Civic Intelligence

Clockwood Charities Inc.

EIN 93-4826082 • 501(c)3 • Glenbrook, NV

Pub. 78 Eligible

Profile

The organization exists to provide medium to small museums the ability to display artworks to the general public, with no expense to borrow the art for display. In certain circumstances, the organization may help to defray other costs to the museum(s) , such as shipping the artwork, to enable the museum(s) to display the artworks.

PO Box 141Glenbrook, NV 89413
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

42nd percentile

0.9%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$588,789

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$588,789

No earlier filing loaded for comparison.

Revenue

$540,000

No earlier filing loaded for comparison.

Expenses

$535,311

No earlier filing loaded for comparison.

Net Income

$4,689

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2024: $588,789Liabilities 2024: $0Net Assets 2024: $588,7892024

Highlighted filing

2024

Assets$588,789
Liabilities$0
Net Assets$588,789

Operations Trend

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

$600K$400K$200K$0Revenue 2024: $540,000Expenses 2024: $535,311Net Income 2024: $4,6892024

Highlighted filing

2024

Revenue$540,000
Expenses$535,311
Net Income$4,689

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.89$0.00$5.89$5.40$5.35$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Dec 23, 2025
Return Version
2024v5.0
Gross Receipts
$540,000
Mission and Program Overview

Mission

The organization exists to provide medium to small museums the ability to display artworks to the general public, with no expense to borrow the art for display. In certain circumstances, the organization may help to defray other costs to the museum(s) , such as shipping the artwork, to enable the museum(s) to display the artworks.

Lends artwork to medium and small museums at no charge, to facilitate viewing by a wide range of art enthusiasts

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$4,689▲ $4,689
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$588,789▲ $588,789
Other Assets Total$0$584,100▲ $584,100
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$588,789▲ $588,789
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$0$588,789▲ $588,789
Total Liabilities and Net Assets / Fund Balance$0$588,789▲ $588,789

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$584,100--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sandra ClosePresident
Richard HockettVice President
Tyler HockettDirector
Lauren Kirkwood-JohnsonSecretary
Jordan KirkwoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$540,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$540,000
Change in Net Assets
$4,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$535,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$535,000--$535,000
Office Expenses$201--$201
Conferences and Meetings$110--$110
Total Functional Expenses$535,311$0$0$535,311
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Richard HockettRichard is the Vice President of the CharitySold Picasso "Tete de Homme" to charityNo$535,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Section A, Line 2

All of the officers and directors for the organization are family members.

Form 990, Part VI, Section B, Line 11B

Form 990 will be reviewed at each annual meeting of the officers and directors.

Form 990, Part VI, Section C, Line 19

The organization will make our records available to anyone who asks for them.

Filing and Contact Details

Filer

Filer Name
Clockwood Charities Inc
EIN
93-4826082
Phone
3172179507
Address
PO Box 141, Glenbrook, NV 89413

Signing Officer

Name
Richard Hockett
Title
Vice President
Phone
3172179507
Signed
2025-12-23

Organization Details

Principal Officer
Sandra Close
Formed
2024
Legal Domicile
Nv
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Purchased Picasso's "Tete de Homme" for $535,000

Form 990, Part XI, Line 9

Picasso artwork purchased in 2024 with appraised value of $584,100

Financial Statement Notes

Schedule D, Part III, Line 4

The organization will procure artworks to hold in its collection, and lend those artworks to museums free of charge, for display to the general public. The purchases started with a Picasso drawing, and will continue the next few years to build its collection. All artworks held by the charity are available to any US based museum to display.

Schedule D, Part VIII

Picasso drawing entitled "Tete de Homme" has a written appraisal determining value at $584,100.

Schedule D, Part IX

Picasso drawing "Tete de Homme" with an appraisal value of $584,100.

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IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0584100
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt00
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/HeldWorksArtGrp/AssetsIncludedAmt00
IRS990ScheduleD/HeldWorksArtGrp/RevenuesIncludedAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0584100
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Picasso :Tete de Homme"
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization will procure artworks to hold in its collection, and lend those artworks to museums free of charge, for display to the general public. The purchases started with a Picasso drawing, and will continue the next few years to build its collection. All artworks held by the charity are available to any US based museum to display.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Picasso drawing entitled "Tete de Homme" has a written appraisal determining value at $584,100.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Picasso drawing "Tete de Homme" with an appraisal value of $584,100.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part III, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part VIII
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule D, Part IX
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0584100
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Richard Hockett
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Richard is the Vice President of the Charity
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0535000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Sold Picasso "Tete de Homme" to charity
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All of the officers and directors for the organization are family members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 will be reviewed at each annual meeting of the officers and directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization will make our records available to anyone who asks for them.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Purchased Picasso's "Tete de Homme" for $535,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Picasso artwork purchased in 2024 with appraised value of $584,100
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NV
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt0588789
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0588789
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0540000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0535311
IRS990/TotalFunctionalExpensesGrp/TotalAmt0535311
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0588789
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0535311
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0540000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0588789
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0271 Chukkar Drive
IRS990/USAddress/CityNm0Glenbrook
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089413
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0This is the charities initial tax filing, and as all the officers are new to the mission and intent of the charity we were naive that a tax return was needed. Once we learned that a Clockwood Charity tax return was needed, we filed it.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Hockett
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum03172179507
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLOCKWOOD CHARITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0CLOC
ReturnHeader/Filer/EIN0934826082

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