Is Edward P Clark Trust Legit?

Spending Breakdown

How Edward P Clark Trust allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Edward P Clark Trust

Is Edward P Clark Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Edward P Clark Trust (EIN: 16035550) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

Is Edward P Clark Trust a good charity to donate to?

Edward P Clark Trust has a Mission Score of 85/100. Revenue: $1.5M. Assets: $6.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Edward P Clark Trust?

The Employer Identification Number (EIN) for Edward P Clark Trust is 16035550. 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 Edward P Clark Trust spend its money?

Edward P Clark Trust allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Edward P Clark Trust's tax-exempt status?

You can verify Edward P Clark Trust's tax-exempt status using EIN 16035550 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 Edward P Clark Trust appears to operate primarily as a grant-making foundation, as indicated by its consistent revenue and asset base without significant operational expenses or officer compensation. Its financial health shows a stable asset base, consistently above $5 million, reaching $6,675,971 in 2023. However, the trust has consistently spent more than its revenue in recent years, with expenses of $834,127 against revenue of $392,852 in 2023, and similar trends in prior years. This suggests it is drawing down its principal or relying on investment gains not fully captured in the 'revenue' line item, which is common for trusts. The lack of reported officer compensation across all filings indicates a lean operational structure, likely managed by trustees or external fiduciaries without direct salary from the trust, contributing to high spending efficiency in terms of administrative overhead.

The trust's spending efficiency, in the absence of detailed program service expense breakdowns (typical for private foundations that primarily make grants), can be inferred from the zero officer compensation and minimal liabilities. This structure inherently minimizes administrative and fundraising costs. Transparency is generally good through its consistent IRS 990 filings, which are publicly available. However, without specific program expense details, it's challenging to fully assess the impact of its grant-making activities. The consistent net losses in recent years, where expenses exceed revenue, warrant attention, though this could be a deliberate strategy for a trust to distribute assets.

Verdict: Edward P Clark Trust appears trustworthy

Red Flags

Strengths