CLARION UNIVERSITY FOUNDATION INC (EIN 251256915) - 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

1933

Legal Domicile

Principal Officer

MAX R SMITH

Phone

8143931610

Tax Period

2024-07-01 to 2025-06-30

CLARION UNIVERSITY FOUNDATION INC, founded in 1933, is a community nonprofit in the Education sector that reported $5.2M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $6.7M exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROVIDE FINANCIAL AND OTHER SUPPORT DEEMED NECESSARY AND APPROPRIATE TO STRENGTHEN THE WELL BEING OF PENNWEST CLARION AND THE TOTAL PENNWEST CLARION COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,746,000

Program Service Revenue $3,121,142

Investment Income $326,002

Other Revenue $2,314

TOTAL REVENUE $5,195,458

Expense Breakdown

Grants Paid $1,291,089

Salaries & Benefits $486,998

Fundraising Expenses $187,269

Program Expenses $5,795,852

Other Expenses $4,884,223

TOTAL EXPENSES $6,662,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,195,458	$5,975,115	-0.1%
Expenses	$6,662,310	$6,477,417	+0.0%
Net Income	$-1,466,852	$-502,302	+1.9%

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

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

$234,599

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL TRUSCOTT	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRIS ALLISON	BOARD MEMBER	2.00	Director	$0	$0	$0
GARY CARDAMONE	BOARD MEMBER	2.00	Director	$0	$0	$0
JANE FRANCE	PRESIDENT	2.00	Officer Director	$0	$0	$0
JEREMY YOUNG	BOARD MEMBER	2.00	Director	$0	$0	$0
KEITH KOCHERT	BOARD MEMBER	2.00	Director	$0	$0	$0
LINDSAY CIGOLE	BOARD MEMBER	2.00	Director	$0	$0	$0
MAJ GEN PETER J TALLERI	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK R DEMICH	PRESIDENT-ELECT	2.00	Officer Director	$0	$0	$0
PATRICE D'ERAMO	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL PALMER	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT BURNS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
THERESA EDDER	BOARD MEMBER	2.00	Director	$0	$0	$0
TOM BOWMAN	BOARD MEMBER/TREASURER	2.00	Officer Director	$0	$0	$0
JOHN ZACHERL	CONTROLLER/EX-OFFICIO	45.00	Officer	$86,154	$2,981	$89,135
MAX SMITH	EXECUTIVE DIRECTOR/EX-OFFICIO	50.00	Officer	$120,099	$25,365	$145,464

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	$5,195,458	$6,662,310	$149,438,349	$-1,466,852
2024	$5,975,115	$6,477,417	$155,028,911	$-502,302
2023	$6,009,010	$6,326,431	$153,644,479	$-317,421
2022	$6,384,820	$7,803,464	$152,611,961	$-1,418,644
2021	$5,555,445	$7,780,615	$162,798,549	$-2,225,170
2020	$13,995,401	$14,299,260	$157,988,258	$-303,859
2019	$15,626,519	$17,132,837	$151,633,456	$-1,506,318

CLARION UNIVERSITY FOUNDATION INC