THE STRANAHAN SUPPORTING ORGANIZAT… - 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

1997

Legal Domicile

Principal Officer

KATE SOMMERFELD

Phone

4192415049

Tax Period

2023-01-01 to 2023-12-31

THE STRANAHAN SUPPORTING ORGANIZATION, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $555K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $117K, a strong 21% operating margin.

Mission

TO MAKE GRANTS FOR CHARITABLE PURPOSES CONSISTENT WITH THE MISSION OF THE TOLEDO COMMUNITY FOUNDATION.

Program Service Accomplishments

Program 1

Expenses: $399,518

GRANTS PAID - SEE SCHEDULE I

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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 $0

Program Service Revenue $0

Investment Income $555,216

Other Revenue $0

TOTAL REVENUE $555,216

Expense Breakdown

Grants Paid $399,518

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $399,518

Other Expenses $39,004

TOTAL EXPENSES $438,522

Year-over-Year Comparison

	2023	2022	Change
Revenue	$555,216	$435,548	+0.3%
Expenses	$438,522	$485,750	-0.1%
Net Income	$116,694	$-50,202	-3.3%

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

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

$568,739

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR KEITH BURWELL	SECRETARY/TREASURER	0.25	Officer	$0	$60,259	$343,661
MS KIM CRYAN	CFO	0.25	Officer	$0	$44,053	$225,078
MS PATRICIA APPOLD	CHAIR	0.25	Officer Director	$0	$0	$0
MR PARISS COLEMAN II ESQ	TRUSTEE	0.25	Director	$0	$0	$0
MS PAGE ARMSTRONG	TRUSTEE	0.25	Director	$0	$0	$0
MR FRANK JACOBS	TRUSTEE	0.25	Director	$0	$0	$0
MRS FRANCES PARRY	TRUSTEE	0.25	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	$555,216	$438,522	$15,210,209	$116,694
2022	$435,548	$485,750	$15,093,322	$-50,202
2021	$3,613,318	$538,523	$15,143,524	$3,074,795
2020	$679,827	$344,239	$12,068,729	$335,588
2019	$1,265,792	$406,250	$11,733,141	$859,542
2018	$602,825	$389,612	$10,873,599	$213,213

THE STRANAHAN SUPPORTING ORGANIZATION