Clarion Project Inc

Clarion Project Inc. maintains stable revenue and growing assets with no reported officer compensation.

EIN: 205845679 · Beachwood, OH · NTEE: A32 · Updated: 2026-03-28

$3.8MRevenue

$1.5MAssets

85/100Mission Score (Excellent)

A32

About Clarion Project Inc

Clarion Project Inc (EIN: 205845679) is a nonprofit organization based in Beachwood, OH, classified under NTEE code A32. The organization reported total revenue of $3.8M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clarion Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Clarion Project Inc. demonstrates a generally stable financial position over the past decade, with revenues consistently in the range of $1.6 million to $3 million. In the latest reported period (202312), the organization reported revenues of $2,470,395 against expenses of $2,320,449, indicating a surplus. Assets have shown growth, reaching $3,753,463 in 202312, significantly higher than the $1,422,564 reported in 201512, suggesting prudent financial management and asset accumulation. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial transparency and operational model.

Spending efficiency appears to be reasonable, with expenses generally tracking below or slightly above revenues in most years, preventing significant deficits. The consistent reporting of zero officer compensation is a strong indicator of efficient use of funds at the executive level, potentially allowing more resources to be directed towards programs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.

Transparency regarding executive compensation is excellent, with a consistent report of 0% for officers. The availability of 13 years of IRS 990 filings provides a comprehensive historical view of the organization's financial activities, contributing positively to its overall transparency. Further transparency could be enhanced with more detailed public breakdowns of functional expenses beyond what is typically available in summary 990 data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Clarion Project Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 80%
fundraising: 10%

According to IRS 990 filings, Clarion Project Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Clarion Project Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with revenues often exceeding $2 million annually.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Clarion Project Inc's IRS 990 filings:

Unusually low revenue in 202212 ($1,614,308) compared to surrounding years, followed by a recovery, warrants further investigation into the cause.
Consistent 0% officer compensation, while seemingly positive, can sometimes mask other forms of compensation or raise questions about the sustainability of leadership without direct pay.

Strengths

The following positive indicators were identified for Clarion Project Inc:

Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds away from executive salaries.
Healthy asset growth over the past decade, from $1,422,564 in 201512 to $3,753,463 in 202312, demonstrating financial prudence.
Generally stable revenue base, consistently attracting significant funding over many years.
Long history of IRS 990 filings (13 filings), providing extensive financial transparency and historical data for analysis.

Frequently Asked Questions about Clarion Project Inc

How does Clarion Project Inc. manage to operate without paying officer compensation?

The IRS 990 filings consistently show 0% officer compensation. This could imply that officers are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or that the organization has a unique operational structure where executive leadership is not salaried.

What is the primary driver of the organization's asset growth?

Assets have grown from $1,422,564 in 201512 to $3,753,463 in 202312. This growth is likely driven by consistent revenue surpluses over expenses in most years, such as the $149,946 surplus in 202312 ($2,470,395 revenue - $2,320,449 expenses), allowing for accumulation of reserves and investments.

Is the organization financially stable given its revenue fluctuations?

Despite some year-to-year fluctuations in revenue (e.g., $2,649,430 in 202112 down to $1,614,308 in 202212, then up to $2,470,395 in 202312), the organization has maintained positive net assets and generally managed expenses to avoid significant deficits, indicating overall financial stability.

Filing History

IRS 990 filing history for Clarion Project Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Clarion Project Inc's revenue has grown by 53.7%, moving from $1.6M to $2.5M. Total assets increased by 333% over the same period, from $867K to $3.8M. Total functional expenses rose by 91.3%, from $1.2M to $2.3M. In its most recent filing year (2023), Clarion Project Inc reported a surplus of $150K, with revenue exceeding expenses. The organization holds $101K in liabilities against $3.8M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $3.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.5M	$2.3M	$3.8M	$101K	—	—
2022	$1.6M	$1.8M	$3.6M	$86K	—	View 990
2021	$2.6M	$1.9M	$3.8M	$180K	—	View 990
2020	$2.7M	$2.3M	$3.2M	$344K	—	View 990
2019	$2.7M	$2.5M	$2.7M	$109K	—	View 990
2018	$2.7M	$2.4M	$2.4M	$92K	—	View 990
2017	$3.0M	$2.5M	$2.3M	$237K	—	—
2016	$2.5M	$2.1M	$1.7M	$113K	—	View 990
2015	$2.3M	$2.7M	$1.4M	$183K	—	View 990
2014	$2.4M	$2.5M	$1.7M	$97K	—	View 990
2013	$2.4M	$1.7M	$1.8M	$97K	—	View 990
2012	$1.4M	$1.2M	$1.1M	$53K	—	View 990
2011	$1.6M	$1.2M	$867K	$14K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.5M, expenses of $2.3M, and assets of $3.8M (revenue +53.0% year-over-year).
2022: Revenue of $1.6M, expenses of $1.8M, and assets of $3.6M (revenue -39.1% year-over-year).
2021: Revenue of $2.6M, expenses of $1.9M, and assets of $3.8M (revenue -0.5% year-over-year).
2020: Revenue of $2.7M, expenses of $2.3M, and assets of $3.2M (revenue -1.6% year-over-year).
2019: Revenue of $2.7M, expenses of $2.5M, and assets of $2.7M (revenue -0.2% year-over-year).
2018: Revenue of $2.7M, expenses of $2.4M, and assets of $2.4M (revenue -9.8% year-over-year).
2017: Revenue of $3.0M, expenses of $2.5M, and assets of $2.3M (revenue +19.3% year-over-year).
2016: Revenue of $2.5M, expenses of $2.1M, and assets of $1.7M (revenue +7.7% year-over-year).
2015: Revenue of $2.3M, expenses of $2.7M, and assets of $1.4M (revenue -3.6% year-over-year).
2014: Revenue of $2.4M, expenses of $2.5M, and assets of $1.7M (revenue +2.1% year-over-year).
2013: Revenue of $2.4M, expenses of $1.7M, and assets of $1.8M (revenue +73.0% year-over-year).
2012: Revenue of $1.4M, expenses of $1.2M, and assets of $1.1M (revenue -14.5% year-over-year).
2011: Revenue of $1.6M, expenses of $1.2M, and assets of $867K.

Data Sources and Methodology

This transparency report for Clarion Project Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.