Quick charity verification for Nathan M Clark Foundation (EIN: 201201954)
Verdict: Nathan M Clark Foundation appears trustworthy
75/100Mission Score
$4.3MRevenue
$9.7MAssets
3Red Flags
3Strengths
Red Flags
Consistent spending exceeding annual revenue, indicating reliance on asset drawdowns or undisclosed investment gains.
Lack of detailed expense breakdown (program, admin, fundraising) in summary data makes efficiency assessment challenging.
Unusually low liabilities ($0-$1) for an organization of its size, which could indicate minimal operational debt but also potentially limited financial activity beyond asset management and grantmaking.
Strengths
Stable and substantial asset base, consistently around $9-10 million in recent years, providing long-term financial security.
Consistent reporting of 0% officer compensation, suggesting high efficiency in leadership costs or a volunteer-driven model.
Low liabilities, indicating a financially conservative approach with minimal debt.
Spending Breakdown
How Nathan M Clark Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Nathan M Clark Foundation
Is Nathan M Clark Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nathan M Clark Foundation (EIN: 201201954) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Nathan M Clark Foundation a good charity to donate to?
Nathan M Clark Foundation has a Mission Score of 75/100. Revenue: $4.3M. Assets: $9.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nathan M Clark Foundation?
The Employer Identification Number (EIN) for Nathan M Clark Foundation is 201201954. 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 Nathan M Clark Foundation spend its money?
Nathan M Clark Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nathan M Clark Foundation's tax-exempt status?
You can verify Nathan M Clark Foundation's tax-exempt status using EIN 201201954 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 Nathan M Clark Foundation, with an EIN of 201201954, appears to be a private foundation based on its consistent asset levels and revenue fluctuations, which often include investment gains/losses. Its financial health is stable, maintaining assets around $9-10 million in recent years, despite experiencing significant revenue volatility, such as a negative revenue of $-93,499 in 2015 and a high of $8,540,293 in 2014. The foundation consistently spends more than it takes in through revenue in most recent years (e.g., 2023 revenue of $148,428 vs. expenses of $633,095), indicating it is drawing down on its endowment or relying on prior investment gains.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent expense levels, typically in the $600,000-$700,000 range in recent years, suggest a stable operational cost structure. A key positive indicator for transparency and efficiency is the consistent reporting of 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is unusual for an organization of this asset size.
Overall, the foundation demonstrates financial stability through its asset base but shows a pattern of spending exceeding annual revenue, which is typical for foundations distributing grants from an endowment. The lack of officer compensation is a notable positive for efficiency, though a more granular expense breakdown would enhance the transparency assessment.