Clark Opportunity Foundation Inc
- Assets
- $11.2m
- Revenue
- $1.4m
- Investments
- $11.0m
- Employees
- 0
- Location
- Berkeley Springs, WV
- Founding
- 07/2014
- Data as of
- 09/2023
- EIN
- 46-3712403
Organization Overview
Clark Opportunity Foundation Inc is located in Berkeley Springs, WV. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark Opportunity Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Clark Opportunity Foundation Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $564.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clark Opportunity Foundation Inc has awarded 111 individual grants totaling $1,253,141. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Clark Managing Dir | 12.5 | $0 | |
Greta Mooney Trustee | 0 | $0 | |
Robert Core Trustee | 0 | $0 | |
Joe Statler Trustee | 0 | $0 | |
Virgil Wilkins Trustee | 0 | $0 | |
Leslie Clark Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $37,830 |
| Interest on Savings | $10,689 |
| Dividends & Interest | $227,659 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $90,654 |
| Capital Gain Net Income | $90,654 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,018,846 |
| Total Revenue | $1,385,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,326 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,736 |
| Printing and publications | $0 |
| Other expenses | $3,290 |
| Total operating and administrative expenses | $107,361 |
| Contributions, gifts, grants paid | $457,119 |
| Total expenses and disbursements | $564,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $247,970 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,209,307 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Clark Opportunity Foundation Inc has awarded $457,122 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
WAYNESBURG UNIVERSITY PURPOSE: SCHOLARSHIP | $12,000 |
MARSHALL UNIVERSITY PURPOSE: GRANT FOR DUAL CREDIT COURCES | $10,616 |
WEST GREENE HIGH SCHOOL PURPOSE: GRANT PROGRAM TESTING | $71,148 |
CARLOW UNIVERSITY PURPOSE: GRANT FOR DUAL CREDIT COURSE | $6,750 |
WEST VIRGINIA UNIVERSITY PURPOSE: GRANT FOR P2 SYMPOSIUM AND BOOKSTORE | $44,730 |
MARION COUNTY TECHNICAL CENTER PURPOSE: GRANT FOR MEAT PROGRAM | $6,850 |