CLAIRMONT CREST INC (EIN 870759408) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

JUSTIN LINDSEY

Phone

4043259077

Tax Period

2023-01-01 to 2023-12-31

CLAIRMONT CREST INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $150K in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $556K exceeded revenue, resulting in a 271% operating deficit.

Mission

TO ENRICH THE LIVES OF SENIOR ADULTS BY EMPOWERING EACH INDIVIDUAL TO FLOURISH WHILE AGING IN PLACE WITHIN A CHRISTIAN ENVIRONMENT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $149,789

Investment Income $0

Other Revenue $0

TOTAL REVENUE $149,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,211

Fundraising Expenses $0

Program Expenses $555,792

Other Expenses $532,581

TOTAL EXPENSES $555,792

Year-over-Year Comparison

	2023	2022	Change
Revenue	$149,789	$10,123,663	-1.0%
Expenses	$555,792	$27,029,030	-1.0%
Net Income	$-406,003	$-16,905,367	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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	Role	Reportable Comp	Other Comp	Total
BRANDON BURK	BOARD MEMBER	Director	$0	$0	$0
JUSTIN CROSS	BOARD MEMBER	Director	$0	$0	$0
RUSSEL MARSHALL	BOARD MEMBER	Director	$0	$0	$0
JUSTIN LINDSEY	BOARD CHAIR	Officer Director	$0	$0	$0
JUSTIN BLEEKER	SECRETARY	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	No data	No data	No data	No data
2023	$149,789	$555,792	$1,297,344	$-406,003
2022	$10,123,663	$27,029,030	$-7,083,079	$-16,905,367
2021	$2,349,495	$2,147,996	$17,271,038	$201,499
2020	$2,285,772	$2,147,222	$16,980,455	$138,550
2019	$2,267,212	$2,191,838	$16,729,619	$75,374
2018	$2,090,583	$1,816,447	$15,267,708	$274,136

CLAIRMONT CREST INC