THE NEW ALBANY COMMUNITY FOUNDATION

EIN: 311409264 501(c)(3) Philanthropy & Grantmaking

NEW ALBANY, OH

Total Revenue
$4,283,686
Total Expenses
$4,526,984
Total Assets
$26,464,532
Net Assets
$24,855,935
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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
1994
Legal Domicile
OH
Principal Officer
J CRAIG MOHRE
Phone
6149398150
Tax Period
2024-07-01 to 2025-06-30

THE NEW ALBANY COMMUNITY FOUNDATION, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.3M in total revenue in fiscal year 2024. Net assets of $24.9M represent 70 months of operating reserves.

Mission

THE FOUNDATION'S MISSION IS TO IMPROVE NEW ALBANY FOR THE BENEFIT OF ALL ITS CITIZENS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,092,303
Program Service Revenue $170,301
Investment Income $21,082
Other Revenue $0
TOTAL REVENUE $4,283,686

Expense Breakdown

Grants Paid $1,111,693
Salaries & Benefits $722,443
Fundraising Expenses $544,735
Program Expenses $3,674,929
Other Expenses $2,692,848
TOTAL EXPENSES $4,526,984

Year-over-Year Comparison

2024 2023 Change
Revenue $4,283,686 $4,360,956 0.0%
Expenses $4,526,984 $4,277,641 +0.1%
Net Income $-243,298 $83,315 -3.9%
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

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Governance

Voting Members
15
Independent Members
15
Employees
5
Volunteers
16

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
5
$305,100
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVERETT GALLAGHER TRUSTEE 2.00
Director
$0 $0 $0
HELGA HOUSTON IMMEDIATE PAST CHAIR 2.00
Officer Director
$0 $0 $0
PAUL JUDGE CHAIR 2.00
Officer Director
$0 $0 $0
BILL EBBING TRUSTEE 1.00
Director
$0 $0 $0
DAVID FEINBERG TRUSTEE 1.00
Director
$0 $0 $0
LYNNE REDGRAVE TRUSTEE 2.00
Director
$0 $0 $0
DAN SNYDER TRUSTEE 1.00
Director
$0 $0 $0
JOHN MCWHORTER TRUSTEE 1.00
Director
$0 $0 $0
NANETTE NARDI TRIPLETT SECRETARY 1.00
Officer Director
$0 $0 $0
TOM PIGOTT TREASURER 2.00
Officer Director
$0 $0 $0
ANDY WEEKS TRUSTEE 1.00
Director
$0 $0 $0
TJ OBROKTA JR VICE CHAIR 1.00
Director
$0 $0 $0
LORI GILLETT TRUSTEE 1.00
Director
$0 $0 $0
COREY ROBINSON TRUSTEE 1.00
Director
$0 $0 $0
SANDRA RODRIGUEZ TOLEDO TRUSTEE 1.00
Director
$0 $0 $0
J CRAIG MOHRE PRESIDENT 50.00
Officer
$297,500 $7,600 $305,100
MARCIA GABOR VICE PRES/DIR BRANDING/VOL 40.00
Highest
$132,341 $4,840 $137,181
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 $4,283,686 $4,526,984 $26,464,532 $-243,298
2024 $4,360,956 $4,277,641 $23,894,318 $83,315
2023 $5,474,995 $4,980,331 $20,974,123 $494,664
2022 $7,914,986 $8,469,370 $19,894,351 $-554,384
2021 $12,025,093 $11,680,307 $22,837,707 $344,786
2020 $3,725,539 $2,866,784 $18,664,557 $858,755
2019 $3,754,288 $2,427,923 $17,190,915 $1,326,365
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