INDIAN RIVER CLAY INC

EIN: 830808000 501(c)(3) Education

VERO BEACH, FL

Total Revenue
$223,302
Total Expenses
$185,957
Total Assets
$632,659
Net Assets
$509,736
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
SUSAN SCAROLA
Phone
7722028598
Tax Period
2024-01-01 to 2024-12-31

INDIAN RIVER CLAY INC, founded in 2018, is a small nonprofit in the Education sector that reported $223K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $37K, a strong 17% operating margin.

Mission

INDIAN RIVER CLAY IS A NON-PROFIT CERAMIC ARTS ORGANIZATION PROVIDING A WELL-EQUIPPED, INCLUSIVE, AND ACCESSIBLE CLAY STUDIO. WE SHARE OUR PASSION FOR CLAY BECAUSE WE BELIEVE THAT CREATIVITY IS A CRITICAL FORCE FOR GOOD. TOGETHER WE ENHANCE THE CRAFT AND INSPIRE APPRECIATION OF THIS ART FOR OUR MEMBERS, STUDENTS, AND OUR GREATER COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $97,390 Revenue: $92,012

INDIAN RIVER CLAY PROMOTES CLAY ARTS BY PROVIDING AN ENVIRONMENT IN WHICH MEMBER ARTISTS CAN SHARE THEIR WORK, EXCHANGE IDEAS, AND SEEK PEER GUIDANCE IN ORDER TO CONTINUE THEIR ARTISTIC DEVELOPMENT...

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INDIAN RIVER CLAY PROMOTES CLAY ARTS BY PROVIDING AN ENVIRONMENT IN WHICH MEMBER ARTISTS CAN SHARE THEIR WORK, EXCHANGE IDEAS, AND SEEK PEER GUIDANCE IN ORDER TO CONTINUE THEIR ARTISTIC DEVELOPMENT IN A COLLABORATIVE COMMUNITY, BY HOSTING MASTER CLASSES CONDUCTED BY RENOWNED VISITING ARTISTS TO ADVANCE THE SKILLS OF OUR MEMBERS AND INTERESTED PUBLIC, AND BY CONDUCTING CLASSES OPEN TO BOTH MEMBERS AND THE GENERAL PUBLIC AS AN INTRODUCTION TO THE CLAY ARTS AS WELL AS THE DEVELOPMENT OF SPECIFIC TECHNIQUES. IN 2024, THERE WERE MORE THAN 9,000 INSTRUCTIONAL HOURS PROVIDED BY THE ORGANIZATION.

Program 2
Expenses: $16,371 Revenue: $19,881

INDIAN RIVER CLAY HAS A MISSION TO ENLIGHTEN AND ENRICH OUR COMMUNITY THROUGH OUR OUTREACH PROGRAMS. WE PARTNER WITH OTHER ORGANIZATIONS AND NON-PROFITS IN OUR AREA TO OFFER ART OPPORTUNITIES TO...

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INDIAN RIVER CLAY HAS A MISSION TO ENLIGHTEN AND ENRICH OUR COMMUNITY THROUGH OUR OUTREACH PROGRAMS. WE PARTNER WITH OTHER ORGANIZATIONS AND NON-PROFITS IN OUR AREA TO OFFER ART OPPORTUNITIES TO CHILDREN, SENIORS, AND VETERANS. OUR MEMBERS AND INSTRUCTORS COORDINATE AND EXECUTE OUR OUTREACH PROJECTS, HAVE THE OPPORTUNITY TO CREATE PROGRAMS FOR CHILDREN AND ADULTS, AND VOLUNTEER THEIR TIME DURING THE PROJECTS.IN PARTNERSHIP WITH THE SAMARITAN CENTER, A LOCAL CHARITY PROVIDING TRANSITIONAL HOUSING TO HOMELESS FAMILIES, INDIAN RIVER CLAY MANAGES THE PRODUCTION OF ALL SOUP BOWLS FOR THE CENTER'S ANNUAL FUNDRAISING EVENT, NOW IN ITS 32ND YEAR. INDIAN RIVER CLAY BEGAN ITS PARTNERSHIP WITH THE CENTER IN 2018 AND IN 2024, INDIAN RIVER CLAY VOLUNTEERS CONTRIBUTED OVER 3,000 HOURS TO HAND MAKE 1,200 BOWLS. IN 2024, INDIAN RIVER CLAY SOLD STUDIO SECONDS TO RAISE FUNDS WHICH WERE USED TO SUPPORT YOUTH GUIDANCE, UNITED WAY, TREASURE COAST FOOD BANK, LAURA RIDING JACKSON FOUNDATION, TREASURE COAST HOSPICE FOUNDATION, OCEAN RESEARCH AND CONSERVATION ASSOCIATION, AND CRAFT EMERGENCY RELIEF FUND. SINCE 2020, INDIAN RIVER CLAY HAS PARTNERED WITH VERO BEACH'S COMMUNITY ONE INITIATIVE TO SUPPORT THE INTERNATIONALLY ACCLAIMED BUTTERFLY PROJECT WHOSE GOAL IT IS TO TEACH CHILDREN SOCIAL JUSTICE WHILE REMEMBERING THE 1.5 MILLION CHILDREN KILLED IN THE HOLOCAUST. INDIAN RIVER CLAY VOLUNTEERS HAVE MADE WELL OVER TWO THOUSAND BUTTERFLIES FOR LOCAL CHILDREN TO DECORATE AND DISPLAY IN OUR COMMUNITY.

Program 3
Expenses: $67,963 Revenue: $95,551

INDIAN RIVER CLAY PROVIDES STUDIO SPACE AND KILNS FOR MEMBER ARTISTS TO EXPLORE THEIR CREATIVITY WITH WORKS OF CLAY ART. MEMBER ARTISTS CAN OFFER THEIR CREATIONS FOR SALE TO THE PUBLIC AT COMMUNITY...

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INDIAN RIVER CLAY PROVIDES STUDIO SPACE AND KILNS FOR MEMBER ARTISTS TO EXPLORE THEIR CREATIVITY WITH WORKS OF CLAY ART. MEMBER ARTISTS CAN OFFER THEIR CREATIONS FOR SALE TO THE PUBLIC AT COMMUNITY EVENTS HELD AT THE STUDIO AND OTHER LOCATIONS.

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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 $12,132
Program Service Revenue $187,563
Investment Income $3,726
Other Revenue $19,881
TOTAL REVENUE $223,302

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $181,724
Other Expenses $185,957
TOTAL EXPENSES $185,957

Year-over-Year Comparison

2024 2023 Change
Revenue $223,302 $271,737 -0.2%
Expenses $185,957 $167,033 +0.1%
Net Income $37,345 $104,704 -0.6%
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
6
Independent Members
6
Employees
N/A
Volunteers
75

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF CARPENTER CHAIR 5.00
Officer Director
$0 $0 $0
MARIA SPARSIS VICE CHAIR 5.00
Officer Director
$0 $0 $0
SUSAN SCAROLA TREASURER 5.00
Officer Director
$0 $0 $0
KIM MAYO SECRETARY 5.00
Officer Director
$0 $0 $0
MISTY KAY PEASLEE BOARD MEMBER 5.00
Director
$0 $0 $0
MALLORY WIXSON-OMALLEY BOARD MEMBER 3.00
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 $223,302 $185,957 $632,659 $37,345
2023 $271,737 $167,033 $633,694 $104,704
2022 $229,910 $154,009 $555,687 $75,901
2021 $364,461 $130,817 $507,705 $233,644
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