CLARCONA IMPROVEMENT ASSOCIATION INC (EIN 237010563) - 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

1969

Principal Officer

JOE HARDIMAN

Phone

3219456417

Tax Period

2024-01-01 to 2024-12-31

CLARCONA IMPROVEMENT ASSOCIATION INC, founded in 1969, is a micro nonprofit that reported $57K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $97K exceeded revenue, resulting in a 68% operating deficit.

Mission

THE MISSION OF THE CLARCONA IMPROVEMENT ASSOCIATION BOARD OF DIRECTORS AND INDIVIDUAL MEMBERS IS TO PRESERVE AND PROTECT THE BENEFITS OF THE CLARCONA "RURAL SETTLEMENT" DESIGNATION BY ORANCE COUNTY, FLORIDA FOR ITS RESIDENTS BY MAINTAINING AN ONGOING DIALOG WITH ORANGE COUNTY GOVERNMENT, AND UTILIZATION OF THE CLARCONA IMPROVEMENT ASSOCIATION FACILITY, WHILE REPRESENTING THE PRIORITIES ESTABLISHED BY THE MEMBERSHIP.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $425

Program Service Revenue $54,661

Investment Income $2,259

Other Revenue $0

TOTAL REVENUE $57,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,320

Fundraising Expenses $0

Program Expenses $82,995

Other Expenses $77,270

TOTAL EXPENSES $96,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$57,345	$171,794	-0.7%
Expenses	$96,590	$81,050	+0.2%
Net Income	$-39,245	$90,744	-1.4%

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

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

$19,320

Total Directors

$19,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE HARDIMAN	PRESIDENT/TR	2.00	Officer Director	$12,000	$0	$12,000
KIM KAPES	SECRETARY	1.00	Officer Director	$7,320	$0	$7,320
ERIC HOEPPNER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JOHN SCHUMANN	2ND VICE PRE	2.00	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	$57,345	$96,590	$180,334	$-39,245
2023	$171,794	$81,050	$221,357	$90,744

CLARCONA IMPROVEMENT ASSOCIATION INC