Civic Intelligence

Brooks Family Foundation Tr

EIN 85-6231940 • Wilmington, NC

Pub. 78 EligibleNTEE T20
1525 Black Chestnut DriveWilmington, NC 28405
Siviq Scores

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

Liabilities / Assets

81st percentile

0.00x

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

NTEE T20 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.00x

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

NTEE T20 • $5M-$10M nonprofits • Source year 2024

Net Margin

46th percentile

11%

Higher net margin than 46% of similar nonprofits.

NTEE T20 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$2,900

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

NTEE T20 • $5M-$10M nonprofits • Source year 2024

Asset Growth

45th percentile

0.9%

Faster asset growth than 45% of similar nonprofits.

NTEE T20 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

1049%

Faster revenue growth than 94% of similar nonprofits.

NTEE T20 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$8,696,090

Up $74,139 (+0.9%) from 2023

Liabilities

Down

$0

Down $1 (-100%) from 2023

Net Assets

Up

$8,696,090

Up $74,139 (+0.9%) from 2023

Operations
Liabilities / Revenue82nd percentileNet Margin46th percentile

Revenue

Up

$675,789

Up $616,951 (+1049%) from 2023

Expenses

Up

$601,738

Up $38,162 (+6.8%) from 2023

Net Income

Up

$74,051

Up $578,789 (+115%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$10M$5.0M$0Assets 2020: $1,289,504Liabilities 2020: $1Net Assets 2020: $1,289,5042020Assets 2021: $8,677,559Liabilities 2021: $1Net Assets 2021: $8,677,5592021Assets 2022: $9,374,783Liabilities 2022: $248,935Net Assets 2022: $9,125,8482022Assets 2023: $8,621,951Liabilities 2023: $1Net Assets 2023: $8,621,9512023Assets 2024: $8,696,090Liabilities 2024: $0Net Assets 2024: $8,696,0902024

Highlighted filing

2024

Assets$8,696,090
Liabilities$0
Net Assets$8,696,090
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

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

$10M$5.0M$0-$5.0MRevenue 2020: $1,289,504Expenses 2020: $0Net Income 2020: $1,289,5042020Revenue 2021: $9,944,287Expenses 2021: $420,223Net Income 2021: $9,524,0642021Revenue 2022: $521,339Expenses 2022: $662,917Net Income 2022: -$141,5782022Revenue 2023: $58,838Expenses 2023: $563,576Net Income 2023: -$504,7382023Revenue 2024: $675,789Expenses 2024: $601,738Net Income 2024: $74,0512024

Highlighted filing

2024

Revenue$675,789
Expenses$601,738
Net Income$74,051
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,696,090
Liabilities
$0
Net assets
$8,696,090
Revenue
$675,789
Expenses
$601,738
Net income
$74,051
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.70$0.00$8.70$0.68$0.60$0.07
2023Detailed filing. Detailed filing data is available for this year.$8.62$0.00$8.62$0.06$0.56$0.50
2022Detailed filing. Detailed filing data is available for this year.$9.37$0.25$9.13$0.52$0.66$0.14
2021Detailed filing. Detailed filing data is available for this year.$8.68$0.00$8.68$9.94$0.42$9.52
2020Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$1.29$0.00$1.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 21, 2025
Return Version
2024v5.1
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARIN ARMEN CARSONTrustee-$2,900-$2,900
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantBOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEMMUSIC FESTIVAL SERIESGOVAUSTIN, TX, US$100,000
Paid GrantEL PASO COMMUNITY FOUNDATIONGENERAL SUPPORTPCEL PASO, TX, US$75,000
Paid GrantBOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEMFELLOWSHIP IN MUSICGOVAUSTIN, TX, US$50,000
Paid GrantEL PASO PRO MUSICAGENERAL SUPPORTPCEL PASO, TX, US$50,000
Paid GrantEL PASO SYMPHONY ORCHESTRAGENERAL SUPPORTPCEL PASO, TX, US$50,000
Paid GrantNEW MEXICO RAILS & TRAILS ASSOCIATIONGENERAL SUPPORTPCCLOUDCROFT, NM, US$50,000
Paid GrantOTERO COUNTY ANIMAL SHELTERGENERAL SUPPORTGOVALAMOGORDO, NM, US$50,000
Paid GrantANIMAL RESCUE LEAUGUE OF EL PASOGENERAL SUPPORTPCEL PASO, TX, US$50,000
Paid GrantEL PASO MATTERSGENERAL SUPPORTPCEL PASO, TX, US$25,000
Filing and Contact Details

Filer

Filer Name
Brooks Family Foundation Trust
EIN
85-6231940
Phone
9152037511
Address
1525 BLACK CHESTNUT DRIVE, WILMINGTON, NC 28405

Signing Officer

Name
Karin Armen Carson
Title
Trustee
Phone
9152037511
Signed
2025-05-21
Discuss with paid preparer
Yes

Preparer

Firm
Earney Accountants & Advisors Pllc
Address
700 MILITARY CUTOFF ROAD SUITE 250, WILMINGTON, NC 28405
Preparer
Adrienne Mckinney CPA
Phone
9102569995
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