Clarksville Charitable And Educational Foundation Inc
Clarksville Charitable And Educational Foundation Inc frequently operates at a deficit, relying on its substantial $1.8 million asset base.
EIN: 201679314 · Clarksville, TN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $112K |
| Program Spending | 80% |
| Net Assets | $1.8M |
| Transparency Score | 75/100 |
Is Clarksville Charitable And Educational Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clarksville Charitable And Educational Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clarksville Charitable And Educational Foundation Inc
Clarksville Charitable And Educational Foundation Inc (EIN: 201679314) is a nonprofit organization based in Clarksville, TN, classified under NTEE code T20. The organization reported total revenue of $140K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clarksville Charitable And Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clarksville Charitable And Educational Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $112K |
| Surplus / Deficit | $-14,278 |
| Total Assets | $1.9M |
| Total Liabilities | $98K |
| Net Assets | $1.8M |
| Operating Margin | -14.6% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 201.4 months |
Financial Health Grade: B
In 2023, Clarksville Charitable And Educational Foundation Inc reported a deficit of $14K with expenses exceeding revenue, holds 201.4 months of operating reserves (strong position), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Clarksville Charitable And Educational Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +19.8% | +1.5% |
| 2022 | +100.8% | +41.0% | +0.1% |
| 2021 | -40.4% | +16.9% | -0.9% |
| 2020 | -0.7% | -31.5% | +2.2% |
| 2019 | +41.2% | +26.4% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Clarksville Charitable And Educational Foundation Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Clarksville Charitable And Educational Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for minimizing administrative overhead.
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 Clarksville Charitable And Educational Foundation Inc's IRS 990 filings:
- Frequent operational deficits (expenses exceeding revenue in 7 out of 10 periods)
- Reliance on asset base to cover annual expenses rather than consistent revenue generation
Strengths
The following positive indicators were identified for Clarksville Charitable And Educational Foundation Inc:
- Strong and stable asset base (consistently over $1.8 million)
- No reported officer compensation, indicating low administrative overhead at the executive level
- Consistent IRS 990 filing history, demonstrating transparency
Frequently Asked Questions about Clarksville Charitable And Educational Foundation Inc
Is Clarksville Charitable And Educational Foundation Inc a legitimate charity?
Clarksville Charitable And Educational Foundation Inc (EIN: 201679314) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $140K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Clarksville Charitable And Educational Foundation Inc spend its money?
Clarksville Charitable And Educational Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Clarksville Charitable And Educational Foundation Inc tax-deductible?
Clarksville Charitable And Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201679314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Clarksville Charitable And Educational Foundation Inc's spending goes to programs?
Clarksville Charitable And Educational Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Clarksville Charitable And Educational Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Clarksville Charitable And Educational Foundation Inc 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 Clarksville Charitable And Educational Foundation Inc located?
Clarksville Charitable And Educational Foundation Inc is headquartered in Clarksville, Tennessee and files with the IRS under EIN 201679314. It is classified under NTEE code T20.
How many years of IRS 990 filings does Clarksville Charitable And Educational Foundation Inc have?
Clarksville Charitable And Educational Foundation Inc 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 $140K in total revenue.
Is Clarksville Charitable And Educational Foundation Inc a good charity?
The foundation exhibits strong financial stability with over $1.8 million in assets and no reported officer compensation, suggesting efficient use of funds at the leadership level. However, it frequently spends more than it earns annually, which could be a concern if not managed by its substantial endowment.
How does the organization sustain itself with recurring deficits?
The organization likely sustains itself through its significant asset base, which has consistently been over $1.8 million. This suggests it may be drawing from an endowment or investment income to cover operational expenses when annual revenues fall short, as seen in 7 of the last 10 periods.
What is the primary purpose of this foundation?
Based on its NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), its primary purpose is likely to provide grants or financial support to other charitable or educational initiatives, rather than directly operating programs.
Filing History
IRS 990 filing history for Clarksville Charitable And Educational Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Clarksville Charitable And Educational Foundation Inc's revenue has grown by 87.9%, moving from $52K to $98K. Total assets increased by 11.9% over the same period, from $1.7M to $1.9M. Total functional expenses rose by 94.4%, from $58K to $112K. In its most recent filing year (2023), Clarksville Charitable And Educational Foundation Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $98K in liabilities against $1.9M in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $112K | $1.9M | $98K | — | View 990 |
| 2022 | $90K | $94K | $1.9M | $56K | — | View 990 |
| 2021 | $45K | $66K | $1.9M | $50K | — | View 990 |
| 2020 | $75K | $57K | $1.9M | $45K | — | View 990 |
| 2019 | $75K | $83K | $1.8M | $22K | — | View 990 |
| 2015 | $53K | $66K | $1.9M | $1 | — | View 990 |
| 2014 | $106K | $101K | $1.9M | $1 | — | View 990 |
| 2013 | $100K | $97K | $1.9M | $1 | — | View 990 |
| 2012 | $41K | $73K | $1.7M | $1 | — | View 990 |
| 2011 | $52K | $58K | $1.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $112K, and assets of $1.9M (revenue +9.3% year-over-year).
- 2022: Revenue of $90K, expenses of $94K, and assets of $1.9M (revenue +100.8% year-over-year).
- 2021: Revenue of $45K, expenses of $66K, and assets of $1.9M (revenue -40.4% year-over-year).
- 2020: Revenue of $75K, expenses of $57K, and assets of $1.9M (revenue -0.7% year-over-year).
- 2019: Revenue of $75K, expenses of $83K, and assets of $1.8M (revenue +41.2% year-over-year).
- 2015: Revenue of $53K, expenses of $66K, and assets of $1.9M (revenue -49.8% year-over-year).
- 2014: Revenue of $106K, expenses of $101K, and assets of $1.9M (revenue +6.0% year-over-year).
- 2013: Revenue of $100K, expenses of $97K, and assets of $1.9M (revenue +146.6% year-over-year).
- 2012: Revenue of $41K, expenses of $73K, and assets of $1.7M (revenue -22.0% year-over-year).
- 2011: Revenue of $52K, expenses of $58K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clarksville Charitable And Educational Foundation Inc:
Data Sources and Methodology
This transparency report for Clarksville Charitable And Educational Foundation Inc 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.