CLOVER COMMONS INC (EIN 571081122) - 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

1999

Legal Domicile

Principal Officer

CHERIE ABEE MABREY

Phone

8035361056

Tax Period

2024-07-01 to 2025-06-30

CLOVER COMMONS INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $192K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $725K represent 45 months of operating reserves.

Mission

CLOVER COMMONS, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING AN 18 UNIT COMMUNITY KNOWN AS CLOVER COMMONS LOCATED IN CLOVER, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW-INCOME PERSONS WITH DISABILTIIES, PURSUANT TO SECTION 811 OF HTE NATIONAL HOUSING ACT, AS AMENDED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $109,183

Program Service Revenue $78,510

Investment Income $3,131

Other Revenue $1,260

TOTAL REVENUE $192,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,110

Other Expenses $194,216

TOTAL EXPENSES $194,216

Year-over-Year Comparison

	2024	2023	Change
Revenue	$192,084	$171,237	+0.1%
Expenses	$194,216	$189,426	+0.0%
Net Income	$-2,132	$-18,189	-0.9%

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

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
CHERIE A MABREY	PRESIDENT	2.00	Officer Director	$0	$0	$0
REBECCA LAWSON	SECRETARY	2.00	Officer Director	$0	$0	$0
THOMAS LANGSTON	TREASURER	2.00	Officer Director	$0	$0	$0
PATRICIA CALKINS	DIRECTOR	2.00	Director	$0	$0	$0
JASON MYERS	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA DAHLIN	DIRECTOR	2.00	Director	$0	$0	$0
HATTIE ROSS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LOUVETTA DICKS	DIRECTOR	2.00	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
2025	$192,084	$194,216	$741,247	$-2,132
2024	$171,237	$189,426	$757,117	$-18,189
2023	$161,335	$205,780	$785,159	$-44,445
2022	$159,831	$175,803	$805,376	$-15,972
2021	$160,171	$153,775	$827,189	$6,396
2020	$159,974	$157,528	$813,126	$2,446
2019	$156,974	$166,557	$811,526	$-9,583

CLOVER COMMONS INC