Clauson Family Foundation Inc
Clauson Family Foundation maintains substantial assets with minimal operational expenses and no officer compensation.
EIN: 203995395 · Hanover, MD · NTEE: T20 · Updated: 2026-03-28
About Clauson Family Foundation Inc
Clauson Family Foundation Inc (EIN: 203995395) is a nonprofit organization based in Hanover, MD, classified under NTEE code T20. The organization reported total revenue of $2.2M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clauson Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Clauson Family Foundation Inc 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, Clauson Family Foundation Inc 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.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation is likely run by volunteers or has no paid officers, which is highly efficient for an organization of its size with assets over $5 million.
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 Clauson Family Foundation Inc:
- Consistent asset growth, reaching $5,271,591 in 2023.
- Extremely low operational expenses relative to revenue and assets, indicating high efficiency.
- No reported officer compensation across all filings, suggesting volunteer leadership and strong financial stewardship.
- Consistent IRS 990 filing history, demonstrating good transparency and compliance.
- Strong financial health with liabilities consistently reported as $1 or $0 in recent years.
Frequently Asked Questions about Clauson Family Foundation Inc
What are the primary programs or grants funded by the Clauson Family Foundation?
Based on the NTEE code T20 (Philanthropy, Voluntarism & Grantmaking Foundations) and the low operational expenses, the foundation primarily operates as a grantmaking entity. Specific grant recipients would require reviewing Schedule I of their 990 filings.
How does the foundation manage to operate with such low expenses?
The foundation's ability to operate with very low expenses (e.g., $18,799 in 2023) is likely due to a volunteer-based leadership, minimal overhead, and potentially outsourcing administrative tasks or having in-kind support, which is common for family foundations.
Is the Clauson Family Foundation a good charity for donors?
As a grantmaking foundation, it's not typically a charity that solicits public donations. However, its financial health, efficient operations, and lack of officer compensation suggest it is a well-managed entity effectively stewarding its assets for philanthropic purposes.
Filing History
IRS 990 filing history for Clauson Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Clauson Family Foundation Inc's revenue has grown by 2011.1%, moving from $18K to $379K. Total assets increased by 840.3% over the same period, from $561K to $5.3M. Total functional expenses fell by 85.5%, from $130K to $19K. In its most recent filing year (2023), Clauson Family Foundation Inc reported a surplus of $361K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $379K | $19K | $5.3M | $1 | — | — |
| 2022 | $153K | $127K | $5.1M | $1 | — | View 990 |
| 2021 | $98K | $29K | $5.0M | $1 | — | — |
| 2020 | $708 | $30K | $4.9M | $1 | — | — |
| 2019 | $1.0M | $336K | $5.0M | $1 | — | View 990 |
| 2015 | $32K | $19K | $1.8M | $1 | — | View 990 |
| 2014 | $1.1M | $171K | $1.8M | $0 | — | View 990 |
| 2013 | $656K | $88K | $892K | $1 | — | View 990 |
| 2012 | $88K | $156K | $482K | $1 | — | View 990 |
| 2011 | $18K | $130K | $561K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $379K, expenses of $19K, and assets of $5.3M (revenue +147.8% year-over-year).
- 2022: Revenue of $153K, expenses of $127K, and assets of $5.1M (revenue +56.0% year-over-year).
- 2021: Revenue of $98K, expenses of $29K, and assets of $5.0M (revenue +13766.5% year-over-year).
- 2020: Revenue of $708, expenses of $30K, and assets of $4.9M (revenue -99.9% year-over-year).
- 2019: Revenue of $1.0M, expenses of $336K, and assets of $5.0M (revenue +3152.6% year-over-year).
- 2015: Revenue of $32K, expenses of $19K, and assets of $1.8M (revenue -96.9% year-over-year).
- 2014: Revenue of $1.1M, expenses of $171K, and assets of $1.8M (revenue +60.3% year-over-year).
- 2013: Revenue of $656K, expenses of $88K, and assets of $892K (revenue +649.7% year-over-year).
- 2012: Revenue of $88K, expenses of $156K, and assets of $482K (revenue +387.1% year-over-year).
- 2011: Revenue of $18K, expenses of $130K, and assets of $561K.
Data Sources and Methodology
This transparency report for Clauson Family 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.