CLIPPER PETROLEUM FOUNDATION INC (EIN 461784703) - 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

2013

Legal Domicile

Principal Officer

THOMAS L BOWER III

Phone

7709657240

Tax Period

2023-01-01 to 2023-12-31

CLIPPER PETROLEUM FOUNDATION INC, founded in 2013, is a small nonprofit in the Education sector that reported $168K in total revenue in fiscal year 2023. The organization ran a surplus of $158K, a strong 94% operating margin.

Mission

THE FOUNDATION PROVIDES GRANTS TO NON-PROFITS,PUBLIC SCHOOLS AND COMMUNITY OUTREACH PROJECTS. THE PURPOSE OF THESE GRANTS IS TO HELP SUPPORT NORTH GEORGIA COMMUNITIES SURROUNDING, AND INCLUDING, THE HALL COUNTY AREA.

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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 $182,695

Program Service Revenue $0

Investment Income $352

Other Revenue $-15,168

TOTAL REVENUE $167,879

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,381

Other Expenses $2,433

TOTAL EXPENSES $9,433

Year-over-Year Comparison

	2023	2022	Change
Revenue	$167,879	N/A	N/A
Expenses	$9,433	N/A	N/A
Net Income	$158,446	$0	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HALEY BOWER-FRANK	PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM BOWER	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
MARIA BOWER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE HALL	TREASURER	1.00	Officer Director	$0	$0	$0
ED HONG	SECRETARY	1.00	Officer Director	$0	$0	$0
CAROLINE FILCHAK	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN COEN	BOARD MEMBER	0.00	Director	$0	$0	$0
SCOTT LEFEVRE	BOARD MEMBER	0.00	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
2023	$167,879	$9,433	$229,291	$158,446

CLIPPER PETROLEUM FOUNDATION INC