CLAREMONT COURIER INC

EIN: 853022808 501(c)(3) Human Services

CLAREMONT, CA

Total Revenue
$847,035
Total Expenses
$818,374
Total Assets
$54,231
Net Assets
$37,827
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
PETER WEINBERGER
Phone
9096214761
Tax Period
2024-01-01 to 2024-12-31

CLAREMONT COURIER INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $847K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $818K left a modest 3% surplus.

Mission

THE CLAREMONT COURIER SERVES THE PUBLIC AS AN OBJECTIVE COMMUNITY NEWS SOURCE SINCE ITS FOUNDING IN 1908. AS A LEADING IMPARTIAL NEWS SOURCE, WE AIM TO EDUCATE THE PUBLIC TO HELP BETTER THE LIVES OF OUR RESIDENTS AND OUR CITY AT LARGE. THE COURIER CREATES A SAFE ENVIRONMENT SERVING AS AN OPEN FORUM FOR IDEAS, WHILE PROVIDING A PUBLIC SPACE FOR CITIZENS TO INTERACT. OUR ROLE AS WATCHDOG ENSURES GOVERNMENT WORKS FOR THE PEOPLE AND NOT SPECIAL INTERESTS. WE WORK DILIGENTLY TO FORGE RELATIONSHIPS WITH CLAREMONT BUSINESSES AND INSTITUTIONS THAT SUPPORT THE ECONOMIC AND CULTURAL ENGINES IN OUR THRIVING CITY. FINALLY, OUR READER-DRIVEN PHILOSOPHY FOCUSES ON PUBLISHING INFORMATION IN ANY FORMAT, PRINT AND DIGITAL, IN AN EFFORT TO REACH ALL CITIZENS REGARDLESS OF RACE, GENDER, EDUCATION AND INCOME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $125,057
Program Service Revenue $712,260
Investment Income $0
Other Revenue $9,718
TOTAL REVENUE $847,035

Expense Breakdown

Grants Paid $1,550
Salaries & Benefits $554,647
Fundraising Expenses $0
Program Expenses $741,755
Other Expenses $262,177
TOTAL EXPENSES $818,374

Year-over-Year Comparison

2024 2023 Change
Revenue $847,035 $892,609 -0.1%
Expenses $818,374 $948,736 -0.1%
Net Income $28,661 $-56,127 -1.5%
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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Governance

Voting Members
5
Independent Members
4
Employees
12
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
2
$60,000
Total Directors
5
$60,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER WEINBERGER CEO/PRESIDEN 45.00
Officer Director
$60,000 $0 $60,000
VALERIE MARTINEZ SECRETARY 3.00
Officer Director
$0 $0 $0
JOHN NEIUBER TREASURER 5.00
Director
$0 $0 $0
MARY QWEIS BOARD MEMBER 4.00
Director
$0 $0 $0
RILEY LEWIS BOARD MEMBER 4.00
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
2024 $847,035 $818,374 $54,231 $28,661
2023 $892,609 $948,736 $31,619 $-56,127
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