Civic Intelligence

Clay Madsen Benefit Fund Inc.

990EZ • Fiscal year 2023 • EIN 43-1960310

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

Organization ProfileN/A
806 E Main StRound Rock, TX 78664

(512) 848-3835

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

41st percentile

-0.5%

Higher net margin than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

46th percentile

-0.6%

Faster asset growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-17%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$136,035

Down $825 (-0.6%) from 2022

Net Assets

Down

$136,035

Down $825 (-0.6%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin41st percentile

Revenue

Down

$161,063

Down $32,078 (-17%) from 2022

Expenses

Down

$161,888

Down $7,817 (-4.6%) from 2022

Net Income

Down

-$825

Down $24,261 (-104%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$150K$100K$50K$0Assets 2011: $3,056Liabilities 2011: $02011Assets 2014: $57,598Liabilities 2014: $0Net Assets 2014: $57,5982014Assets 2015: $92,323Liabilities 2015: $0Net Assets 2015: $92,3232015Assets 2016: $70,529Liabilities 2016: $0Net Assets 2016: $70,5292016Assets 2017: $109,669Liabilities 2017: $0Net Assets 2017: $109,6692017Assets 2018: $98,725Net Assets 2018: $98,7252018Assets 2019: $46,553Net Assets 2019: $46,5532019Assets 2020: $98,382Net Assets 2020: $98,3822020Assets 2021: $113,424Net Assets 2021: $113,4242021Assets 2022: $136,860Net Assets 2022: $136,8602022Assets 2023: $136,035Net Assets 2023: $136,0352023Assets 2024: $91,679Net Assets 2024: $91,6792024

Highlighted filing

2023

Assets$136,035
Liabilities-
Net Assets$136,035
Open 2023 Filing

Operations Trend

Revenue Growth27th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $0Expenses 2011: $785Net Income 2011: -$7852011Revenue 2014: $59,786Expenses 2014: $6,379Net Income 2014: $53,4072014Revenue 2015: $94,611Expenses 2015: $59,886Net Income 2015: $34,7252015Revenue 2016: $64,739Expenses 2016: $86,533Net Income 2016: -$21,7942016Revenue 2017: $166,686Expenses 2017: $127,546Net Income 2017: $39,1402017Revenue 2018: $97,026Expenses 2018: $107,970Net Income 2018: -$10,9442018Revenue 2019: $54,984Expenses 2019: $107,156Net Income 2019: -$52,1722019Revenue 2020: $149,162Expenses 2020: $97,333Net Income 2020: $51,8292020Revenue 2021: $78,861Expenses 2021: $63,818Net Income 2021: $15,0432021Revenue 2022: $193,141Expenses 2022: $169,705Net Income 2022: $23,4362022Revenue 2023: $161,063Expenses 2023: $161,888Net Income 2023: -$8252023Revenue 2024: $185,843Expenses 2024: $230,199Net Income 2024: -$44,3562024

Highlighted filing

2023

Revenue$161,063
Expenses$161,888
Net Income-$825
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$161,063
Mission and Program Overview

Mission

The purpose of this organization is to honor the name and memory of a lost friend and role-model by aiding families in his community who have loved ones stricken with cancer, and to help support the efforts to find a cure for the disease.

Program Services

DescriptionGrantsExpenses
HELP SUPPORT FOR INDIVIDUALS STRICKEN WITH CANCER$131,274$161,888
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARAH COXPresident-$0--
TRE DOTSONSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Clay Madsen Benefit Fund Inc
EIN
43-1960310
Address
806 E MAIN ST, ROUND ROCK, TX 78664

Signing Officer

Name
Sarah Cox
Title
President
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Karen K Price Pc CPA
Address
3000 JOE DIMAGGIO BLVD STE 39, ROUND ROCK, TX 78665
Preparer
Karen K Nowak
Phone
5122445999
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 131,274”

Form 990-ez, Part I, Line 16

“Expenses administration expense 2,268 cost of goods 3,035 fundraiser 25,311 total 30,614”

Form 990-ez, Part III

“The purpose of this organization is to honor the name and memory of a lost friend and role-model by aiding families in his community who have loved ones stricken with cancer, and to help support the efforts to find a cure for the disease.”

Raw XML Appendix126 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SARAH
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0COX
IRS990EZ/BooksInCareOfDetail/PhoneNum05128483835
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0806 E MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0806 E MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROUND ROCK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078664
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0136860
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0136035
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-825
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0136860
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0136035
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0131274
IRS990EZ/GrossReceiptsAmt0161063
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0136860
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0136035
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0136860
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0136035
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SARAH COX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TRE DOTSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt030614
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THIS ORGANIZATION IS TO HONOR THE NAME AND MEMORY OF A LOST FRIEND AND ROLE-MODEL BY AIDING FAMILIES IN HIS COMMUNITY WHO HAVE LOVED ONES STRICKEN WITH CANCER, AND TO HELP SUPPORT THE EFFORTS TO FIND A CURE FOR THE DISEASE.
IRS990EZ/ProgramServiceRevenueAmt0161063
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELP SUPPORT FOR INDIVIDUALS STRICKEN WITH CANCER
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0131274
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0161888
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0161888
IRS990EZ/TotalProgramServiceExpensesAmt0161888
IRS990EZ/TotalRevenueAmt0161063
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0161063
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0193141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt078861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0149162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt054984
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0637211
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0637211
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0161063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0193141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt078861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0149162
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt054984
IRS990ScheduleA/Total509Grp/TotalAmt0637211
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0161063
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0193141
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt078861
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0149162
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt054984
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0637211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 131,274
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADMINISTRATION EXPENSE 2,268 COST OF GOODS 3,035 FUNDRAISER 25,311 TOTAL 30,614
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSE OF THIS ORGANIZATION IS TO HONOR THE NAME AND MEMORY OF A LOST FRIEND AND ROLE-MODEL BY AIDING FAMILIES IN HIS COMMUNITY WHO HAVE LOVED ONES STRICKEN WITH CANCER, AND TO HELP SUPPORT THE EFFORTS TO FIND A CURE FOR THE DISEASE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH COX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLAY MADSEN BENEFIT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0CLAY
ReturnHeader/Filer/EIN0431960310
ReturnHeader/Filer/USAddress/AddressLine1Txt0806 E MAIN ST
ReturnHeader/Filer/USAddress/CityNm0ROUND ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078664
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742981238
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAREN K PRICE PC CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03000 JOE DIMAGGIO BLVD STE 39
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROUND ROCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078665
ReturnHeader/PreparerPersonGrp/PhoneNum05122445999
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN K NOWAK
ReturnHeader/ReturnTs02024-05-08T08:44:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SARAH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COX
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$136,035
Liabilities
-
Net assets
$136,035
Revenue
$161,063
Expenses
$161,888
Net income
-$825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.92$1.86$2.30$0.44
2023Detailed filing. Detailed filing data is available for this year.$1.36$1.36$1.61$1.62$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.37$1.37$1.93$1.70$0.23
2021Detailed filing. Detailed filing data is available for this year.$1.13$1.13$0.79$0.64$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.98$1.49$0.97$0.52
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.47$0.55$1.07$0.52
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.99$0.97$1.08$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$1.67$1.28$0.39
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.65$0.87$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.95$0.60$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.60$0.06$0.53
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.00$0.01$0.01