Clay County Education Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
As the recognized district-wide education foundation for Clay County School District, we work collaboratively with school leaders to determine how and where private-sector investment and volunteer involvement can have the greatest impact on student success.
- Income
- $658,352
- Spending
- $523,684
- Spent on programs
- 91%
- Reserves
- 10 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 72
- Highest pay
- $103,414, presidentceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100.
Reserves
28 of 35Spendable reserves would cover 10.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 20% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100.
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $143,333 spent. Tools 4 Clay Schools. The Tools 4 Clay Schools store provides school supplies to all Clay County District school teachers for their classrooms and students in need. Teachers may shop for free at two locations four times a year. The Tools 4 Clay Schools program reaches teachers at every grade level from every school in the district. A combination of financial support and donated products keeps the shelves stocked.
- $95,320 spent. Resiliency Through Community. The Foundation promotes resiliency characteristics, leading to better academic performance and emotional well-being. By connecting students and their families to school and community resources, the Foundation works to create a safe and positive learning environment. Activities include mentoring, teacher-led grants, and professional development for staff.
- $95,229 spent. Other Programs. Other programs include Grants 4 Great Ideas, a classroom grant program designed to fund creative and innovative teaching strategies that enhance student learning in literacy and STEM. In addition, the Foundation partners with community groups to award scholarships to deserving Clay County seniors. A partnership with the Florida Prepaid College Foundation maximizes scholarships. Finally, the Foundation supports students through literacy initiatives.
- $77,655 spent. Future Ready. The Foundation strives to increase students postsecondary success. The Foundation supports school-based college and career coaches, counselors, and students in the Career and Technical Education programs to ensure students are prepared to take the next steps after high school.
- $62,613 spent. Apple Awards. The Foundation celebrates excellence in education by recognizing each Clay County District schools top teacher, rookie teacher, and school-related employees of the year.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.