Friends Of Clay County Conservation Foundation Inc
Friends Of Clay County Conservation Foundation Inc maintains strong asset growth with minimal expenses and no executive compensation.
EIN: 203698437 · Spencer, IA · NTEE: C60 · Updated: 2026-03-28
Is Friends Of Clay County Conservation Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Clay County Conservation Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Clay County Conservation Foundation Inc
Friends Of Clay County Conservation Foundation Inc (EIN: 203698437) is a nonprofit organization based in Spencer, IA, classified under NTEE code C60. The organization reported total revenue of $21K and total assets of $270K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Clay County Conservation 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 Friends Of Clay County Conservation 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, Friends Of Clay County Conservation 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 is 0% of expenses in both reported periods, indicating a volunteer-led organization, which is highly efficient for a nonprofit of this size.
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 Friends Of Clay County Conservation Foundation Inc:
- Strong asset growth from $240,493 to $267,064.
- Zero reported liabilities in both filing periods.
- No officer compensation reported, indicating volunteer leadership.
- Very low expenses relative to revenue, demonstrating high efficiency.
- Consistent financial surplus in both reported periods.
Frequently Asked Questions about Friends Of Clay County Conservation Foundation Inc
Is Friends Of Clay County Conservation Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Clay County Conservation Foundation Inc (EIN: 203698437) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Friends Of Clay County Conservation Foundation Inc spend its money?
Friends Of Clay County Conservation Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Clay County Conservation Foundation Inc tax-deductible?
Friends Of Clay County Conservation Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203698437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of Clay County Conservation Foundation Inc a good charity?
Based on its financial filings, Friends Of Clay County Conservation Foundation Inc appears to be a very good charity. It has no liabilities, growing assets, very low expenses relative to revenue, and no executive compensation, indicating a strong focus on its mission.
How does the organization manage its expenses?
The organization manages its expenses very efficiently. In 2023, expenses were only $13,919 against $40,490 in revenue, and in 2022, expenses were $10,581 against $217,482 in revenue. This suggests a lean operational model.
What is the trend in the organization's assets?
The organization's assets have shown consistent growth, increasing from $240,493 in 2022 to $267,064 in 2023, demonstrating financial stability and accumulation of resources.
Filing History
IRS 990 filing history for Friends Of Clay County Conservation Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Friends Of Clay County Conservation Foundation Inc's revenue has declined by 81.4%, moving from $217K to $40K. Total assets increased by 11% over the same period, from $240K to $267K. Total functional expenses rose by 31.5%, from $11K to $14K. In its most recent filing year (2023), Friends Of Clay County Conservation Foundation Inc reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $14K | $267K | $0 | — | — |
| 2022 | $217K | $11K | $240K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Friends Of Clay County Conservation 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.