CLOVER FOUNDATION INC (EIN 463082856) - 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

KEITH LIEDERMAN

Phone

5045236221

Tax Period

2023-07-01 to 2024-06-30

CLOVER FOUNDATION INC, founded in 2013, is a micro nonprofit that reported $83K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $158K exceeded revenue, resulting in a 90% operating deficit.

Mission

THE FOUNDATION SERVES AS THE SUPPORTING ORGANIZATION TO CLOVER NOLA, INC., A LOUISIANA NON-PROFIT CORPORATION. THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES.

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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 $13,474

Program Service Revenue $0

Investment Income $69,787

Other Revenue $0

TOTAL REVENUE $83,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $158,002

TOTAL EXPENSES $158,002

Year-over-Year Comparison

	2023	2022	Change
Revenue	$83,261	$105,227	-0.2%
Expenses	$158,002	$148,560	+0.1%
Net Income	$-74,741	$-43,333	+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

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

$405,047

Total Directors

$247,693

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELDON F SKIP BRECHTEL	IMMEDIATE PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
KATHERINE GELDERMAN	DIRECTOR	0.25	Director	$0	$0	$0
MARGARET MONTGOMERY-RICHARD	PRESIDENT	0.50	Officer Director	$0	$0	$0
KIT FRITCHIE	SECRETARY	0.25	Officer Director	$0	$0	$0
BILL HAMMACK	DIRECTOR	0.25	Director	$0	$0	$0
CHIMENE GRANT SALOY	DIRECTOR	0.25	Director	$0	$0	$0
MILES CHANNING THOMAS	DIRECTOR	0.25	Director	$0	$0	$0
SHELDON LYKES	TREASURER	0.25	Officer Director	$0	$0	$0
LYNN SMALLPAGE MORGAN	DIRECTOR	0.25	Director	$0	$0	$0
KEITH H LIEDERMAN	DIRECTOR/CEO	0.25	Officer Director	$0	$8,698	$247,693
MADLYN BAGNERIS	DIRECTOR	0.25	Director	$0	$0	$0
RICHARD DICKIE BRENNAN	DIRECTOR	0.25	Director	$0	$0	$0
RYAN GOOTEE	DIRECTOR	0.25	Director	$0	$0	$0
BRENDAN GREENE	DIRECTOR	0.25	Director	$0	$0	$0
RICHARD ROTH III	DIRECTOR	0.25	Director	$0	$0	$0
SANDRA A COLVIN	CHIEF DEVELOPMENT OFFICER	0.25	Officer	$0	$2,550	$157,354

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	No data	No data	No data	No data
2024	$83,261	$158,002	$2,873,831	$-74,741
2023	$105,227	$148,560	$2,162,649	$-43,333
2022	$-308,907	$256	$2,229,427	$-309,163
2021	$1,331,550	$235,883	$2,121,990	$1,095,667
2020	$70,939	$114,522	$968,755	$-43,583
2019	$196,566	$28,215	$1,204,140	$168,351
2018	$139,153	$21,327	$1,549,682	$117,826

CLOVER FOUNDATION INC