Mr and Mrs Robert H Clark Foundation
Nonprofit profile at a glance
- EIN
- 201999313
- IRS 990-PF coverage
- 2009–2022
- Forms available
- Form 990-PF 2022
- Location
- Torrance, CA, USA
- Phone
- 3105405990
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Private Independent Foundations
Reported finances
- Revenue
- $8,350
- Expenses
- $120,190
Source: IRS Form 990-PF. Selected filing: tax year 2022. Amounts in USD.
Overview
Mission
Private Independent Foundations
What it reported funding in 2022
The foundation reported 4 grants totaling $117,040. The stated grant purposes included to support children who have significant needs currently unmet through exisiting programs or government agencies., to support people whose christian love and commitment enables and empowers them to reach out to other real people in need, and to provide mentors, volunteers, therapeutic and educational programs necessary for the children to heal from the trauma, neglect and abuse they have experienced., plus 1 other reported purpose.
Operating model
- Revenue model
- Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 99% of its reported charitable disbursements as grants.
The verdict
STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 97
- Transparency: 100
- Compliance: 100
- Endowment Health: 28
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 67th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 97.4%; rating input score 97; 90th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 18 of 18 controls in place; rating input score 100
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: NotApplicable
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 9; rating input score 100
Endowment Health
- Endowment-health comparison: 11.79; rating input score 28; 28th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: At least 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 28th percentile for endowment coverage
- Consistency: 9 of 9 current checks pass
- Filing history: 12 filing years from 2009 to 2022
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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 — Endowment Health: Endowment-health comparison scored 28/100.