CLERMONT ADULT RESIDENTIAL HOMES INC (EIN 310902357) - 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

1976

Legal Domicile

Principal Officer

KRISTI BLACK

Phone

5138435029

Tax Period

2024-01-01 to 2024-12-31

CLERMONT ADULT RESIDENTIAL HOMES INC, founded in 1976, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $897K left a modest 11% surplus.

Mission

PROVIDE CARE AND RESIDENTIAL HOUSING FOR THE DISABLED AND HANDICAPPED INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $953,631

Investment Income $0

Other Revenue $53,522

TOTAL REVENUE $1,007,153

Expense Breakdown

Grants Paid $0

Salaries & Benefits $584,778

Fundraising Expenses $0

Program Expenses $897,391

Other Expenses $312,613

TOTAL EXPENSES $897,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,007,153	$845,380	+0.2%
Expenses	$897,391	$816,089	+0.1%
Net Income	$109,762	$29,291	+2.7%

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

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

$39,246

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
KRISTI BLACK	CEO	Officer	$39,246	$0	$39,246
RON FISCHER	TREASURER	Director	$0	$0	$0
TRENDA POLLARD	SECRETARY	Director	$0	$0	$0
LISA WALSH	VICE PRESIDENT	Director	$0	$0	$0
KATHY GIBSON	PRESIDENT	Director	$0	$0	$0
BARBARA PHILLIPS	BOARD MEMBER	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	$1,007,153	$897,391	$1,148,902	$109,762
2023	$845,380	$816,089	$1,039,140	$29,291
2022	$881,936	$735,198	$1,009,849	$146,738
2021	$880,224	$680,089	$863,111	$200,135
2020	$765,962	$663,537	$662,976	$102,425
2019	$662,406	$668,753	$560,551	$-6,347
2018	$705,622	$677,870	$566,898	$27,752

CLERMONT ADULT RESIDENTIAL HOMES INC