Clefworks Inc

Clefworks Inc. maintains stable finances with volunteer leadership amidst fluctuating revenues.

EIN: 205249586 · Montgomery, AL · NTEE: A20 · Updated: 2026-03-28

$24KRevenue

$22KAssets

85/100Mission Score (Excellent)

A20

About Clefworks Inc

Clefworks Inc (EIN: 205249586) is a nonprofit organization based in Montgomery, AL, classified under NTEE code A20. The organization reported total revenue of $24K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clefworks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Clefworks Inc. demonstrates a consistent commitment to its mission as evidenced by its program spending. In the latest filing (202312), the organization reported expenses of $19,764 against revenues of $23,495, indicating a financially stable year. Over the past several years, the organization has maintained a relatively small operational footprint, with assets fluctuating but generally remaining modest, such as $22,038 in 2023. The organization's financial health appears stable for its size, though it has experienced fluctuations in revenue and expenses over the past decade, with a notable decrease in revenue from a high of $75,412 in 2016 to $23,495 in 2023.

The organization's spending efficiency is commendable, particularly given its consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation. This practice contributes to a higher proportion of funds potentially being directed towards programs. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the absence of officer compensation is a positive indicator of efficient resource allocation. The organization's consistent filing of IRS 990 forms over 13 periods demonstrates a strong commitment to transparency.

Overall, Clefworks Inc. appears to be a well-managed small nonprofit with a focus on its mission, maintaining financial stability despite varying revenue streams. Its transparency through regular filings and lack of reported officer compensation are significant strengths, suggesting that donor funds are likely utilized effectively.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Clefworks Inc with a Mission Score of 85 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, Clefworks 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.

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 non-officer roles, which is highly efficient for an organization of its size with latest revenue of $24,357.

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 Clefworks Inc's IRS 990 filings:

Significant fluctuation in annual revenue, from $75,412 in 2016 to $23,495 in 2023, which could indicate inconsistent funding sources or program scale.

Strengths

The following positive indicators were identified for Clefworks Inc:

Consistent 0% officer compensation reported across all filings, indicating highly efficient use of funds for programs.
Strong transparency with 13 IRS 990 filings available.
Positive net assets ($22,038 in 2023) and generally managed expenses below revenue in recent years, indicating financial prudence.
Low liabilities, with $143 in 2023, suggesting good financial management.

Frequently Asked Questions about Clefworks Inc

Is Clefworks Inc. a good charity?

Based on the available data, Clefworks Inc. appears to be a good charity. It demonstrates strong financial transparency with 13 IRS 990 filings and reports 0% officer compensation, suggesting efficient use of funds and a strong program focus.

How has Clefworks Inc.'s revenue trended over time?

Clefworks Inc.'s revenue has fluctuated significantly over the past decade, peaking at $75,412 in 2016 and declining to $23,495 in 2023. This indicates a need for consistent fundraising efforts or adaptation to changing funding landscapes.

What is the financial stability of Clefworks Inc.?

Clefworks Inc. shows reasonable financial stability for its size. While revenues and expenses fluctuate, the organization generally manages to keep expenses below or close to revenue, as seen in 2023 where revenue ($23,495) exceeded expenses ($19,764). Assets have also remained modest but positive, at $22,038 in 2023.

Filing History

IRS 990 filing history for Clefworks Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Clefworks Inc's revenue has declined by 68.4%, moving from $74K to $23K. Total assets decreased by 59.9% over the same period, from $55K to $22K. Total functional expenses fell by 73.1%, from $73K to $20K. In its most recent filing year (2023), Clefworks Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $143 in liabilities against $22K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $22K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$23K	$20K	$22K	$143	—	View 990
2022	$41K	$38K	$18K	$176	—	View 990
2021	$32K	$50K	$15K	$657	—	—
2020	$43K	$41K	$33K	$657	—	—
2019	$31K	$43K	$31K	$427	—	View 990
2018	$63K	$62K	$43K	$619	—	View 990
2017	$51K	$52K	$42K	$299	—	View 990
2016	$75K	$48K	$42K	$436	—	View 990
2015	$64K	$83K	$15K	$361	—	View 990
2014	$65K	$71K	$35K	$668	—	View 990
2013	$59K	$63K	$40K	$668	—	View 990
2012	$57K	$68K	$44K	$626	—	View 990
2011	$74K	$73K	$55K	$638	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $23K, expenses of $20K, and assets of $22K (revenue -42.6% year-over-year).
2022: Revenue of $41K, expenses of $38K, and assets of $18K (revenue +27.5% year-over-year).
2021: Revenue of $32K, expenses of $50K, and assets of $15K (revenue -24.9% year-over-year).
2020: Revenue of $43K, expenses of $41K, and assets of $33K (revenue +39.0% year-over-year).
2019: Revenue of $31K, expenses of $43K, and assets of $31K (revenue -51.2% year-over-year).
2018: Revenue of $63K, expenses of $62K, and assets of $43K (revenue +22.9% year-over-year).
2017: Revenue of $51K, expenses of $52K, and assets of $42K (revenue -31.9% year-over-year).
2016: Revenue of $75K, expenses of $48K, and assets of $42K (revenue +17.9% year-over-year).
2015: Revenue of $64K, expenses of $83K, and assets of $15K (revenue -1.6% year-over-year).
2014: Revenue of $65K, expenses of $71K, and assets of $35K (revenue +10.4% year-over-year).
2013: Revenue of $59K, expenses of $63K, and assets of $40K (revenue +3.5% year-over-year).
2012: Revenue of $57K, expenses of $68K, and assets of $44K (revenue -23.5% year-over-year).
2011: Revenue of $74K, expenses of $73K, and assets of $55K.

Data Sources and Methodology

This transparency report for Clefworks 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.