CLEARVIEW HOME CORPORATION (EIN 390874683) - 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

1946

Legal Domicile

Principal Officer

ELIZABETH HARNED

Phone

2626463361

Tax Period

2024-01-01 to 2024-12-31

CLEARVIEW HOME CORPORATION, founded in 1946, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO SHINE THE LIGHT OF LOVE AND HEALING THROUGH CHRISTIAN SCIENCE NURSING.

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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 $443,341

Program Service Revenue $520,781

Investment Income $341,907

Other Revenue $10,205

TOTAL REVENUE $1,316,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $837,420

Fundraising Expenses $41,637

Program Expenses $1,118,160

Other Expenses $635,461

TOTAL EXPENSES $1,472,881

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,316,234	$842,333	+0.6%
Expenses	$1,472,881	$1,363,919	+0.1%
Net Income	$-156,647	$-521,586	-0.7%

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

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

$93,960

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN MEYER HERMANN	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY TOWNSAGER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BARBARA ZANONI	SECRETARY	2.00	Officer Director	$0	$0	$0
PENELOPE ROEHRER	TREASURER	6.00	Officer Director	$0	$0	$0
MARILYN ARMBRUSTER	BOARD MEMBER (THRU AUG 2024)	2.00	Director	$0	$0	$0
ELIZABETH HARNED	EXECUTIVE DIRECTOR	41.00	Officer	$88,249	$5,711	$93,960
JEFFREY DEEMER-WHITE	DIRECTOR OF CHRISTIAN SCIENCE NURSING	49.00	Highest	$111,902	$4,805	$116,707

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	$1,316,234	$1,472,881	$7,214,080	$-156,647
2023	$842,333	$1,363,919	$7,302,094	$-521,586
2022	$1,253,372	$1,285,873	$7,323,791	$-32,501
2021	$1,561,248	$1,414,936	$7,708,710	$146,312
2020	$623,633	$1,399,636	$7,707,957	$-776,003
2019	$1,058,183	$1,446,488	$7,902,018	$-388,305
2018	$3,957,630	$1,083,325	$8,244,754	$2,874,305

CLEARVIEW HOME CORPORATION