CLARENDON FOUNDATION (EIN 541589699) - 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

1991

Legal Domicile

Principal Officer

Evan Jones

Phone

8018102950

Tax Period

2023-01-01 to 2023-12-31

CLARENDON FOUNDATION, founded in 1991, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 112% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 58% operating margin.

Mission

Administer educational broadband spectrum under FCC guidelines and mandates. Provide communication technology and educational programs to schools, Community and Government.

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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 $0

Program Service Revenue $1,487,236

Investment Income $2,036,097

Other Revenue $-4,288

TOTAL REVENUE $3,519,045

Expense Breakdown

Grants Paid $117,866

Salaries & Benefits $906,821

Fundraising Expenses $0

Program Expenses $1,326,941

Other Expenses $435,884

TOTAL EXPENSES $1,460,571

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,519,045	$1,660,516	+1.1%
Expenses	$1,460,571	$1,442,763	+0.0%
Net Income	$2,058,474	$217,753	+8.5%

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

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

$432,634

Total Directors

$432,634

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J Evan Jones	President	45.00	Officer Director	$221,352	$22,219	$243,571
Timothy C Jones	Vice President	45.00	Officer Director	$167,986	$21,077	$189,063
Doug Carroll EdD	Director	5.00	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
2024	No data	No data	No data	No data
2023	$3,519,045	$1,460,571	$10,001,665	$2,058,474
2022	$1,660,516	$1,442,763	$9,961,211	$217,753
2021	$2,186,428	$1,466,132	$10,027,753	$720,296
2020	$1,864,583	$1,935,082	$9,714,248	$-70,499
2019	$1,726,718	$1,502,327	$9,440,116	$224,391
2018	$1,538,045	$1,427,344	$8,435,025	$110,701

CLARENDON FOUNDATION