CANTON HARBOR HIGH SCHOOL

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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

STEVEN A NICHOLS

Phone

3304528414

Tax Period

2023-07-01 to 2024-06-30

CANTON HARBOR HIGH SCHOOL, founded in 2004, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

CANTON HARBOR HIGH SCHOOL'S MISSION IS TO ADVANCE UNDER-SERVED YOUTH THROUGH EDUCATION, JOB TRAINING, PERSONAL DEVELOPMENT, LEADERSHIP DEVELOPMENT AND COMMUNITY SERVICE.

Program Service Accomplishments

Program 1

Expenses: $1,699,511 Revenue: $14,014

TO PROVIDE HIGH SCHOOL EDUCATIONAL OPPORTUNITIES FOR CHILDREN IN THE CANTON, OHIO AREA WHO ARE OUTSIDE THE EDUCATIONAL MAINSTREAM BY COMPLETING COURSEWORK WITHIN AN ESTABLISHED CURRICULUM.

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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 $1,878,090

Program Service Revenue $0

Investment Income $1,815

Other Revenue $14,014

TOTAL REVENUE $1,893,919

Expense Breakdown

Grants Paid $5,287

Salaries & Benefits $1,385,121

Fundraising Expenses $0

Program Expenses $1,699,511

Other Expenses $597,075

TOTAL EXPENSES $1,987,483

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,893,919	$1,724,689	+0.1%
Expenses	$1,987,483	$1,871,883	+0.1%
Net Income	$-93,564	$-147,194	-0.4%

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

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

$231,254

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN A NICHOLS	ADMINISTRATOR/PRINCIPAL	40.00	Officer	$102,000	$14,280	$116,280
JOE DIRUZZA	FISCAL OFFICER / TREASURER	40.00	Officer	$101,775	$13,199	$114,974
SHELBY SANTIZO	CHAIRMAN & BOARD TRUSTEE	2.00	Officer Director	$0	$0	$0
DAVID MILLER	BOARD TRUSTEE/ VICE PRES.	1.00	Officer Director	$0	$0	$0
PATRICK BARTON	BOARD TRUSTEE/ SECRETARY	1.00	Officer Director	$0	$0	$0
KIMBERLY STUTZ	BOARD TRUSTEE	0.60	Director	$0	$0	$0
KARI KEEFE	BOARD TRUSTEE	0.60	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
2025	No data	No data	No data	No data
2024	$1,893,919	$1,987,483	$1,071,173	$-93,564
2023	$1,724,689	$1,871,883	$1,119,604	$-147,194
2022	$1,656,673	$1,629,841	$1,445,620	$26,832
2021	$1,410,635	$1,704,138	$1,207,150	$-293,503
2020	$1,431,999	$1,648,518	$1,414,027	$-216,519
2019	$1,360,655	$1,405,084	$1,274,421	$-44,429
2018	$1,313,914	$1,136,789	$1,423,004	$177,125