Cloverfields Property Owners Assoc… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

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

Operation, Maintenance of common areas and amenities located in the Cloverfields subdivision, Queen Annes County MD.

Program Service Accomplishments

Program 1

Maintenance Operations of common areas in the Cloverfields Subdivision, Queen Annes County MD.

🔒

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%)

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

🔒

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

Governance

Voting Members

Independent Members

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

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

Cloverfields Property Owners Association Inc