CLAYTON LOCAL DEVELOPMENT CORPORATION (EIN 421613553) - 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

2002

Legal Domicile

Principal Officer

JAMIE GANTER

Phone

3156863212

Tax Period

2024-01-01 to 2024-12-31

CLAYTON LOCAL DEVELOPMENT CORPORATION, founded in 2002, is a micro nonprofit in the Community Improvement sector that reported $43K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

TO RELIEVE AND REDUCE UNEMPLOYMENT; TO PROMOTE AND PROVIDE FOR ADDITIONAL AND MAXIMUM EMPLOYMENT; TO BETTER AND TO MAINTAIN JOB OPPORTUNITIES; TO CARRY ON RESEARCH FOR THE PURPOSE OF AIDING THE COMMUNITIES OF THE TOWN AND VILLAGE OF CLAYTON, NEW YORK.

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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 $32,500

Program Service Revenue $10,000

Investment Income $2

Other Revenue $0

TOTAL REVENUE $42,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,815

Other Expenses $44,172

TOTAL EXPENSES $44,172

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,502	$48,502	-0.1%
Expenses	$44,172	$49,349	-0.1%
Net Income	$-1,670	$-847	+1.0%

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

$75,942

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG ROGERS	BOARD MEMBER	2.00	Director	$0	$0	$0
JACK STOPPER	BOARD MEMBER	2.00	Director	$0	$0	$0
BOBBY CANTWELL	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
JAMIE GANTER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
NORMA ZIMMER	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL BASHAW	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTINE POWERS	SECRETARY	2.00	Director	$0	$0	$0
JOHN COOPER	TREASURER	2.00	Officer Director	$0	$0	$0
MIKE HAZELWOOD	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
NANCY HYDE	BOARD MEMBER	2.00	Director	$0	$0	$0
TIM DONEY	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTOPHER BOGENSCHUTZ	ASST SECRETARY	2.00	Officer Director	$0	$0	$0
TIM LALONDE	BOARD MEMBER	2.00	Director	$0	$0	$0
KRISTI DIPPEL	EXECUTIVE DIRECTOR	20.00	Officer	$0	$0	$75,942

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	$42,502	$44,172	$21,043	$-1,670
2023	$48,502	$49,349	$22,713	$-847
2022	$57,676	$56,998	$29,010	$678
2021	$41,676	$51,016	$170,424	$-9,340
2020	$43,387	$49,580	$31,764	$-6,193
2019	$34,688	$49,575	$47,957	$-14,887

CLAYTON LOCAL DEVELOPMENT CORPORATION