ASHTABULA COUNTY RESIDENTIAL SERVICES CO (EIN 237433930) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

EDITH JONAS

Phone

4405936027

Tax Period

2024-01-01 to 2024-12-31

ASHTABULA COUNTY RESIDENTIAL SERVICES CO, founded in 1974, is a community nonprofit in the Human Services sector that reported $3.8M in total revenue in fiscal year 2024.

Mission

TO IMPROVE THE QUALITY OF LIFE OF PEOPLE WITH DEVELOPMENTAL DISABILITIES BY PROVIDING SERVICES THAT BRING THEM TO THEIR HIGHEST LEVEL OF FUNCTION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,560,360

Investment Income $177,390

Other Revenue $94,732

TOTAL REVENUE $3,832,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,561,889

Fundraising Expenses $0

Program Expenses $3,578,726

Other Expenses $1,159,702

TOTAL EXPENSES $3,721,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,832,482	$3,687,731	+0.0%
Expenses	$3,721,591	$3,228,200	+0.2%
Net Income	$110,891	$459,531	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$150,844

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE LOFTUS	BOARD MEMBER	1.00	Director	$0	$0	$0
EDWINA PAYNE	BOARD MEMBER	1.00	Director	$0	$0	$0
VIRGINIA WALKER	BOARD MEMBER	1.00	Director	$0	$0	$0
EDITH JONAS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRITTANY WINCHELL	BOARD MEMBER	1.00	Director	$0	$0	$0
JOYANNA GROEL	EXECUTIVE DIRECTOR	40.00	Officer	$113,198	$37,646	$150,844

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
2024	$3,832,482	$3,721,591	$5,647,758	$110,891
2023	$3,687,731	$3,228,200	$5,436,988	$459,531
2022	$3,453,493	$2,968,410	$4,757,280	$485,083
2021	$2,580,889	$2,705,261	$4,621,505	$-124,372
2020	$2,540,527	$2,178,093	$4,744,420	$362,434
2019	$2,464,272	$2,284,586	$4,178,185	$179,686
2018	$2,378,355	$2,277,630	$3,826,733	$100,725

ASHTABULA COUNTY RESIDENTIAL SERVICES CO