Clear The Way Supportive Housing Co

EIN: 822179485 501(c)(3) Housing & Shelter

Ronkonkoma, NY

Total Revenue
$-3,974
Total Expenses
$2,015
Total Assets
$3,450,237
Net Assets
$-204,193
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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
2017
Legal Domicile
NY
Principal Officer
Melissa Shea
Phone
6315046096
Tax Period
2023-01-01 to 2023-12-31

Clear The Way Supportive Housing Co, founded in 2017, is a micro nonprofit in the Housing & Shelter sector that reported $4K in total revenue in fiscal year 2023. Revenue fell 103% from the prior year — a significant decline worth monitoring.

Mission

To assist in the epidemic of homelessness and provide quality affordable homes for the disabled battered veterans, victims of abuse, and homeless families.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-3,974
TOTAL REVENUE $-3,974

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,080
Other Expenses $2,015
TOTAL EXPENSES $2,015

Year-over-Year Comparison

2023 2022 Change
Revenue $-3,974 $115,643 -1.0%
Expenses $2,015 $228,814 -1.0%
Net Income $-5,989 $-113,171 -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

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Governance

Voting Members
3
Independent Members
N/A
Employees
3
Volunteers
5

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melissa Shea Director 0.00
Officer
$0 $0 $0
John Shea Director 0.00
Officer
$0 $0 $0
Michael Mulholland Director 0.00
Officer
$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
2023 $-3,974 $2,015 $3,450,237 $-5,989
2022 $115,643 $228,814 $3,539,413 $-113,171
2021 $116,308 $76,114 $3,064,170 $40,194
2020 $218,415 $300,852 $2,349,217 $-82,437
2019 $194,892 $243,867 $2,406,025 $-48,975
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