Civic Intelligence

H Clifford Allen Scholarship Fund

EIN 95-6022280 • 501(c)3 • Chicago, IL

Profile

To support the thacher school inc.

PO Box 803878Chicago, IL 60680

n/A

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

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

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

Top Officer Pay

57th percentile

$8,211

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 32.7% of source-year revenue.

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

Asset Growth

39th percentile

-0.9%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-23%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$636,910

Down $5,845 (-0.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$636,910

Down $5,845 (-0.9%) from 2023

Revenue

Down

$25,096

Down $7,567 (-23%) from 2023

Expenses

Up

$30,995

Up $1,711 (+5.8%) from 2023

Net Income

Down

-$5,899

Down $9,278 (-275%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2021: $645,160Liabilities 2021: $0Net Assets 2021: $645,1602021Assets 2022: $639,378Liabilities 2022: $0Net Assets 2022: $639,3782022Assets 2023: $642,755Liabilities 2023: $0Net Assets 2023: $642,7552023Assets 2024: $636,910Liabilities 2024: $0Net Assets 2024: $636,9102024

Highlighted filing

2024

Assets$636,910
Liabilities$0
Net Assets$636,910

Operations Trend

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

$40K$20K$0-$20KRevenue 2021: $39,851Expenses 2021: $26,428Net Income 2021: $13,4232021Revenue 2022: $19,685Expenses 2022: $25,316Net Income 2022: -$5,6312022Revenue 2023: $32,663Expenses 2023: $29,284Net Income 2023: $3,3792023Revenue 2024: $25,096Expenses 2024: $30,995Net Income 2024: -$5,8992024

Highlighted filing

2024

Revenue$25,096
Expenses$30,995
Net Income-$5,899

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 17, 2025
Return Version
2024v5.1
Gross Receipts
$127,483
Mission and Program Overview

Mission

To support the thacher school inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$642,755$636,910▼ $5,845
Investments in Publicly Traded Securities$621,842$625,867▲ $4,025
Savings and Temporary Cash Investments$20,913$11,043▼ $9,870
Total Assets$642,755$636,910▼ $5,845
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$642,755$636,910▼ $5,845
Total Liabilities and Net Assets / Fund Balance$642,755$636,910▼ $5,845
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Northern Trust N aTrusteeFT$8,211$8,211
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$25,096
Other Revenue
$0
Change in Net Assets
$-5,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$19,974
Salaries, Compensation, and Employee Benefits$8,211
Other Expenses$2,810
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$19,974--$19,974
Current Officers, Directors, Trustees, and Key Employees-$8,211-$8,211
Fees for Services Accounting-$2,500-$2,500
Other Expenses-$15-$15
Total Functional Expenses$19,974$11,021$0$30,995
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thacher School IncOjai, CA501(c)(3)General Support$19,974
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

NOT APPLICABLE

Form 990, Page 6, Part VI, Line 11-description of Process for Review

A copy of form 990 is sent to the trustee for review and comments

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

Annual acknowledgement by trustee

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
H Clifford Allen Scholarship Fund
EIN
95-6022280
Phone
3126306000
Address
PO BOX 803878, CHICAGO, IL 60680

Signing Officer

Name
The Northern Trust Company
Title
Trust Officer
Phone
3126306000
Signed
2025-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
SAME AS 'C' ABOVE
Formed
1962
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
155 N WACKER DRIVE, CHICAGO, IL 60606
Preparer
Jason Belot
Phone
3128792000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

2023 transactions posted in 2024 $104.23; 2024 transactions posted in 2025 $-52.65; rounding $2.84

Raw XML Appendix395 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LINES 2 AND 3 OF SECTION D OF PART IV OF THIS SCHEDULE A ARE DESIGNED TO ELICIT CONFIRMATION THAT THE SUPPORTING ORGANIZATION SATISFIES THE TWO ELEMENTS OF THE "RESPONSIVENESS TEST," i.e., THAT THE TRUSTEES OF THE SUPPORTING ORGANIZATION AND ITS SUPPORTED CHARITY(IES) HAVE A CLOSE AND CONTINUOUS RELATIONSHIP (TREASURY REGULATION SECTION 1.509(a)-4(i)(3)(ii)), AND THAT, AS A RESULT OF
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THAT RELATIONSHIP, THE SUPPORTED CHARITY(IES) HAVE A SIGNIFICANT VOICE IN THE OPERATION OF THE SUPPORTING ORGANIZATION (TREASURY REGULATION SECTION 1.509(a)-4(i)(3)(iii)). WE BELIEVE THIS ORGANIZATION MEETS THE RESPONSIVENESS TEST DESCRIBED UNDER TREASURY REGULATION SECTION 1.509(a)-4(i)(3). THE CLIFFORD ALLEN SCHOLARSHIP FUND (THE TRUST) IS A SUPPORTING ORGANIZATION DESCRIBED IN IRC
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2SECTION 501(c)(3). IT IS A TRUST AND WAS ESTABLISHED FOR THE EXCLUSIVE BENEFIT OF THE THACHER SCHOOL, WHICH IS A PUBLIC CHARITY DESCRIBED IN SECTION 509(a)(1) IN 1962. THE CHARITY IS THE BENEFICIARY UNDER THIS PERPETUAL TRUST, WHICH WAS ESTABLISHED FOR ITS SOLE BENEFIT. THE NORTHERN TRUST COMPANY ("TRUSTEE"), A BANK, IS THE SOLE SUCCESSOR TRUSTEE OF THE TRUST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3REPRESENTATIVES OF THE TRUSTEE AND OFFICERS OF THE ABOVE MENTIONED CHARITY HAVE PERIODIC CONFERENCE CALLS DURING WHICH THEY DISCUSS THE TRUST'S INVESTMENT PERFORMANCE AND POLICIES. THE OFFICERS OF THE CHARITY ARE GIVEN THE OPPORTUNITY TO ASK QUESTIONS REGARDING THE INVESTMENTS AND DISTRIBUTIONS. THE TERMS OF THE DISTRIBUTIONS ARE DETERMINED BY THE TRUST DOCUMENT. NORTHERN TRUST PROVIDES THE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4OFFICERS OF THE CHARITY WITH REGULAR INVESTMENT STATEMENTS AND PERFORMANCE REPORTS AND THE INFORMATION REQUIRED UNDER TREASURY REGULATION SECTION 1.509(a)-4(i)(2).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt5THE CLLIFFORD ALLEN SCHOLARSHIP FUND ("THE TRUST") FULFILLS THE INTEGRAL PART TEST OF TREASURY REGULATION SECTION 1.509(a)-4(i)(5)(i)(B), WHICH PROVIDES THAT CERTAIN OLD SUPPORTING ORGANIZATIONS THAT MEET THE REQUIRMENTS OF TREASURY REGULATION SECTION 1.509(a)-4(i)(9), ARE NOT REQUIRED TO MEET EITHER THE DISTRIBUTION REQUIREMENT OR THE ATTENTIVENESS REQUIREMENT. THE TRUST
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt6WAS CREATED AND IRREVOCABLE IN 1962 AND HAS BEEN DEDICATED TO MAKING DISTRIBUTIONS OF ALL OF ITS NET INCOME TO THE THACHER SCHOOL AT OJAI VALLEY, CA, A CHARITABLE ORGANIZATION DESCRIBED UNDER 509(a)(1). FOR THIS REASON, THE TRUST MEETS TEH FIVE REQUIREMENTS OF TREASURY REGULATION SECTION 1.509(a)-4(i)(9): 1. THE TRUST IS WHOLLY CHARITABLE AND BENEFITS ONLY A QUALIFIED CHARITY AND WOULD HAVE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt7QUALIFIED FOR A CHARITABLE DEDUCTION. 2. THE TRUST WAS CREATED AND IRREVOCABLE IN 1962, PRIOR TO NOVEMBER 20, 1970. 3. THE TRUST MUST DISTRIBUTE ALL NET INCOME TO THE SCHOOL ANNUALLY. 4. THE TRUSTEE DOES NOT HAVE DISCRETION TO CHOOSE ANOTHER SUPPORTED CHARITY. THE AMOUNTS DISTRIBUTED TO THE CHARITY ARE FIXED AND NOT SUBJECT TO FIDUCIARY DISCRETION. 5. NORTHERN IS THE SOLE SUCCESSOR TRUSTEE OF
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt8THE TRUST AND IS NOT A DISQUALIFIED PERSON WITHIN THE MEANING OF CODE SECTION 4946(a) (OTHER THAN BY VIRTUE OF ITS STATUS AS A TRUSTEE).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 2 & 3
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION D, LINE 2 & 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc4PART IV, SECTION D, LINE 2 & 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc5PART V
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NOT APPLICABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS SENT TO THE TRUSTEE FOR REVIEW AND COMMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL ACKNOWLEDGEMENT BY TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THE NORTHERN TRUST COMPANY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUST OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03126306000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0H CLIFFORD ALLEN SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0ALLE
ReturnHeader/Filer/EIN0956022280
ReturnHeader/Filer/PhoneNum03126306000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 803878
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0155 N WACKER DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03128792000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON BELOT
ReturnHeader/ReturnTs02025-05-01T16:01:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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