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Clark & Margaret Reid Char Tr 08754560

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services - Multipurpose and Other N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$83.5k (2024)

Expenses
$90.4k (2024)

Total Assets
$1.3M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$83,485
Expenses
$90,400
Net Income
-$6,915
Net Assets
$1,300,006
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $50,008
59.9%
Sales of Assets $33,433
40.0%
Other Income $44
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $66,690
73.8%
Compensation of Officers* $24,425
27.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,300,006
Total Liabilities $0
Net Assets $1,300,006
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Trustee) $24,425 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$68,255
Expenses
$99,775
Net Income
-$31,520
Net Assets
$1,306,923
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $45,597
66.8%
Sales of Assets $21,084
30.9%
Other Income $1,574
2.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $78,638
78.8%
Compensation of Officers* $22,338
22.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,306,923
Total Liabilities $0
Net Assets $1,306,923
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Trustee) $22,338 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,726
Expenses
$102,183
Net Income
-$96,457
Net Assets
$1,338,454
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $36,243
> 100%
Sales of Assets -$30,545
Other Income $28
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $77,580
75.9%
Compensation of Officers* $22,917
22.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,338,454
Total Liabilities $0
Net Assets $1,338,454
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Trustee) $22,917 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$163,657
Expenses
$100,383
Net Income
$63,274
Net Assets
$1,434,732
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $31,244
19.1%
Sales of Assets $132,412
80.9%
Other Income $1
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $76,232
75.9%
Compensation of Officers* $25,927
25.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,434,732
Total Liabilities $0
Net Assets $1,434,732
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Trustee) $25,927 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$62,240
Expenses
$94,885
Net Income
-$32,645
Net Assets
$1,377,056
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $29,540
47.5%
Sales of Assets $31,884
51.2%
Other Income $816
1.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $74,000
78.0%
Compensation of Officers* $22,605
23.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,377,057
Total Liabilities $1
Net Assets $1,377,056
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Trustee) $22,605 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$57,019
Expenses
$96,363
Net Income
-$39,344
Net Assets
$1,404,318
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $38,336
67.2%
Sales of Assets $18,683
32.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $72,472
75.2%
Compensation of Officers* $21,430
22.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,404,319
Total Liabilities $1
Net Assets $1,404,318
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Trustee) $21,430 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$134,008
Expenses
$78,050
Net Income
$55,958
Net Assets
$1,444,163
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $36,194
27.0%
Sales of Assets $97,814
73.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $56,940
73.0%
Compensation of Officers* $21,234
27.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,444,163
Total Liabilities $0
Net Assets $1,444,163
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Trustee) $21,234 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$94,170
Expenses
$99,085
Net Income
-$4,915
Net Assets
$1,389,109
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $40,323
42.8%
Sales of Assets $53,847
57.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $79,332
80.1%
Compensation of Officers* $20,817
21.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,389,109
Total Liabilities $0
Net Assets $1,389,109
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Trustee) $20,817 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$47,998
Expenses
$97,871
Net Income
-$49,873
Net Assets
$1,394,776
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $33,555
69.9%
Sales of Assets $9,853
20.5%
Other Income $4,590
9.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $79,265
81.0%
Compensation of Officers* $20,153
20.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,394,776
Total Liabilities $0
Net Assets $1,394,776
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Trustee) $20,153 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$3,848
Expenses
$102,727
Net Income
-$106,575
Net Assets
$1,443,663
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $36,446
Sales of Assets -$40,294
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $83,330
81.1%
Compensation of Officers* $20,790
20.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,443,663
Total Liabilities $0
Net Assets $1,443,663
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Trustee) $20,790 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$324,598
Expenses
$110,261
Net Income
$214,337
Net Assets
$1,551,277
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $43,452
13.4%
Sales of Assets $280,423
86.4%
Other Income $723
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,250
73.7%
Compensation of Officers* $21,530
19.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,551,277
Total Liabilities $0
Net Assets $1,551,277

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$145,852
Expenses
$106,415
Net Income
$39,437
Net Assets
$1,337,443
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $47,116
32.3%
Sales of Assets $98,736
67.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,250
76.4%
Compensation of Officers* $21,186
19.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,337,443
Total Liabilities $0
Net Assets $1,337,443
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Trustee) $21,186 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$86,618
Expenses
$93,162
Net Income
-$6,544
Net Assets
$1,297,564
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $48,712
56.2%
Sales of Assets $37,906
43.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $71,600
76.9%
Compensation of Officers* $19,758
21.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,297,565
Total Liabilities $1
Net Assets $1,297,564

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$108,848
Expenses
$81,728
Net Income
$27,120
Net Assets
$1,304,997
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $40,055
36.8%
Sales of Assets $67,452
62.0%
Other Income $1,341
1.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $61,250
74.9%
Compensation of Officers* $17,931
21.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,304,998
Total Liabilities $1
Net Assets $1,304,997

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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