Clear Thoughts Foundation
Nonprofit profile at a glance
- EIN
- 273778734
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-EZ 2020, Form 990-N 2013
- Location
- Wexford, PA, USA
- Phone
- 4124077170
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Nonmonetary Support N.E.C.
Reported finances
- Revenue
- $252,326
- Expenses
- $235,166
- Assets
- $279,119
- Liabilities
- $885
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- HAYLEY D JAMESON (PRESIDENT)
People named in this filing
- HAYLEY D JAMESON (PRESIDENT)
- MATTHEW JAMESON (SECRETARY)
- MEGAN MARKLEY (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Clear thoughts foundation (ctf) is a 501(c)(3) nonprofit organization with a mission to fund the discovery of breakthrough drugs and novel treatments to eliminate dementia.
What it reported doing in 2025
Clear thoughts foundation (ctf) works to accomplish its mission through the funding of collaborative research cohort, the ctf consortium. All annual activities and daily duties performed remain directly related to fundraising in support of ctf's mission.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 45
- Transparency & Controls: 94
- Accountability: 82
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.5%; rating input score 48
- Program expense ratio: 51%; rating input score 51
- Fundraising efficiency: $2.04 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.8%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.19; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 47.5% of revenue deployed · 51% of spending went to programs
- Governance: 5 of 5 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $120K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Review — Sustainability: Operating margin scored 51/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.