CLEARNOTE FELLOWSHIP LTD (EIN 202511583) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Alex McNeilly

Phone

8128252684

Tax Period

2018-01-01 to 2018-12-31

CLEARNOTE FELLOWSHIP LTD, founded in 2005, is a small nonprofit in the Education sector that reported $185K in total revenue in fiscal year 2018. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $211K exceeded revenue, resulting in a 14% operating deficit.

Mission

The organization was formed exclusively for religious purposes to advance Christ's Kingdom by training pastors, planting churches, mobilizing foreign and domestic missions, and equipping churches with resources.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $123,939

Program Service Revenue $34,600

Investment Income $7,094

Other Revenue $19,707

TOTAL REVENUE $185,340

Expense Breakdown

Grants Paid $0

Salaries & Benefits $153,881

Fundraising Expenses $2,577

Program Expenses $83,098

Other Expenses $57,470

TOTAL EXPENSES $211,351

Year-over-Year Comparison

	2018	2017	Change
Revenue	$185,340	$247,803	-0.3%
Expenses	$211,351	$227,742	-0.1%
Net Income	$-26,011	$20,061	-2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$182,152

Total Directors

$296,882

Key Employees

$157,109

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Timothy Bayly	Board Member	10	Director	$11,525	$85,000	$96,525
David Curell	Board Member	15	Officer Director	$0	$89,000	$89,000
Joseph Bayly	Board Member	10	Director	$1,200	$40,000	$41,200
Juergen Von Hagen	Board Member	1	Director	$0	$0	$0
Jon S Baker	Dean	35	Director Key Emp	$61,157	$9,000	$70,157
Alex McNeilly	Treasurer	20	Officer	$1,200	$45,000	$46,200
Jacob Mentzel	Executive Director	20	Officer Key Emp	$21,952	$25,000	$46,952
Nathan Alberson	Creative Director	50	Key Emp	$40,000	$0	$40,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2018	$185,340	$211,351	$69,157	$-26,011

CLEARNOTE FELLOWSHIP LTD