Folsom, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Clipped In For Life, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $438K in total revenue in fiscal year 2024. Expenses of $490K exceeded revenue, resulting in a 12% operating deficit.
Clipped in for lifes mission is to create opportunities for people of all ages and abilities to find achievement, adventure, and connection through cycling and other athletic activities - thus, helping improve lives and communities together.
Gathered with more than 1,500 unique participants through numerous events and programs. Engaged with over 400 volunteers who donated about 5,000 hours to support events and programs. Cheered on over...
Gathered with more than 1,500 unique participants through numerous events and programs. Engaged with over 400 volunteers who donated about 5,000 hours to support events and programs. Cheered on over 200 unique groms in the spring and fall Folsom Grom Race Series and welcomed many new families into the bike community. Funded 100 of scholarship requests reveived. Grew our Get Rollin Summer Camp Program and started our Grip Academy Fall and Spring semester, introducing and building skills for kids age 4 to the joy of riding a bike. Hit the trails with about 100 middle schoolers through the 678 program, supported by over 50 volunteer coaches and ride leaders.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $438,246 | $427,153 | +0.0% |
| Expenses | $490,437 | $382,975 | +0.3% |
| Net Income | $-52,191 | $44,178 | -2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Clint Claassen | Vice President | 040.00 |
Officer
Director
Key Emp
|
$79,591 | $0 | $79,591 |
| Jennifer Classen | Secretary | 040.00 |
Officer
Director
Key Emp
|
$69,583 | $0 | $69,583 |
| Rich Curtis | President | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Laura Shope | Treasurer | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tyler Clark | Director | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| William Rowland | Director | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $438,246 | $490,437 | $91,725 | $-52,191 |
| 2023 | $427,153 | $382,975 | $118,769 | $44,178 |
| 2022 | $314,119 | $333,792 | $75,995 | $-19,673 |
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