The Clamshell Foundation INC EIN 11-3227901 Form 990 (PDF) Claim this org

The Clamshell Foundation INC FY2020 filing

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Provides food for pantries and funds renovations for a domestic violence shelter. For fiscal year 2020 it reported $493K in revenue, $368K in expenses, and $137K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
East Hampton, NY
Website
www.clamshellfoundation.org
Filings
6 on file (2020–2020)
Revenue
$493KFY2020
Expenses
$368K
Net assets
$137K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  11-3227901 Public charity (501(c)(3)) East Hampton, NY
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Provides food for pantries and funds renovations for a domestic violence shelter.
Leadership
Janice Vaziri · Treasurer · $6K
Money in and out
$493K revenue, $368K expenses
Bottom line
97% program efficiency
Where the money goes · FY2020
Total revenue
$493K
Pt VIII · Ln 12
Total expenses
$368K
Pt IX · Ln 25
Net assets
$137K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $125K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
4.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$493K
FY2020
Expenses
$368K
FY2020
Total assets
$137K
FY2020
Total liabilities
$0
FY2020
Total revenue
$493K
Pt VIII · Ln 12
Total expenses
$368K
Pt IX · Ln 25
Net assets
$137K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$125K
Total assetsPt X · Ln 16$137K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $358K of program spending, described in the organization's own filed words · FY2020.
01

The purpose of the corporation, as stated in our charter, is to enrich the lives of others by fostering education in health, cultural, and environmental fields of endeavor. Currently, we are concentrating our efforts in the area of water quality projects here in the Town of East Hampton, as well as community based concerns such as local…

$358Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Clamshell Foundation INC
EINHdr · item D11-3227901
Principal addressHdr · item CEast Hampton, NY
WebsiteHdr · item Jwww.clamshellfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C32Z)
Ruling yearIRS BMFSep 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$6,400Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Janice Vaziri’s $5K as Treasurer is at the 16th percentile of top reported officer pay among 134 <$100K environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Janice Vaziri$4,550$6,400

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$481K · 98%
Other revenue$12K · 2%
Contributions & grants98%$481K
Other revenue2%$12K
Total revenueLn 12$493K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$358K
Management & general3%$9K
Total functional expensesLn 25$368K

Balance Sheet

Part X · end of year
CashLn 1$137K
Total assetsLn 16$137K
Total liabilitiesLn 26$0
Total net assetsLn 32$137K
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $137K · Operating expenses/yr $368K
4.5 months
Where the money goes
Program services
Program services $358K · Total expenses $368K
97%
Management & General
Management & general $9K · Total expenses $368K
3%
Fundraising
Fundraising $0 · Total expenses $368K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $481K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $481K · Total revenue $493K
98%
Government reliance
Government grants — · Total revenue $493K
Earned-income share
Program service revenue $0 · Total revenue $493K
0%
Investment reliance
Investment income $0 · Total revenue $493K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $368K
0%
Growth & trend
Revenue growth (YoY)
This year $493K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $137K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $493K · Expenses $368K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $137K
Net-asset ratio
Net assets $137K · Total assets $137K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $137K
0%
People & payroll
Highest Reported Total Compensation
Individual Janice Vaziri · Reported title Treasurer · Highest reported compensation $6K · Total expenses $368K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6K · Total expenses $368K
2%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 8 grants · $273K · 2020–2020
Retreat INCNY · FY2020$98,229
Various Local CharitiesFY2020$66,697
East Hampton Food Pantry INCNY · FY2020$26,053
Springs Food Pantry INCNY · FY2020$25,563
Montauk Food PantryNY · FY2020$25,563

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$38K revenue · ⤓ 990 PDF
FY2024$7K revenue · ⤓ 990 PDF
FY2023$23K revenue · ⤓ 990 PDF
FY2022$54K revenue · ⤓ 990 PDF
FY2021$93K revenue · ⤓ 990 PDF
FY2020$493K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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