MENTOR, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKE COUNTY COUNCIL ON AGING INC, founded in 1972, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $3.1M left a modest 14% surplus.
THE COUNCIL OF AGING PROVIDES AGING ADULTS AND THEIR SUPPORT SYSTEM WITH SERVICES AND OPPORTUNITIES THAT ENABLE THEM TO ACHIEVE AN OPTIMAL, SELF DEFINED, QUALITY OF LIFE. THIS IS ACHIEVED THROUGH THE PROVISION OF EDUCATION, NUTRITION SERVICES, CASE MANAGEMENT SERVICES, IN-HOME ASSISTANCE AND COMMUNITY OUTREACH. THE LAKE COUNTY COUNCIL ON AGING PROVIDES SUPPORT SERVICES, PROGRAMS AND ADVOCACY TO HELP LAKE COUNTY SENIORS LIVE DIGNIFIED AND INDEPENDENT LIVES. THE AGENCYS PRIMARY RESPONSIBILITIES ARE TO DESIGN, PROMOTE AND IMPLEMENT SERVICES TO ADDRESS THE IDENTIFIED NEEDS OF THE COMMUNITYS ELDER POPULATION AND TO COORDINATE EXISTING SERVICES IN PARTNERSHIP WITH PUBLIC AND PRIVATE ORGANIZATIONS. THE AGENCY PROVIDES INFORMATION, ASSISTANCE AND DIRECT SUPPORT THAT ALLOW SENIORS TO MAINTAIN THEIR INDEPENDENCE AND SUSTAIN THEIR QUALITY OF LIFE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,632,666 | $2,741,414 | +0.3% |
| Expenses | $3,109,627 | $2,636,940 | +0.2% |
| Net Income | $523,039 | $104,474 | +4.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SHANNON CIANCIOLA | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MEGAN COY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL PAHORESKY CPA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MINDY MALLET-KOVALCHECK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN P THOMAS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSEPH TOMSICK | CEO | 40.00 |
Officer
|
$130,168 | $27,001 | $157,169 |
| EILEEN YATES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN CAPELLE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNN MANTEUFFEL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRI FINDLAY-JONES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KATEY TUTOLO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SUZIE BEGOVIC | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARNIE DEGUIRE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC ZIEGLER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,632,666 | $3,109,627 | $4,503,576 | $523,039 |
| 2022 | $2,741,414 | $2,636,940 | $3,772,341 | $104,474 |
| 2021 | $2,617,433 | $2,492,091 | $4,018,556 | $125,342 |
| 2020 | $2,472,359 | $2,257,061 | $3,757,791 | $215,298 |
| 2019 | $2,749,482 | $2,693,684 | $3,539,510 | $55,798 |
| 2018 | $2,704,604 | $2,628,165 | $3,291,469 | $76,439 |
Compare LAKE COUNTY COUNCIL ON AGING INC with other nonprofits in Ohio and across the country.