2024-11-13T09:32:21-06:00 2023-12-31 251637458 LOUIS PLUNG & COMPANY LLP 420 FT DUQUESNE BLVD STE 1900 PITTSBURGH PA 15222 990 2023-01-01 273778734 CLEAR THOUGHTS FOUNDATION CLEA 4124077170 3000 VILLAGE RUN RD 225 WEXFORD PA 15090 MEGAN MARKLEY TREASURER 4124077170 2024-11-12 1 1 JOSEPH C ZOVKO P00299402 4122818771 2023 2024-10-15 13:58:12Z HAYLEY D JAMESON 3000 VILLAGE RUN RD 225 WEXFORD PA 15090 319650 0 X WWW.CLEARTHOUGHTSFOUNDATION.ORG X 2010 PA CLEAR THOUGHTS FOUNDATION (CTF) IS A 501(C)(3) NONPROFIT ORGANIZATION WITH A MISSION TO FUND THE DISCOVERY OF BREAKTHROUGH DRUGS AND NOVEL TREATMENTS TO ELIMINATE DEMENTIA. 5 3 1 25 0 0 137773 182492 0 0 691 6221 40530 22255 178994 210968 100000 100000 0 0 76175 88740 0 0 48807 26390 24663 202565 213403 -23571 -2435 271189 297310 1216 2953 269973 294357 CLEAR THOUGHTS FOUNDATION (CTF) IS A 501(C)(3) NONPROFIT ORGANIZATION WITH A MISSION TO FUND THE DISCOVERY OF BREAKTHROUGH DRUGS AND NOVEL TREATMENTS TO ELIMINATE DEMENTIA. 0 0 117748 100000 CLEAR THOUGHTS FOUNDATION (CTF) WORKS TO ACCOMPLISH ITS MISSION THROUGH THE FUNDING OF COLLABORATIVE RESEARCH COHORT, THE CTF CONSORTIUM. ALL ANNUAL ACTIVITIES AND DAILY DUTIES PERFORMED REMAIN DIRECTLY RELATED TO FUNDRAISING IN SUPPORT OF CTF'S MISSION. 117748 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 5 3 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 PA X X MEGAN MARKLEY 4124077170 3000 VILLAGE RUN RD 225 WEXFORD PA 15090 X LISA SEVCIK BOARD MEMBER 2.00 X 0 0 0 HAYLEY D JAMESON PRESIDENT 20.00 X X 0 0 0 MATTHEW JAMESON SECRETARY 2.00 X X 0 0 0 ADAM ZACCARI BOARD MEMBER 2.00 X 0 0 0 MEGAN MARKLEY TREASURER 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 182492 182492 890 890 30993 25662 5331 5331 5331 105275 83020 22255 22255 210968 0 0 28476 100000 100000 77617 15524 19403 42690 4686 937 1172 2577 6437 1287 1610 3540 501 501 3794 3794 160 160 6555 6555 ADMINISTRATIVE FEES 9569 9569 MISCELLANEOUS FEES 3912 3912 TAXES & LICENSES 153 153 PHOTOGRAPHY & VIDEOGRAP 19 19 213403 117748 46848 48807 242287 261766 9987 5500 3600 3600 15315 26444 271189 297310 1216 339 0 2614 1216 2953 X 0 0 0 0 269973 294357 269973 294357 271189 297310 -2435 22273 4546 0 X X 1 X 0 1 0 X 106437 80012 123742 137773 182492 630456 106437 80012 123742 137773 182492 630456 53926 576530 518 652 675 691 890 3426 13 38 51 633933 0.90940 0.92900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FNB INVESTMENTS 26444 C 26444 FNB CREDIT CARD 1268 PAYROLL LIABILITIES 1346 2614 X PART X, LINE 2: INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE. THE FOUNDATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE FOUNDATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023. THE FOUNDATION'S POLICY IS TO CLASSIFY ANY INCOME TAX RELATED INTEREST AND PENALTIES TO INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. ROLL FOR A REASON GALA 105275 105275 2439 8415 18592 7650 45924 105275 105275 2439 8415 18592 7650 45924 83020 22255 EXPENSES BREAKDOWN FUNDRAISING EVENT EXP = $10,668 EVENT SUPPLIES = $6,451 EVENT MISC EXP = $4,850 EVENT VOLUNTEER GIFTS = $1,654 TOTAL = $23,623 0 RESEARCH ACTIVITY GRANT 1 100000 FORM 990, PART VI, SECTION A, LINE 2 HAYLEY AND MATTHEW JAMESON ARE SISTER/BROTHER. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES A COMPLETE COPY OF THE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY AFTER THE RETURN HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS ARE REQUIRED TO SIGN A DOCUMENT CONFIRMATION OF CONFLICTS OF INTEREST UPON BEING VOTED IN AS BOARD MEMBER AND ARE REQUIRED TO NOTIFY THE ORGANIZATION OF ANY CHANGES OF CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 18 THEY ARE ON THE IRS WEBSITE AND AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE FILED AT ORGANIZATION AND ARE AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART XII, LINE 1 DUE TO AN INCREASE IN GROSS REVENUE, THE ORGANIZATION IS NOW REQUIRED TO PREPARE ITS BOOKS AND RECORDS UNDER THE ACCRUAL METHOD OF ACCOUNTING, RATHER THAN INCOME TAX BASIS. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.