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 Vulnerability Assessment (Tuckman-Chang)

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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.

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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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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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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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