Civic Intelligence

The Clearfield Foundation Inc

990 • Fiscal year 2014 • EIN 25-1152189

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileWWW.CLEARLYAHEAD.COM
511 Spruce StreetClearfield, PA 16830

(814) 768-7838

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.33x

Higher debt load relative to assets than 60% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

79th percentile

3.57x

Higher debt load relative to revenue than 79% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2014

Net Margin

94th percentile

86%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2014

Asset Growth

34th percentile

-0.9%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

96th percentile

619%

Faster revenue growth than 96% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$11,676,028

Down $106,205 (-0.9%) from 2013

Net Assets

Up

$7,869,075

Up $919,679 (+13%) from 2013

Liabilities

Down

$3,806,953

Down $1,025,884 (-21%) from 2013

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin94th percentile

Revenue

Up

$1,065,382

Up $917,248 (+619%) from 2013

Expenses

Down

$145,703

Down $87,746 (-38%) from 2013

Net Income

Up

$919,679

Up $1,004,994 (+1178%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $11,599,796Liabilities 2010: $5,409,978Net Assets 2010: $6,189,8182010Assets 2012: $11,913,886Liabilities 2012: $4,879,175Net Assets 2012: $7,034,7112012Assets 2013: $11,782,233Liabilities 2013: $4,832,837Net Assets 2013: $6,949,3962013Assets 2014: $11,676,028Liabilities 2014: $3,806,953Net Assets 2014: $7,869,0752014Assets 2015: $11,107,711Liabilities 2015: $3,806,910Net Assets 2015: $7,300,8012015Assets 2016: $10,173,300Liabilities 2016: $3,569,188Net Assets 2016: $6,604,1122016Assets 2017: $10,174,266Liabilities 2017: $3,576,188Net Assets 2017: $6,598,0782017Assets 2018: $10,172,746Liabilities 2018: $3,578,188Net Assets 2018: $6,594,5582018Assets 2019: $9,351,917Liabilities 2019: $3,417,188Net Assets 2019: $5,934,7292019Assets 2020: $9,348,749Liabilities 2020: $3,535,004Net Assets 2020: $5,813,7452020Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2014

Assets$11,676,028
Liabilities$3,806,953
Net Assets$7,869,075
Open 2014 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$0-$2.0M-$4.0M-$6.0MExpenses 2010: $371,8442010Expenses 2012: $355,4052012Revenue 2013: $148,134Expenses 2013: $233,449Net Income 2013: -$85,3152013Revenue 2014: $1,065,382Expenses 2014: $145,703Net Income 2014: $919,6792014Revenue 2015: $17,502Expenses 2015: $585,776Net Income 2015: -$568,2742015Revenue 2016: -$681,927Expenses 2016: $14,762Net Income 2016: -$696,6892016Revenue 2017: $0Expenses 2017: $6,034Net Income 2017: -$6,0342017Revenue 2018: $575Expenses 2018: $4,095Net Income 2018: -$3,5202018Revenue 2019: -$649,175Expenses 2019: $10,654Net Income 2019: -$659,8292019Revenue 2020: $0Expenses 2020: $120,984Net Income 2020: -$120,9842020Revenue 2022: -$5,813,761Expenses 2022: $0Net Income 2022: -$5,813,7612022

Highlighted filing

2014

Revenue$1,065,382
Expenses$145,703
Net Income$919,679
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$1,065,382
Mission and Program Overview

Mission

Enhance economic development by industrial promotion and job development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,622,894$11,632,856▲ $9,962
Other Notes and Loans Receivable, Net$43,370$0▼ $43,370
Savings and Temporary Cash Investments$109,391$43,172▼ $66,219
Pledges and Grants Receivable$5,950$0▼ $5,950
Prepaid Expenses and Deferred Charges$628$0▼ $628
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$11,782,233$11,676,028▼ $106,205
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,581,091$3,573,754▼ $1,007,337
Other Liabilities$233,009$223,199▼ $9,810
Accounts Payable and Accrued Expenses$17,737$10,000▼ $7,737
Deferred Revenue$1,000--
Total Liabilities$4,832,837$3,806,953▼ $1,025,884
Net Assets / Fund Balance
Unrestricted Net Assets$6,949,396$7,869,075▲ $919,679
Total Net Assets Fund Balance$6,949,396$7,869,075▲ $919,679
Total Liabilities and Net Assets / Fund Balance$11,782,233$11,676,028▼ $106,205

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,864$4,180$6,044
Land$11,630,992--
Compensation and Service Providers
Top Officer Pay25th percentile

Board Members and Trustees

NameTitle
Timothy B FanninChairman
Richard W OgdenVice Chairman
William a ShinerSecretary
Richard L GreslickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000
Program Service Revenue
$0
Investment Income
$279
Other Revenue
$1,064,103
Change in Net Assets
$919,679

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,065,382
Total Revenue per Audited Statements
$1,065,382
Total Revenue per Form 990
$1,065,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,413
Salaries, Compensation, and Employee Benefits$21,290
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$73,479--$73,479
Other Salaries and Wages$12,994--$12,994
Occupancy$7,200--$7,200
Fees for Services Accounting$7,050--$7,050
Other Employee Benefits$6,905--$6,905
Insurance$2,207--$2,207
Other Expenses$1,802--$1,802
All Other Expenses$1,658--$1,658
Payroll Taxes$1,391--$1,391
Depreciation Depletion$64--$64
Fees for Services Legal$61--$61
Total Functional Expenses$145,703$0$0$145,703

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$145,703
Total Expenses per Audited Statements$145,703
Total Expenses per Form 990$145,703
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$223,434
Payroll Taxes Payable$-235
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Board of directors were requested to review the form 990 before it was efiled to the internal revenue service.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
The Clearfield Foundation Inc
EIN
25-1152189
Phone
8147687838
Address
511 SPRUCE STREET, CLEARFIELD, PA 16830

Signing Officer

Name
Richard L Greslick
Title
Treasurer
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1939
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
1

Preparer

Firm
Walter Hopkins & Company LLP
Address
1107 Linden Street / PO Box 910-A, Clearfield, PA 16830-0910
Preparer
Katherine B Eckley CPA
Phone
8147657876
Raw XML Appendix366 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt017737
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010000
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ENHANCE ECONOMIC DEVELOPMENT BY INDUSTRIAL PROMOTION AND JOB DEVELOPMENT
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01658
IRS990/AllOtherExpensesGrp/TotalAmt01658
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CATHIE ENSMINGER
IRS990/BooksInCareOfDetail/PhoneNum08147687838
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0511 SPRUCE STREET SUITE 5
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLEARFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd016830
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0279
IRS990/CYOtherExpensesAmt0124413
IRS990/CYOtherRevenueAmt01064103
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0919679
IRS990/CYSalariesCompEmpBnftPaidAmt021290
IRS990/CYTotalExpensesAmt0145703
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01065382
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt064
IRS990/DepreciationDepletionGrp/TotalAmt064
IRS990/Desc0INDUSTRIAL PROMOTION AND JOB DEVELOPMENT THROUGH COORDINATING EFFORTS TO ASSIST BUSINESSES TO EXPAND AND/OR LOCATE TO THE CLEARFIELD/CURWENSVILLE AREA. ALSO, MAINTAINING INDUSTRIAL PARK FOR POTENTIAL COMMERCIAL PROSPECTS AND PROMOTING THE AREA TO BUSINESSES SEARCHING FOR A NEW LOCATION.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0145703
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07050
IRS990/FeesForServicesAccountingGrp/TotalAmt07050
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt061
IRS990/FeesForServicesLegalGrp/TotalAmt061
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0TIMOTHY B FANNIN
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD L GRESLICK
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD W OGDEN
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM A SHINER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt01000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01065382
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt02207
IRS990/InsuranceGrp/TotalAmt02207
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt073479
IRS990/InterestGrp/TotalAmt073479
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0279
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0279
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04180
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011622894
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011632856
IRS990/LandBldgEquipCostOrOtherBssAmt011637036
IRS990/LegalDomicileStateCd0PA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0585
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0585
IRS990/MissionDesc0ENHANCE ECONOMIC DEVELOPMENT BY INDUSTRIAL PROMOTION AND JOB DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04581091
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03573754
IRS990/NetAssetsOrFundBalancesBOYAmt06949396
IRS990/NetAssetsOrFundBalancesEOYAmt07869075
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt07200
IRS990/OccupancyGrp/TotalAmt07200
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06905
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06905
IRS990/OtherExpensesGrp/Desc0COVENANT RELEASE
IRS990/OtherExpensesGrp/Desc1REAL ESTATE OPTION
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt020237
IRS990/OtherExpensesGrp/ProgramServicesAmt16200
IRS990/OtherExpensesGrp/ProgramServicesAmt24455
IRS990/OtherExpensesGrp/ProgramServicesAmt31802
IRS990/OtherExpensesGrp/TotalAmt020237
IRS990/OtherExpensesGrp/TotalAmt16200
IRS990/OtherExpensesGrp/TotalAmt24455
IRS990/OtherExpensesGrp/TotalAmt31802
IRS990/OtherLiabilitiesGrp/BOYAmt0233009
IRS990/OtherLiabilitiesGrp/EOYAmt0223199
IRS990/OtherRevenueMiscGrp/Desc0COVENANT INCOME
IRS990/OtherRevenueMiscGrp/Desc1LOAN FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc2PAYROLL REIMBURSEMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt078300
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1970600
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt214618
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt078300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1970600
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt214618
IRS990/OtherRevenueTotalAmt01064103
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012994
IRS990/OtherSalariesAndWagesGrp/TotalAmt012994
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt043370
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01391
IRS990/PayrollTaxesGrp/TotalAmt01391
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05950
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0628
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0111729
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0436
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0161414
IRS990/PYOtherRevenueAmt035969
IRS990/PYRevenuesLessExpensesAmt0-85315
IRS990/PYSalariesCompEmpBnftPaidAmt072035
IRS990/PYTotalExpensesAmt0233449
IRS990/PYTotalRevenueAmt0148134
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0919679
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0109391
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043172
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0145703
IRS990ScheduleD/LandGrp/BookValueAmt011630992
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt011630992
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01864
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04180
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06044
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0223434
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-235
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt01065382
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011632856
IRS990ScheduleD/TotalExpensesPerForm990Amt0145703
IRS990ScheduleD/TotalLiabilityAmt0223199
IRS990ScheduleD/TotalRevenuePerForm990Amt01065382
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01065382
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0145703
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS WERE REQUESTED TO REVIEW THE FORM 990 BEFORE IT WAS EFILED TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011782233
IRS990/TotalAssetsEOYAmt011676028
IRS990/TotalAssetsGrp/BOYAmt011782233
IRS990/TotalAssetsGrp/EOYAmt011676028
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01000
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0145703
IRS990/TotalFunctionalExpensesGrp/TotalAmt0145703
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04832837
IRS990/TotalLiabilitiesEOYAmt03806953
IRS990/TotalLiabilitiesGrp/BOYAmt04832837
IRS990/TotalLiabilitiesGrp/EOYAmt03806953
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06949396
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07869075
IRS990/TotalProgramServiceExpensesAmt0145703
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0279
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01064103
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01065382
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011782233
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011676028
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06949396
IRS990/UnrestrictedNetAssetsGrp/EOYAmt07869075
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.CLEARLYAHEAD.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD L GRESLICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CLEARFIELD FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CLEA
ReturnHeader/Filer/EIN0251152189
ReturnHeader/Filer/PhoneNum08147687838
ReturnHeader/Filer/USAddress/AddressLine1Txt0511 SPRUCE STREET
ReturnHeader/Filer/USAddress/CityNm0CLEARFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016830
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Walter Hopkins & Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01107 Linden Street / PO Box 910-A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clearfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0168300910
ReturnHeader/PreparerPersonGrp/PhoneNum08147657876
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHERINE B ECKLEY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-11-16T05:37:19-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,676,028
Liabilities
$3,806,953
Net assets
$7,869,075
Revenue
$1,065,382
Expenses
$145,703
Net income
$919,679
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$5.81$0.00$5.81
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.35$3.54$5.81$0.00$0.12$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.35$3.42$5.93$0.65$0.01$0.66
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$3.58$6.59$0.00$0.00$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$3.58$6.60$0.00$0.01$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$3.57$6.60$0.68$0.01$0.70
2015Detailed filing. Detailed filing data is available for this year.$11.1$3.81$7.30$0.02$0.59$0.57
2014Detailed filing. Detailed filing data is available for this year.$11.7$3.81$7.87$1.07$0.15$0.92
2013Detailed filing. Detailed filing data is available for this year.$11.8$4.83$6.95$0.15$0.23$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$4.88$7.03$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$5.41$6.19$0.37