Dallas Clark Foundation C/o Cbiz Advisors Llc
Nonprofit profile at a glance
- EIN
- 262933990
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Indianpolis, IN, USA
- Phone
- 3174722200
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $5,310
- Expenses
- $43,675
- Assets
- $61,574
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- KARLI DAVIS (PRESIDENT)
- KEELEY KALBAUGH (VICE PRESIDENT)
People named in this filing
- KARLI DAVIS (PRESIDENT)
- KEELEY KALBAUGH (VICE PRESIDENT)
- SARA WHALLON (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary purposes of the organization are to 1. Raise money for charitable organizations exempt under code section 501(c)3 of the internal revenue code that aid sick and disadvantaged children such as, but not limited to, the make a wish foundation, and 2. To award college scholarships to sutdents with sincere and earnest academic aspirations who might not otherwise receive the assistance they need to obtain a postsecondary education.
What it reported doing in 2024
The foundation organized and managed its annual charitable golf outing to fund college scholarships to students with need. The scholarship program provided multiple scholarships in 2022.
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 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 80
- Accountability: 70
- Sustainability: 27
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 4th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 91.6%; rating input score 92; 55th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -722.5%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 1.41; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: -12.8% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $44K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 11 of 13 current checks pass · 2 findings to review
- Schedules: 3 filed schedules · includes grants
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Operating margin scored 6/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.