CLASP (EIN 331112770) - 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

2005

Legal Domicile

Principal Officer

FRED SHERMAN

Phone

2027505600

Tax Period

2024-01-01 to 2024-12-31

CLASP, founded in 2005, is a mid-sized nonprofit in the Environment sector that reported $28.9M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $26.8M left a modest 7% surplus.

Mission

SEE PART III, LINE 1.

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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 $27,255,347

Program Service Revenue $609,216

Investment Income $577,971

Other Revenue $505,612

TOTAL REVENUE $28,948,146

Expense Breakdown

Grants Paid $4,294,264

Salaries & Benefits $7,003,940

Fundraising Expenses $184,649

Program Expenses $24,210,788

Other Expenses $15,481,305

TOTAL EXPENSES $26,779,509

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,948,146	$26,255,991	+0.1%
Expenses	$26,779,509	$24,936,191	+0.1%
Net Income	$2,168,637	$1,319,800	+0.6%

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

$713,374

Total Directors

Key Employees

$467,968

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN WIEL	CHAIR	2.00	Officer Director	$0	$0	$0
JOYITA MUKHERJEE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JOHN MOLLET	SECRETARY	1.00	Officer Director	$0	$0	$0
SUJEESH KRISHNAN	TREASURER	1.00	Officer Director	$0	$0	$0
ANIBAL DE ALMEIDA	BOARD MEMBER	0.50	Director	$0	$0	$0
DEMBA DIOP	BOARD MEMBER	0.50	Director	$0	$0	$0
HILARY MCMAHON	BOARD MEMBER	0.50	Director	$0	$0	$0
MERRILL SHUGOLL	BOARD MEMBER	0.50	Director	$0	$0	$0
MARIE-VINCENTE PASDELOUP	BOARD MEMBER	0.50	Director	$0	$0	$0
MIRKA DELLA CAVA	BOARD MEMBER	0.50	Director	$0	$0	$0
ROSE MUTISO	BOARD MEMBER	0.50	Director	$0	$0	$0
ASTRID VERMEER	BOARD MEMBER	0.50	Director	$0	$0	$0
CHRISTINE EGAN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$388,158	$33,314	$421,472
FRED SHERMAN	CHIEF OPERATING OFFICER	40.00	Officer	$264,179	$27,723	$291,902
CORINNE SCHNEIDER	CHIEF COMM. & DVLPT. OFFICER	40.00	Key Emp	$250,102	$26,378	$276,480
JENNIFER SMITH	CHIEF OF PROGRAMS	40.00	Key Emp	$176,838	$14,650	$191,488
WENDY WEN	DIRECTOR OF FINANCE	40.00	Highest	$190,315	$22,831	$213,146
NATE HARRIS	DIRECTOR OF HUMAN RESOURCES	40.00	Highest	$168,871	$26,091	$194,962
ANA MARIA CARRENO	SR. DIRECTOR OF CLIMATE	40.00	Highest	$161,665	$24,605	$186,270
ARI REEVES	SENIOR DIR. OF RESEARCH	40.00	Highest	$147,201	$28,270	$175,471
ANDREA TESTA	SENIOR MANAGER, LEGAL & CONTRACTS	40.00	Highest	$126,909	$14,571	$141,480

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	$28,948,146	$26,779,509	$23,594,117	$2,168,637
2023	$26,255,991	$24,936,191	$20,990,341	$1,319,800
2022	$21,103,602	$20,891,075	$22,730,125	$212,527
2021	$16,877,815	$16,513,748	$15,465,717	$364,067
2020	$14,573,720	$15,489,635	$13,967,843	$-915,915
2019	$13,889,781	$14,378,761	$9,388,986	$-488,980

CLASP