CLAIRMONT OAKS INC (EIN 237336582) - 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

1973

Legal Domicile

Principal Officer

DEVITA PARNELL

Phone

4046343263

Tax Period

2023-07-01 to 2024-06-30

CLAIRMONT OAKS INC, founded in 1973, is a community nonprofit in the Housing & Shelter sector that reported $3.9M in total revenue in fiscal year 2023.

Mission

TO PROVIDE QUALITY, AFFORDABLE HOUSING AND SERVICES TO OLDER ADULTS OF ALL FAITHS AND BELIEFS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $226,987

Program Service Revenue $3,623,426

Investment Income $25,710

Other Revenue $0

TOTAL REVENUE $3,876,123

Expense Breakdown

Grants Paid $3,038

Salaries & Benefits $1,136,306

Fundraising Expenses $0

Program Expenses $3,693,775

Other Expenses $2,790,930

TOTAL EXPENSES $3,930,274

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,876,123	$3,745,823	+0.0%
Expenses	$3,930,274	$3,632,542	+0.1%
Net Income	$-54,151	$113,281	-1.5%

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

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
KATHY KINLAW	DIRECTOR	0.50	Director	$0	$0	$0
JUSTIN ANAND	CO-CHAIR	1.00	Officer Director	$0	$0	$0
KAREN OWEN	PAST CHAIR	1.00	Officer Director	$0	$0	$0
KATIE KENNEDY	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN FISHER	TREASURER	1.00	Officer Director	$0	$0	$0
RHONDA BRODIE	DIRECTOR	0.50	Director	$0	$0	$0
DEVITA PARNELL	CO-CHAIR	1.00	Officer Director	$0	$0	$0
NORMA RUSHING	DIRECTOR	0.50	Director	$0	$0	$0
LISA KIELY	DIRECTOR	0.50	Director	$0	$0	$0
RAY KUNIANSKY	DIRECTOR	0.50	Director	$0	$0	$0
DARREN DRAPER	DIRECTOR	0.50	Director	$0	$0	$0
SCOTT PYRON	DIRECTOR	0.50	Director	$0	$0	$0
BRANDON BEST	DIRECTOR	0.50	Director	$0	$0	$0
MARTIN LANDRUM	EXECUTIVE DIRECTOR	28.00	Highest	$108,373	$11,223	$160,856

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	$3,876,123	$3,930,274	$11,964,800	$-54,151
2023	$3,745,823	$3,632,542	$12,076,185	$113,281
2022	$3,642,909	$3,527,775	$12,058,022	$115,134
2021	$3,200,292	$3,372,475	$11,994,762	$-172,183
2020	$3,157,426	$3,193,229	$12,252,601	$-35,803
2019	$2,941,684	$3,279,946	$12,359,061	$-338,262
2018	$2,930,851	$3,109,126	$11,504,269	$-178,275

CLAIRMONT OAKS INC