30-0778749 • 501(c)3 • Charlotte, NC

Profile

The Steve Smith Foundation focuses on the mental health and wellness of families and underserved communities.

616 Colannade Drive Suite BCharlotte, NC 28205

www.stevesmithfamilyfdn.org

Siviq Scores

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

Liabilities / Assets

96th percentile

0.47x

Higher debt load relative to assets than 96% of similar nonprofits.

NTEE T • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

7.87x

Higher debt load relative to revenue than 99% of similar nonprofits.

NTEE T • $5M-$10M nonprofits • Source year 2024

Net Margin

27th percentile

-23%

Higher net margin than 27% of similar nonprofits.

NTEE T • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$117,900

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 24.2% of source-year revenue.

NTEE T • $5M-$10M nonprofits • Source year 2024

Asset Growth

24th percentile

-2.3%

Faster asset growth than 24% of similar nonprofits.

NTEE T • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-57%

Faster revenue growth than 12% of similar nonprofits.

NTEE T • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$8,173,089

Down $188,610 (-2.3%) from 2023

Liabilities

Down

$3,833,471

Down $77,880 (-2.0%) from 2023

Net Assets

Down

$4,339,618

Down $110,730 (-2.5%) from 2023

Revenue

Down

$486,998

Down $634,393 (-57%) from 2023

Expenses

Down

$597,728

Down $389,273 (-39%) from 2023

Net Income

Down

-$110,730

Down $245,120 (-182%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2015: $99,104Liabilities 2015: $0Net Assets 2015: $99,1042015Assets 2016: $363,803Liabilities 2016: $94,307Net Assets 2016: $269,4962016Assets 2017: $397,063Liabilities 2017: $78,832Net Assets 2017: $318,2312017Assets 2018: $417,514Liabilities 2018: $30,832Net Assets 2018: $386,6822018Assets 2019: $389,213Liabilities 2019: $0Net Assets 2019: $389,2132019Assets 2020: $692,577Liabilities 2020: $19,223Net Assets 2020: $673,3542020Assets 2021: $4,715,403Liabilities 2021: $3,808,848Net Assets 2021: $906,5552021Assets 2022: $8,737,085Liabilities 2022: $4,421,127Net Assets 2022: $4,315,9582022Assets 2023: $8,361,699Liabilities 2023: $3,911,351Net Assets 2023: $4,450,3482023Assets 2024: $8,173,089Liabilities 2024: $3,833,471Net Assets 2024: $4,339,6182024

Highlighted filing

2024

Assets$8,173,089
Liabilities$3,833,471
Net Assets$4,339,618

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2015: $206,717Expenses 2015: $122,766Net Income 2015: $83,9512015Revenue 2016: $342,931Expenses 2016: $157,539Net Income 2016: $185,3922016Revenue 2017: $303,166Expenses 2017: $254,431Net Income 2017: $48,7352017Revenue 2018: $277,309Expenses 2018: $208,858Net Income 2018: $68,4512018Revenue 2019: $457,161Expenses 2019: $454,630Net Income 2019: $2,5312019Revenue 2020: $886,999Expenses 2020: $592,808Net Income 2020: $294,1912020Revenue 2021: $1,050,211Expenses 2021: $817,006Net Income 2021: $233,2052021Revenue 2022: $3,982,484Expenses 2022: $573,081Net Income 2022: $3,409,4032022Revenue 2023: $1,121,391Expenses 2023: $987,001Net Income 2023: $134,3902023Revenue 2024: $486,998Expenses 2024: $597,728Net Income 2024: -$110,7302024

Highlighted filing

2024

Revenue$486,998
Expenses$597,728
Net Income-$110,730

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$703,780
Mission and Program Overview

Mission

The Steve Smith Foundation focuses on the mental health and wellness of families and underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,326,065$7,134,139▼ $191,926
Cash and Non-Interest-Bearing Accounts$665,216$734,366▲ $69,150
Pledges and Grants Receivable$347,942$284,491▼ $63,451
Accounts Receivable$20,500$18,117▼ $2,383
Prepaid Expenses and Deferred Charges$1,976$1,976→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,361,699$8,173,089▼ $188,610
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,859,478$3,762,169▼ $97,309
Accounts Payable and Accrued Expenses$51,873$49,219▼ $2,654
Deferred Revenue-$22,083-
Total Liabilities$3,911,351$3,833,471▼ $77,880
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,102,406$4,103,314▲ $908
Net Assets With Donor Restrictions$347,942$236,304▼ $111,638
Total Net Assets Fund Balance$4,450,348$4,339,618▼ $110,730
Total Liabilities and Net Assets / Fund Balance$8,361,699$8,173,089▼ $188,610

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,156,667$357,662$6,514,329
Land$894,827-$894,827
Other Land Buildings$77,825$33,388$111,213
Equipment$4,820$19,280$24,100
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle HuntExecutive DirectorFT$117,900$117,900

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$210,493
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$276,505
All Other Contributions
$110,493
Change in Net Assets
$-110,730

Audited Revenue Reconciliation

Revenue per Audited Statements
$486,998
Revenue Not Reported on Form 990
$216,782
Total Revenue per Audited Statements
$703,780
Total Revenue per Form 990
$486,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$407,013
Salaries, Compensation, and Employee Benefits$190,715
Total Fundraising Expense$70,938
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$182,329$5,758$3,839$191,926
Current Officers, Directors, Trustees, and Key Employees$16,387$56,396$45,117$117,900
Fees for Services Other-$84,999-$84,999
Other Salaries and Wages$58,624--$58,624
Interest$30,320$7,580-$37,900
Occupancy$15,125$1,911-$17,036
Payroll Taxes$6,030$4,534$3,627$14,191
Insurance$4,866$3,659$2,927$11,452
Advertising$3,093$2,325$3,770$9,188
Other Expenses$4,142$6,795$11,658$4,142
Travel$1,396$746-$2,142
Total Functional Expenses$350,343$176,447$70,938$597,728

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$814,510
Expenses per Audited Statements$597,728
Total Expenses per Form 990$597,728
Expenses Not Reported on Form 990$216,782
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$134,704
Fundraising Direct Expenses$37,319
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tee Up for Health$80,400$80,400$2,194$78,206
Pickelball Tournament$44,701$44,701$3,905$40,796
Total Events$134,704$134,704$37,319$97,385
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Steve Smith Family Foundation
EIN
30-0778749
Phone
7042663689
Address
616 Colannade Drive Suite B, Charlotte, NC 28205

Signing Officer

Name
Stevonne L Smith Sr
Title
Trustee
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stevonne L Smith Sr
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Firm
Foard and Company PA
Address
1347 Harding Place, Charlotte, NC 28204
Preparer
Terry W Lancaster
Phone
7043721515
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Rental expenses $179463 Special event expenses $37319

Part XII, Line 2D: Other expenses and losses per audited F/S

Rental expenses $179463 Special event expenses $37319

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IRS990/OtherExpensesGrp/TotalAmt041433
IRS990/OtherExpensesGrp/TotalAmt16795
IRS990/OtherExpensesGrp/TotalAmt24142
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt058624
IRS990/OtherSalariesAndWagesGrp/TotalAmt058624
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03627
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04534
IRS990/PayrollTaxesGrp/ProgramServicesAmt06030
IRS990/PayrollTaxesGrp/TotalAmt014191
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0347942
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0284491
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01976
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01976
IRS990/PrincipalOfficerNm0Stevonne L Smith Sr
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0803678
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0739214
IRS990/PYOtherRevenueAmt0317713
IRS990/PYRevenuesLessExpensesAmt0134390
IRS990/PYSalariesCompEmpBnftPaidAmt0247787
IRS990/PYTotalExpensesAmt0987001
IRS990/PYTotalRevenueAmt01121391
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-110730
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0179120
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0210493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0803678
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03899511
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01022011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0803044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06738737
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0438
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0279
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0717
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84550
IRS990ScheduleA/PublicSupportTotal170Amt05698315
IRS990ScheduleA/SubstantialContributorsTotAmt01040422
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0210493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0803678
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03899511
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01022011
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0803044
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06738737
IRS990ScheduleA/TotalSupportAmt06739454
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt06156667
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0357662
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06514329
IRS990ScheduleD/EquipmentGrp/BookValueAmt04820
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019280
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024100
IRS990ScheduleD/ExpensesNotReportedAmt0216782
IRS990ScheduleD/ExpensesSubtotalAmt0597728
IRS990ScheduleD/LandGrp/BookValueAmt0894827
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0894827
IRS990ScheduleD/OtherExpensesIncludedAmt0216782
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077825
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt033388
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0111213
IRS990ScheduleD/OtherRevenueAmt0216782
IRS990ScheduleD/RevenueNotReportedAmt0216782
IRS990ScheduleD/RevenueSubtotalAmt0486998
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Rental expenses $179463 Special event expenses $37319
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental expenses $179463 Special event expenses $37319
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07134139
IRS990ScheduleD/TotalExpensesPerForm990Amt0597728
IRS990ScheduleD/TotalRevenuePerForm990Amt0486998
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0703780
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0814510
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037319
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Tee Up for Health
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Pickelball Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt03613
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03613
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt080400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt044701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt09603
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0134704
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt080400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt044701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt09603
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0134704
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt097385
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06099
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02194
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03905
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt023107
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt04500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt027607
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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