THE CLEARING (EIN 396075633) - 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

1937

Legal Domicile

Principal Officer

GARY CHAUDOIR

Phone

9207344531

Tax Period

2023-01-01 to 2023-12-31

THE CLEARING, founded in 1937, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 5% surplus.

Mission

TO PROVIDE DIVERSE EDUCATIONAL EXPERIENCES IN THE FOLK SCHOOL TRADITION IN A SETTING OF QUIET FOREST, MEADOWS AND WATER, THE CLEARING IS A PLACE WHERE ADULTS WHO SHARE AN INTEREST IN NATURE, ARTS OR HUMANITIES CAN LEARN, REFLECT AND WONDER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $475,366

Program Service Revenue $992,434

Investment Income $66,318

Other Revenue $96,574

TOTAL REVENUE $1,630,692

Expense Breakdown

Grants Paid $34,200

Salaries & Benefits $855,108

Fundraising Expenses $30,014

Program Expenses $1,373,523

Other Expenses $654,197

TOTAL EXPENSES $1,543,505

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,630,692	$1,241,122	+0.3%
Expenses	$1,543,505	$1,310,934	+0.2%
Net Income	$87,187	$-69,812	-2.2%

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

200

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

$99,792

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY CHAUDOIR	BOARD PRESIDENT	10.00	Officer Director	$0	$0	$0
TOM ALT	BOARD VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TERRIE COOPER	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
CAROLYN KIMBELL	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
BILL SURBAUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
CURT WESSEL	BOARD MEMBER	1.00	Director	$0	$0	$0
GENE KENNY	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENNA PETERS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL GILSON	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY AKERLY	BOARD MEMBER	1.00	Director	$0	$0	$0
NITA HARREMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
RON HUPE	BOARD MEMBER	1.00	Director	$0	$0	$0
YVONNE TYSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE SCHNEIDER	EXECUTIVE DIRECTOR	40.00	Officer	$96,008	$3,784	$99,792

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	No data	No data	No data	No data
2023	$1,630,692	$1,543,505	$3,960,703	$87,187
2022	$1,241,122	$1,310,934	$3,849,167	$-69,812
2021	$2,072,867	$1,188,787	$3,923,723	$884,080
2020	$1,487,756	$921,368	$3,095,960	$566,388
2019	$1,434,600	$1,255,801	$2,401,136	$178,799
2018	$1,291,161	$1,109,995	$2,115,096	$181,166

THE CLEARING