CLIFTON PARK TRUSTEES

EIN: 340154388

LAKEWOOD, OH

Total Revenue
$511,625
Total Expenses
$570,677
Total Assets
$100,153
Net Assets
$96,989
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
OH
Principal Officer
JAMES SEIBERT
Phone
2165216078
Tax Period
2025-01-01 to 2025-12-31

CLIFTON PARK TRUSTEES, founded in 1942, is a small nonprofit that reported $512K in total revenue in fiscal year 2025. Expenses of $571K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO OPERATE AND MAINTAIN PROPERTIES UNDER A TRUST DEED, INCLUDING THE CLIFTON BEACH PROPERTY AND A BEACH HOUSE, LOCATED IN LAKEWOOD, OHIO.

Program Service Accomplishments

Program 1

OPERATION OF CLIFTON BEACH AND BEACH HOUSE INCLUDING PROPERTY REPAIRS, MAINTENANCE, SECURITY, UTILITIES, INSURANCE AND OTHER PROPERTY-ENHANCING ACTIVITIES. A VERY SPECIAL FACET OF CLIFTON PARK...

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OPERATION OF CLIFTON BEACH AND BEACH HOUSE INCLUDING PROPERTY REPAIRS, MAINTENANCE, SECURITY, UTILITIES, INSURANCE AND OTHER PROPERTY-ENHANCING ACTIVITIES. A VERY SPECIAL FACET OF CLIFTON PARK CENTERS ON THE PROPERTY THAT IS OWNED BY A TRUST CREATED IN 1912 FOR THE BENEFIT OF THE CLIFTON PARK LOT OWNERS. THAT PROPERTY INCLUDES CLIFTON BEACH, BEACH ROAD (RUNNING DOWN THE HILL, ALONG THE BEACH AND AROUND CLIFTON LAGOON), THE TRIANGULAR PARCELS AT THE LAKE ROAD ENTRANCE TO THE PARK AND IN FRONT OF THE CLIFTON CLUB, BANKS PARK, PROPERTY NEXT TO SLOANE SUBWAY AND A LANE BETWEEN WEST CLIFTON AND FOREST ROADS AND A LANE LEADING TO STAIRS TO THE BEACH. THE 1912 CLIFTON PARK TRUST DEED DIRECTED THE TRUSTEES TO HOLD TITLE TO AND PRESERVE ALL OF THE LAND DEEDED TO THEM AND ESTABLISH REGULATIONS FOR THE USE OF THE PROPERTY. IT PROVIDED THAT THE TRUST BE ADMINISTERED BY FIVE RESIDENTS OF CLIFTON PARK. THESE INDIVIDUALS, CONSTITUTING THE CLIFTON PARK BOARD OF TRUSTEES, ARE CHARGED WITH THE RESPONSIBILITY OF MAINTAINING THE TRUST PROPERTY AND ARE AUTHORIZED TO OBTAIN THE MONIES NECESSARY FROM AN ANNUAL ASSESSMENT ON ALL PARK LOT OWNERS. THE TRUSTEES SERVE WITHOUT COMPENSATION FOR LIFE, UNLESS THEY RESIGN OR MOVE OUT OF THE PARK.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $503,090
Investment Income $5,335
Other Revenue $3,200
TOTAL REVENUE $511,625

Expense Breakdown

Grants Paid $0
Salaries & Benefits $173,445
Fundraising Expenses $0
Other Expenses $397,232
TOTAL EXPENSES $570,677

Year-over-Year Comparison

2025 2024 Change
Revenue $511,625 $495,684 +0.0%
Expenses $570,677 $487,799 +0.2%
Net Income $-59,052 $7,885 -8.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
14
Volunteers
5

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
2
$14,500
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY GRAVES SECRETARY/TR 5.00
Officer
$14,500 $0 $14,500
JAMES SEIBERT CHAIR 2.00
Officer Director
$0 $0 $0
WARREN COLEMAN TRUSTEE 2.00
Director
$0 $0 $0
MARY ELLEN FRASER TRUSTEE 2.00
Director
$0 $0 $0
MARGARET MCCAFFREY TRUSTEE 2.00
Director
$0 $0 $0
RYAN MEANY TRUSTEE 2.00
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
2025 $511,625 $570,677 $100,153 $-59,052
2024 No data No data No data No data
2023 $460,773 $472,190 $159,581 $-11,417
2022 $437,343 $479,132 $170,997 $-41,789
2021 $436,691 $424,054 $212,789 $12,637
2020 $418,696 $343,426 $200,151 $75,270
2019 $435,390 $313,800 $127,115 $121,590
2018 $301,939 $410,759 $19,317 $-108,820
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