Civic Intelligence

Clausen Family Foundation

EIN 85-1573003 • Wilmington, DE

NTEE T22
Foundation Source 501 Silverside RdWilmington, DE 19809-1377
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T22 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T22 • $1M-$5M nonprofits • Source year 2024

Net Margin

54th percentile

25%

Higher net margin than 54% of similar nonprofits.

NTEE T22 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

NTEE T22 • $1M-$5M nonprofits • Source year 2024

Asset Growth

76th percentile

11%

Faster asset growth than 76% of similar nonprofits.

NTEE T22 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

453%

Faster revenue growth than 92% of similar nonprofits.

NTEE T22 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$2,877,123

Up $282,961 (+11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$2,877,123

Up $282,961 (+11%) from 2023

Operations
Liabilities / Revenue85th percentileNet Margin54th percentile

Revenue

Up

$1,119,202

Up $916,744 (+453%) from 2023

Expenses

Up

$836,241

Up $700,217 (+515%) from 2023

Net Income

Up

$282,961

Up $216,527 (+326%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2020: $1,002,493Liabilities 2020: $0Net Assets 2020: $1,002,4932020Assets 2021: $1,772,631Liabilities 2021: $0Net Assets 2021: $1,772,6312021Assets 2022: $2,527,728Liabilities 2022: $0Net Assets 2022: $2,527,7282022Assets 2023: $2,594,162Liabilities 2023: $0Net Assets 2023: $2,594,1622023Assets 2024: $2,877,123Liabilities 2024: $0Net Assets 2024: $2,877,1232024

Highlighted filing

2024

Assets$2,877,123
Liabilities$0
Net Assets$2,877,123
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Revenue 2020: $1,010,008Expenses 2020: $7,515Net Income 2020: $1,002,4932020Revenue 2021: $1,000,194Expenses 2021: $230,056Net Income 2021: $770,1382021Revenue 2022: $1,000,343Expenses 2022: $245,246Net Income 2022: $755,0972022Revenue 2023: $202,458Expenses 2023: $136,024Net Income 2023: $66,4342023Revenue 2024: $1,119,202Expenses 2024: $836,241Net Income 2024: $282,9612024

Highlighted filing

2024

Revenue$1,119,202
Expenses$836,241
Net Income$282,961
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,877,123
Liabilities
$0
Net assets
$2,877,123
Revenue
$1,119,202
Expenses
$836,241
Net income
$282,961
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.88$0.00$2.88$1.12$0.84$0.28
2023Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$0.20$0.14$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$1.00$0.25$0.76
2021Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$1.00$0.23$0.77
2020Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$1.01$0.01$1.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.1
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles AlbanoSec-$0--
David CessnaTreas-$0--
Craig M ClausenDir, PresPT$0--
Filing and Contact Details

Filer

Filer Name
Clausen Family Foundation
EIN
85-1573003
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
craig clausen
Title
president
Phone
8008391754
Signed
2025-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
Raw XML Appendix299 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.

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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd149242
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd249242
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd380203
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd497301
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0810466
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0113828
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0113828
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt010021
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt0163153
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0184408
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt05521
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt01082684
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0719581
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt010021
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt0163153
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0184408
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt05521
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0833409
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt0719581
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt01082684
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0363103
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0Clausen Craig M
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0749 E Park Bl Apt 519
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0Boise
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0ID
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd083712
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt01003438
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0General Consultations
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt02352
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt02352
LiquidationExplanationStmt/ExplanationTxt0As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $810,466. This amount represents 25% or more of the Foundation's net assets of $2,614,399 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1State or Local Filing Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt016628
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt125
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt016628
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt125
TaxesSchedule/TaxesDetail/Amt01500
TaxesSchedule/TaxesDetail/Amt11332
TaxesSchedule/TaxesDetail/CategoryTxt0990-PF Estimated Tax for 2024
TaxesSchedule/TaxesDetail/CategoryTxt1990-PF Excise Tax for 2023
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0craig clausen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0president
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Clausen Family Foundation
ReturnHeader/Filer/BusinessNameControlTxt0CLAU
ReturnHeader/Filer/EIN0851573003
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
ReturnHeader/Filer/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd0198091377
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Source
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03333 New Hyde Park Rd Ste 406
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Hyde Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011042
ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02025-05-09T13:46:09-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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