CLEAR SPRING ROAD RESIDENCES INC (EIN 204590755) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

JESSE HALLSTROM

Phone

6123552626

Tax Period

2024-01-01 to 2024-12-31

CLEAR SPRING ROAD RESIDENCES INC, founded in 2006, is a micro nonprofit in the Crime & Legal sector that reported $37K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $46K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE HOUSING FOR PEOPLE WITH DISABILITIES AND MENTAL HEALTH ISSUES.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $36,660

Investment Income $241

Other Revenue $0

TOTAL REVENUE $36,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,547

Other Expenses $45,698

TOTAL EXPENSES $45,698

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,901	$84,172	-0.6%
Expenses	$45,698	$78,982	-0.4%
Net Income	$-8,797	$5,190	-2.7%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA KRSNAK	SECRETARY	1.00	Officer Director	$0	$0	$0
JUSTIN SWANSON	CHAIR	1.00	Officer Director	$0	$0	$0
JESSE HALLSTROM	TREASURER	1.00	Officer Director	$0	$0	$0

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
2024	$36,901	$45,698	$971,662	$-8,797
2023	$84,172	$78,982	$981,188	$5,190
2022	$59,601	$158,749	$988,756	$-99,148
2021	$264,850	$189,021	$1,088,525	$75,829
2020	$109,728	$208,933	$1,360,049	$-99,205
2019	$106,674	$169,777	$1,287,138	$-63,103
2018	$123,834	$166,369	$1,348,347	$-42,535

CLEAR SPRING ROAD RESIDENCES INC