The Clearity Foundation (EIN 261095856) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Phone

8586570282

Tax Period

2023-10-01 to 2024-09-30

The Clearity Foundation, founded in 2007, is a community nonprofit in the Diseases & Disorders sector that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

To seek better treatment options for women with ovarian cancer by providing diagnostic services that determine the molecular profile of the individual patient and providing doctors access to molecular profiling.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,852,123

Program Service Revenue $0

Investment Income $18,589

Other Revenue $-83,666

TOTAL REVENUE $1,787,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,394,968

Fundraising Expenses $557,232

Program Expenses $1,106,811

Other Expenses $499,593

TOTAL EXPENSES $1,932,061

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,787,046	$2,411,926	-0.3%
Expenses	$1,932,061	$2,078,840	-0.1%
Net Income	$-145,015	$333,086	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$155,473

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anne Mette Buhl	Employee	040.00	Highest	$140,577	$391	$140,968
Elizabeth A Nilsen	Employee	040.00	Highest	$135,312	$5,465	$140,777
Rachel Freeman	Employee	040.00	Highest	$135,312	$1,701	$137,013
Hillary C Theakston	Executive Director	020.00	Officer	$129,155	$0	$129,155
N/A	CFO, May 2023-June 2024	008.00	Officer	$26,318	$0	$26,318
Julie Fleshman	Chair	005.00	Officer Director	$0	$0	$0
Ken Rollins	Secretary	005.00	Officer Director	$0	$0	$0
Jaimie Tanner	Interim Treasurer	005.00	Officer Director	$0	$0	$0
Jessica McCarthy	Vice Chair	005.00	Officer Director	$0	$0	$0
Karin Blair	Immediate Past Chair	005.00	Officer Director	$0	$0	$0
Catherine Cinquegrani	Director	001.00	Director	$0	$0	$0
Sabrina Johnson	Director	001.00	Director	$0	$0	$0
Toni Marengo MD	Director	001.00	Director	$0	$0	$0
Wendy Newman	Director	001.00	Director	$0	$0	$0
Natalie Quirarte CFP	Director	001.00	Director	$0	$0	$0
Laura KShawver PhD	Director and Founder	001.00	Director	$0	$0	$0
Michael Nall	Director	001.00	Director	$0	$0	$0
Lynnette Dillen	Director	001.00	Director	$0	$0	$0
N/A	CFO, June 2024-Sep 2024	010.00	Officer	$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	$1,787,046	$1,932,061	$1,191,020	$-145,015
2023	$2,411,926	$2,078,840	$1,366,468	$333,086
2022	$2,174,746	$2,738,715	$1,046,628	$-563,969
2021	$2,104,845	$2,771,513	$1,633,320	$-666,668
2020	$2,371,809	$2,335,226	$2,273,658	$36,583
2019	$2,449,292	$1,754,933	$2,216,932	$694,359
2018	$1,820,181	$1,398,492	$1,511,380	$421,689

The Clearity Foundation