Diane And Steve Clark Family Foundation

Diane And Steve Clark Family Foundation maintains strong asset growth and no officer compensation over a decade.

EIN: 205632349 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28

$974KRevenue

$4.9MAssets

92/100Mission Score (Excellent)

T20

About Diane And Steve Clark Family Foundation

Diane And Steve Clark Family Foundation (EIN: 205632349) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $974K and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diane And Steve Clark Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Diane And Steve Clark Family Foundation demonstrates consistent financial health, with assets growing from $1,960,559 in 2011 to $4,957,424 in 2023. The organization consistently operates with low liabilities, indicating sound financial management. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent absence of officer compensation suggests a lean operational structure and a commitment to directing resources towards its mission. The foundation's revenue has fluctuated, with a high of $906,859 in 2021 and a low of $163,279 in 2011, but it has maintained a strong asset base relative to its annual expenses. The foundation's consistent filing of IRS 990 forms over a decade indicates a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Diane And Steve Clark Family Foundation with a Mission Score of 92 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, Diane And Steve 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.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for resource allocation to 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 Diane And Steve Clark Family Foundation:

Consistent asset growth from $1.96M in 2011 to $4.95M in 2023.
0% officer compensation reported across all available filings, indicating high efficiency.
Low liabilities relative to assets, demonstrating strong financial management.
Consistent IRS 990 filing history for over a decade, showing transparency.

Frequently Asked Questions about Diane And Steve Clark Family Foundation

Is the Diane And Steve Clark Family Foundation a good charity?

Based on the provided financial data, the foundation appears to be a very good charity. It has consistently grown its assets, maintained low liabilities, and most notably, reported 0% officer compensation for over a decade, suggesting a strong commitment to its mission and efficient use of funds.

How has the foundation's financial health changed over time?

The foundation's financial health has significantly improved over time, with assets growing from $1,960,559 in 2011 to $4,957,424 in 2023. While revenue and expenses fluctuate annually, the overall trend shows a robust and growing asset base.

What is the foundation's approach to executive compensation?

The foundation's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This indicates that leadership is likely unpaid or compensated through other means not categorized as officer compensation, maximizing funds available for charitable activities.

Filing History

IRS 990 filing history for Diane And Steve Clark Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Diane And Steve Clark Family Foundation's revenue has grown by 38.8%, moving from $163K to $227K. Total assets increased by 152.9% over the same period, from $2.0M to $5.0M. Total functional expenses rose by 714.6%, from $40K to $327K. In its most recent filing year (2023), Diane And Steve Clark Family Foundation reported a deficit of $101K, with expenses exceeding revenue. The organization holds $12K in liabilities against $5.0M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $4.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$227K	$327K	$5.0M	$12K	—	—
2022	$438K	$360K	$5.1M	$20K	—	View 990
2021	$907K	$283K	$5.0M	$25K	—	View 990
2020	$282K	$260K	$4.4M	$21K	—	View 990
2019	$448K	$249K	$4.4M	$31K	—	View 990
2015	$586K	$161K	$3.0M	$14K	—	View 990
2014	$290K	$143K	$2.6M	$11K	—	View 990
2013	$352K	$123K	$2.4M	$29K	—	View 990
2012	$324K	$114K	$2.2M	$1	—	View 990
2011	$163K	$40K	$2.0M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $227K, expenses of $327K, and assets of $5.0M (revenue -48.3% year-over-year).
2022: Revenue of $438K, expenses of $360K, and assets of $5.1M (revenue -51.7% year-over-year).
2021: Revenue of $907K, expenses of $283K, and assets of $5.0M (revenue +221.2% year-over-year).
2020: Revenue of $282K, expenses of $260K, and assets of $4.4M (revenue -37.0% year-over-year).
2019: Revenue of $448K, expenses of $249K, and assets of $4.4M (revenue -23.6% year-over-year).
2015: Revenue of $586K, expenses of $161K, and assets of $3.0M (revenue +102.4% year-over-year).
2014: Revenue of $290K, expenses of $143K, and assets of $2.6M (revenue -17.8% year-over-year).
2013: Revenue of $352K, expenses of $123K, and assets of $2.4M (revenue +8.7% year-over-year).
2012: Revenue of $324K, expenses of $114K, and assets of $2.2M (revenue +98.6% year-over-year).
2011: Revenue of $163K, expenses of $40K, and assets of $2.0M.

Data Sources and Methodology

This transparency report for Diane And Steve 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.