THE THOMAS D CLARK FOUNDATION INC (EIN 611259085) - Form 990 Financial Analysis & Trantor Score

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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

1994

Legal Domicile

Principal Officer

BENNIE IVORY

Phone

8592578436

Tax Period

2023-01-01 to 2023-12-31

THE THOMAS D CLARK FOUNDATION INC, founded in 1994, is a small nonprofit that reported $130K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $195K exceeded revenue, resulting in a 50% operating deficit.

Mission

THE FOUNDATIONS'S PURPOSE IS TO SUPPORT EDUCATION, ESPECIALLY THE WORK OF THE UNIVERSITY PRESS OF KENTUCKY WHOSE PUBLICATIONS INCLUDE BOOKS AND EDUCATIONAL MATERIALS ABOUT KENTUCKY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $62,106

Program Service Revenue $0

Investment Income $68,225

Other Revenue $0

TOTAL REVENUE $130,331

Expense Breakdown

Grants Paid $141,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $157,026

Other Expenses $54,320

TOTAL EXPENSES $195,320

Year-over-Year Comparison

	2023	2022	Change
Revenue	$130,331	$87,127	+0.5%
Expenses	$195,320	$121,169	+0.6%
Net Income	$-64,989	$-34,042	+0.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALOMA DEW	DIRECTOR	1.00	Director	$0	$0	$0
VIRGINIA FOX	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM FRANCIS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
WILLIAM GILES	ASSISTANT TR	1.00	Officer Director	$0	$0	$0
CONNIE GOODMAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HAMMONS	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND HEBERT	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HOLSINGER	TREASURER	1.00	Officer Director	$0	$0	$0
BENNIE IVORY	PRESIDENT	1.00	Officer Director	$0	$0	$0
NANA LAMPTON	DIRECTOR	1.00	Director	$0	$0	$0
STAN MACDONALD	DIRECTOR	1.00	Director	$0	$0	$0
WANDA MITCHELL-SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MARK NEIKIRK	DIRECTOR	1.00	Director	$0	$0	$0
JUDY OWENS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID RATTERMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ASHLEY RUNYON	EX - OFFICIO	1.00	Director	$0	$0	$0
JEFF WATTS-ROY	DIRECTOR	1.00	Director	$0	$0	$0
DONALD H WHITFIELD	DIRECTOR	1.00	Director	$0	$0	$0
ORME WILSON	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM WILSON	DIRECTOR	1.00	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	$130,331	$195,320	$4,303,116	$-64,989
2022	$87,127	$121,169	$3,890,583	$-34,042
2021	$158,567	$257,668	$4,455,885	$-99,101
2020	$91,272	$133,654	$4,011,663	$-42,382
2019	$127,016	$152,757	$3,722,877	$-25,741
2018	$116,403	$92,862	$3,214,241	$23,541

THE THOMAS D CLARK FOUNDATION INC