Clayton General INC FY2020 filing

Riverdale, GAUnknown exempt organization EIN 58-1955423Revenue $1.0M in FY2020

On file with the IRSsouthernregional.org11 Upper Riverdale Rd Sw · Riverdale, GA

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Clayton General, INC. Exists to serve the communities of the southern crescent of the metro atlanta area by improving the health status and quality of life of its citizens.

99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $1.6M a year · 305% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
Spent
$4.1M
To programs
99%
Net assets
$117K
By yearFY2020–FY2021
Revenue
$1.0M
FY2020
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Revenue by fiscal year
FY2020$1.0M
FY2021$5K
Expenses
$4.1M
FY2020
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Expenses by fiscal year
FY2020$4.1M
FY2021$122K
Net assets
$117K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$117K
FY2021$0

From the FY2020 Form 990 (year ending June 2020) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $4.1M Management & general 1% · $43K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
See Clayton General INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves health and quality of life for Metro Atlanta's Southern Crescent communities.

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Provided by the organization

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1 program · $4.1M · in their own filed words · FY2019
01

Operational assets were acquired by prime healthcare on february 2, 2016. The organization ceased activities on this date and is currently engaged in bankruptcy proceedings.

$4.1Mprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Other incomeLn 4–11$1.0M
Investment incomeLn 3$71
Money outPt IX
$4.1M
Ln 25
Programscol B$4.1M
Managementcol C$43K
Owns and owesPt X
$117K
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$117K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$71
Other incomeLn 4–11$1.0M
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
SavingsLn 2$117K
Cash and savings togetherLn 1–2$117K
Total assetsLn 16$117K
LiabilitiesLn 26$0
Net assetsLn 32$117K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$3.2M$117K
Total assetsLn 16$3.2M$117K
LiabilitiesLn 26$0$0
Net assetsLn 32$3.2M$117K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$173K$173K
Office expensesLn 13$53$53
Other expenses (24a–d)Ln 24$4.0M$3.9M$43K
Total functional expensesLn 25$4.1M$4.1M$43K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest $5K$122K−$117K$0 990 PDF
FY2020 Viewing $1.0M$4.1M−$3.1M$117K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,047,593 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $374$71
I-11 Other revenuePrior year $4,924,308$1,047,522
I-12 Total revenuePrior year $4,924,682$1,047,593
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,326,667$4,144,580
I-18 Total expensesPrior year $2,326,667$4,144,580
I-19 Revenue less expensesPrior year $2,598,015−$3,096,987
Part VI · Governance 0 of 1 board members independent, 1 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,047,593 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $71$71
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,047,522$1,047,522
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,047,593$1,047,593
Part IX · Statement of functional expenses $4,144,580 across 3 lines filed
IX-11g Other fees for servicesPrograms $172,857$172,857
IX-13 Office expensesPrograms $53$53
IX-24 Other expenses (24a–d)Programs $3,928,924 · Management $42,746$3,971,670
IX-25 Total functional expensesPrograms $4,101,834 · Management $42,746 · Fundraising $0$4,144,580
Part X · Balance sheet $117,370 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $3,214,357$117,370
X-16 Total assetsStart of year $3,214,357$117,370
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $3,214,357$117,370
X-32 Total net assets or fund balancesStart of year $3,214,357$117,370
X-33 Total liabilities and net assetsStart of year $3,214,357$117,370
Part XI · Reconciliation of net assets $117,370 net assets at year end
XI-1 Total revenue$1,047,593
XI-2 Total expenses$4,144,580
XI-3 Revenue less expenses−$3,096,987
XI-4 Net assets at start of year$3,214,357
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$117,370

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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