Clyde Development Inc

EIN: 480811261 501(c)(3) Health Care

Clyde, KS

Total Revenue
$3,398,200
Total Expenses
$3,129,527
Total Assets
$1,630,007
Net Assets
$1,379,580
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
KS
Principal Officer
Terry Koch
Phone
7854462818
Tax Period
2024-01-01 to 2024-12-31

Clyde Development Inc, founded in 1973, is a community nonprofit in the Health Care sector that reported $3.4M in total revenue in fiscal year 2024. Expenses of $3.1M left a modest 8% surplus.

Mission

Nursing home for the elderly The organization owns and operates an intermediate care nursing facility for the elderly and disabled.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $23,924
Program Service Revenue $3,358,388
Investment Income $15,888
Other Revenue $0
TOTAL REVENUE $3,398,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,111,218
Fundraising Expenses $0
Program Expenses $2,581,366
Other Expenses $1,018,309
TOTAL EXPENSES $3,129,527

Year-over-Year Comparison

2024 2023 Change
Revenue $3,398,200 $3,268,226 +0.0%
Expenses $3,129,527 $2,804,658 +0.1%
Net Income $268,673 $463,568 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
102
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
4
$133,497
Total Directors
7
$0
Key Employees
1
$133,497
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sherri Biery Director 1.00
Director
$0 $0 $0
Bill Genereux Director 1.00
Director
$0 $0 $0
Terry Koch President 1.00
Officer Director
$0 $0 $0
Reed Wilson Treasurer/secretary 1.00
Officer Director
$0 $0 $0
Mike George Vice President 1.00
Officer Director
$0 $0 $0
Leah Cook Director 1.00
Director
$0 $0 $0
Denise Beeson Director 1.00
Director
$0 $0 $0
Abigail Schmidt Director of nursing 40.00
Officer Key Emp Highest
$133,497 $0 $133,497
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 $3,398,200 $3,129,527 $1,630,007 $268,673
2023 $3,268,226 $2,804,658 $1,445,141 $463,568
2022 $2,598,999 $2,679,408 $1,076,652 $-80,409
2021 $2,679,944 $2,583,183 $1,247,602 $96,761
2020 $2,629,073 $2,475,236 $1,309,067 $153,837
2019 $2,103,637 $2,042,892 $992,159 $60,745
2018 $1,929,441 $2,061,640 $951,776 $-132,199
Explore More Nonprofits
→Top 100 Nonprofits in Kansas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Clyde Development Inc with other nonprofits in Kansas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.