CLOISTER INN OF PRINCETON UNIVERSI… - Form 990 Financial Data

🔒

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

1912

Legal Domicile

Principal Officer

MIKE JACKMAN

Phone

6092580652

Tax Period

2023-07-01 to 2024-06-30

CLOISTER INN OF PRINCETON UNIVERSITY, founded in 1912, is a small nonprofit that reported $872K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $970K exceeded revenue, resulting in a 11% operating deficit.

Mission

FOUNDED IN 1912, CLOISTER INN FOSTERS AN ENTREPRENEURIAL SPIRIT, AND INSPIRES MEMBERS TO USE THE INN AS A STARTING POINT FOR WHATEVER PURSUITS IMPASSION THEM. CLOISTER INN, PRINCETON IS AN EATING CLUB. THE INN PROVIDES MEALS, ROOMS, PARKING, A LIBRARY, RECREATIONAL FACILITIES AND SOCIAL EVENTS FOR STUDENTS AND ALUMMNI OF PRINCETON UNIVERSITY.

Program Service Accomplishments

Program 1

Expenses: $759,494 Revenue: $401,322

CLOISTER INN PROVIDES AN EATING CLUB EXPERIENCE FOR MEMBERS, ROOMS, PARKING, SOCIAL EVENTS, EDUCATIONAL ACTIVITIES AND RECREATIONAL FACILITIES.

Program 2

Expenses: $86,744

CLOISTER PROVIDES SCHOLARSHIPS

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $323,892

Program Service Revenue $401,322

Investment Income $5

Other Revenue $146,826

TOTAL REVENUE $872,045

Expense Breakdown

Grants Paid $86,744

Salaries & Benefits $403,198

Fundraising Expenses $55,652

Program Expenses $846,238

Other Expenses $480,457

TOTAL EXPENSES $970,399

Year-over-Year Comparison

	2023	2022	Change
Revenue	$872,045	$709,427	+0.2%
Expenses	$970,399	$1,010,660	0.0%
Net Income	$-98,354	$-301,233	-0.7%

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

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
MIKE JACKMAN	CHAIR	1.00	Officer Director	$0	$0	$0
JOSE PINCAY-DELGADO	V. CHAIR OPE	1.00	Officer Director	$0	$0	$0
PRESTON GRANBERY	CHAIRLEGAL A	1.00	Officer Director	$0	$0	$0
CAROLINE MCCARTHY	CHAIR ALUMNI	1.00	Officer Director	$0	$0	$0
LAUREN SANCHEZ	CHAIRSTUDENT	1.00	Officer Director	$0	$0	$0
MATTHEW DRABICK	TREASURER	1.00	Officer Director	$0	$0	$0
WILLIAM GOLDEN	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW FRAZIER	TRUSTEE	1.00	Director	$0	$0	$0
ERIC GROGAN	TRUSTEE	1.00	Director	$0	$0	$0
PAT MCDONALD	TRUSTEE	1.00	Director	$0	$0	$0
CATHERINE BABIEC	TRUSTEE	1.00	Director	$0	$0	$0
RAY WANG	TRUSTEE	1.00	Director	$0	$0	$0
DENISE WONG	TRUSTEE	1.00	Director	$0	$0	$0
HENRY RUEHL	TRUSTEE	1.00	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
2025	No data	No data	No data	No data
2024	$872,045	$970,399	$444,023	$-98,354
2023	$709,427	$1,010,660	$587,268	$-301,233
2022	$874,130	$1,144,063	$900,930	$-269,933
2021	$578,665	$423,930	$1,035,198	$154,735
2020	$1,094,869	$968,915	$611,988	$125,954
2019	$1,348,235	$1,317,970	$609,585	$30,265
2018	$1,223,990	$1,321,670	$489,632	$-97,680

CLOISTER INN OF PRINCETON UNIVERSITY