Albert G Clay Foundation
Only null% goes to programs Strong reserves Declining revenue
Albert G Clay Foundation is a 501(c)(3) organization based in Mt Sterling, Kentucky, registered in 2001, with $8,610 in FY2024 revenue. CharityIndex grades it F.
Po Box 363, Mt Sterling, KY, 40353 EIN 61-1359307 Since 2001
Revenue (FY2024)
$8,610
▼ 29.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$13K
Net assets
$48K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Albert G Clay Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating45 mo reserves · -50% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Albert G Clay Foundation: 45 mo reserves · -50% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Albert G Clay Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Albert G Clay Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 363, Mt Sterling, KY, 40353
- City
- Mt Sterling
- State
- Kentucky
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $44K (FY2013) to $8,610 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $48K
Operating margin
-50.3%
Spent more than it raised in the latest fiscal year.
Total assets
$48K
Total liabilities
$0
Net assets
$48K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,610▼29.0% | $12,937▼50.4% | $48,086▼8.3% | $48,086▼8.3% | 990PF |
| 2023 | $12,119▲59.6% | $26,105▼19.0% | $52,413▼21.1% | $52,413▼21.1% | 990PF |
| 2022 | $7,593▼72.0% | $32,227▼42.3% | $66,399▼27.1% | $66,399▼27.1% | 990PF |
| 2021 | $27,121▲647% | $55,812▼48.5% | $91,033▼23.3% | $91,033▼23.3% | 990PF |
| 2020 | -$4,961▼102% | $108,435▼13.6% | $118,674▼48.9% | $118,674▼48.9% | 990PF |
| 2019 | $271,574▲594% | $125,566▲87.1% | $232,070▲170% | $232,070▲170% | 990PF |
| 2018 | $39,140▼47.5% | $67,128▼27.5% | $86,062▼24.5% | $86,062▼24.5% | 990PF |
| 2017 | $74,563▲10.0% | $92,594▲17.0% | $114,050▼13.7% | $114,050▼13.7% | 990PF |
| 2016 | $67,763▲3.4% | $79,164▲6.5% | $132,081▼7.9% | $132,081▼7.9% | 990PF |
| 2015 | $65,540▼32.4% | $74,309▼39.7% | $143,482▼5.8% | $143,482▼5.8% | 990PF |
| 2014 | $96,890▲121% | $123,310▲79.9% | $152,251▼14.8% | $152,251▼14.8% | 990PF |
| 2013 | $43,894 | $68,529▲111% | $178,671▼12.1% | $178,671▼12.1% | 990PF |
| 2012 | — | $32,502▼23.9% | $203,306▼8.4% | $203,306▼8.4% | 990PF |
| 2010 | — | $42,730 | $222,030 | $222,030 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Albert G Clay Foundation a legitimate nonprofit?
- Yes. Albert G Clay Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1359307, based in Mt Sterling, Kentucky. Donations are tax-deductible.
- What is Albert G Clay Foundation's EIN?
- Albert G Clay Foundation's Employer Identification Number (EIN) is 61-1359307.
- How much revenue does Albert G Clay Foundation report?
- Albert G Clay Foundation reported $8,610 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert G Clay Foundation have?
- CharityIndex grades Albert G Clay Foundation F, based on financial health (reserves and operating margin).
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Data for Albert G Clay Foundation (EIN 61-1359307) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.