FORT WORTH, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CLEARFORK ASSOCIATION INC, founded in 2008, is a small nonprofit that reported $763K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $715K left a modest 6% surplus.
CLEARFORK ASSOCIATION INC WAS CREATED TO PROMOTE THE HEALTH, SAFETY ANDWELFARE OF THE COMMUNITY AND DEVELOP THE COMMON GOOD BY ENGAGING IN THEFOLLOWING CIVIC BETTERMENTS:A. TO ACT AS AGENT FOR THE OWNERS OF PROPERTY WITHIN CLEARFORK.B. TO EXERCISE ALL POWERS WHICH MAY BE NECESSARY OR CONVENIENT TO THEOPERATION, MANAGEMENT, MAINTENANCE AND ADMINISTRATION OF THE AFFAIRS OFTHE ASSOCIATION AND TO PROMOTE GOOD FELLOWSHIP AND CIVIC RESPONSIBILITYAMONG THE ASSOCIATION, OWNERS AND THE COMMUNITY.C. TO HAVE AND EXERCISE ANY AND ALL POWERS, RIGHTS AND PRIVILEGES ANON-PROFIT CORPORATION ORGANIZED UNDER THE TEXAS BUSINESS ORGANIZATIONSCODE MAY NOW OR HEREAFTER EXERCISE TO BENEFIT THE COMMUNITY AND BRINGABOUT SOCIAL IMPROVEMENTS.D. INSOFAR AS PERMITTED BY LAW, TO PERFORM ANY OTHER ACT THAT, IN THEOPINION OF THE BOARD, WILL PROMOTE THE COMMON BENEFIT AND ENJOYMENT OFTHE COMMUNITY AND THE OWNERS AND/OR WILL PROVIDE FOR THE OPERATION ANDPROTECTION OF THE ASSOCIATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $762,998 | $618,100 | +0.2% |
| Expenses | $714,574 | $634,800 | +0.1% |
| Net Income | $48,424 | $-16,700 | -3.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAXTON E MOTHERAL | Vice President | 1.00 |
Officer
Director
|
$0 | $27,258 | $348,893 |
| Sheryl LaBoyteaux | Secretary-Treas | 1.00 |
Officer
Director
|
$0 | $9,147 | $344,371 |
| CRAWFORD H EDWARDS | President | 1.00 |
Officer
Director
|
$0 | $18,634 | $340,269 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $762,998 | $714,574 | $339,080 | $48,424 |
| 2022 | $618,100 | $634,800 | $286,895 | $-16,700 |
| 2021 | $564,225 | $600,991 | $303,595 | $-36,766 |
| 2020 | $563,390 | $516,659 | $340,361 | $46,731 |
Compare CLEARFORK ASSOCIATION INC with other nonprofits in Texas and across the country.