Quick charity verification for Clack Foundation Inc (EIN: 208080870)
Verdict: Clack Foundation Inc appears trustworthy
98/100Mission Score
$14.4MRevenue
$30.5MAssets
1Red Flags
5Strengths
Red Flags
None identified based on the provided financial data.
Strengths
Consistent asset growth from $6.1M in 2011 to $30.5M currently.
Zero officer compensation reported across all filings, indicating high dedication to mission.
Extremely low expenses relative to revenue (e.g., 2023 expenses $1.8M vs. revenue $4.7M).
Minimal liabilities reported ($1 across most filings), indicating strong financial stability.
Strong financial health with significant revenue surpluses over expenses.
Spending Breakdown
How Clack Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Clack Foundation Inc
Is Clack Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Clack Foundation Inc (EIN: 208080870) appears trustworthy. Mission Score: 98/100. 1 red flag identified, 5 strengths noted.
Is Clack Foundation Inc a good charity to donate to?
Clack Foundation Inc has a Mission Score of 98/100. Revenue: $14.4M. Assets: $30.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Clack Foundation Inc?
The Employer Identification Number (EIN) for Clack Foundation Inc is 208080870. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Clack Foundation Inc spend its money?
Clack Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Clack Foundation Inc's tax-exempt status?
You can verify Clack Foundation Inc's tax-exempt status using EIN 208080870 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Clack Foundation Inc. demonstrates strong financial health and efficiency, particularly in its program spending. Over the past decade, the organization has consistently grown its assets, from $6.1 million in 2011 to over $30.5 million currently, indicating robust financial management and investment growth. Its latest reported revenue of $14,413,728 significantly outpaces its expenses, suggesting a healthy surplus for future programming or endowment growth. The consistent reporting of zero officer compensation across all filings indicates a high level of transparency and a commitment to directing funds towards its mission rather than executive salaries.
The foundation's spending efficiency is excellent, with expenses consistently being a small fraction of its revenue. For example, in 2023, expenses were $1,816,885 against $4,749,320 in revenue, and in 2021, expenses were $839,273 against $5,358,174 in revenue. This pattern suggests that the vast majority of its financial resources are either directly applied to programs or reinvested to grow its endowment, which ultimately supports its charitable activities. The absence of reported liabilities further underscores its strong financial position and responsible fiscal practices.
Given the NTEE code T22 (Private Grantmaking Foundations), the primary 'program' activity is making grants. The consistent growth in assets and the low expense-to-revenue ratio strongly suggest that the foundation is effectively accumulating and deploying capital for its grantmaking mission. The lack of officer compensation is a significant positive indicator of transparency and dedication to mission over personal gain, making it a highly efficient and trustworthy philanthropic entity.