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Nonprofit · EIN 75-2809598

MAX AND BILLIE CLARK FOUNDATION

Tax-exempt · MINERAL WELLS, TX 76068

Financials

$776K$1.3M2023$1M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of MAX AND BILLIE CLARK FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,038,630$1,310,767-$272,137$3,094,827$1,369,647$1,725,180
December 31, 2023990-PF$775,993$1,309,668-$533,675$3,109,423$1,112,106$1,997,317
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$682,312
Interest
$905
Net rental income
-$8,548
Net gain from sales of assets
$1,000
Other income
$322,867

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,160
Salaries, compensation and benefits (total)
$518,538
Disbursements for charitable purposes
$981,214

Balance sheet and other

Total assets, start of year
$3,109,423
Total assets, end of year
$3,094,827
Total liabilities, end of year
$1,369,647
Net assets, end of year
$1,725,180
Fair market value of assets
$3,094,827
Qualifying distributions
$981,214
Net investment income
$221,307

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
Ainsley G McEntire
128 NIGHTLIGHTER LN, MILLSAP, TX 76066
Asst Director
Highest-paid employee
40$70,000
CAROL MONTGOMERY
PO BOX 276, MINERAL WELLS, TX 76068
President40$60,160
Jeronimo Rubio
PO BOX 276, MINERAL WELLS, TX 76068
Horticulture
Highest-paid employee
40$54,896
Crystal Grider
3001 NE 2ND ST APT 136, MINERAL WELLS, TX 76067
EVENTS DIRECTOR
Highest-paid employee
40$53,976
Tito Cruz
607 NW 8TH ST, MINERAL WELLS, TX 76067
Horticulture
Highest-paid employee
40$52,621
Octaviano Cosme
1600 SE 16TH ST, MINERAL WELLS, TX 76067
Horticulture
Highest-paid employee
40$52,391
MAX CLARK
PO BOX 276, MINERAL WELLS, TX 76068
Director0$0
DEBORAH CLARK
PO BOX 276, MINERAL WELLS, TX 76068
Director0$0
RANDY NIX
PO BOX 276, MINERAL WELLS, TX 76068
Director0$0
DON CRAWFORD
PO BOX 276, MINERAL WELLS, TX 76068
Director0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
ANSLEY MCINTIRE
PO BOX 276, MINERAL WELLS, TX 76068
ASST DIRECTO
Highest-paid employee
40$69,500
CAROL MONTGOMERY
PO BOX 276, MINERAL WELLS, TX 76068
PRESIDENT0$60,160
MAX CLARK
PO BOX 276, MINERAL WELLS, TX 76068
DIRECTOR0$0
DEBORAH CLARK
PO BOX 276, MINERAL WELLS, TX 76068
DIRECTOR0$0
RANDY NIX
PO BOX 276, MINERAL WELLS, TX 76068
DIRECTOR0$0
DON CRAWFORD
PO BOX 276, MINERAL WELLS, TX 76068
DIRECTOR0$0

Address and contacts

Address (IRS master file)
PO BOX 276, MINERAL WELLS, TX 76068-0276
In care of
% MAX E CLARK
Signed the 990-PF
CAROL MONTGOMERY, President
Phone
(940) 682-4856
Return prepared by
Crawford Carter & Durbin LLC

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
75-2809598
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,094,827
Income (IRS master file)
$1,062,558

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,038,630$1,310,767$3,094,827XML
990-TDecember 2024–––IRS
990-PFDecember 2023$775,993$1,309,668$3,109,423XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 75-2809598).

Questions about MAX AND BILLIE CLARK FOUNDATION

What is the EIN of MAX AND BILLIE CLARK FOUNDATION?
The employer identification number (EIN) of MAX AND BILLIE CLARK FOUNDATION is 75-2809598.
Is MAX AND BILLIE CLARK FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to MAX AND BILLIE CLARK FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAX AND BILLIE CLARK FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MAX AND BILLIE CLARK FOUNDATION 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 MAX AND BILLIE CLARK FOUNDATION 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 MAX AND BILLIE CLARK FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 10 people; 6 received compensation from the organization, the highest $70,000 (Ainsley G McEntire, Asst Director).
How much revenue does MAX AND BILLIE CLARK FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,038,630, expenses of $1,310,767 and total assets of $3,094,827 at year end.

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