Kristen,
At risk:
There's a 10% tolerance between Expected Progress (a linear calculation of work/duration of a task) and actual %complete.
http://usermanual.clarizen.com/#scheduling-status
Off track:
Passed Due date - calculated by a nightly job (midnight).
If not At Risk or Off Track, then work item will show On Track so long as it is Active, not Active will not show status.
Sincerely,
Boris Krutiy