CLARK MEMORIAL HOME ASSOCIATION

EIN: 310585915 501(c)(3) Human Services

SPRINGFIELD, OH

Total Revenue
$529,626
Total Expenses
$659,238
Total Assets
$2,877,160
Net Assets
$2,874,355
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
OH
Principal Officer
MS CATHERINE ESTEP
Phone
9373994262
Tax Period
2024-01-01 to 2024-12-31

CLARK MEMORIAL HOME ASSOCIATION, founded in 1944, is a small nonprofit in the Human Services sector that reported $530K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $659K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO LAWFULLY MAINTAIN AND EFFECTIVELY OPERATE IN SPRINGFIELD, OHIO, A LICENSED RESIDENTIAL CARE FACILITY FOR ELDERLY WOMEN WHICH PROVIDES QUALITY CARE AND FINANCIAL ASSISTANCE, TO THE EXTENT OF THE ORGANIZATIONS AVAILABLE FINANCIAL RESOURCES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $201,984
Program Service Revenue $238,033
Investment Income $89,609
Other Revenue $0
TOTAL REVENUE $529,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $471,614
Fundraising Expenses $0
Program Expenses $609,761
Other Expenses $187,624
TOTAL EXPENSES $659,238

Year-over-Year Comparison

2024 2023 Change
Revenue $529,626 $572,930 -0.1%
Expenses $659,238 $664,672 0.0%
Net Income $-129,612 $-91,742 +0.4%
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
6
Independent Members
6
Employees
35
Volunteers
N/A

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYDNEY AXTELL BOARD MEMBER N/A
Director
$0 $0 $0
MS CONNIE BOST BOARD MEMBER N/A
Director
$0 $0 $0
MRS ANN GREER BOARD MEMBER N/A
Director
$0 $0 $0
N ELLEN HALEY BOARD MEMBER N/A
Director
$0 $0 $0
MS MARION LEEMAN BOARD PRESID N/A
Officer Director
$0 $0 $0
MR DAVE MITTELKAMP TREASURER N/A
Officer Director
$0 $0 $0
MS JUDY ROBY BOARD SECRET N/A
Officer Director
$0 $0 $0
MS DIANA SEAMAN VICE PRESIDE N/A
Officer Director
$0 $0 $0
MRS JAN STURGEON BOARD MEMBER N/A
Director
$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 $529,626 $659,238 $2,877,160 $-129,612
2023 $572,930 $664,672 $2,732,071 $-91,742
2022 $641,810 $631,097 $2,518,027 $10,713
2021 $667,675 $746,590 $2,938,908 $-78,915
2020 $711,024 $718,527 $2,744,145 $-7,503
2019 $710,190 $702,287 $2,497,705 $7,903
2018 $726,038 $641,730 $2,215,306 $84,308
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