CLS Holding Company Inc (EIN 383522198) - 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

2000

Legal Domicile

Principal Officer

Annette Downey

Phone

7344677600

Tax Period

2024-10-01 to 2025-09-30

CLS Holding Company Inc, founded in 2000, is a micro nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 381% from the prior year — a significant decline worth monitoring.

Mission

To hold title to real property for the benefit of Community Living Services.

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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 $423,037

Investment Income $-1,767,329

Other Revenue $0

TOTAL REVENUE $-1,344,292

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $718,059

TOTAL EXPENSES $718,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-1,344,292	$479,109	-3.8%
Expenses	$718,059	$723,751	0.0%
Net Income	$-2,062,351	$-244,642	+7.4%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$296,544

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Angela Martin	Chairperson	1.00	Officer Director	$0	$0	$0
Kathleen Kovach	Vice Chair	1.00	Officer Director	$0	$0	$0
Phil Cavanagh	Secretary	1.00	Officer Director	$0	$0	$0
Sylvia Kloc	Treasurer	1.00	Officer Director	$0	$0	$0
Annette Downey	CEO	1.00	Officer	$0	$39,922	$296,544

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	$-1,344,292	$718,059	$3,044,451	$-2,062,351
2024	$479,109	$723,751	$5,221,844	$-244,642
2023	$468,250	$762,606	$5,582,407	$-294,356
2022	$601,566	$711,050	$5,996,800	$-109,484
2021	$623,719	$791,585	$6,217,412	$-167,866
2020	$603,204	$737,875	$7,998,983	$-134,671
2019	$620,133	$747,930	$8,371,322	$-127,797
2018	$1,249,166	$1,110,585	$8,889,193	$138,581

CLS Holding Company Inc