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Nonprofiteer
← CLAY FOUNDATION INC

Form 990 for tax year 2024

Filed by CLAY FOUNDATION INC.

Totals

Total revenue
$53,569
Total expenses
$693,535
Contributions and grants received
$0
Grants paid
$675,000
Program service revenue
$0
Investment income
$53,569
Other revenue
$0
Total assets, end of year
$2,185,081
Total liabilities, end of year
$2,085,081
Net assets or fund balances, end of year
$100,000
Program services expenses (Part IX)
$693,535
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$693,535

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MARY POWELL

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • JOHN PIERCE

    PRO BONO ATTORNEY

    Total calculated
    $0
    Hours/week
    0

  • TITSA STRATAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • PAT EDINGTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • RENA DAVIS

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • PEGGY CRONIN

    VICE PRESIDENT/ TREASURER

    Total calculated
    $0
    Hours/week
    0

  • KATE DUTHU

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • BOBBY FOROPOLOUS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • TONIE ANN TORRANS

    PENELOPE HOUSE EXECUTIVE D

    Total calculated
    $91,851
    From this org
    $0
    From related orgs
    $91,851
    Other
    $0
    Hours/week
    3 + 37 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.2
Source object
202503219349303980

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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