Carmen Denson Foundation
Nonprofit profile at a glance
- EIN
- 923528025
- IRS 990-PF coverage
- 2023–2025
- Forms available
- Form 990-EZ 2023, Form 990-PF 2025
- Location
- Bellingham, WA, USA
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Higher Education Institutions
Reported finances
- Revenue
- $46,189
- Expenses
- $48,366
Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.
Overview
Mission
Higher Education Institutions
What it reported funding in 2025
The foundation reported 1 grant totaling $25,000. The stated grant purpose was see attached statement for grants paid this year.
Operating model
- Revenue model
- Donor-supported. 100% of the foundation's positive operating resources came from contributions.
- Distribution model
- No current program activity. The filing reports no charitable disbursements for the current year.
The verdict
MIXED - The filing identifies who received its grants and the endowment provides a meaningful financial cushion. A relatively small share of spending goes to grants.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 52
- Transparency: 100
- Compliance: 50
- Endowment Health: 63
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 51.7%; rating input score 52; 54th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: Limited
- Filing consistency checks: 8; rating input score 100
Endowment Health
- Endowment-health comparison: 3.12; rating input score 63; 63rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: Filed payout detail
- Trustees: Filed trustees detail
- Self-dealing: Filed self-dealing detail
- Investments: 63th percentile for endowment coverage
- Consistency: 8 of 8 current checks pass
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Cost Efficiency: Grant expense ratio scored 52/100.