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The Carroll Shelby 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: Unknown / Unclassified (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.16M (2024)

Expenses
$1.03M (2024)

Total Assets
$10.9M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2010 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
Revenue
$1,155,298
Expenses
$1,034,314
Net Income
$120,984
Net Assets
$10,904,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $605,395
52.4%
Program Services $0
Investment Income $56,538
4.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $61,135
5.3%
Sales of Assets $147,255
12.7%
Net Inventory Sales $0
Other Revenue $284,975
24.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $72,972
7.1%
Assets/Debt
Total Assets $10,904,727
Total Liabilities $0
Net Assets $10,904,727
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$808,242
Expenses
$492,957
Net Income
$315,285
Net Assets
$10,251,327
Notable Sources of Revenue Percent of Total Revenue
Contributions $730,820
90.4%
Program Services $0
Investment Income $57,936
7.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $44,889
5.6%
Sales of Assets -$25,403
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $25,825
5.2%
Assets/Debt
Total Assets $10,536,302
Total Liabilities $284,975
Net Assets $10,251,327
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,667,591
Expenses
$443,900
Net Income
$1,223,691
Net Assets
$9,936,042
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,133,395
68.0%
Program Services $0
Investment Income $62,041
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $403,703
24.2%
Sales of Assets $68,452
4.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $27,667
6.2%
Assets/Debt
Total Assets $10,221,017
Total Liabilities $284,975
Net Assets $9,936,042
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$390,082
Expenses
$491,808
Net Income
-$101,726
Net Assets
$8,712,351
Notable Sources of Revenue Percent of Total Revenue
Contributions $109,504
28.1%
Program Services $0
Investment Income $178,599
45.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $45,428
11.6%
Sales of Assets $56,551
14.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $11,252
2.3%
Assets/Debt
Total Assets $8,997,326
Total Liabilities $284,975
Net Assets $8,712,351
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,012,908
Expenses
$325,131
Net Income
$1,687,777
Net Assets
$8,814,077
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,841,497
91.5%
Program Services $0
Investment Income $65,575
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $6,337
0.3%
Sales of Assets $99,499
4.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $42,232
13.0%
Assets/Debt
Total Assets $9,099,052
Total Liabilities $284,975
Net Assets $8,814,077
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,724,510
Expenses
$253,419
Net Income
$1,471,091
Net Assets
$7,126,298
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,657,512
96.1%
Program Services $0
Investment Income $58,054
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $18,605
1.1%
Sales of Assets -$9,661
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,430,528
Total Liabilities $304,230
Net Assets $7,126,298
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$167,669
Expenses
$295,050
Net Income
-$127,381
Net Assets
$5,655,207
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,795
30.9%
Program Services $0
Investment Income $72,825
43.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $10,029
6.0%
Sales of Assets $33,020
19.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,900,066
Total Liabilities $244,859
Net Assets $5,655,207
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$193,272
Expenses
$738,443
Net Income
-$545,171
Net Assets
$5,782,588
Notable Sources of Revenue Percent of Total Revenue
Contributions $68,871
35.6%
Program Services $0
Investment Income $48,656
25.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $42,919
22.2%
Sales of Assets $32,826
17.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,916
7.0%
Assets/Debt
Total Assets $5,782,588
Total Liabilities $0
Net Assets $5,782,588
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,227,387
Expenses
$720,662
Net Income
$506,725
Net Assets
$6,327,759
Notable Sources of Revenue Percent of Total Revenue
Contributions $307,895
25.1%
Program Services $0
Investment Income $57,366
4.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $25,153
2.0%
Sales of Assets $836,973
68.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $71,102
9.9%
Assets/Debt
Total Assets $6,327,759
Total Liabilities $0
Net Assets $6,327,759
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$582,417
Expenses
$797,649
Net Income
-$215,232
Net Assets
$5,821,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $420,975
72.3%
Program Services $0
Investment Income $72,639
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $6,347
1.1%
Sales of Assets $82,456
14.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $96,290
12.1%
Assets/Debt
Total Assets $5,821,034
Total Liabilities $0
Net Assets $5,821,034
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Director) $0 $0 $0
Aaron Shelby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$676,999
Expenses
$727,307
Net Income
-$50,308
Net Assets
$6,036,266
Notable Sources of Revenue Percent of Total Revenue
Contributions $450,181
66.5%
Program Services $0
Investment Income $107,559
15.9%
Bond Proceeds $0
Royalties $234
0.0%
Rental Property Income $0
Net Fundraising -$3,608
Sales of Assets $88,881
13.1%
Net Inventory Sales $0
Other Revenue $33,752
5.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $151,891
20.9%
Assets/Debt
Total Assets $6,036,266
Total Liabilities $0
Net Assets $6,036,266
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Secty / Director) $0 $0 $0
Joe Conway (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$264,618
Expenses
$622,257
Net Income
-$357,639
Net Assets
$6,086,574
Notable Sources of Revenue Percent of Total Revenue
Contributions $75,258
28.4%
Program Services $0
Investment Income $81,746
30.9%
Bond Proceeds $0
Royalties $3,711
1.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $52,955
20.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $132,212
21.2%
Assets/Debt
Total Assets $6,086,574
Total Liabilities $0
Net Assets $6,086,574
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
M Neil Cummings (Secty / Director) $0 $0 $0
Joe Conway (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$254,139
Expenses
$671,826
Net Income
-$417,687
Net Assets
$6,444,213
Notable Sources of Revenue Percent of Total Revenue
Contributions $164,279
64.6%
Program Services $0
Investment Income $63,017
24.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,196
4.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $158,311
23.6%
Assets/Debt
Total Assets $6,444,213
Total Liabilities $0
Net Assets $6,444,213

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$829,749
Expenses
$655,236
Net Income
$174,513
Net Assets
$6,861,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $768,944
92.7%
Program Services $0
Investment Income $77,137
9.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$79,121
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $189,205
28.9%
Assets/Debt
Total Assets $6,861,900
Total Liabilities $0
Net Assets $6,861,900

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$721,238
Expenses
$873,505
Net Income
-$152,267
Net Assets
$6,687,387
Notable Sources of Revenue Percent of Total Revenue
Contributions $647,158
89.7%
Program Services $0
Investment Income $49,156
6.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $18,000
2.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $204,903
23.5%
Assets/Debt
Total Assets $6,687,387
Total Liabilities $0
Net Assets $6,687,387

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

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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.

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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

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