CLARENDON FOUNDATION

EIN: 541589699 501(c)(3)

SANDY, UT

Total Revenue
$3,519,045
Total Expenses
$1,460,571
Total Assets
$10,001,665
Net Assets
$8,046,243
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
VA
Principal Officer
Evan Jones
Phone
8018102950
Tax Period
2023-01-01 to 2023-12-31

CLARENDON FOUNDATION, founded in 1991, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 112% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 58% operating margin.

Mission

The Clarendon Foundation empowers educators and students by providing accessible, high-quality educational content and technology, enhancing digital learning and advancing educational equity.

Program Service Accomplishments

Program 1
Expenses: $1,022,850 Revenue: $102,302

By delivering innovative print, digital, and video resources, we aim to enrich learning experiences for students nationwide and strengthen the tools available to educators, ensuring every student has...

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By delivering innovative print, digital, and video resources, we aim to enrich learning experiences for students nationwide and strengthen the tools available to educators, ensuring every student has the opportunity to succeed. In the past fiscal year, our organization focused on producing and distributing non-commercial cultural and educational content. Our platform, learnbright.org, has become a key resource for educators, with over 250,000 K-6 lesson plan downloads and 20 million views of our educational videos nationwide.

Program 2
Expenses: $304,091 Revenue: $1,467,817

The Clarendon Foundation has received educational broadband (EBS) licenses from the FCC in 20 U.S. cities. In compliance with FCC regulations, we provide 2.5 GHz advanced wireless services to...

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The Clarendon Foundation has received educational broadband (EBS) licenses from the FCC in 20 U.S. cities. In compliance with FCC regulations, we provide 2.5 GHz advanced wireless services to accredited educational institutions and government organizations. We collaborate with receive site schools to maximize the benefits of the EBS program, improving access to educational content for over 55,000 students and enhancing teaching efficiency. This initiative has expanded digital learning opportunities and strengthened connectivity in underserved communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,487,236
Investment Income $2,036,097
Other Revenue $-4,288
TOTAL REVENUE $3,519,045

Expense Breakdown

Grants Paid $117,866
Salaries & Benefits $906,821
Fundraising Expenses $0
Program Expenses $1,326,941
Other Expenses $435,884
TOTAL EXPENSES $1,460,571

Year-over-Year Comparison

2023 2022 Change
Revenue $3,519,045 $1,660,516 +1.1%
Expenses $1,460,571 $1,442,763 +0.0%
Net Income $2,058,474 $217,753 +8.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
1
Employees
9
Volunteers
18

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
2
$432,634
Total Directors
3
$432,634
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J Evan Jones President 45.00
Officer Director
$221,352 $22,219 $243,571
Timothy C Jones Vice President 45.00
Officer Director
$167,986 $21,077 $189,063
Doug Carroll EdD Director 5.00
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 No data No data No data No data
2023 $3,519,045 $1,460,571 $10,001,665 $2,058,474
2022 $1,660,516 $1,442,763 $9,961,211 $217,753
2021 $2,186,428 $1,466,132 $10,027,753 $720,296
2020 $1,864,583 $1,935,082 $9,714,248 $-70,499
2019 $1,726,718 $1,502,327 $9,440,116 $224,391
2018 $1,538,045 $1,427,344 $8,435,025 $110,701
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