Form 990 for tax year 2023

Totals

Total revenue

$6,190,985

Total expenses

$5,041,580

Contributions and grants received

$6,026,325

Grants paid

$0

Program service revenue

$0

Investment income

$144,289

Other revenue

$20,371

Total assets, end of year

$8,821,060

Total liabilities, end of year

$3,378,191

Net assets or fund balances, end of year

$5,442,869

Program services expenses (Part IX)

$3,911,335

Management and general expenses

$735,000

Fundraising expenses

$395,245

Program service expenses (Part III)

$3,911,335

Program services were 77.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• FINANCIAL EMPOWERMENT (PUBLIC SUPPORT): CLARIFI'S FINANCIAL EMPOWERMENT PROGRAM UTILIZES A RELATIONSHIP-BASED, CASE MANAGEMENT APPROACH TO COUNSELING INDIVIDUALS TOWARDS FINANCIAL RESILIENCE. COUNSELORS BUILD LONG-TERM RELATIONSHIPS WITH CLIENTS BASED ON EMPATHY AND TRUST, HELPING THEM SET THEIR OWN FINANCIAL GOALS AND CREATE A STEP-BY-STEP ACTION PLAN FOR ACHIEVING THEM, INCLUDING REDUCED DEBT, IMPROVED CREDIT, AND INCREASING SAVINGS. DURING INITIAL APPOINTMENTS, COUNSELORS WORK WITH THEIR CLIENTS TO COMPLETE AN INCOME/EXPENSE ANALYSIS, IDENTIFY FINANCIAL GOALS, AND DEVELOP A WRITTEN ACTION PLAN FOR ACHIEVING SAID GOALS. COUNSELORS ALSO FOLLOW UP WITH CLIENTS AT 30, 60, AND 90 DAYS POST-APPOINTMENT TO CHECK IN ON PROGRESS, RECORD OUTCOMES, CONNECT THE CLIENT WITH ADDITIONAL RESOURCES, AND SCHEDULE FURTHER APPOINTMENTS. SERVICES ARE OFTEN PROVIDED IN COMMUNITY-BASED LOCATIONS IN PARTNERSHIP WITH OTHER ORGANIZATIONS SUCH AS CAREERLINK AND CHILDREN'S HOSPITAL OF PHILADELPHIA. THERE ARE NO ELIGIBILITY REQUIREMENTS AND NO LIMITATIONS ON THE VOLUME OF SERVICE PER CLIENT. CLIENTS OFTEN RETURN FOR MULTIPLE FOLLOW-UP APPOINTMENTS. THIS METHODOLOGY INCREASES THE CHANGE THAT EACH CLIENT MAKES POSITIVE BEHAVIORAL CHANGES AND MAINTAIN FINANCIALLY HEALTHY BEHAVIORS OVER TIME, BOTH OF WHICH YIELD STRONG, MEASURABLE LONG-TERM OUTCOMES. IN 2023, CLARIFI PROVIDED 3,757 FINANCIAL EMPOWERMENT COUNSELING SESSIONS TO 2,178 UNIQUE CLIENTS. OF THOSE CLIENTS, 252 REDUCED USE OF SHORT-TERM CREDIT, 517 ESTABLISHED EMERGENCY SAVINGS, 13 ESTABLISHED A CREDIT PROFILE, 266 INCREASED THEIR CREDIT SCORE BY 35+ POINTS, AND 671 ACHIEVED AND MAINTAINED CAPACITY TO MEET BASIC NEEDS FOR 90 DAYS.

  Expenses $2,542,368

• HOUSING (PUBLIC SUPPORT): CLARIFI'S COUNSELORS HELP FAMILIES FIND, SECURE, AND MAINTAIN SAFE HOUSINGAND, IF THEY OWN A HOME, PRESERVE IT FOR THEMSELVES AND THE NEXT GENERATION. CLARIFI'S HOUSING SERVICES SPAN THE ENTIRETY OF THE HOUSING SPECTRUM INCLUDING FORECLOSURE AND EVICTION PREVENTION, PRE-PURCHASE COUNSELING, HOME REPAIR ACCESS, AND TENANCY PREPARATION. CLARIFI'S HOUSING COUNSELORS, CERTIFIED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, UTILIZE A CASE-MANAGEMENT MODEL TO HELP THEIR CLIENTS ACHIEVE THEIR HOUSING GOALS. DURING INITIAL APPOINTMENTS, COUNSELORS WORK WITH THEIR CLIENTS TO COMPLETE AN INCOME/EXPENSE ANALYSIS, IDENTIFY HOUSING GOALS, AND DEVELOP A WRITTEN ACTION PLAN FOR ACHIEVING SAID GOALS. COUNSELORS ALSO FOLLOW UP WITH CLIENTS AT 30, 60, AND 90 DAYS POST-APPOINTMENT TO CHECK IN ON PROGRESS, RECORD OUTCOMES, CONNECT THE CLIENT WITH ADDITIONAL RESOURCES, AND SCHEDULE FURTHER APPOINTMENTS. RENTAL COUNSELING INCLUDES EVICTION PREVENTION THROUGH LANDLORD/TENANT MEDIATION, LEASING EDUCATION, LANDLORD ADVOCACY (BASED IN SAFE, WARM, DRY STANDARDS), AND LEASING PREPARATION (SAVING FOR DEPOSITS, CREDIT COUNSELING, ETC.) PRE-PURCHASE SERVICES INCLUDE PURCHASE PLANNING AND EDUCATION, PURCHASE GUIDANCE, AND HOMEBUYER GRANT APPLICATION ASSISTANCE. FORECLOSURE PREVENTION SERVICES INCLUDE MORTGAGE DELINQUENCY NEGOTIATION, FORECLOSURE CONCILIATION, EMERGENCY ASSISTANCE APPLICATIONS, AND COURT BASED ADVOCACY IN PHILADELPHIA, MONTGOMERY COUNTY, DELAWARE COUNTY, NEW JERSEY AND DELAWARE. LASTLY, CLARIFI OFFERS ACCESS TO THE RESTORE, REPAIR, RENEW HOME PRESERVATION LOAN PROGRAM, CONNECTING PHILADELPHIA HOMEOWNERS WITH LOW-INTEREST HOME REPAIR LOANS. ADDITIONALLY, CLARIFI'S COUNSELORS MAINTAIN A LARGE REFERRAL NETWORK AND OFTEN CONNECT THEIR CLIENTS TO ADDITIONAL RESOURCES SUCH AS UTILITIES, FOOD, AND CLOTHING ASSISTANCE. IN 2023, CLARIFI PROVIDED 1,141 HOUSING COUNSELING SESSIONS TO 1,025 UNIQUE CLIENTS. OF OUR HOUSING CLIENTS, 21 PURCHASED A HOME, 57 PREVENTED AN EVICTION, AND 182 REPORTED AVOIDING FORECLOSURE OR WERE IN THEIR HOMES WORKING TOWARD A SOLUTION AS OF 12/31/23.

  Expenses $1,173,401

• CLIENT GRANTS (PUBLIC SUPPORT): CLARIFI'S CLIENT GRANTS PROGRAM EMPOWERS FAMILIES TO ACHIEVE A RANGE OF POSITIVE OUTCOMES THAT FINANCIAL EMPOWERMENT AND HOUSING COUNSELING ALONE CANNOT, INCLUDING RESOLVING A CRISIS AND SECURING A FOUNDATION FOR BUILDING WEALTH. CLARIFI SUPPORTS THE ADVANCEMENT OF FINANCIAL JUSTICE BY DIRECTING RESOURCES TOWARDS THE COMMUNITIES WE SERVE, HELPING THEM MANAGE THROUGH AN ACUTE CRISIS, SUPPORT ECONOMIC MOBILITY AND BUILD SUSTAINABLE WEALTH, OFTEN IN THE FORM OF HOME OWNERSHIP. IN 2023, CLARIFI DISTRIBUTED CLIENT GRANTS TO 657 INDIVIDUALS TOTALING $561,000.

  Expenses $195,566

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• GREENPATH INC

  501(C)(3) · COUNSELING · MI

  Directly controlled by GREENPATH INC

• HOMEOWNERSHIP PRESERVATION FOUNDATION

  501(C)(3) · HOUSING · MN

  Directly controlled by GREENPATH INC

• RURAL DYNAMICS INC

  501(C)(3) · DEBT RESTRUCTURING, FINANCIAL EDUCATION, TAX RETURN PREPARATION · MT

  Directly controlled by GREENPATH INC

• GREENPATH INNOVATION DESIGN

  501(C)(3) · PRODUCT DEVELOPMENT FOR UNDERSERVED POPULATIONS AND NONPROFIT · MI

  Directly controlled by GREENPATH INC

• CCCS OF PUERTO RICO INC

  501(C)(3) · FINANCIAL CONSULTING SERVICES · PR

  Directly controlled by GREENPATH INC

Provenance

Return type

form_990

Tax year

2023

Filed

6 September 2024

IRS schema version

2023v5.1

Source object

202402549349301540

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