Clark Family Foundation
Clark Family Foundation consistently grows assets with zero reported officer compensation.
EIN: 201658721 · Marietta, PA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $684K |
| Program Spending | 90% |
| Net Assets | $10.3M |
| Transparency Score | 95/100 |
Is Clark Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clark Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clark Family Foundation
Clark Family Foundation (EIN: 201658721) is a nonprofit organization based in Marietta, PA, classified under NTEE code T20. The organization reported total revenue of $5.0M and total assets of $11.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clark Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clark Family Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $781K |
| Total Expenses | $684K |
| Surplus / Deficit | +$97K |
| Total Assets | $10.3M |
| Total Liabilities | $1 |
| Net Assets | $10.3M |
| Operating Margin | 12.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 180.9 months |
Financial Health Grade: A
In 2023, Clark Family Foundation reported a surplus of $97K with revenue exceeding expenses, holds 180.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Clark Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.9% | +9.9% | +16.3% |
| 2022 | -33.6% | -10.1% | -11.5% |
| 2021 | +173.2% | +2.9% | +16.2% |
| 2020 | -31.3% | +3.9% | +5.7% |
| 2019 | +25.4% | +26.5% | +30.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Family Foundation with a Mission Score of 95 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 Family 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 surplus of $97K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Clark Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is a highly positive indicator for efficiency and ensures that a greater proportion of funds can be directed towards its mission.
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.
Strengths
The following positive indicators were identified for Clark Family Foundation:
- Consistent asset growth, from $5,009,684 in 2011 to $10,312,790 in 2023.
- Zero reported officer compensation across all 10 filings, indicating high efficiency.
- Extremely low liabilities (often $1), demonstrating strong financial health and minimal risk.
- Stable expense management, typically between $400,000-$700,000 annually, despite revenue fluctuations.
Frequently Asked Questions about Clark Family Foundation
Is Clark Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Clark Family Foundation (EIN: 201658721) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Clark Family Foundation spend its money?
Clark Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Clark Family Foundation tax-deductible?
Clark Family Foundation is registered as a tax-exempt nonprofit (EIN: 201658721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Clark Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Clark Family 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 Family Foundation located?
Clark Family Foundation is headquartered in Marietta, Pennsylvania and files with the IRS under EIN 201658721. It is classified under NTEE code T20.
How many years of IRS 990 filings does Clark Family Foundation have?
Clark Family 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 $5.0M in total revenue.
Is the Clark Family Foundation financially stable?
Yes, the foundation is very financially stable. Its assets have consistently grown from $5,009,684 in 2011 to $10,312,790 in 2023, and it maintains minimal liabilities (often $1).
How efficient is the Clark Family Foundation with its spending?
The foundation appears highly efficient, particularly given its consistent reporting of 0% officer compensation across all filings, suggesting very low administrative overhead in this area.
What is the trend in the foundation's revenue?
Revenue has fluctuated, with a high of $1,892,138 in 2021 and a low of $692,514 in 2020, but overall, the foundation has maintained sufficient income to grow its asset base.
Does the Clark Family Foundation have any debt?
No, the foundation consistently reports extremely low liabilities, often just $1, indicating virtually no debt.
Filing History
IRS 990 filing history for Clark Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Clark Family Foundation's revenue has declined by 38.4%, moving from $1.3M to $781K. Total assets increased by 105.9% over the same period, from $5.0M to $10.3M. Total functional expenses rose by 61.3%, from $424K to $684K. In its most recent filing year (2023), Clark Family Foundation reported a surplus of $97K, with revenue exceeding expenses. The organization holds $1 in liabilities against $10.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $781K | $684K | $10.3M | $1 | — | View 990 |
| 2022 | $1.3M | $623K | $8.9M | $1 | — | View 990 |
| 2021 | $1.9M | $693K | $10.0M | $1 | — | View 990 |
| 2020 | $693K | $674K | $8.6M | $1 | — | View 990 |
| 2019 | $1.0M | $648K | $8.2M | $1 | — | View 990 |
| 2015 | $804K | $512K | $6.2M | $1 | — | View 990 |
| 2014 | $874K | $528K | $6.4M | $0 | — | View 990 |
| 2013 | $848K | $459K | $6.0M | $0 | — | View 990 |
| 2012 | $833K | $411K | $5.4M | $0 | — | View 990 |
| 2011 | $1.3M | $424K | $5.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $781K, expenses of $684K, and assets of $10.3M (revenue -37.9% year-over-year).
- 2022: Revenue of $1.3M, expenses of $623K, and assets of $8.9M (revenue -33.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $693K, and assets of $10.0M (revenue +173.2% year-over-year).
- 2020: Revenue of $693K, expenses of $674K, and assets of $8.6M (revenue -31.3% year-over-year).
- 2019: Revenue of $1.0M, expenses of $648K, and assets of $8.2M (revenue +25.4% year-over-year).
- 2015: Revenue of $804K, expenses of $512K, and assets of $6.2M (revenue -8.0% year-over-year).
- 2014: Revenue of $874K, expenses of $528K, and assets of $6.4M (revenue +3.0% year-over-year).
- 2013: Revenue of $848K, expenses of $459K, and assets of $6.0M (revenue +1.8% year-over-year).
- 2012: Revenue of $833K, expenses of $411K, and assets of $5.4M (revenue -34.3% year-over-year).
- 2011: Revenue of $1.3M, expenses of $424K, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clark Family Foundation:
Data Sources and Methodology
This transparency report for Clark Family 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.