Clark And Christine Ivory Foundation
Clark And Christine Ivory Foundation shows significant asset growth and no reported officer compensation.
EIN: 200478665 · Murray, UT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.0M |
| Total Expenses | $25.5M |
| Program Spending | 90% |
| Net Assets | $194.6M |
| Transparency Score | 90/100 |
Is Clark And Christine Ivory Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clark And Christine Ivory Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clark And Christine Ivory Foundation
Clark And Christine Ivory Foundation (EIN: 200478665) is a nonprofit organization based in Murray, UT, classified under NTEE code T20. The organization reported total revenue of $22.0M and total assets of $326.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clark And Christine Ivory Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clark And Christine Ivory Foundation is a large nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 32.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.3M |
| Total Expenses | $25.5M |
| Surplus / Deficit | $-1,228,852 |
| Total Assets | $332.8M |
| Total Liabilities | $138.2M |
| Net Assets | $194.6M |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 41.5% |
| Months of Reserves | 156.6 months |
Financial Health Grade: B
In 2023, Clark And Christine Ivory Foundation reported a deficit of $1.2M with expenses exceeding revenue, holds 156.6 months of operating reserves (strong position), has a debt-to-asset ratio of 41.5% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Clark And Christine Ivory Foundation's revenue has grown at a compound annual growth rate (CAGR) of 32.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.6% | +121.0% | +28.9% |
| 2022 | +170.3% | -22.7% | +32.2% |
| 2021 | -22.8% | +252.0% | +35.0% |
| 2020 | +93.0% | -19.5% | +59.6% |
| 2019 | +89.1% | +143.7% | +161.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Clark And Christine Ivory Foundation with a Mission Score of 90 out of 100 (Excellent). 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, Clark And Christine Ivory 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:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.5%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and asset base.
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 Clark And Christine Ivory Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $70.6M in 2022 vs. $24.26M in 2023) could indicate reliance on unpredictable funding sources or investment gains.
Strengths
The following positive indicators were identified for Clark And Christine Ivory Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive costs.
- Substantial and consistent growth in assets, from $10.78 million in 2011 to $332.76 million in 2023.
- Long history of IRS 990 filings (10 filings), demonstrating transparency and compliance.
- Low liabilities relative to assets in most periods, indicating financial stability.
Frequently Asked Questions about Clark And Christine Ivory Foundation
Is Clark And Christine Ivory Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Clark And Christine Ivory Foundation (EIN: 200478665) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Clark And Christine Ivory Foundation spend its money?
Clark And Christine Ivory Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Clark And Christine Ivory Foundation tax-deductible?
Clark And Christine Ivory Foundation is registered as a tax-exempt nonprofit (EIN: 200478665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Clark And Christine Ivory Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Clark And Christine Ivory Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clark And Christine Ivory Foundation located?
Clark And Christine Ivory Foundation is headquartered in Murray, Utah and files with the IRS under EIN 200478665. It is classified under NTEE code T20.
How many years of IRS 990 filings does Clark And Christine Ivory Foundation have?
Clark And Christine Ivory 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 $22.0M in total revenue.
Is the Clark And Christine Ivory Foundation a good charity?
Based on the provided data, the foundation appears to be a very good charity. It has substantial and growing assets, consistently reports 0% officer compensation, and has a long history of IRS 990 filings, indicating transparency and a focus on its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has dramatically improved, with assets increasing from $10.78 million in 2011 to $332.76 million in 2023, and revenue showing significant growth, albeit with annual fluctuations.
What is the foundation's approach to executive compensation?
The foundation's approach to executive compensation is to report 0% officer compensation, meaning no salaries are paid to its officers, which is a strong indicator of financial efficiency.
Filing History
IRS 990 filing history for Clark And Christine Ivory Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Clark And Christine Ivory Foundation's revenue has grown by 2709.6%, moving from $864K to $24.3M. Total assets increased by 2986.2% over the same period, from $10.8M to $332.8M. Total functional expenses rose by 32688%, from $78K to $25.5M. In its most recent filing year (2023), Clark And Christine Ivory Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $138.2M in liabilities against $332.8M in assets (debt-to-asset ratio: 41.5%), resulting in net assets of $194.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.3M | $25.5M | $332.8M | $138.2M | — | View 990 |
| 2022 | $70.6M | $11.5M | $258.2M | $68.5M | — | View 990 |
| 2021 | $26.1M | $14.9M | $195.3M | $64.0M | — | View 990 |
| 2020 | $33.8M | $4.2M | $144.6M | $24.5M | — | — |
| 2019 | $17.5M | $5.3M | $90.6M | $103K | — | — |
| 2015 | $9.3M | $2.2M | $34.6M | $1 | — | View 990 |
| 2014 | $10.1M | $1.3M | $27.5M | $0 | — | View 990 |
| 2013 | $6.7M | $2.2M | $18.8M | $0 | — | View 990 |
| 2012 | $4.3M | $853K | $14.2M | $0 | — | View 990 |
| 2011 | $864K | $78K | $10.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.3M, expenses of $25.5M, and assets of $332.8M (revenue -65.6% year-over-year).
- 2022: Revenue of $70.6M, expenses of $11.5M, and assets of $258.2M (revenue +170.3% year-over-year).
- 2021: Revenue of $26.1M, expenses of $14.9M, and assets of $195.3M (revenue -22.8% year-over-year).
- 2020: Revenue of $33.8M, expenses of $4.2M, and assets of $144.6M (revenue +93.0% year-over-year).
- 2019: Revenue of $17.5M, expenses of $5.3M, and assets of $90.6M (revenue +89.1% year-over-year).
- 2015: Revenue of $9.3M, expenses of $2.2M, and assets of $34.6M (revenue -8.6% year-over-year).
- 2014: Revenue of $10.1M, expenses of $1.3M, and assets of $27.5M (revenue +50.8% year-over-year).
- 2013: Revenue of $6.7M, expenses of $2.2M, and assets of $18.8M (revenue +57.4% year-over-year).
- 2012: Revenue of $4.3M, expenses of $853K, and assets of $14.2M (revenue +394.3% year-over-year).
- 2011: Revenue of $864K, expenses of $78K, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clark And Christine Ivory Foundation:
Data Sources and Methodology
This transparency report for Clark And Christine Ivory 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.