Clark Pacific Foundation
- Assets
- $1.6m
- Revenue
- $64.0k
- Investments
- $1.6m
- Employees
- 0
- Location
- West Sacramento, CA
- Founding
- 10/2016
- Data as of
- 12/2023
- EIN
- 47-3594384
Organization Overview
Clark Pacific Foundation is located in West Sacramento, CA. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark Pacific Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Clark Pacific Foundation generated $64.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $127.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Clark Pacific Foundation has awarded 172 individual grants totaling $776,937. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Clark President/cfo/director | 1 | $0 | |
Donald G Clark Vice President/secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,408 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,737 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,899 |
| Capital Gain Net Income | $18,899 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,264 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,963 |
| Total operating and administrative expenses | $28,430 |
| Contributions, gifts, grants paid | $99,493 |
| Total expenses and disbursements | $127,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,952 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,603,088 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Clark Pacific Foundation has awarded $99,493 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA HUMAN DEVELOPMENT PURPOSE: LOCAL CHILDREN WELL-BEING SUPPORT | $500 |
ALL LEADERS MUST SERVE PURPOSE: 2023 COMMUNITY SUPPORT | $1,000 |
BOYS & GIRLS CLUB OF PLACER COUNTY PURPOSE: LOCAL TROOP SUPPORT | $2,500 |
CENTER FOR LAND-BASED LEARNING PURPOSE: EDUCATIONAL SUPPORT | $1,500 |
YOUTH OF CHRIST SACRAMENTO PURPOSE: SCOOTERS AND BICYCLES FOR TEEN CENTER | $14,040 |
YOUTH OF CHRIST SACRAMENTO PURPOSE: GENERAL SUPPORT | $20,000 |