CLEAR PATH FOR VETERANS NEW ENGLAND INC

EIN: 820681735 501(c)(3) Public & Societal Benefit

DEVENS, MA

Total Revenue
$4,282,601
Total Expenses
$4,104,312
Total Assets
$5,219,058
Net Assets
$2,619,032
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MA
Principal Officer
JASON GILBERT
Phone
9783848800
Tax Period
2024-01-01 to 2024-12-31

CLEAR PATH FOR VETERANS NEW ENGLAND INC, founded in 2017, is a community nonprofit in the Public & Societal Benefit sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $4.1M left a modest 4% surplus.

Mission

TO PROVIDE SERVICES THAT ENABLE VETERANS' WELLNESS ACROSS ALL DIMENSIONS AND EMPOWER THEM TO ACHIEVE THEIR FULL POTENTIAL.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,984,015
Program Service Revenue $160,467
Investment Income $0
Other Revenue $138,119
TOTAL REVENUE $4,282,601

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,091,237
Fundraising Expenses $10,746
Program Expenses $3,568,756
Other Expenses $2,013,075
TOTAL EXPENSES $4,104,312

Year-over-Year Comparison

2024 2023 Change
Revenue $4,282,601 $2,414,267 +0.8%
Expenses $4,104,312 $2,431,359 +0.7%
Net Income $178,289 $-17,092 -11.4%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
51
Volunteers
45

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
3
$101,148
Total Directors
10
$74,536
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD QUENNEVILLE DIRECTOR 0.50
Director
$0 $0 $0
SCOTT BULGER DIRECTOR 0.50
Director
$0 $0 $0
DONNA BULGER TREASURER 0.50
Officer Director
$0 $0 $0
CHRIS NISSEN DIRECTOR 0.50
Director
$0 $0 $0
THOMAS HERALD CHAIRMAN OF THE BOARD 0.50
Officer Director
$0 $0 $0
MATTHEW CASAUBON DIRECTOR 0.50
Director
$0 $0 $0
REBECCA ALPERIN DIRECTOR 0.50
Director
$0 $0 $0
SHELLY HEACOCK DIRECTOR 0.50
Director
$0 $0 $0
DEAN WILLIAMS DIRECTOR 0.50
Director
$0 $0 $0
ANN-MARIE ROGERS CLERK 0.50
Director
$72,480 $2,056 $74,536
JASON GILBERT CHIEF EXECUTIVE OFFICER 40.00
Officer
$82,755 $18,393 $101,148
LARS LANDERS DIR. INTEGRATED WELLNESS 40.00
Highest
$119,280 $3,353 $122,633
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 $4,282,601 $4,104,312 $5,219,058 $178,289
2023 $2,414,267 $2,431,359 $5,067,530 $-17,092
2022 $1,605,219 $1,703,828 $5,096,839 $-98,609
2021 $2,033,752 $1,125,275 $5,205,914 $908,477
2020 $1,061,055 $733,169 $4,504,777 $327,886
2019 $1,044,949 $489,482 $1,499,299 $555,467
2018 $697,779 $279,884 $1,022,498 $417,895
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CLEAR PATH FOR VETERANS NEW ENGLAND INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.