CARLY MAY FOUNDATION

EIN: 262543215 501(c)(3) Human Services

LAKEVILLE, MN

Total Revenue
$183,923
Total Expenses
$130,162
Total Assets
$188,826
Net Assets
$188,640
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MN
Principal Officer
JAIME HARRIS
Phone
6513356202
Tax Period
2025-01-01 to 2025-12-31

CARLY MAY FOUNDATION, founded in 2008, is a small nonprofit in the Human Services sector that reported $184K in total revenue in fiscal year 2025. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 29% operating margin.

Mission

THE CARLY MAY FOUNDATION WAS CREATED IN 2007 TO HELP SUPPORT FAMILIES THAT INCLUDE A CHILD WITH DOWN SYNDROME AND/OR A CHRONIC ILLNESS.

Program Service Accomplishments

Program 1
Expenses: $128,502 Revenue: $0

THE CARLY MAY FOUNDATION WAS CREATED TO PROVIDE SUPPORT FOR FAMILIES THAT INCLUDE A CHILD WITH DOWN SYNDROME AND/OR A CHRONIC ILLNESS. THE EIGHTEENTH ANNUAL GOLF EVENT IN 2025 WAS A SUCCESS. THE...

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THE CARLY MAY FOUNDATION WAS CREATED TO PROVIDE SUPPORT FOR FAMILIES THAT INCLUDE A CHILD WITH DOWN SYNDROME AND/OR A CHRONIC ILLNESS. THE EIGHTEENTH ANNUAL GOLF EVENT IN 2025 WAS A SUCCESS. THE MONEY RAISED WENT TO THE UNIVERSITY OF MINNESOTA FOUNDATION, GIGI'S PLAYHOUSE, JACK'S BASKET, DOWN SYNDROME ASSOCIATION OF MN, AND THE DOWN SYNDROME FOUNDATION. THIS YEAR WE ALSO ADDED AN IMPACT SOCIAL WHICH ALLOWED US TO HIGHLIGHT OUR PARTNER ORGANIZATIONS AND CELEBRATE THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $199,720
Program Service Revenue $0
Investment Income $0
Other Revenue $-15,797
TOTAL REVENUE $183,923

Expense Breakdown

Grants Paid $120,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $128,502
Other Expenses $10,162
TOTAL EXPENSES $130,162

Year-over-Year Comparison

2025 2024 Change
Revenue $183,923 $150,274 +0.2%
Expenses $130,162 $133,728 0.0%
Net Income $53,761 $16,546 +2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAIME HARRIS PRESIDENT 1.00
Officer Director
$0 $0 $0
MARIA HARRIS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RYAN BLOM SECRETARY 1.00
Officer Director
$0 $0 $0
CARRIE BLOM TREASURER 1.00
Officer Director
$0 $0 $0
JIM KOTSMITH DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER KOTSMITH DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $183,923 $130,162 $188,826 $53,761
2024 $150,274 $133,728 $134,714 $16,546
2023 $161,556 $193,468 $117,668 $-31,912
2022 $138,801 $38,359 $149,580 $100,442
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