Nonprofit · EIN 56-1545913
CARLTON FAMILY FOUNDATION
Tax-exempt · RALEIGH, NC 27609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $65,800 | $38,815 | $26,985 | $907,780 | $0 | $907,780 |
| June 30, 2024 | 990-PF | $115,688 | $49,709 | $65,979 | $846,374 | $0 | $846,374 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $40,357
- Net gain from sales of assets
- $25,443
Expenses
- Grants and similar amounts paid
- $21,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $29,988
- Excise tax on investment income
- $792
Balance sheet and other
- Total assets, start of year
- $846,374
- Total assets, end of year
- $907,780
- Total liabilities, end of year
- $0
- Net assets, end of year
- $907,780
- Fair market value of assets
- $915,632
- Qualifying distributions
- $29,988
- Net investment income
- $65,800
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHIL CARLTON 4030 CARDINAL AT NORTH HILLS ST APT, 534, RALEIGH, NC 27609 | DIRECTOR | 2 | $0 |
| DEANNA DRESCHER 4030 CARDINAL AT NORTH HILLS ST APT, 534, RALEIGH, NC 27609 | DIRECTOR | 1 | $0 |
| ELIZABETH TRATHEN 4030 CARDINAL AT NORTH HILLS ST APT, 534, RALEIGH, NC 27609 | DIRECTOR | 1 | $0 |
990-PF for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHIL CARLTON 4030 CARDINAL AT NORTH HILLS ST APT, 534, RALEIGH, NC 27609 | DIRECTOR | 2 | $0 |
| DEANNA DRESCHER 4030 CARDINAL AT NORTH HILLS ST APT, 534, RALEIGH, NC 27609 | DIRECTOR | 1 | $0 |
| ELIZABETH TRATHEN 4030 CARDINAL AT NORTH HILLS ST APT, 534, RALEIGH, NC 27609 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4030 THE CRDNL AT N HLLS ST APT 534, RALEIGH, NC 27609-0000
- In care of
- % JOHN CARLTON
- Signed the 990-PF
- PHIL CARLTON, DIRECTOR
- Phone
- (252) 903-7950
- Return prepared by
- CRI ADVISORS PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 56-1545913
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $907,780
- Income (IRS master file)
- $144,940
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $65,800 | $38,815 | $907,780 | XML |
| 990-PF | June 2024 | $115,688 | $49,709 | $846,374 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1545913).
Questions about CARLTON FAMILY FOUNDATION
- What is the EIN of CARLTON FAMILY FOUNDATION?
- The employer identification number (EIN) of CARLTON FAMILY FOUNDATION is 56-1545913.
- Is CARLTON FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to CARLTON FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CARLTON FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CARLTON FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARLTON FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of CARLTON FAMILY FOUNDATION?
- The 990-PF for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CARLTON FAMILY FOUNDATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $65,800, expenses of $38,815 and total assets of $907,780 at year end.
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