The Clermont Foundation

EIN: 273143754 501(c)(3) Arts, Culture & Humanities

Berryville, VA

Total Revenue
$237,176
Total Expenses
$377,251
Total Assets
$4,219,678
Net Assets
$4,209,787
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
VA
Principal Officer
Robert W Stieg Jr
Phone
5409550102
Tax Period
2024-01-01 to 2024-12-31

The Clermont Foundation, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $381K in total revenue in fiscal year 2018. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $331K left a modest 13% surplus.

Mission

The Foundation preserves the cultural landscape of historic Clermont Farm and uses it to promote public education and engage- ment with agriculture, history, and historic preservation, including the history of all the peoples associated with the site, through partnerships with regional educational organizations and the farms owner, the VA Dept. of Historic Resources.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50,577
Program Service Revenue $65,684
Investment Income $120,915
Other Revenue $0
TOTAL REVENUE $237,176

Expense Breakdown

Grants Paid $0
Salaries & Benefits $167,743
Fundraising Expenses $0
Program Expenses $301,781
Other Expenses $209,508
TOTAL EXPENSES $377,251

Year-over-Year Comparison

2024 2023 Change
Revenue $237,176 $328,687 -0.3%
Expenses $377,251 $342,856 +0.1%
Net Income $-140,075 $-14,169 +8.9%
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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
5
Volunteers
48

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carol Sullivan President 1.00
Officer Director
$0 $0 $0
Lisa Cooke Vice President 1.00
Officer Director
$0 $0 $0
Lisa Murphy Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Norma Johnson Trustee 1.00
Director
$0 $0 $0
Philip Shenk Trustee 1.00
Director
$0 $0 $0
Michael Hobart Trustee 1.00
Director
$0 $0 $0
Erin O'Neill Trustee 1.00
Director
$0 $0 $0
Wendy Dorsey Trustee 1.00
Director
$0 $0 $0
Rick Catlett Trustee 1.00
Director
$0 $0 $0
Roderick DeArment Trustee 1.00
Director
$0 $0 $0
Clay Brumback Trustee 1.00
Director
$0 $0 $0
Turner Kobayashi Trustee N/A
Director
$0 $0 $0
Joe Whitehorne Trustee 1.00
Director
$0 $0 $0
Robert W Stieg Jr CEO 40.00
Highest
$76,132 $0 $76,132
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 $237,176 $377,251 $4,219,678 $-140,075
2023 $328,687 $342,856 $4,104,009 $-14,169
2022 $85,059 $346,881 $3,930,520 $-261,822
2021 $242,117 $357,334 $4,470,710 $-115,217
2021 $269,383 $357,334 $4,507,976 $-87,951
2020 $213,036 $372,024 $4,385,103 $-158,988
2020 $223,036 $372,024 $4,395,103 $-148,988
2019 $510,241 $342,180 $4,332,293 $168,061
2018 $381,230 $331,287 $3,986,719 $49,943
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Clermont Foundation with other nonprofits in Virginia and across the country.