CUYAHOGA COMMUNITY COLLEGE FOUNDAT… - Form 990 Financial Data

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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

1973

Legal Domicile

Principal Officer

MEGAN O'BRYAN

Phone

2169874868

Tax Period

2024-07-01 to 2025-06-30

CUYAHOGA COMMUNITY COLLEGE FOUNDATION, founded in 1973, is a mid-sized nonprofit in the Education sector that reported $13.0M in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 18% operating margin.

Mission

THE MISSION OF THE CUYAHOGA COMMUNITY COLLEGE FOUNDATION IS TO PROVIDE RESOURCES FOR ADVANCING STUDENT SUCCESS AT CUYAHOGA COMMUNITY COLLEGE AND TO TRANSFORM THE LIVES OF THOSE TRI-C SERVES. (CONTINUED ON SCHEDULE O)

Program Service Accomplishments

Program 1

Expenses: $3,985,579

SCHOLARSHIP PROGRAM: ALTHOUGH THE COLLEGE'S TUITION IS THE LOWEST IN NORTHEAST OHIO, THERE ARE STUDENTS IN OUR COMMUNITY WHO, WITHOUT FINANCIAL ASSISTANCE, CANNOT ACCESS OR CONTINUE THEIR EDUCATION, ESPECIALLY THOSE PURSUING A SHORT-TERM CERTIFICATE THAT IS INELIGIBLE FOR FEDERAL AID. SCHOLARSHIPS ENABLE THOUSANDS OF STUDENTS TO ACCESS AND OBTAIN THEIR COLLEGE EDUCATION, OFTEN REDUCING THE TIME IT TAKES TO GRADUATE. OVER A FIVE-YEAR PERIOD (FY2021-2025), 20,346 SCHOLARSHIPS TOTALING $24.8 MILLION WERE AWARDED TO TRI-C STUDENTS. THE AVERAGE SCHOLARSHIP WAS $1,500. GROWING SCHOLARSHIP OPPORTUNITIES FOR STUDENTS IS AN ONGOING, TOP PRIORITY FOR THE TRI-C FOUNDATION.

Program 2

Expenses: $5,826,777

EDUCATIONAL DEVELOPMENT: TRI-C FOUNDATION SUPPORTS DEVELOPING AND ENHANCING EDUCATIONAL PROGRAMS IN RESPONSE TO WORKFORCE AND STUDENT NEEDS. A TRI-C EDUCATION IS DESIGNED TO MEET THE EDUCATIONAL...

EDUCATIONAL DEVELOPMENT: TRI-C FOUNDATION SUPPORTS DEVELOPING AND ENHANCING EDUCATIONAL PROGRAMS IN RESPONSE TO WORKFORCE AND STUDENT NEEDS. A TRI-C EDUCATION IS DESIGNED TO MEET THE EDUCATIONAL, CULTURAL AND ECONOMIC NEEDS OF OUR COMMUNITIES THROUGH INNOVATIVE PROGRAMMING, ESPECIALLY FOR HIGH DEMAND CAREERS IN CREATIVE ARTS, HOSPITALITY MANAGEMENT, INFORMATION TECHNOLOGY, MANUFACTURING, NURSING AND HEALTH PROFESSIONS, AND PUBLIC SAFETY. HIGH-QUALITY, INDUSTRY-RELEVANT COURSES, AND COMPREHENSIVE, HANDS-ON TRAINING ENSURE THAT STUDENTS GAIN A COMPETITIVE EDGE TO PREPARE FOR SUCCESS IN TODAY'S JOB MARKET. TRI-C PROGRAMS ALIGN WITH KEY AREAS THAT ANTICIPATE FUTURE JOB GROWTH; GRADUATE WORKERS WITH THE SKILLS LOCAL EMPLOYERS SEEK; (CONTINUED ON SCHEDULE O)DEMONSTRATE HIGH SUCCESS RATES; USE STATE OF-THE-ART FACILITIES; AND RECEIVE NATIONAL RECOGNITION.TRI-C IS AMONG THE NATION'S TOP 150 COMMUNITY COLLEGES, ACCORDING TO THE ASPEN INSTITUTE COLLEGE EXCELLENCE PROGRAM. COLLEGE-WIDE INITIATIVES ARE INCREASING GRADUATION RATES, AND THE NUMBER OF WORKFORCE CREDENTIALS AWARDED ANNUALLY. CHARITABLE INVESTMENTS HELP TO GROW RESOURCES THAT ADDRESS EQUITY GAPS IN SUCCESS AND COMPLETION, SUCH AS EXPANDING CAMPUS FOOD PANTRIES AND MAINTAINING A STUDENT EMERGENCY FUND TO COVER CRISIS EXPENSES. HELPING STUDENTS TO PREPARE FOR A CAREER AFTER COMPLETION IS A PRIORITY, THROUGH PAID INTERNSHIPS AND WORK READINESS GRANTS TO PURCHASE ESSENTIAL WORK TOOLS OR EQUIPMENT.

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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 $7,409,836

Program Service Revenue $0

Investment Income $5,195,824

Other Revenue $431,689

TOTAL REVENUE $13,037,349

Expense Breakdown

Grants Paid $9,812,356

Salaries & Benefits $0

Fundraising Expenses $449,333

Program Expenses $9,812,356

Other Expenses $887,333

TOTAL EXPENSES $10,699,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,037,349	$9,038,957	+0.4%
Expenses	$10,699,689	$11,423,151	-0.1%
Net Income	$2,337,660	$-2,384,194	-2.0%

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
MICHAEL A BASTON JD EDD	DIRECTOR	2.00	Director	$0	$0	$0
ANNE BINGHAM	DIRECTOR	2.00	Director	$0	$0	$0
MITCHELL G BLAIR	DIRECTOR	2.00	Director	$0	$0	$0
GAIL A BOWEN	DIRECTOR	2.00	Director	$0	$0	$0
MICKI BYRNES	DIRECTOR	2.00	Director	$0	$0	$0
CRAIG CANTRALL	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT CARLIN	DIRECTOR	2.00	Director	$0	$0	$0
PAUL CLARK	DIRECTOR	2.00	Director	$0	$0	$0
EDWARD COCHRAN	DIRECTOR	2.00	Director	$0	$0	$0
TONY D CONTRUCCI	DIRECTOR	2.00	Director	$0	$0	$0
TONY COSTANZO	DIRECTOR	2.00	Director	$0	$0	$0
JEFF COX	DIRECTOR	2.00	Director	$0	$0	$0
HANNAH DELIS	CHAIRPERSON, DEVELOPMENT & COMMITTEE	2.00	Director	$0	$0	$0
STEVEN J DEMETRIOU	DIRECTOR	2.00	Director	$0	$0	$0
DEBORAH V DONLEY	DIRECTOR	2.00	Director	$0	$0	$0
EMILY DRAKE	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN EPSTEIN	DIRECTOR	2.00	Director	$0	$0	$0
ERIC M FIALA	DIRECTOR	2.00	Director	$0	$0	$0
WAYNE FOLEY	CHAIRPERSON, AUDIT COMMITTEE	2.00	Director	$0	$0	$0
DOLORES LOLA GARCIA	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE D HEREFORD MSHA RN FACHE	DIRECTOR	2.00	Director	$0	$0	$0
KATE HUBBEN	DIRECTOR	2.00	Director	$0	$0	$0
FELICIA WILLIAMS JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
JASON JONES	DIRECTOR	2.00	Director	$0	$0	$0
LOUIS G JOSEPH	DIRECTOR	2.00	Director	$0	$0	$0
ANSIR JUNAID	DIRECTOR	2.00	Director	$0	$0	$0
JAMES ALEXANDER KEENE	DIRECTOR	2.00	Director	$0	$0	$0
DOUGLAS A KERN	DIRECTOR	2.00	Director	$0	$0	$0
DAVID KUNTZ	DIRECTOR	2.00	Director	$0	$0	$0
MATT KUTCHA	DIRECTOR	2.00	Director	$0	$0	$0
ALBERTA GAIL LEWIS LEE	DIRECTOR	2.00	Director	$0	$0	$0
JAY LUCARELLI	DIRECTOR	2.00	Director	$0	$0	$0
CATHY MACMILLAN	DIRECTOR	2.00	Director	$0	$0	$0
SHANA F MARBURY ESQ	DIRECTOR	2.00	Director	$0	$0	$0
KYLE MERRILL	DIRECTOR	2.00	Director	$0	$0	$0
KAREN MILLER PHD	DIRECTOR	2.00	Director	$0	$0	$0
KRISTINE NEATE	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW NIPPER	DIRECTOR	2.00	Director	$0	$0	$0
KATHERINE T O'NEILL	DIRECTOR	2.00	Director	$0	$0	$0
THERESA POLACHEK	CHAIRPERSON, COMMITTEE ON DIRECTORS	2.00	Director	$0	$0	$0
DENISE POLVERINE	DIRECTOR	2.00	Director	$0	$0	$0
GERALYN PRESTI	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW E RANDALL	DIRECTOR	2.00	Director	$0	$0	$0
MATT REVILLE	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS RUSS	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL SALTZMAN	DIRECTOR	2.00	Director	$0	$0	$0
MICHELE SCHROCK	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW SMITH	DIRECTOR	2.00	Director	$0	$0	$0
KATHY STERIO	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL Y TALTON DM	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN S THOMAS	CHAIRPERSON, FINANCE COMMITTEE	2.00	Director	$0	$0	$0
DANIEL A WEEKLEY	DIRECTOR	2.00	Director	$0	$0	$0
DAVID W WHITEHEAD	DIRECTOR	2.00	Director	$0	$0	$0
MARGARET W WONG ESQ	DIRECTOR	2.00	Director	$0	$0	$0
JAMES B ARONOFF ESQ	VICE CHAIRPERSON	2.00	Officer	$0	$0	$0
ANDREA HOGBEN	VICE CHAIRPERSON	2.00	Officer	$0	$0	$0
HOWARD L LEWIS	CHAIRPERSON	2.00	Officer	$0	$0	$0
JENEEN MARZIANI	VICE CHAIRPERSON	2.00	Officer	$0	$0	$0
MEGAN O'BRYAN	PRESIDENT, TRI-C FOUNDATION	2.00	Officer	$0	$0	$0
PATRICK M PASTORE	PAST CHAIRPERSON	2.00	Officer	$0	$0	$0
GREGORY J SKODA	TREASURER	2.00	Officer	$0	$0	$0
LORNA WISHAM	SECRETARY	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	$13,037,349	$10,699,689	$122,379,921	$2,337,660
2024	$9,038,957	$11,423,151	$113,330,342	$-2,384,194
2023	$8,561,872	$8,887,901	$104,163,341	$-326,029
2022	$19,770,120	$10,137,698	$98,727,251	$9,632,422
2021	$15,520,924	$9,041,373	$110,703,967	$6,479,551
2020	$9,474,397	$7,823,759	$89,432,616	$1,650,638
2019	$10,480,043	$8,158,731	$86,501,727	$2,321,312

CUYAHOGA COMMUNITY COLLEGE FOUNDATION