CLEAR THE AIR FOUNDATION

EIN: 262499405 501(c)(3) Environment

DENVER, CO

Total Revenue
$513,946
Total Expenses
$399,433
Total Assets
$1,379,156
Net Assets
$1,286,645
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CO
Principal Officer
MATTHEW GROVES
Phone
3038311722
Tax Period
2024-01-01 to 2024-12-31

CLEAR THE AIR FOUNDATION, founded in 2008, is a small nonprofit in the Environment sector that reported $514K in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $115K, a strong 22% operating margin.

Mission

CAMPAIGN FOR CLEAN AIR THROUGH RESEARCH AND SCHOLARSHIP & EDUCATION OF THE GENERAL PUBLIC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $465,143
Program Service Revenue $0
Investment Income $48,803
Other Revenue $0
TOTAL REVENUE $513,946

Expense Breakdown

Grants Paid $163,440
Salaries & Benefits $169,152
Fundraising Expenses $0
Program Expenses $163,440
Other Expenses $66,841
TOTAL EXPENSES $399,433

Year-over-Year Comparison

2024 2023 Change
Revenue $513,946 $331,256 +0.6%
Expenses $399,433 $232,784 +0.7%
Net Income $114,513 $98,472 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
21
Independent Members
19
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$420,276
Total Directors
22
$130,146
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matthew Groves President/CEO 20.0
Officer
$0 $16,407 $290,130
MARK ZEIGLER DIRECTOR 32.0
Officer Director
$0 $9,065 $130,146
CAROL SPRADLEY CADA CHAIR-Past 2.0
Director
$0 $0 $0
ROB EDWARDS CADA CHAIR 5.0
Director
$0 $0 $0
JEFF TAYLOR CADA VICE CHAIR 5.0
Director
$0 $0 $0
AARON MILLS CADA treasurer 5.0
Director
$0 $0 $0
DANNY MADIGAN Chair 5.0
Officer Director
$0 $0 $0
JESSICA ZUMBRUN DIRECTOR DISTRICT 4 2.0
Director
$0 $0 $0
WILLIAM KNOWLES CADA SECRETARY 2.0
Director
$0 $0 $0
WILLIAM JOHNSON III Director District 7 2.0
Director
$0 $0 $0
DON HICKS NADA DIRECTOR 5.0
Director
$0 $0 $0
ERIC BEUTZ DAS CHAIR 2.0
Director
$0 $0 $0
COREY MCCANDLESS TRUCK DEALERS COMMITTEE CHAIR 5.0
Director
$0 $0 $0
TODD MAUL CO AUTOMOTIVE HOF CHAIR 2.0
Director
$0 $0 $0
STEVE POWERS Member Services CMTE Chair 2.0
Director
$0 $0 $0
ROBERT MCMANN AT-LARGE DIRECTOR 2.0
Director
$0 $0 $0
Anthony M Banno Director District 3 2.0
Director
$0 $0 $0
Ryan Johnson Director District 8 2.0
Director
$0 $0 $0
Chris Lenckosz At-Large Director 2.0
Director
$0 $0 $0
Jason White Director District 6 2.0
Director
$0 $0 $0
Mark Brady Director District 2 2.0
Director
$0 $0 $0
George Black Director District 1 thru 6/24 2.0
Director
$0 $0 $0
Brent Wood Chair-LPC Thru 6/2024 5.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $513,946 $399,433 $1,379,156 $114,513
2023 $331,256 $232,784 $1,176,616 $98,472
2022 $252,176 $169,844 $1,187,571 $82,332
2021 $178,191 $196,960 $1,044,770 $-18,769
2020 $147,848 $175,591 $1,127,027 $-27,743
2019 $218,048 $320,561 $1,076,639 $-102,513
2018 $196,682 $218,441 $1,172,478 $-21,759
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