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Colorado · Nonprofit

CARNEVALI FOUNDATION

CARNEVALI FOUNDATION (Colorado) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being The Repass-Rodgers Foundation Inc ($10,000). 0 of them have funded it in more than one year.

Revenue FY2025
$7k
Funders on record
1
Grants received
$10k
Net assets
$40k
0/1 repeat funders
01What it does

What Carnevali Foundation does

Mission

Carnevali Foundation provides financial support to schools in very disadvantaged communities in India and Nepal to optimize student attendance, increase academic performance, and provide opportunities for further study and better job opportunities. It builds and renovates school environments, including building/classrooms, toilets, kitchens, walls, RO systems, water sources and libraries. It provides additional classroom teachers as needed and offers after school tutoring to senior students preparing for examinations. Adult literacy classes are provided for parents of students who want to learn to read and write. Early childhood centers are provided with learning materials, furniture, playgrounds, and accessibility to government nutritional supplies.

As stated on its FY2025 Form 990-EZ.

Program

  1. Carnevali Foundation provides financial support to schools in very disadvantaged communities in India and Nepal to optimize student attendance, increase academic performance, and provide opportunities for further study and better job opportunities. It builds and renovates school environments, including building/classrooms, toilets, kitchens, walls, RO systems, water sources and libraries. It provides additional classroom teachers as needed and offers after school tutoring to senior students preparing for examinations. Adult literacy classes are provided for parents of students who want to learn to read and write. Early childhood centers are provided with learning materials, furniture, playgrounds, and accessibility to government nutritional supplies.

    $9,450 spent
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $9,450.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($63k) Expenses 100 ($8k) Net assets 100 ($55k)2024 Revenue 11 ($7k) Expenses 169 ($13k) Net assets 89 ($49k)2025 Revenue 12 ($7k) Expenses 223 ($17k) Net assets 72 ($40k)
202320242025
Revenue (12)Expenses (223)Net assets (72)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $49k to $40k (−20%).

$56k
$49k
$40k
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of CARNEVALI FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

$55k
’23
−$6k
’24
−$10k
’25
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

From the IRS filings of CARNEVALI FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

CARNEVALI FOUNDATION draws 100% of its grant income from funders outside Colorado, across 1 state in all.

DE

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CARNEVALI FOUNDATION's revenue fell 88% between 2023 and 2025.

Operating margin−134% · bottom quartile
Revenue growth (annualized)−66% · bottom quartile

this organization peer median middle 50% of peers· 17,277 education nonprofits under $100k, FY2025

Organizations like CARNEVALI FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Footprint & structure

Files a return copy in 1 state

CO

Screen this organization

A dated, signed PDF of the compliance screen for CARNEVALI FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CARNEVALI FOUNDATION?
CARNEVALI FOUNDATION (Colorado) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being The Repass-Rodgers Foundation Inc ($10,000). 0 of them have funded it in more than one year.
How many funders does CARNEVALI FOUNDATION have?
IRS filings report 1 organization giving $10,000 in grants to CARNEVALI FOUNDATION.
Who is the largest funder of CARNEVALI FOUNDATION?
The Repass-Rodgers Foundation Inc is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like CARNEVALI FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing