Joseph A W Clayes Iii Charitable Tr
Joseph A W Clayes Iii Charitable Tr maintains stable assets and consistent grantmaking with zero reported officer compensation.
EIN: 207515945 · La Jolla, CA · NTEE: T22 · Updated: 2026-03-28
Is Joseph A W Clayes Iii Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joseph A W Clayes Iii Charitable Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joseph A W Clayes Iii Charitable Tr
Joseph A W Clayes Iii Charitable Tr (EIN: 207515945) is a nonprofit organization based in La Jolla, CA, classified under NTEE code T22. The organization reported total revenue of $24.3M and total assets of $37.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph A W Clayes Iii Charitable Tr'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 Joseph A W Clayes Iii Charitable Tr 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Joseph A W Clayes Iii Charitable Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization does not pay salaries to its officers, which is highly efficient for a foundation of its size with assets over $30 million.
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 Joseph A W Clayes Iii Charitable Tr's IRS 990 filings:
- Lack of detailed expense breakdown beyond total expenses in provided data, making precise program spending difficult to ascertain without full 990 forms.
Strengths
The following positive indicators were identified for Joseph A W Clayes Iii Charitable Tr:
- Consistent zero officer compensation, indicating highly efficient and lean operations.
- Stable asset base, consistently above $28 million, providing a strong financial foundation for future grantmaking.
- Minimal liabilities ($0 or $1 reported), demonstrating excellent financial management and low debt risk.
- Consistent annual expenses (around $2.4M-$2.6M) suggest predictable and sustained grantmaking or operational activity.
Frequently Asked Questions about Joseph A W Clayes Iii Charitable Tr
Is Joseph A W Clayes Iii Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Joseph A W Clayes Iii Charitable Tr (EIN: 207515945) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Joseph A W Clayes Iii Charitable Tr spend its money?
Joseph A W Clayes Iii Charitable Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Joseph A W Clayes Iii Charitable Tr tax-deductible?
Joseph A W Clayes Iii Charitable Tr is registered as a tax-exempt nonprofit (EIN: 207515945). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary focus of the grants made by Joseph A W Clayes Iii Charitable Tr?
As a private grantmaking foundation (NTEE T22), the organization's primary activity is making grants. However, the provided data does not specify the thematic areas or beneficiaries of these grants.
How does the organization manage to operate with 0% officer compensation?
The 0% officer compensation suggests that the foundation may be managed by unpaid trustees or volunteers, or that administrative services are provided by an external entity or related trust without direct compensation to officers of this specific entity.
What caused the significant revenue fluctuation, such as $143,509 in 201412 versus $5,296,561 in 202312?
Revenue for private foundations often comes from investment returns, contributions, or other income sources. Such fluctuations could be due to market performance impacting investment income, timing of large contributions, or specific asset sales.
Filing History
IRS 990 filing history for Joseph A W Clayes Iii Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joseph A W Clayes Iii Charitable Tr's revenue has grown by 41.8%, moving from $3.7M to $5.3M. Total assets decreased by 10.1% over the same period, from $34.9M to $31.4M. Total functional expenses fell by 7.6%, from $2.6M to $2.4M. In its most recent filing year (2023), Joseph A W Clayes Iii Charitable Tr reported a surplus of $2.9M, with revenue exceeding expenses. The organization holds $1 in liabilities against $31.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $31.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $2.4M | $31.4M | $1 | — | — |
| 2022 | $1.8M | $3.2M | $28.5M | $1 | — | View 990 |
| 2021 | $3.5M | $2.4M | $29.9M | $1 | — | View 990 |
| 2020 | $714K | $2.4M | $28.8M | $1 | — | View 990 |
| 2019 | $1.8M | $2.5M | $30.5M | $1 | — | View 990 |
| 2015 | $1.1M | $2.5M | $31.5M | $1 | — | View 990 |
| 2014 | $144K | $2.7M | $32.8M | $1 | — | View 990 |
| 2013 | $3.5M | $2.5M | $35.3M | $0 | — | View 990 |
| 2012 | $1.8M | $2.5M | $34.3M | $1 | — | View 990 |
| 2011 | $3.7M | $2.6M | $34.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $2.4M, and assets of $31.4M (revenue +186.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $3.2M, and assets of $28.5M (revenue -47.8% year-over-year).
- 2021: Revenue of $3.5M, expenses of $2.4M, and assets of $29.9M (revenue +395.0% year-over-year).
- 2020: Revenue of $714K, expenses of $2.4M, and assets of $28.8M (revenue -59.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.5M, and assets of $30.5M (revenue +54.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $2.5M, and assets of $31.5M (revenue +693.3% year-over-year).
- 2014: Revenue of $144K, expenses of $2.7M, and assets of $32.8M (revenue -95.9% year-over-year).
- 2013: Revenue of $3.5M, expenses of $2.5M, and assets of $35.3M (revenue +93.6% year-over-year).
- 2012: Revenue of $1.8M, expenses of $2.5M, and assets of $34.3M (revenue -51.3% year-over-year).
- 2011: Revenue of $3.7M, expenses of $2.6M, and assets of $34.9M.
Data Sources and Methodology
This transparency report for Joseph A W Clayes Iii Charitable Tr 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.