Jordan W And Julie A Clements Foundation
EIN: 475307608 · Salt Lake Cty, UT · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $781K |
| Total Expenses | $249K |
| Net Assets | $488K |
Is Jordan W And Julie A Clements Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jordan W And Julie A Clements Foundation
Jordan W And Julie A Clements Foundation (EIN: 475307608) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code T22. The organization reported total revenue of $781K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jordan W And Julie A Clements Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jordan W And Julie A Clements Foundation is a small nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 297.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $249K |
| Surplus / Deficit | $-186,110 |
| Total Assets | $488K |
| Total Liabilities | $1 |
| Net Assets | $488K |
| Operating Margin | -297.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 23.6 months |
Financial Health Grade: B
In 2023, Jordan W And Julie A Clements Foundation reported a deficit of $186K with expenses exceeding revenue, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Jordan W And Julie A Clements Foundation's revenue has grown at a compound annual growth rate (CAGR) of 297.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -200.6% | -22.8% | -27.2% |
| 2021 | -76.7% | +132.8% | -7.7% |
| 2020 | +394.9% | +11.6% | +61.8% |
| 2019 | +9361400.0% | — | +62030200.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jordan W And Julie A Clements Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jordan W And Julie A Clements Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $186K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Jordan W And Julie A Clements Foundation
Is Jordan W And Julie A Clements Foundation a legitimate charity?
Jordan W And Julie A Clements Foundation (EIN: 475307608) is a registered tax-exempt nonprofit based in Utah. It has 6 years of IRS 990 filings on record. Total revenue: $781K. No red flags identified. Financial health grade: B.
How does Jordan W And Julie A Clements Foundation spend its money?
Jordan W And Julie A Clements Foundation reported $781K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jordan W And Julie A Clements Foundation tax-deductible?
Jordan W And Julie A Clements Foundation is registered as a tax-exempt nonprofit (EIN: 475307608). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jordan W And Julie A Clements Foundation located?
Jordan W And Julie A Clements Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 475307608. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jordan W And Julie A Clements Foundation have?
Jordan W And Julie A Clements Foundation has 6 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 $781K in total revenue.
Filing History
IRS 990 filing history for Jordan W And Julie A Clements Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Jordan W And Julie A Clements Foundation's revenue has grown by 6251100%, moving from $1 to $63K. Total assets increased by 48806200% over the same period, from $1 to $488K. In its most recent filing year (2023), Jordan W And Julie A Clements Foundation reported a deficit of $186K, with expenses exceeding revenue. The organization holds $1 in liabilities against $488K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $488K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $249K | $488K | $1 | — | — |
| 2022 | $-108,626 | $143K | $674K | $1 | — | View 990 |
| 2021 | $108K | $186K | $926K | $1 | — | View 990 |
| 2020 | $463K | $80K | $1.0M | $1 | — | View 990 |
| 2019 | $94K | $71K | $620K | $1 | — | View 990 |
| 2015 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $249K, and assets of $488K.
- 2022: Revenue of $-108,626, expenses of $143K, and assets of $674K (revenue -200.6% year-over-year).
- 2021: Revenue of $108K, expenses of $186K, and assets of $926K (revenue -76.7% year-over-year).
- 2020: Revenue of $463K, expenses of $80K, and assets of $1.0M (revenue +394.9% year-over-year).
- 2019: Revenue of $94K, expenses of $71K, and assets of $620K (revenue +9361400.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jordan W And Julie A Clements Foundation:
Data Sources and Methodology
This transparency report for Jordan W And Julie A Clements 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.