Clc Foundation Inc
Clc Foundation Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 133676239 · Warwick, NY · NTEE: T31J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| Net Assets | $3.7M |
| Transparency Score | 90/100 |
Is Clc Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clc Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clc Foundation Inc
Clc Foundation Inc (EIN: 133676239) is a nonprofit organization based in Warwick, NY, classified under NTEE code T31J. The organization reported total revenue of $2.6M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clc Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clc Foundation Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $4.2M |
| Total Liabilities | $502K |
| Net Assets | $3.7M |
| Operating Margin | 43.7% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 27.7 months |
Financial Health Grade: A
In 2023, Clc Foundation Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 27.7 months of operating reserves (strong position), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Clc Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.9% | +0.7% | +44.7% |
| 2022 | +10.1% | +29.2% | +9.5% |
| 2021 | +23.8% | +2.9% | +16.4% |
| 2020 | -17.1% | -4.1% | -4.6% |
| 2019 | +9.1% | -0.3% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Clc Foundation Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Clc Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.1%.
Executive Compensation Analysis
Clc Foundation Inc reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual and suggests a volunteer-led executive team or that compensation is reported under other expense categories.
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 Clc Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown to verify program spending ratio directly from provided data
- Unusually low liabilities relative to assets in some periods, which could warrant further investigation into financial structure
Strengths
The following positive indicators were identified for Clc Foundation Inc:
- Consistent and significant revenue growth, from $1,004,134 in 2014 to $3,202,011 in 2023.
- Healthy asset accumulation, increasing from $2,468,295 in 2014 to $4,164,631 in 2023.
- Reported 0% officer compensation across all filings, indicating efficient use of funds for executive leadership.
- Positive net income in most recent years, particularly in 2023 where revenue ($3,202,011) significantly exceeded expenses ($1,804,286).
Frequently Asked Questions about Clc Foundation Inc
Is Clc Foundation Inc a legitimate charity?
Clc Foundation Inc (EIN: 133676239) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Clc Foundation Inc spend its money?
Clc Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Clc Foundation Inc tax-deductible?
Clc Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133676239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Clc Foundation Inc's spending goes to programs?
Clc Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Clc Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Clc Foundation Inc is above average for NTEE category T31J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clc Foundation Inc located?
Clc Foundation Inc is headquartered in Warwick, New York and files with the IRS under EIN 133676239. It is classified under NTEE code T31J.
How many years of IRS 990 filings does Clc Foundation Inc have?
Clc Foundation Inc has 13 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 $2.6M in total revenue.
Is Clc Foundation Inc a good charity?
Based on the available financial data, Clc Foundation Inc appears to be a well-managed charity. It demonstrates consistent revenue growth, healthy asset accumulation, and a reported 0% officer compensation, which are all positive indicators of financial health and efficiency.
How has Clc Foundation Inc's revenue trended over time?
Clc Foundation Inc has shown a strong upward trend in revenue, growing from $1,004,134 in 2014 to $3,202,011 in 2023, indicating increasing support and financial capacity.
What is the organization's asset growth like?
The organization's assets have grown significantly, from $2,468,295 in 2014 to $4,164,631 in 2023, demonstrating a healthy accumulation of resources.
Does Clc Foundation Inc have high administrative costs?
While specific administrative cost breakdowns are not provided in the summary, the overall financial health and the reported 0% officer compensation suggest that administrative costs are likely well-managed relative to program spending, contributing to a high mission score.
Filing History
IRS 990 filing history for Clc Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Clc Foundation Inc's revenue has grown by 656.3%, moving from $423K to $3.2M. Total assets increased by 1916.5% over the same period, from $207K to $4.2M. Total functional expenses rose by 352.1%, from $399K to $1.8M. In its most recent filing year (2023), Clc Foundation Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $502K in liabilities against $4.2M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $1.8M | $4.2M | $502K | — | View 990 |
| 2022 | $1.8M | $1.8M | $2.9M | $616K | — | — |
| 2021 | $1.6M | $1.4M | $2.6M | $347K | — | View 990 |
| 2020 | $1.3M | $1.3M | $2.3M | $208K | — | — |
| 2019 | $1.6M | $1.4M | $2.4M | $279K | — | View 990 |
| 2018 | $1.4M | $1.4M | $2.2M | $242K | — | View 990 |
| 2017 | $1.4M | $1.5M | $2.3M | $445K | — | View 990 |
| 2016 | $1.3M | $1.4M | $2.4M | $448K | — | View 990 |
| 2015 | $1.1M | $1.1M | $2.5M | $453K | — | View 990 |
| 2014 | $1.0M | $1.1M | $2.5M | $448K | — | View 990 |
| 2013 | $428K | $455K | $157K | $8K | — | View 990 |
| 2012 | $393K | $416K | $202K | $27K | — | View 990 |
| 2011 | $423K | $399K | $207K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $1.8M, and assets of $4.2M (revenue +79.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $2.9M (revenue +10.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $2.6M (revenue +23.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $2.3M (revenue -17.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $2.4M (revenue +9.1% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $2.2M (revenue +3.2% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $2.3M (revenue +4.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $2.4M (revenue +18.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $2.5M (revenue +12.5% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $2.5M (revenue +134.3% year-over-year).
- 2013: Revenue of $428K, expenses of $455K, and assets of $157K (revenue +9.1% year-over-year).
- 2012: Revenue of $393K, expenses of $416K, and assets of $202K (revenue -7.3% year-over-year).
- 2011: Revenue of $423K, expenses of $399K, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clc Foundation Inc:
Data Sources and Methodology
This transparency report for Clc 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.