GEAUGA GROWTH PARTNERSHIP INC

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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

2010

Legal Domicile

Principal Officer

KIMM LEININGER

Phone

4405641060

Tax Period

2023-01-01 to 2023-12-31

GEAUGA GROWTH PARTNERSHIP INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $676K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $629K left a modest 7% surplus.

Mission

TO ENHANCE THE ECONOMIC CLIMATE IN GEAUGA COUNTY BY ATTRACTING NEW BUSINESS, SUPPORTING EXISTING BUSINESSES, AND PREPARING THE WORKFORCE OF THE FUTURE.

Program Service Accomplishments

Program 1

Expenses: $469,784

THE ORGANIZATION FULFILLS ITS MISSION BY PROVIDING THE FOLLOWING PROGRAMS: ADULT WORKFORCE EDUCATION AND SKILL DEVELOPMENT; YOUTH WORKFORCE EDUCATION AND CAREER AWARENESS/READINESS PROGRAMS; YOUTH...

THE ORGANIZATION FULFILLS ITS MISSION BY PROVIDING THE FOLLOWING PROGRAMS: ADULT WORKFORCE EDUCATION AND SKILL DEVELOPMENT; YOUTH WORKFORCE EDUCATION AND CAREER AWARENESS/READINESS PROGRAMS; YOUTH INTERNSHIP PROGRAM; EDUCATOR CAREER AWARENESS PROGRAM(S); BUSINESS SUPPORT AND DEVELOPMENT SESSIONS; ENTREPRENEUR ENRICHMENT ACTIVITIES; COORDINATION OF ROUNDTABLE SUPPORT NETWORKS; CEO PEER ADVISORY GROUPS; NETWORKING EVENTS AND MORE. GGP ALSO COORDINATES BUSINESS RETENTION AND EXPANSION VISITS, INCLUDING THE SUPPORT OF A SHARED, COUNTY-WIDE DATABASE, WITH LOCAL ECONOMIC DEVELOPMENT PROFESSIONALS.

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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 $276,810

Program Service Revenue $184,423

Investment Income $95,575

Other Revenue $118,871

TOTAL REVENUE $675,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $392,159

Fundraising Expenses $68,533

Program Expenses $469,784

Other Expenses $236,815

TOTAL EXPENSES $628,974

Year-over-Year Comparison

	2023	2022	Change
Revenue	$675,679	$532,117	+0.3%
Expenses	$628,974	$578,139	+0.1%
Net Income	$46,705	$-46,022	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH BUNTON	DIRECTOR	N/A	Director	$0	$0	$0
JOHN W EPPRECHT	CHAIRMAN	N/A	Officer Director	$0	$0	$0
DAVID FORD	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD J FRENCHIE	SECRETARY	N/A	Officer Director	$0	$0	$0
JAY GILES	DIRECTOR	N/A	Director	$0	$0	$0
JASON GLOWCZEWSKI	DIRECTOR	N/A	Director	$0	$0	$0
LEE IMHOF	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTIAN KLEIN	DIRECTOR	N/A	Director	$0	$0	$0
TONY MADORMO	DIRECTOR	N/A	Director	$0	$0	$0
BRIDEY MATHENEY	DIRECTOR	N/A	Director	$0	$0	$0
PAUL MILLER	DIRECTOR	N/A	Director	$0	$0	$0
RENEE NIED	DIRECTOR	N/A	Director	$0	$0	$0
MATTHEW NIPPER	DIRECTOR	N/A	Director	$0	$0	$0
STEPHANIE RONYAK	TREASURER	N/A	Officer Director	$0	$0	$0
DIANE POPOVICH	DIRECTOR	N/A	Director	$0	$0	$0
TRACIE ROBERTS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN SOLICH	DIRECTOR	N/A	Director	$0	$0	$0
ANGELA SPALSBURY	DIRECTOR	N/A	Director	$0	$0	$0
JOHN C STEIGERWALD	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
BONNIE TROYER	DIRECTOR	N/A	Director	$0	$0	$0
CASEY ZULANDT	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$675,679	$628,974	$756,437	$46,705
2022	$532,117	$578,139	$712,481	$-46,022
2021	$495,338	$415,865	$740,229	$79,473
2020	$433,078	$434,045	$653,681	$-967
2019	$452,597	$364,515	$578,209	$88,082
2018	$388,313	$296,005	$474,401	$92,308