THE CLEARFIELD FOUNDATION INC

EIN: 251152189

CLEARFIELD, PA

Total Revenue
$-5,813,761
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
1939
Legal Domicile
PA
Phone
8147687838
Tax Period
2022-01-01 to 2022-12-31

THE CLEARFIELD FOUNDATION INC, founded in 1939, is a micro nonprofit that reported $5.8M in total revenue in fiscal year 2022. Revenue fell 7090052% from the prior year — a significant decline worth monitoring.

Mission

ENHANCE ECONOMIC DEVELOPMENT BY INDUSTRIAL PROMOTION AND JOB DEVELOPMENT

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-5,874,869
Other Revenue $61,108
TOTAL REVENUE $-5,813,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2022 2021 Change
Revenue $-5,813,761 $82 -70900.5%
Expenses N/A $66 -1.0%
Net Income N/A $16 N/A
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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
C ERIC JOHNSON President 1.00
Officer Director
$0 $0 $0
KC LEZZER Vice President 1.00
Officer Director
$0 $0 $0
RICHARD L GRESLICK Treasurer 1.00
Officer Director
$0 $0 $0
WILLIAM A SHINER Secretary 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
2022 $-5,813,761 No data No data No data
2021 $82 $66 $9,348,765 $16
2020 No data $120,984 $9,348,749 No data
2019 $-649,175 $10,654 $9,351,917 $-659,829
2018 $575 $4,095 $10,172,746 $-3,520
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