CLERMONT HOUSING CORPORATION (EIN 811594222) - Form 990 Financial Analysis & Trantor Score

🔒

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

2016

Legal Domicile

Principal Officer

ALICIA MORLATT

Phone

5138315700

Tax Period

2023-10-01 to 2024-09-30

CLERMONT HOUSING CORPORATION, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 328% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 74% operating margin.

Mission

PROVIDE AFFORDABLE HOUSING OPPORTUNITIES THROUGH DEVELOPMENT, OWNERSHIP, RENTAL AND/OR SALE OF HOUSING TO ELIGIBLE OCCUPANTS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,391,181

Investment Income $17,564

Other Revenue $0

TOTAL REVENUE $1,408,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,970

Fundraising Expenses $0

Program Expenses $313,530

Other Expenses $346,383

TOTAL EXPENSES $361,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,408,745	$329,526	+3.3%
Expenses	$361,353	$322,376	+0.1%
Net Income	$1,047,392	$7,150	+145.5%

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

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
ALICIA MORLATT	EXECUTIVE DIRECTOR	0.50		$0	$0	$116,816
MATT KOCH	FINANCE DIRECTOR	0.50		$0	$0	$74,761
TARA COX	OPERATIONS DIRECTOR	0.50		$0	$0	$72,663
MARSHALL MCCACHRAN	Director	0.25	Officer Director	$0	$0	$0
BRIAN PACE	Director	0.25	Officer Director	$0	$0	$0
SHAWN INGRAM	Director	0.25	Officer Director	$0	$0	$0
SHAWN MAYNES	Chairman	0.25	Officer Director	$0	$0	$0
ANDERS JUEL	VICE CHAIRMAN	0.25	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
2024	$1,408,745	$361,353	$3,244,740	$1,047,392
2023	$329,526	$322,376	$2,260,649	$7,150
2022	$1,889,929	$1,247,928	$2,330,728	$642,001
2021	$1,061,050	$893,428	$5,186,612	$167,622
2020	$877,676	$989,685	$5,651,880	$-112,009
2019	$916,663	$730,169	$5,835,954	$186,494
2018	$656,316	$465,177	$5,699,677	$191,139

CLERMONT HOUSING CORPORATION