Civic Intelligence

Carson Scholars Fund Inc.

990 • Fiscal year 2022 • EIN 52-1851346

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 07, 2022

305 West Chesapeake Avenue 310Towson, MD 21204

(410) 828-1005

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

2.16x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

19th percentile

-7.2%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

48th percentile

$172,223

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

18th percentile

-11%

Faster asset growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

8.9%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$16,550,988

Down $1,979,173 (-11%) from 2021

Net Assets

Down

$12,761,502

Down $1,997,824 (-14%) from 2021

Liabilities

Up

$3,789,486

Up $18,651 (+0.5%) from 2021

Revenue

Up

$1,756,634

Up $143,121 (+8.9%) from 2021

Expenses

Up

$1,882,545

Up $79,565 (+4.4%) from 2021

Net Income

Up

-$125,911

Up $63,556 (+34%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $6,746,120Liabilities 2011: $3,950,010Net Assets 2011: $2,796,1102011Assets 2012: $6,546,445Liabilities 2012: $3,913,289Net Assets 2012: $2,633,1562012Assets 2013: $7,323,912Liabilities 2013: $4,041,799Net Assets 2013: $3,282,1132013Assets 2014: $8,478,686Liabilities 2014: $4,077,022Net Assets 2014: $4,401,6642014Assets 2015: $8,799,910Liabilities 2015: $3,984,602Net Assets 2015: $4,815,3082015Assets 2016: $8,667,488Liabilities 2016: $4,069,963Net Assets 2016: $4,597,5252016Assets 2017: $13,957,819Liabilities 2017: $3,962,559Net Assets 2017: $9,995,2602017Assets 2018: $17,649,048Liabilities 2018: $3,752,503Net Assets 2018: $13,896,5452018Assets 2019: $17,118,861Liabilities 2019: $3,619,300Net Assets 2019: $13,499,5612019Assets 2020: $16,669,293Liabilities 2020: $3,464,910Net Assets 2020: $13,204,3832020Assets 2021: $18,530,161Liabilities 2021: $3,770,835Net Assets 2021: $14,759,3262021Assets 2022: $16,550,988Liabilities 2022: $3,789,486Net Assets 2022: $12,761,5022022Assets 2023: $16,271,930Liabilities 2023: $3,490,116Net Assets 2023: $12,781,8142023Assets 2024: $16,376,052Liabilities 2024: $3,411,247Net Assets 2024: $12,964,8052024Assets 2025: $17,340,238Liabilities 2025: $3,936,457Net Assets 2025: $13,403,7812025

Highlighted filing

2022

Assets$16,550,988
Liabilities$3,789,486
Net Assets$12,761,502

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,624,4792011Expenses 2012: $1,479,7842012Revenue 2013: $1,887,867Expenses 2013: $1,567,921Net Income 2013: $319,9462013Revenue 2014: $2,322,025Expenses 2014: $1,798,556Net Income 2014: $523,4692014Revenue 2015: $2,428,791Expenses 2015: $1,885,706Net Income 2015: $543,0852015Revenue 2016: $2,201,789Expenses 2016: $2,066,354Net Income 2016: $135,4352016Revenue 2017: $6,901,029Expenses 2017: $1,985,415Net Income 2017: $4,915,6142017Revenue 2018: $5,692,609Expenses 2018: $1,967,187Net Income 2018: $3,725,4222018Revenue 2019: $1,543,729Expenses 2019: $1,975,524Net Income 2019: -$431,7952019Revenue 2020: $1,712,038Expenses 2020: $1,743,350Net Income 2020: -$31,3122020Revenue 2021: $1,613,513Expenses 2021: $1,802,980Net Income 2021: -$189,4672021Revenue 2022: $1,756,634Expenses 2022: $1,882,545Net Income 2022: -$125,9112022Revenue 2023: $1,830,742Expenses 2023: $1,804,403Net Income 2023: $26,3392023Revenue 2024: $1,980,697Expenses 2024: $2,314,682Net Income 2024: -$333,9852024Revenue 2025: $2,589,691Expenses 2025: $2,559,581Net Income 2025: $30,1102025

Highlighted filing

2022

Revenue$1,756,634
Expenses$1,882,545
Net Income-$125,911
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 7, 2022
Return Version
2021v4.2
Gross Receipts
$2,197,856
Mission and Program Overview

Mission

The mission of carson scholars fund is to recognize and reward students in grades four through eleven who have earned the highest level of academic achievement and community service by providing them with college scholarships. Emphasis is (continued on schedule o) placed on students' performance and desire to maintain a strong academic record, as well as humanistic qualities that have a positive impact on society. Carson scholars fund also provides funding to schools to build and maintain "ben carson reading rooms" - warm, inviting rooms where children can discover the joy of independent, leisure reading.

The fund recognizes and rewards promising students in grades 4-11 with scholarships to college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,050,198$10,401,964▼ $1,648,234
Cash and Non-Interest-Bearing Accounts$1,933,492$2,107,412▲ $173,920
Pledges and Grants Receivable$2,756,985$1,742,126▼ $1,014,859
Savings and Temporary Cash Investments$1,234,562$1,693,558▲ $458,996
Inventories for Sale or Use$41,109$44,278▲ $3,169
Total Assets$18,530,161$16,550,988▼ $1,979,173
Other Assets Total$513,815$561,650▲ $47,835
Liabilities
Grants Payable$3,733,349$3,622,702▼ $110,647
Other Liabilities$0$123,322▲ $123,322
Accounts Payable and Accrued Expenses$37,486$43,462▲ $5,976
Total Liabilities$3,770,835$3,789,486▲ $18,651
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,829,675$8,584,944▼ $1,244,731
Net Assets Without Donor Restrictions$4,929,651$4,176,558▼ $753,093
Total Net Assets Fund Balance$14,759,326$12,761,502▼ $1,997,824
Total Liabilities and Net Assets / Fund Balance$18,530,161$16,550,988▼ $1,979,173

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$3,537,265$157,118▼ $179,381-$3,380,002
2020$2,655,672$102,392▲ $909,701-$3,537,265
2019$2,786,701$72,374▼ $84,903-$2,655,672
2018$2,664,592$92,000▲ $145,609-$2,786,701
2017$2,494,652$103,209▲ $198,703-$2,664,592
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy WarnerExecutive DirectorFT$150,000$22,223$172,223

Board Members and Trustees

NameTitle
Lee WarnerChairman
Nancy GrasmickPresident
Wes GuckertVice President
David BowerBoard Member
Elaine ClancyBoard Member
Fran DonahueBoard Member
Gregg CooperBoard Member
Jason LeeBoard Member
Kevin HollinsBoard Member
Louis FriedmanBoard Member
Murray CarsonBoard Member
Phyllis FriedmanBoard Member
Ryan MillerBoard Member
Steve AdlerBoard Member
Tony RoseBoard Member
Ben CarsonCo-founder/board Member
Candy CarsonCo-founder/executive Secretary
Benjamin Carson JrSecretary
Graylin E SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,090,178
Program Service Revenue
$65,184
Investment Income
$510,048
Other Revenue
$91,224
All Other Contributions
$1,010,921
Change in Net Assets
$-125,911

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,756,634
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,869,942
Total Revenue per Audited Statements
$-113,308
Total Revenue per Form 990
$1,756,634
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$732,015
Other Expenses$603,530
Grants and Similar Amounts Paid$547,000
Total Fundraising Expense$82,126
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$547,000--$547,000
Other Salaries and Wages$387,281$40,356$37,384$465,021
Current Officers, Directors, Trustees, and Key Employees$120,556$34,445$17,222$172,223
Information Technology$39,642$9,910-$49,552
Occupancy$37,734$9,434-$47,168
Office Expenses$35,524$4,496$2,953$42,973
Payroll Taxes$33,885$4,843$3,606$42,334
Pension Plan Contributions$29,388$3,675$2,993$36,056
Fees for Services Accounting$20,924$5,231-$26,155
Other Employee Benefits$14,816$421$1,144$16,381
Advertising--$15,758$15,758
Travel$9,853$2,463-$12,316
Insurance$6,036$1,509-$7,545
Other Expenses$4,705$1,177-$5,882
All Other Expenses$3,863$965-$4,828
Conferences and Meetings$1,333$267$1,066$2,666
Fees for Services Other$600--$600
Fees for Services Legal$32$8-$40
Total Functional Expenses$1,681,219$119,200$82,126$1,882,545

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,882,545
Total Expenses per Audited Statements$1,882,545
Total Expenses per Form 990$1,882,545
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$71,213
Fundraising Gross Income$51,826
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Naples Event$64,333$21,566$24,828$-3,262
Golf Tournament$48,750$12,260$21,715$-9,455
Total Events$131,083$51,826$71,213$-19,387
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lee WarnerLee Warner, Board Chairman, Is the Spouse of Amy Warner, Executive DirectorAmy Warner Received Compensation for Her Services as Executive Director. Her Compensation and Benefits Are Reported in Column (c) Above, as Well as in Part Vii, Section A.No$172,223
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$123,322
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Form 990, Part VI, Section A, Line 2

The following individuals have family relationships: lee warner, board chairman, and amy warner, executive director. Louis friedman, board member, and phyllis friedman, board member. Benjamin carson, jr. Board member, murray carson, board member, ben carson, co-founder/board member and candy carson, co-founder/executive secretary.

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

The form 990 was prepared by the outside accountants and reviewed by the finance committee. It was circulated to the full board prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Conflict of interest attestation statements are circulated at the beginning of each fiscal year, and when new members added. If any situation should arise involving a conflict of interest, the conflicted person promptly and fully discloses the circumstances to the president or chairman of the board of directors of the carson scholars fund, inc., or to the executive director, as applicable.

Form 990, Part VI, Section B, Line 15A

Executive director compensation was determined by the executive committee of the board of directors. The committee used salary survey information in their compensation review. The most recent review took place in june 2022.

Form 990, Part VI, Section C, Line 19

The fund includes the pertinent audited financial statement in the annual report that is mailed out to all donors, chapters and key stakeholders and is also available online, or by written request. Governing documents and the conflict of interest policy are also available upon written request.

Filing and Contact Details

Filer

Filer Name
Carson Scholars Fund Inc
EIN
52-1851346
Phone
4108281005
Address
305 WEST CHESAPEAKE AVENUE 310, TOWSON, MD 21204

Signing Officer

Name
Graylin E Smith
Title
Treasurer
Phone
4108281005
Signed
2022-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Grasmick
Formed
1994
Legal Domicile
Md
Voting Board Members
19
Independent Board Members
18
Employees
13
Volunteers
284

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The endowment funds will be used for annual scholarships.

PART X, LINE 2:

For the years ended june 30, 2022 and 2021, csf has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 676 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt037486
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt043462
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FUND RECOGNIZES AND REWARDS PROMISING STUDENTS IN GRADES 4-11 WITH SCHOLARSHIPS TO COLLEGE.
IRS990/AdvertisingGrp/FundraisingAmt015758
IRS990/AdvertisingGrp/TotalAmt015758
IRS990/AllOtherContributionsAmt01010921
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0965
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03863
IRS990/AllOtherExpensesGrp/TotalAmt04828
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AMY WARNER
IRS990/BooksInCareOfDetail/PhoneNum04108281005
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0305 WEST CHESAPEAKE AVENUE 310
IRS990/BooksInCareOfDetail/USAddress/CityNm0TOWSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021204
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt01933492
IRS990/CashNonInterestBearingGrp/EOYAmt02107412
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt017222
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt034445
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0120556
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0172223
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt01066
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0267
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01333
IRS990/ConferencesMeetingsGrp/TotalAmt02666
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt079257
IRS990/CostOfGoodsSoldAmt03633
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01090178
IRS990/CYGrantsAndSimilarPaidAmt0547000
IRS990/CYInvestmentIncomeAmt0510048
IRS990/CYOtherExpensesAmt0603530
IRS990/CYOtherRevenueAmt091224
IRS990/CYProgramServiceRevenueAmt065184
IRS990/CYRevenuesLessExpensesAmt0-125911
IRS990/CYSalariesCompEmpBnftPaidAmt0732015
IRS990/CYTotalExpensesAmt01882545
IRS990/CYTotalFundraisingExpenseAmt082126
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01756634
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SCHOLARSHIPS: THE CARSON SCHOLARS FUND HAS AWARDED MORE THAN 10,500 SCHOLARSHIPS (REPRESENTING 9,857 STUDENTS) IN ALL FIFTY STATES AND WASHINGTON, DC. OVER 820 COLLEGES AND UNIVERSITIES HAVE (OR HAD) CARSON SCHOLARS. THE CARSON SCHOLARS FUND HAS AN ALUMNI NETWORK OF OVER 8,000 (SCHOLARS OLD ENOUGH TO HAVE GRADUATED FROM HIGH SCHOOL). OVER 6,000 SCHOLARS HAVE USED AT LEAST PART OF THEIR SCHOLARSHIP. MORE THAN $8,000,000 HAS BEEN PAID OUT ON BEHALF OF OUR SCHOLARS. IN 2022, A TOTAL OF 1,350 (547 NEW SCHOLARS AND 803 PREVIOUS SCHOLARS) WERE HONORED AT REGIONAL AWARDS CEREMONIES. AS OF 2022, THERE ARE MORE THAN 4,000 SCHOLARS WHO HAVE BEEN RECOGNIZED BY THE CARSON SCHOLARS FUND MULTIPLE TIMES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt09829675
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt08584944
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01055313
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05231
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt020924
IRS990/FeesForServicesAccountingGrp/TotalAmt026155
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt032
IRS990/FeesForServicesLegalGrp/TotalAmt040
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0600
IRS990/FeesForServicesOtherGrp/TotalAmt0600
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1935.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1922223
IRS990/Form990PartVIISectionAGrp/PersonNm0CANDY CARSON
IRS990/Form990PartVIISectionAGrp/PersonNm1LEE WARNER
IRS990/Form990PartVIISectionAGrp/PersonNm2NANCY GRASMICK
IRS990/Form990PartVIISectionAGrp/PersonNm3WES GUCKERT
IRS990/Form990PartVIISectionAGrp/PersonNm4GRAYLIN E SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5BENJAMIN CARSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm6BEN CARSON
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE ADLER
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID BOWER
IRS990/Form990PartVIISectionAGrp/PersonNm9MURRAY CARSON
IRS990/Form990PartVIISectionAGrp/PersonNm10GREGG COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm11FRAN DONAHUE
IRS990/Form990PartVIISectionAGrp/PersonNm12LOUIS FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13PHYLLIS FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14KEVIN HOLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm15JASON LEE
IRS990/Form990PartVIISectionAGrp/PersonNm16RYAN MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm17TONY ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm18ELAINE CLANCY
IRS990/Form990PartVIISectionAGrp/PersonNm19AMY WARNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19150000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-FOUNDER/EXECUTIVE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CO-FOUNDER/BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt079257
IRS990/FundraisingDirectExpensesAmt071213
IRS990/FundraisingGrossIncomeAmt051826
IRS990/GainOrLossGrp/SecuritiesAmt0316624
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt0547000
IRS990/GrantsPayableGrp/BOYAmt03733349
IRS990/GrantsPayableGrp/EOYAmt03622702
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0547000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0547000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0683000
IRS990/GrossReceiptsAmt02197856
IRS990/GrossSalesOfInventoryAmt0814
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt09910
IRS990/InformationTechnologyGrp/ProgramServicesAmt039642
IRS990/InformationTechnologyGrp/TotalAmt049552
IRS990/InsuranceGrp/ManagementAndGeneralAmt01509
IRS990/InsuranceGrp/ProgramServicesAmt06036
IRS990/InsuranceGrp/TotalAmt07545
IRS990/InventoriesForSaleOrUseGrp/BOYAmt041109
IRS990/InventoriesForSaleOrUseGrp/EOYAmt044278
IRS990/InvestmentIncomeGrp/ExclusionAmt0193424
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0193424
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt012050198
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010401964
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0366376
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF CARSON SCHOLARS FUND IS TO RECOGNIZE AND REWARD STUDENTS IN GRADES FOUR THROUGH ELEVEN WHO HAVE EARNED THE HIGHEST LEVEL OF ACADEMIC ACHIEVEMENT AND COMMUNITY SERVICE BY PROVIDING THEM WITH COLLEGE SCHOLARSHIPS. EMPHASIS IS (CONTINUED ON SCHEDULE O) PLACED ON STUDENTS' PERFORMANCE AND DESIRE TO MAINTAIN A STRONG ACADEMIC RECORD, AS WELL AS HUMANISTIC QUALITIES THAT HAVE A POSITIVE IMPACT ON SOCIETY. CARSON SCHOLARS FUND ALSO PROVIDES FUNDING TO SCHOOLS TO BUILD AND MAINTAIN "BEN CARSON READING ROOMS" - WARM, INVITING ROOMS WHERE CHILDREN CAN DISCOVER THE JOY OF INDEPENDENT, LEISURE READING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014759326
IRS990/NetAssetsOrFundBalancesEOYAmt012761502
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0316624
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0316624
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-19387
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-19387
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-2819
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-2819
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1869942
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04929651
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04176558
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09434
IRS990/OccupancyGrp/ProgramServicesAmt037734
IRS990/OccupancyGrp/TotalAmt047168
IRS990/OfficeExpensesGrp/FundraisingAmt02953
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04496
IRS990/OfficeExpensesGrp/ProgramServicesAmt035524
IRS990/OfficeExpensesGrp/TotalAmt042973
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0513815
IRS990/OtherAssetsTotalGrp/EOYAmt0561650
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01144
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0421
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014816
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016381
IRS990/OtherExpensesGrp/Desc0READING PROJECT
IRS990/OtherExpensesGrp/Desc1AWARDS EVENT
IRS990/OtherExpensesGrp/Desc2SCHOLARSHIPS - INTEREST
IRS990/OtherExpensesGrp/Desc3CREDIT CARD PROC. FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01177
IRS990/OtherExpensesGrp/ProgramServicesAmt0202922
IRS990/OtherExpensesGrp/ProgramServicesAmt1116188
IRS990/OtherExpensesGrp/ProgramServicesAmt268937
IRS990/OtherExpensesGrp/ProgramServicesAmt34705
IRS990/OtherExpensesGrp/TotalAmt0202922
IRS990/OtherExpensesGrp/TotalAmt1116188
IRS990/OtherExpensesGrp/TotalAmt268937
IRS990/OtherExpensesGrp/TotalAmt35882
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0123322
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0EXPIRED SCHOLARSHIPS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0113430
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0113430
IRS990/OtherRevenueTotalAmt0113430
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt037384
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040356
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0387281
IRS990/OtherSalariesAndWagesGrp/TotalAmt0465021
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03606
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04843
IRS990/PayrollTaxesGrp/ProgramServicesAmt033885
IRS990/PayrollTaxesGrp/TotalAmt042334
IRS990/PensionPlanContributionsGrp/FundraisingAmt02993
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03675
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029388
IRS990/PensionPlanContributionsGrp/TotalAmt036056
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02756985
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01742126
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0NANCY GRASMICK
IRS990/PriorPeriodAdjustmentsAmt0-1971
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0AWARDS EVENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt065184
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt065184
IRS990/ProgSrvcAccomActy2Grp/Desc0READING ROOMS: THE BEN CARSON READING PROJECT HAS ESTABLISHED 257 BEN CARSON READING ROOM AND SERVES STUDENTS IN 23 STATES AND WASHINGTON, DC. SINCE ITS INCEPTION IN 2000, THE PROJECT HAS DISPERSED APPROXIMATELY 3.6 MILLION DOLLARS TO SCHOOLS TO CREATE READING OASES. OVER 128,500 HIGH-INTEREST BOOKS HAVE BEEN MADE AVAILABLE IN READING ROOM SCHOOLS, INSPIRING STUDENTS TO REACH THEIR FULL LITERACY POTENTIAL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0625906
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01072339
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0667000
IRS990/PYInvestmentIncomeAmt0340203
IRS990/PYOtherExpensesAmt0654736
IRS990/PYOtherRevenueAmt083321
IRS990/PYProgramServiceRevenueAmt0117650
IRS990/PYRevenuesLessExpensesAmt0-189467
IRS990/PYSalariesCompEmpBnftPaidAmt0481244
IRS990/PYTotalExpensesAmt01802980
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01613513
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-125911
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt062365
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01234562

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$3.94$13.4$2.59$2.56$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$3.41$13.0$1.98$2.31$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$3.49$12.8$1.83$1.80$0.03
2022Detailed filing. Detailed filing data is available for this year.$16.6$3.79$12.8$1.76$1.88$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$3.77$14.8$1.61$1.80$0.19
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$3.46$13.2$1.71$1.74$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.1$3.62$13.5$1.54$1.98$0.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.6$3.75$13.9$5.69$1.97$3.73
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$3.96$10.00$6.90$1.99$4.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.67$4.07$4.60$2.20$2.07$0.14
2015Detailed filing. Detailed filing data is available for this year.$8.80$3.98$4.82$2.43$1.89$0.54
2014Detailed filing. Detailed filing data is available for this year.$8.48$4.08$4.40$2.32$1.80$0.52
2013Summary only. Only limited summary data is available for this year.$7.32$4.04$3.28$1.89$1.57$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$3.91$2.63$1.48
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.75$3.95$2.80$1.62