The Clayton Christensen Institute for Disruptive Innovation Inc

EIN: 260264045 501(c)(3) Education

Natick, MA

Total Revenue
$1,905,388
Total Expenses
$3,487,696
Total Assets
$996,790
Net Assets
$682,122
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MA
Principal Officer
Ann Christensen
Phone
7813259558
Tax Period
2023-01-01 to 2023-12-31

The Clayton Christensen Institute for Disruptive Innovation Inc, founded in 2007, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 83% operating deficit.

Mission

The Clayton Christensen Institute enables policymakers, entrepreneurs, and leaders to radically improve entire sectors through rigorous research and community empowerment. Using Disruptive Innovation and other theories developed and taught by Harvard Business School Professor Clayton Christensen, we develop a clearer understanding of how the world works, so we can create meaningful progress in our world.

Program Service Accomplishments

Program 1
Expenses: $1,280,884 Revenue: $2,011

The Education Research team's mission is to apply theories of disruptive innovation to produce research and recommendations that help transform education systems from their current monolithic...

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The Education Research team's mission is to apply theories of disruptive innovation to produce research and recommendations that help transform education systems from their current monolithic, factory-model designs into student-centric systems that allow every learner to realize his or her fullest human potential. The education team publishes or collaborates on research papers, white papers, and case studies. Its staff delivers speeches, presentations, and testimonies; authors blogs and contributed articles published in various news outlets and journals; and is interviewed by various media to educate the public about its research findings. It also maintains its social media channels to further disseminates its research findings to various audiences.

Program 2
Expenses: $467,294 Revenue: $49,000

The Global Prosperity Research team's mission is to facilitate and accelerate economic development across the globe by changing the broken conversation about how to alleviate poverty and to provide...

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The Global Prosperity Research team's mission is to facilitate and accelerate economic development across the globe by changing the broken conversation about how to alleviate poverty and to provide an actionable framework for generating prosperity. Its research has uncovered that a specific type of innovation, Market-Creating Innovation, creates a domino effect of sustainable economic development. The team aims to provide stakeholders with the tools they need to find, build, and scall these powerful innovations across the globe. Team members disseminate their work through various channels, including books, research papers, blogs, videos, and conferences.

Program 3
Expenses: $428,304

The Institute's Healthcare Research team's mission is to apply the theories of disruptive innovation to identify and promote solutions to the problems confronting healthcare in the United States. The...

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The Institute's Healthcare Research team's mission is to apply the theories of disruptive innovation to identify and promote solutions to the problems confronting healthcare in the United States. The Team's research tackles these seemingly intractable problems, unveils new insights, shapes industry conversations, and shifts mindsets to create healthier futures for all. They use unique frameworks, novel business model compasses, and strategy roadmaps to identify and promote more effective innovation.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,736,777
Program Service Revenue $128,736
Investment Income $39,875
Other Revenue $0
TOTAL REVENUE $1,905,388

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,810,809
Fundraising Expenses $345,664
Program Expenses $2,493,864
Other Expenses $676,887
TOTAL EXPENSES $3,487,696

Year-over-Year Comparison

2023 2022 Change
Revenue $1,905,388 $4,879,635 -0.6%
Expenses $3,487,696 $4,005,000 -0.1%
Net Income $-1,582,308 $874,635 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
2
Employees
19
Volunteers
5

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
5
$687,281
Total Directors
5
$410,012
Key Employees
4
$885,800
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ann Christensen President & CEO 40.00
Officer Director
$285,302 $28,710 $314,012
Michael Horn Chairman 20.00
Officer Director
$96,000 $0 $96,000
Mark Johnson Clerk 1.00
Officer Director
$0 $0 $0
Christine Christensen Treasurer 1.00
Officer Director
$0 $0 $0
Leo Chang Board Member 1.00
Director
$0 $0 $0
John Riley VP - Finance & HR 40.00
Officer
$230,623 $46,646 $277,269
Ann Somers Hogg Director - Healthcare Research 40.00
Key Emp
$164,789 $9,138 $173,927
Julia Freeland Fisher Director - Education Research 40.00
Key Emp
$227,625 $46,540 $274,165
Efosa Ojomo Director - Global Prosperity 40.00
Key Emp
$194,964 $44,455 $239,419
Meris Stansbury Director - Communications 40.00
Key Emp
$175,248 $23,041 $198,289
Thomas Arnett Senior Research Fellow 40.00
Highest
$165,657 $43,363 $209,020
Ruth Hartt Chief of Staff to the CEO 40.00
Highest
$120,961 $6,600 $127,561
Robert Markle Research Project Manager 40.00
Highest
$134,054 $20,761 $154,815
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 $1,905,388 $3,487,696 $996,790 $-1,582,308
2022 $4,879,635 $4,005,000 $2,551,093 $874,635
2021 $4,243,544 $3,499,267 $2,002,828 $744,277
2020 $2,308,206 $3,859,805 $1,236,184 $-1,551,599
2019 $2,424,942 $3,847,531 $2,455,865 $-1,422,589
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