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Nonprofit · EIN 56-2400456

CLYDE AND MAYCEL CLARK FOUNDATION INC

Tax-exempt · PORTSMOUTH, OH 45662

Financials

$590K$363K2023$609K$342K2024
Revenue Expenses · by fiscal year end
Financials of CLYDE AND MAYCEL CLARK FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$608,865$342,326$266,539$17,959,262$6,568,532$11,390,730
December 31, 2023990-PF$590,495$362,881$227,614$18,016,320$5,980,117$12,036,203
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$110,000
Dividends
$47,674
Interest
$439,416
Net gain from sales of assets
$1,775
Other income
$10,000

Expenses

Grants and similar amounts paid
$52,832
Compensation of officers, directors and key employees
$1,800
Disbursements for charitable purposes
$205,725
Excise tax on investment income
$6,554

Balance sheet and other

Total assets, start of year
$18,016,320
Total assets, end of year
$17,959,262
Total liabilities, end of year
$6,568,532
Net assets, end of year
$11,390,730
Fair market value of assets
$17,313,033
Qualifying distributions
$205,725
Net investment income
$482,928

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ASA JEWETT
48 HARBOR VIEW, STOUT, OH 45684
VICE PRESIDE0$400
GRETCHEN PORTER
311 RAYMOND AVE, WEST PORTSMOUTH, OH 45663
SECRETARY/TR0$400
C CLAYTON JOHNSON
7412 STILL HOPES DRIVE, APT 403, WEST COLUMBIA, SC 29169
DIRECTOR0$400
JOSH HOWARD
176 COCKRELLS RUN, LUCASVILLE, OH 45648
DIRECTOR0$400
WILLIAM H TACKETT
117 HILLCREST CT, RUSSELL, KY 41169
PRESIDENT0$200
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WILLIAM H TACKETT
117 HILLCREST CT, RUSSELL, KY 41169
PRESIDENT0$600
ASA JEWETT
48 HARBOR VIEW, STOUT, OH 45684
VICE PRESIDE0$600
GRETCHEN PORTER
311 RAYMOND AVE, WEST PORTSMOUTH, OH 45663
SECRETARY/TR0$600
C CLAYTON JOHNSON
7412 STILL HOPES DRIVE, APT 403, WEST COLUMBIA, SC 29169
DIRECTOR0$400
JOSH HOWARD
176 COCKRELLS RUN, LUCASVILLE, OH 45648
DIRECTOR0$400

Address and contacts

Address (IRS master file)
PO BOX 1505, PORTSMOUTH, OH 45662-1505
In care of
% MAYCEL CLARK
Signed the 990-PF
WILLIAM H TACKETT, PRESIDENT
Phone
(740) 354-4200
Return prepared by
REYNOLDS & COMPANY

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
56-2400456
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2003
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$17,959,262
Income (IRS master file)
$2,203,347

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$608,865$342,326$17,959,262IRS
990-PFDecember 2023$590,495$362,881$18,016,320XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2400456).

Questions about CLYDE AND MAYCEL CLARK FOUNDATION INC

What is the EIN of CLYDE AND MAYCEL CLARK FOUNDATION INC?
The employer identification number (EIN) of CLYDE AND MAYCEL CLARK FOUNDATION INC is 56-2400456.
Is CLYDE AND MAYCEL CLARK FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to CLYDE AND MAYCEL CLARK FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CLYDE AND MAYCEL CLARK FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CLYDE AND MAYCEL CLARK FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLYDE AND MAYCEL CLARK FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CLYDE AND MAYCEL CLARK FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $400 (ASA JEWETT, VICE PRESIDE).
How much revenue does CLYDE AND MAYCEL CLARK FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $608,865, expenses of $342,326 and total assets of $17,959,262 at year end.

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