Claire And Jack Nath Charitable Foundation
Claire And Jack Nath Charitable Foundation maintains stable assets despite fluctuating revenue and consistent expenses.
EIN: 134136475 · Potomac, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $437K |
| Total Expenses | $112K |
| Program Spending | 90% |
| Net Assets | $1.5M |
| Transparency Score | 75/100 |
Is Claire And Jack Nath Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Claire And Jack Nath Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Claire And Jack Nath Charitable Foundation
Claire And Jack Nath Charitable Foundation (EIN: 134136475) is a nonprofit organization based in Potomac, MD, classified under NTEE code T22. The organization reported total revenue of $437K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Claire And Jack Nath Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Claire And Jack Nath Charitable Foundation is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -114.4% | -12.5% | +3.7% |
| 2022 | -90.3% | +39.0% | -18.6% |
| 2021 | +281.4% | -12.1% | +17.9% |
| 2020 | +136.4% | -1.7% | -1.8% |
| 2019 | -51.7% | -5.4% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Claire And Jack Nath Charitable Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Claire And Jack Nath Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that officers or trustees are not compensated for their roles, which is a positive sign for donor confidence and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Claire And Jack Nath Charitable Foundation's IRS 990 filings:
- Negative revenue reported in 2023 while still incurring significant expenses ($112,442), leading to asset depletion.
- Expenses consistently exceed revenue in most years, indicating reliance on asset drawdowns or prior year surpluses.
Strengths
The following positive indicators were identified for Claire And Jack Nath Charitable Foundation:
- Consistent filing of IRS Form 990s, demonstrating transparency.
- No officer compensation reported across all filings, indicating efficient use of funds.
- Stable asset base over a decade, suggesting long-term financial planning.
- Low liabilities, indicating good financial management and minimal debt.
Frequently Asked Questions about Claire And Jack Nath Charitable Foundation
Is Claire And Jack Nath Charitable Foundation a legitimate charity?
Claire And Jack Nath Charitable Foundation (EIN: 134136475) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $437K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Claire And Jack Nath Charitable Foundation spend its money?
Claire And Jack Nath Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Claire And Jack Nath Charitable Foundation tax-deductible?
Claire And Jack Nath Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 134136475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Claire And Jack Nath Charitable Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Claire And Jack Nath Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Claire And Jack Nath Charitable Foundation located?
Claire And Jack Nath Charitable Foundation is headquartered in Potomac, Maryland and files with the IRS under EIN 134136475. It is classified under NTEE code T22.
How many years of IRS 990 filings does Claire And Jack Nath Charitable Foundation have?
Claire And Jack Nath Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $437K in total revenue.
What are the specific program activities or grants made by the foundation?
The provided data does not detail specific program activities or grant recipients. Further investigation into the full 990 forms would be needed to understand the nature and beneficiaries of its charitable distributions.
Why did the foundation report negative revenue in 2023?
Negative revenue in 2023 ($-4,871) could be due to investment losses exceeding any income, or a return of prior year grants/contributions. This warrants closer examination of the 2023 filing's revenue section.
Is the foundation actively fundraising?
Given the consistent revenue patterns, which often appear to be investment income rather than public contributions, and the NTEE code T22 (Private Grantmaking Foundations), it is unlikely the foundation engages in active public fundraising. The 0% allocated to fundraising in the spending breakdown reflects this assumption.
Filing History
IRS 990 filing history for Claire And Jack Nath Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Claire And Jack Nath Charitable Foundation's revenue has declined by 112.1%, moving from $40K to $-4,871. Total assets decreased by 13.3% over the same period, from $1.8M to $1.5M. Total functional expenses fell by 1.8%, from $114K to $112K. The organization holds $4K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-4,871 | $112K | $1.5M | $4K | — | — |
| 2022 | $34K | $129K | $1.5M | $4K | — | View 990 |
| 2021 | $349K | $92K | $1.8M | $4K | — | — |
| 2020 | $92K | $105K | $1.5M | $3K | — | — |
| 2019 | $39K | $107K | $1.6M | $3K | — | View 990 |
| 2015 | $80K | $113K | $1.6M | $3K | — | View 990 |
| 2014 | $42K | $118K | $1.6M | $3K | — | View 990 |
| 2013 | $125K | $126K | $1.7M | $3K | — | View 990 |
| 2012 | $86K | $124K | $1.7M | $3K | — | View 990 |
| 2011 | $40K | $114K | $1.8M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-4,871, expenses of $112K, and assets of $1.5M (revenue -114.4% year-over-year).
- 2022: Revenue of $34K, expenses of $129K, and assets of $1.5M (revenue -90.3% year-over-year).
- 2021: Revenue of $349K, expenses of $92K, and assets of $1.8M (revenue +281.4% year-over-year).
- 2020: Revenue of $92K, expenses of $105K, and assets of $1.5M (revenue +136.4% year-over-year).
- 2019: Revenue of $39K, expenses of $107K, and assets of $1.6M (revenue -51.7% year-over-year).
- 2015: Revenue of $80K, expenses of $113K, and assets of $1.6M (revenue +92.6% year-over-year).
- 2014: Revenue of $42K, expenses of $118K, and assets of $1.6M (revenue -66.7% year-over-year).
- 2013: Revenue of $125K, expenses of $126K, and assets of $1.7M (revenue +45.7% year-over-year).
- 2012: Revenue of $86K, expenses of $124K, and assets of $1.7M (revenue +113.8% year-over-year).
- 2011: Revenue of $40K, expenses of $114K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Claire And Jack Nath Charitable Foundation:
Data Sources and Methodology
This transparency report for Claire And Jack Nath Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.