Clearly Reformed Inc (EIN 874653093) - 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

2016

Legal Domicile

Principal Officer

Barry Peterson

Phone

8649409715

Tax Period

2024-01-01 to 2024-12-31

Clearly Reformed Inc, founded in 2016, is a small nonprofit in the Religion sector that reported $643K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $756K exceeded revenue, resulting in a 18% operating deficit.

Mission

Providing Christians with Bible truths and good theology presented clearly and applied carefully to their lives and to the problems of our day.

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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 (2024)

Revenue Breakdown

Contributions & Grants $331,101

Program Service Revenue $306,388

Investment Income $5,299

Other Revenue $0

TOTAL REVENUE $642,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $243,458

Fundraising Expenses $0

Program Expenses $707,379

Other Expenses $512,181

TOTAL EXPENSES $755,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$642,788	$553,282	+0.2%
Expenses	$755,639	$282,847	+1.7%
Net Income	$-112,851	$270,435	-1.4%

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

Volunteers

150

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

$141,829

Total Directors

$144,829

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin DeYoung	President	2.00	Officer Director	$7,530	$0	$7,530
Evan Vanderwey	Board Member	2.00	Director	$0	$0	$0
Justin Taylor	Board Member	2.00	Director	$3,000	$0	$3,000
Paul Joyce	Board Member	2.00	Director	$0	$0	$0
Rich Protasewich	Board Member	2.00	Director	$0	$0	$0
Barry Peterson	Executive Director	20.00	Officer Director	$134,299	$0	$134,299
Brent Andersen	Board Member	2.00	Director	$0	$0	$0
Ed Barnes	Board Member	2.00	Director	$0	$0	$0
Jonathan Doyle	Board Member	2.00	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	$642,788	$755,639	$182,786	$-112,851
2023	$553,282	$282,847	$297,926	$270,435

Clearly Reformed Inc