Cloverfields Property Owners Association Inc

EIN: 521627482

Stevensville, MD

Total Revenue
$286,238
Total Expenses
$244,864
Total Assets
$1,103,715
Net Assets
$1,103,696
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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
1989
Legal Domicile
MD
Principal Officer
Robert Morelli
Tax Period
2024-11-01 to 2025-10-31

Cloverfields Property Owners Association Inc, founded in 1989, is a small nonprofit that reported $286K in total revenue in fiscal year 2024. Expenses of $245K left a modest 14% surplus.

Mission

The assn is responsible for maintenance and improvements to the common areas in the Cloverfields subdivision, Queen Annes Co MD. Imps include a pool, playground, and marina. None of these areas are open to the public.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $207,322
Program Service Revenue $16,260
Investment Income $13,092
Other Revenue $49,564
TOTAL REVENUE $286,238

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,338
Fundraising Expenses $0
Other Expenses $222,526
TOTAL EXPENSES $244,864

Year-over-Year Comparison

2024 2023 Change
Revenue $286,238 $271,962 +0.1%
Expenses $244,864 $281,564 -0.1%
Net Income $41,374 $-9,602 -5.3%
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

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Governance

Voting Members
11
Independent Members
N/A
Employees
22
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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Morelli President 010.00
Officer Director
$0 $0 $0
Bill Boyle 1st Vice President 002.00
Officer Director
$0 $0 $0
Courtney Chamblis 2nd Vice President 002.00
Officer Director
$0 $0 $0
Jeanette Meinhardt Treasurer 002.00
Officer Director
$0 $0 $0
Scott Clark Financial Recorder 002.00
Director
$0 $0 $0
Therese Lewis Corresponding Sec 002.00
Director
$0 $0 $0
Russ Schallue Member at large I 001.00
Director
$0 $0 $0
Skip Hunt Member at large II 001.00
Director
$0 $0 $0
Stephen Harper Member at large III 001.00
Director
$0 $0 $0
Vacant Member at large IV 001.00
Director
$0 $0 $0
Kelly Oliver Recording Secretary 002.00
Officer 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
2025 $286,238 $244,864 $1,103,715 $41,374
2024 $271,962 $281,564 $1,062,341 $-9,602
2023 $273,400 $237,045 $1,071,943 $36,355
2022 $252,066 $236,099 $1,035,588 $15,967
2021 $247,947 $181,901 $1,019,622 $66,046
2020 $234,974 $215,167 $953,574 $19,807
2019 $248,002 $192,730 $933,767 $55,272
2018 $251,434 $240,077 $878,495 $11,357
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