CLARVIEW REST HOME INC

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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

1978

Legal Domicile

Principal Officer

BARBARA BARGER

Phone

8147452031

Tax Period

2023-01-01 to 2023-12-31

CLARVIEW REST HOME INC, founded in 1978, is a community nonprofit that reported $7.7M in total revenue in fiscal year 2023. Expenses of $8.9M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE THE CITIZENS OF CLARION COUNTY AND THE SURROUNDING AREA WITH SERVICES OF EXCELLENCE IN SPECIALIZED NURSING, REHABILITATION AND HEALTH CARE. OUR MISSION WILL BE CARRIED OUT WITH A TOTAL COMMITMENT TO QUALITY, DIGNITY, RESPECT AND HOSPITALITY IN ALL RELATIONSHIPS WITH OUR CUSTOMERS AND OUR COMMUNITY. WE BELIEVE IN CREATING VALUE FOR OUR CUSTOMERS AND AN ATMOSPHERE THAT ENHANCES PERSONAL GROWTH FOR OUR EMPLOYEES. TOGETHER WE WILL SHARE AN ENVIRONMENT THAT INSTILLS TRUST AND QUALITY OF LIFE.

Program Service Accomplishments

Program 1

Expenses: $7,725,842 Revenue: $7,538,422

LONG TERM NURSING CARE AND OTHER RELATED PATIENT SERVICES AT A 120 BED NURSING FACILITY AND A 24 UNIT ASSISTED LIVING CENTER

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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 $56,668

Program Service Revenue $7,538,422

Investment Income $118,798

Other Revenue $0

TOTAL REVENUE $7,713,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,143,716

Fundraising Expenses $0

Program Expenses $7,725,842

Other Expenses $5,760,636

TOTAL EXPENSES $8,904,352

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,713,888	$7,297,214	+0.1%
Expenses	$8,904,352	$8,555,435	+0.0%
Net Income	$-1,190,464	$-1,258,221	-0.1%

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

126

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
BARBARA BARGER	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN STROUP	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIC FUNK	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRY GEORGE	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDA HAWS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY LOUISE LOGUE	BOARD MEMBER	1.00	Director	$0	$0	$0
RONALD WILSHIRE	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$7,713,888	$8,904,352	$7,395,560	$-1,190,464
2022	$7,297,214	$8,555,435	$9,098,904	$-1,258,221
2021	$9,978,055	$9,228,033	$11,252,883	$750,022
2021	$10,422,808	$9,228,033	$11,252,883	$1,194,775
2020	$10,129,229	$10,929,554	$11,561,880	$-800,325
2019	$9,616,070	$10,112,318	$11,372,531	$-496,248
2018	$9,819,649	$10,419,211	$11,068,299	$-599,562