H G CLAY FOUNDATION

EIN: 856232143 501(c)(3) Philanthropy & Grantmaking

SPANISH FORST, AL

Total Revenue
$-8,242,357
Total Expenses
$704,222
Total Assets
$3,312,042
Net Assets
$3,312,042
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
AL
Principal Officer
JOSHUA THOMPSON
Phone
2512860938
Tax Period
2024-01-01 to 2024-12-31

H G CLAY FOUNDATION, founded in 2018, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $8.2M in total revenue in fiscal year 2024. Revenue fell 1274% from the prior year — a significant decline worth monitoring.

Mission

TO ENHANCE THE QUALITY OF LIFE FOR THE MARGINALIZED OF THE WORLD BY PROVIDING GRANTS AND SCHOLARSHIPS IN PARTNERSHIP WITH ORGANIZATIONS WHO FOCUS ON: EDUCATION, REFUGEE RESETTLEMENT, ORGANIZATIONS WORKING TO DECREASE HUMAN TRAFFICKING, AND INTERNATIONAL MISSIONS.

Program Service Accomplishments

Program 1
Expenses: $565,243 Revenue: $660,670

INVESTMENTS FROM CAPITAL CONTRIBUTIONS USED TO PAY PROGRAM EXPENSES AND CONTRIBUTE GRANTS TO OTHER CHARITABLE ORGANIZATIONS.

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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 $1,076
Program Service Revenue $0
Investment Income $-8,243,433
Other Revenue $0
TOTAL REVENUE $-8,242,357

Expense Breakdown

Grants Paid $435,500
Salaries & Benefits $218,935
Fundraising Expenses $260
Program Expenses $565,243
Other Expenses $49,787
TOTAL EXPENSES $704,222

Year-over-Year Comparison

2024 2023 Change
Revenue $-8,242,357 $701,923 -12.7%
Expenses $704,222 $829,818 -0.2%
Net Income $-8,946,579 $-127,895 +69.0%
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
7
Independent Members
7
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
3
$166,052
Total Directors
7
$166,052
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI LYNN THOMPSON TRUSTEE 5.00
Officer Director
$0 $0 $0
JOSHUA THOMPSON CFO AND TRUSTEE 40.00
Officer Director
$83,708 $0 $83,708
CHARLES DANIEL THOMPSON EXECUTIVE DIRECTOR 40.00
Officer Director
$82,344 $0 $82,344
JACOB HANSEN BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE LEDET BOARD MEMBER 1.00
Director
$0 $0 $0
MAURICE HORSEY BOARD MEMBER 1.00
Director
$0 $0 $0
LES PARNELL BOARD MEMBER 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 $-8,242,357 $704,222 $3,312,042 $-8,946,579
2023 $701,923 $829,818 $12,258,621 $-127,895
2022 $1,054,847 $880,242 $12,386,516 $174,605
2021 $799,173 $951,715 $12,211,911 $-152,542
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