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Carrera Joffe Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$647k (2024)

Expenses
$461k (2024)

Total Assets
$3.47M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$646,746
Expenses
$460,711
Net Income
$186,035
Net Assets
$3,466,693
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $238,653
36.9%
Interest Revenue $0
Dividends $70,511
10.9%
Sales of Assets $337,582
52.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $438,300
95.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,466,693
Total Liabilities $0
Net Assets $3,466,693
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$325,951
Expenses
$141,326
Net Income
$184,625
Net Assets
$3,445,365
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $107,836
33.1%
Sales of Assets $218,115
66.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $122,875
86.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,445,365
Total Liabilities $0
Net Assets $3,445,365
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$118,473
Expenses
$166,604
Net Income
-$48,131
Net Assets
$3,242,770
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,615
4.7%
Dividends $70,825
59.8%
Sales of Assets $42,033
35.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $142,777
85.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,242,770
Total Liabilities $0
Net Assets $3,242,770
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$389,661
Expenses
$222,084
Net Income
$167,577
Net Assets
$3,290,901
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5
0.0%
Dividends $119,355
30.6%
Sales of Assets $270,301
69.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $197,500
88.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,290,901
Total Liabilities $0
Net Assets $3,290,901
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$234,758
Expenses
$155,872
Net Income
$78,886
Net Assets
$3,123,323
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15
0.0%
Dividends $77,799
33.1%
Sales of Assets $156,944
66.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $137,455
88.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,123,324
Total Liabilities $1
Net Assets $3,123,323
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$149,484
Expenses
$222,448
Net Income
-$72,964
Net Assets
$3,038,157
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $155
0.1%
Dividends $90,636
60.6%
Sales of Assets $58,693
39.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $202,910
91.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,038,158
Total Liabilities $1
Net Assets $3,038,157
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$112,215
Expenses
$249,820
Net Income
-$137,605
Net Assets
$3,102,469
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,624
3.2%
Dividends $82,494
73.5%
Sales of Assets $26,097
23.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $226,408
90.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,102,469
Total Liabilities $0
Net Assets $3,102,469
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$360,393
Expenses
$231,063
Net Income
$129,330
Net Assets
$3,242,440
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,441
1.0%
Dividends $92,141
25.6%
Sales of Assets $264,811
73.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $217,348
94.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,242,440
Total Liabilities $0
Net Assets $3,242,440
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$237,467
Expenses
$224,752
Net Income
-$462,219
Net Assets
$3,113,110
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $96,814
Sales of Assets -$334,281
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $204,080
90.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,113,110
Total Liabilities $0
Net Assets $3,113,110
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$192,746
Expenses
$235,478
Net Income
-$42,732
Net Assets
$3,299,635
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $163,815
85.0%
Sales of Assets $28,931
15.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $212,500
90.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,299,635
Total Liabilities $0
Net Assets $3,299,635
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$310,723
Expenses
$176,960
Net Income
$133,763
Net Assets
$3,769,740
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $171,496
55.2%
Sales of Assets $139,227
44.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $154,520
87.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,769,740
Total Liabilities $0
Net Assets $3,769,740
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$331,826
Expenses
$167,558
Net Income
$164,268
Net Assets
$3,680,228
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $134,706
40.6%
Sales of Assets $197,120
59.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $147,677
88.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,680,228
Total Liabilities $0
Net Assets $3,680,228
Compensation
Key Employees and Officers Compensation Other
Margaret Carrera (President) $0 $0
Philip M Joffe (Cfo) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$635,675
Expenses
$156,380
Net Income
$479,295
Net Assets
$3,316,397
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $7,332
1.2%
Dividends $112,640
17.7%
Sales of Assets $488,152
76.8%
Other Income $27,551
4.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $114,756
73.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,316,398
Total Liabilities $1
Net Assets $3,316,397

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$444,787
Expenses
$140,968
Net Income
$303,819
Net Assets
$2,619,331
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $7,626
1.7%
Dividends $86,610
19.5%
Sales of Assets $350,547
78.8%
Other Income $4
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $122,115
86.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,619,331
Total Liabilities $0
Net Assets $2,619,331

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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