CLEVELAND STATE COMMUNITY COLLEGE FOUNDATION (EIN 237148122) - 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

1971

Legal Domicile

Principal Officer

LEE MCCHESNEY

Phone

4236148700

Tax Period

2024-07-01 to 2025-06-30

CLEVELAND STATE COMMUNITY COLLEGE FOUNDATION, founded in 1971, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $458K, a strong 21% operating margin.

Mission

TO PROVIDE INCOME FOR DISTRIBUTION IN THE FORM OF TUITION, SCHOLARSHIPS AND AWARDS FOR EDUCATIONAL PURPOSES.

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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 $1,294,841

Program Service Revenue $0

Investment Income $862,729

Other Revenue $7,336

TOTAL REVENUE $2,164,906

Expense Breakdown

Grants Paid $573,905

Salaries & Benefits $132,888

Fundraising Expenses $79,521

Program Expenses $1,487,838

Other Expenses $999,934

TOTAL EXPENSES $1,706,727

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,164,906	$1,294,413	+0.7%
Expenses	$1,706,727	$983,689	+0.7%
Net Income	$458,179	$310,724	+0.5%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE GRIFFIN	PAST-CHAIR	2.00	Director	$0	$0	$0
LEE MCCHESNEY	EXECUTIVE DI	2.00	Director	$0	$0	$0
RICK PLATZ	INVESTMENT C	2.00	Director	$0	$0	$0
CHRISSY PUGH	ADVANCEMENT	2.00	Director	$0	$0	$0
MARK SMITH	DEVELOPMENT	2.00	Director	$0	$0	$0
ANDREW WHITE	COLLEGE PRES	2.00	Director	$0	$0	$0
SHERRA WITT	SCHOLARSHIP	2.00	Director	$0	$0	$0
MARGARET SCHENCK	VICE-CHAIR,	2.00		$0	$0	$0
JONATHAN CANTRELL	BOARD CHAIR	2.00	Officer	$0	$0	$0
BARBARA EAVES	SECRETARY	2.00	Officer	$0	$0	$0
MARSHALL STINNET	TREASURER	2.00	Officer	$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	$2,164,906	$1,706,727	$11,626,276	$458,179
2024	$1,294,413	$983,689	$11,240,480	$310,724
2023	$1,232,081	$1,275,757	$10,412,089	$-43,676
2022	$1,444,476	$1,250,417	$9,532,496	$194,059
2021	$1,848,400	$3,948,986	$11,196,973	$-2,100,586
2020	$1,113,237	$974,849	$12,255,970	$138,388
2019	$1,816,817	$1,007,024	$12,274,974	$809,793
2018	$2,631,703	$1,179,341	$11,540,229	$1,452,362

CLEVELAND STATE COMMUNITY COLLEGE FOUNDATION