The Close Retreat Center Inc (EIN 263828354) - 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

2008

Legal Domicile

Principal Officer

Mark MacDonald

Phone

8592887411

Tax Period

2023-01-01 to 2023-12-31

The Close Retreat Center Inc, founded in 2008, is a small nonprofit in the Religion sector that reported $138K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $131K left a modest 5% surplus.

Mission

Operation of adult Christian spiritual retreat center in Pulaski County, Kentucky

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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 (2023)

Revenue Breakdown

Contributions & Grants $125,500

Program Service Revenue $12,661

Investment Income $5

Other Revenue $0

TOTAL REVENUE $138,166

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,128

Fundraising Expenses $0

Program Expenses $129,425

Other Expenses $73,840

TOTAL EXPENSES $130,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$138,166	$190,858	-0.3%
Expenses	$130,968	$134,284	0.0%
Net Income	$7,198	$56,574	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dan Graves	Director	0.50	Director	$0	$0	$0
Mark MacDonald	Director	0.50	Director	$0	$0	$0
Rev Peter Matthews	Director	0.50	Director	$0	$0	$0
Donna Barr	Director	0.50	Director	$0	$0	$0
Ines Maynard	Director	0.50	Director	$0	$0	$0
Dan Graves	President	2.00	Officer	$0	$0	$0
Mark MacDonald	Treasurer	2.00	Officer	$0	$0	$0
Rev Peter Matthews	Secretary	0.10	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	No data	No data	No data	No data
2023	$138,166	$130,968	$2,147,575	$7,198
2022	$190,858	$134,284	$2,144,295	$56,574
2021	$191,042	$129,753	$2,083,613	$61,289
2020	$173,033	$125,690	$2,022,828	$47,343

The Close Retreat Center Inc