WARREN COUNTY FOUNDATION DEPOSITORY

EIN: 311613467 501(c)(3) Philanthropy & Grantmaking

LEBANON, OH

Total Revenue
$851,563
Total Expenses
$960,528
Total Assets
$1,311,558
Net Assets
$183,134
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
OH
Principal Officer
MICHAEL MANSBRIDGE
Phone
5139341001
Tax Period
2022-07-01 to 2023-06-30

WARREN COUNTY FOUNDATION DEPOSITORY, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $852K in total revenue in fiscal year 2022. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $961K exceeded revenue, resulting in a 13% operating deficit.

Mission

OPERATES A "CHARITABLE CHECKING" PROGRAM, WHICH PROVIDES DONORS AN OPPORTUNITY TO MAKE GIFT INSTRUCTIONS FOR DISTRIBUTION OR PRINCIPAL AND/OR EARNINGS TO ANY NUMBER OF OTHER CHARITABLE ORGANIZATIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $805,697
Program Service Revenue $0
Investment Income $45,866
Other Revenue $0
TOTAL REVENUE $851,563

Expense Breakdown

Grants Paid $960,194
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $960,194
Other Expenses $334
TOTAL EXPENSES $960,528

Year-over-Year Comparison

2022 2021 Change
Revenue $851,563 $425,317 +1.0%
Expenses $960,528 $518,473 +0.9%
Net Income $-108,965 $-93,156 +0.2%
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
20
Independent Members
20
Employees
N/A
Volunteers
20

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
2
$160,700
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM SEDDON PRESIDENT & CEO 30.00
Officer
$0 $0 $85,200
MICHAEL MANSBRIDGE V.P. AND CHIEF ADMIN 30.00
Officer
$0 $0 $75,500
SHANNON W JONES CHAIR 1.00
Director
$0 $0 $0
DALE BRUNNER VICE CHAIR 1.00
Director
$0 $0 $0
DEREK R TINNIN TREASURER 1.00
Director
$0 $0 $0
MAGGIE HESS SECRETARY 1.00
Director
$0 $0 $0
BARNEY WRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC MEILSTRUP BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTYE LEASURE BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL B CUNNINGHAM BOARD MEMBER 1.00
Director
$0 $0 $0
BOBBIE GRICE BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD JONES BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE KREHBIEL BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT B MORGAN BOARD MEMBER 1.00
Director
$0 $0 $0
KENNETH NATORP BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM G THORTON JR BOARD MEMBER 1.00
Director
$0 $0 $0
JUDGE MICHAEL E POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
SENATOR STEPHEN P WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE CARROLL BOARD MEMBER 1.00
Director
$0 $0 $0
SPENCER S CROPPER BOARD MEMBER 1.00
Director
$0 $0 $0
KENT SAVAGE BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG SALMON-GILMORE BOARD MEMBER 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $851,563 $960,528 $1,311,558 $-108,965
2022 $425,317 $518,473 $1,427,221 $-93,156
2021 $572,469 $604,509 $1,504,882 $-32,040
2020 $895,281 $807,402 $1,535,940 $87,879
2019 $787,422 $867,038 $1,468,853 $-79,616
2018 $1,115,567 $1,014,672 $1,751,778 $100,895
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