Clay Foundation Inc
Donations deductibleRevenue
$54k
year to 31 December 2024
Expenses
$694k
year to 31 December 2024
Total assets
$2.2m
$2.1m liabilities
Net assets
$100k
assets less liabilities
Directors and trustees
8
8.4 years on average
Staff
0
8 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
1
named in Part VII
Clay Foundation Inc's network
8 people2 organisationsi8 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
8 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 8 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Bobby Foropolous | Board Member | 2018 | 8 yrs |
| John Pierce | Pro Bono Attorney | 2018 | 8 yrs |
| Kate Duthu | Board Member | 2018 | 8 yrs |
| Mary Powell | President | 2018 | 8 yrs |
| Pat Edington | Board Member | 2018 | 8 yrs |
| Peggy Cronin | Vice President/ Treasurer | 2018 | 8 yrs |
| Rena Davis | Company secretary | 2018 | 8 yrs |
| Titsa Stratas | Board Member | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Tonie Ann Torrans | Penelope House Executive Director | since 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Mary Powell | President | 0 | $0 | ||
| John Pierce | Pro Bono Attorney | 0 | $0 | ||
| Titsa Stratas | Board Member | 0 | $0 | ||
| Pat Edington | Board Member | 0 | $0 | ||
| Rena Davis | Secretary | 0 | $0 | ||
| Peggy Cronin | Vice President/ Treasurer | 0 | $0 | ||
| Kate Duthu | Board Member | 0 | $0 | ||
| Bobby Foropolous | Board Member | 0 | $0 | ||
| Tonie Ann Torrans | Penelope House Executive D | 3 | $0 | $92k |
About
- Legal name
- Clay Foundation Inc
- EIN
- 631072547
- Address
- Po Box 9127, Mobile, AL, 36691-0127
- State
- Alabama
- Mission
- Provided financial support for penelope house, inc. (as filed on the Form 990)
- Activity (NTEE)
- P43Z Human services
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Human Services
- Size band
- 6 (IRS master file code)
- Formed
- 1992
- Principal officer
- Tonie Ann Torrans (as named on the Form 990)
- IRS ruling date
- 1 January 1994
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsBobby Foropolous
≥8years on the filingsJohn Pierce
≥8years on the filingsKate Duthu
≥8years on the filingsMary Powell
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $2.2m
- Total liabilities
- $2.1m
- Net assets or fund balances
- $100k
- Contributions and grants received
- $0
- Program service revenue
- $0
- Grants and similar paid out
- $675k
- Employees
- 0
- Volunteers
- 8
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $54k | $694k | Deficit $640k |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Penelope House Inc | Prevention of domestic violence | $376k |