Carhar Philanthropies Inc
Nonprofit profile at a glance
- EIN
- 203824942
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Middletown, CT, USA
- Phone
- 8609757205
- Rating confidence
- Limited
- Sector
- Youth Development Programs
Reported finances
- Assets
- $1,837
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JEROME CARNEGIE-HARGREAVES (PRESIDENT)
People named in this filing
- JOSEPH SCHWARTZ (DIRECTOR)
- MIKE KOVALESKI (DIRECTOR)
- PATRICK SULLIVAN (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Develop education, wellness, sports and entrepreneurship programs to create academic and career opportunities for youth in the age range of 10 to 18. University students, and adults in our network; identify internships, career placement and other educational opportunities for our community; utilize online and offline programming to provide well-resourced econsystem for people to incubate and activate their best selves; build healthy communities where people can collaborate, work, live and thrive.
What it reported doing in 2024
This organization teaches underprivaledged kids to play competitive basketball.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: NotEnoughData
- Sustainability: NotEnoughData
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: Limited
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 2.4% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 3.4% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: -16% per year; rating input score 0; 34th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 1 of 1 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Asset growth scored 0/100.