Clark-nexsen Foundation
Only null% goes to programs Thin reserves Growing revenue
Clark-nexsen Foundation is a 501(c)(3) organization based in Virginia Bch, Virginia, registered in 2008, with $168,265 in FY2024 revenue. CharityIndex grades it C.
4525 Main St Ste 1400, Virginia Bch, VA, 23462 EIN 26-2652520 Since 2008
Revenue (FY2024)
$168K
▲ 24.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$163K
Net assets
$1,310
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Clark-nexsen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +3% 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 Clark-nexsen Foundation: 0 mo reserves · +3% margin earns a C 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 Clark-nexsen 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 Clark-nexsen Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4525 Main St Ste 1400, Virginia Bch, VA, 23462
- City
- Virginia Bch
- State
- Virginia
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $31K (FY2013) to $168K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1,310
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1,310
Total liabilities
$0
Net assets
$1,310
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $168,265▲24.6% | $163,469▲20.1% | $1,310▲166% | $1,310▲396% | 990PF |
| 2023 | $135,060▲58.9% | $136,138▲25.9% | -$1,986▼119% | $264▼80.3% | 990PF |
| 2022 | $85,000▲38.8% | $108,148▲76.6% | -$908▼104% | $1,342▼94.5% | 990PF |
| 2021 | $61,250▼33.0% | $61,241▼19.5% | $22,240▼18.3% | $24,490▼16.9% | 990PF |
| 2020 | $91,405▼52.9% | $76,039▼59.7% | $27,231▲144% | $29,481▲120% | 990PF |
| 2019 | $194,250▲14.9% | $188,628▲15.3% | $11,138▲102% | $13,388▲70.2% | 990PF |
| 2018 | $169,106▼2.3% | $163,610▼20.7% | $5,516▲27480% | $7,866▲247% | 990PF |
| 2017 | $173,003▲14.9% | $206,238▲71.8% | $20▼99.9% | $2,270▼93.6% | 990PF |
| 2016 | $150,534▲46.7% | $120,051▼24.9% | $33,255▲1100% | $35,505▲607% | 990PF |
| 2015 | $102,617▼48.7% | $159,940▲5.0% | $2,772▼95.4% | $5,022▼91.9% | 990PF |
| 2014 | $200,031▲543% | $152,277▼7.4% | $60,095▲387% | $62,345▲327% | 990PF |
| 2013 | $31,106 | $164,476▼42.8% | $12,341▼91.5% | $14,591▼90.1% | 990PF |
| 2012 | — | $287,709▲1.9% | $145,711▲11.5% | $147,961▲11.3% | 990PF |
| 2011 | — | $282,279▲3.8% | $130,730▲16.4% | $132,980▲16.0% | 990PF |
| 2010 | — | $272,076 | $112,353 | $114,603 | 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 Clark-nexsen Foundation a legitimate nonprofit?
- Yes. Clark-nexsen Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2652520, based in Virginia Bch, Virginia. Donations are tax-deductible.
- What is Clark-nexsen Foundation's EIN?
- Clark-nexsen Foundation's Employer Identification Number (EIN) is 26-2652520.
- How much revenue does Clark-nexsen Foundation report?
- Clark-nexsen Foundation reported $168,265 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Clark-nexsen Foundation have?
- CharityIndex grades Clark-nexsen Foundation C, based on financial health (reserves and operating margin).
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Data for Clark-nexsen Foundation (EIN 26-2652520) 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.