Judson Foundation

EIN: 320048863 501(c)(3) Philanthropy & Grantmaking

CLEVELAND, OH

Total Revenue
$971,828
Total Expenses
$1,403,248
Total Assets
$35,618,614
Net Assets
$35,403,133
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
OH
Principal Officer
Kendra Urdzik
Phone
2167912013
Tax Period
2023-01-01 to 2023-12-31

Judson Foundation, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $972K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 44% operating deficit.

Mission

THE JUDSON FOUNDATION IS THE 501(C)(3) FUND RAISING ORGANIZATION SUPPORTING MANY OF THE PROGRAMS, NEW INITIATIVES, FACILITY ENHANCEMENTS, RESIDENT SUBSIDIES AND STRATEGIC INITIATIVES, AS DETERMINED BY THE 501(C)(3) PARENT JUDSON SERVICES, INC. BOARD.

Program Service Accomplishments

Program 1
Expenses: $673,557 Revenue: $89,617

JUDSON FOUNDATION IS ORGANIZED AND OPERATED FOR THE BENEFIT AND SUPPORT OF ITS NOT-FOR-PROFIT SOLE CORPORATE MEMBER, JUDSON SERVICES, INC.(JSI) AND JSI'S NOT-FOR-PROFIT SUBSIDIARIES, JUDSON, JUDSON...

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JUDSON FOUNDATION IS ORGANIZED AND OPERATED FOR THE BENEFIT AND SUPPORT OF ITS NOT-FOR-PROFIT SOLE CORPORATE MEMBER, JUDSON SERVICES, INC.(JSI) AND JSI'S NOT-FOR-PROFIT SUBSIDIARIES, JUDSON, JUDSON HOME CARE, AND SOUTH FRANKLIN CIRCLE. JUDSON FOUNDATION PARTNERS WITH INDIVIDUALS, FOUNDATIONS, AND ORGANIZATIONS TO ADVANCE JSI'S MISSION OF CREATING COMMUNITY FOR OLDER ADULTS. JUDSON FOUNDATION HELPS SUPPORT PROGRAMS AND SERVICES THAT CONTRIBUTE TO A VIBRANT AND POSITIVE ATMOSPHERE WITH NEW EXPERIENCES AND OPPORTUNITIES FOR THE OLDER ADULTS ITS RELATED 501(C)(3) ORGANIZATIONS SERVE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $992,462
Program Service Revenue $0
Investment Income $-110,251
Other Revenue $89,617
TOTAL REVENUE $971,828

Expense Breakdown

Grants Paid $673,557
Salaries & Benefits $351,796
Fundraising Expenses $440,888
Program Expenses $673,557
Other Expenses $377,895
TOTAL EXPENSES $1,403,248

Year-over-Year Comparison

2023 2022 Change
Revenue $971,828 $1,510,547 -0.4%
Expenses $1,403,248 $1,685,912 -0.2%
Net Income $-431,420 $-175,365 +1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
19

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
6
$775,884
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENDRA URDZIK PRESIDENT/CEO 4.0
Officer
$0 $6,739 $388,768
BRIAN WASSIL VP FINANCE OF JSI/CFO 4.0
Officer
$0 $4,440 $219,480
BETH EMBRESCIA VP - JUDSON FOUNDATION 40.0
Officer
$164,055 $3,581 $167,636
KATHY JANINI DIR DONOR ENG&COMM&INTERIM VP 40.0
Highest
$109,679 $2,333 $112,012
REX G MASON TRUSTEE THRU APRIL 1.0
Director
$0 $0 $0
ROGER W KALLOCK TRUSTEE 1.0
Director
$0 $0 $0
NANCY SHERWIN TRUSTEE 1.0
Director
$0 $0 $0
DAVIS YOUNG TRUSTEE 1.0
Director
$0 $0 $0
RICHARD H BAMBERGER TRUSTEE 1.0
Director
$0 $0 $0
SAMUEL S HARTWELL TRUSTEE 1.0
Director
$0 $0 $0
BRUCE A LOESSIN TRUSTEE 1.0
Director
$0 $0 $0
GRETCHEN S LARSON TRUSTEE 1.0
Director
$0 $0 $0
JOHN P SCHNEIDER TRUSTEE 1.0
Director
$0 $0 $0
KEVIN B SHAW CHAIR 1.0
Officer Director
$0 $0 $0
GEORGIANNA ROBERTS TRUSTEE 1.0
Director
$0 $0 $0
THOMAS G BRICK TRUSTEE 1.0
Director
$0 $0 $0
BARBARA I HAWLEY SECRETARY 1.0
Officer Director
$0 $0 $0
THE VERY REV TRACEY LIND TRUSTEE 1.0
Director
$0 $0 $0
TIM REYNOLDS TREASURER 1.0
Officer Director
$0 $0 $0
THOMAS A NOBBE TRUSTEE 1.0
Director
$0 $0 $0
STEPHEN J STRNISHA TRUSTEE 1.0
Director
$0 $0 $0
DOUGLAS WANG TRUSTEE 1.0
Director
$0 $0 $0
CYNTHIA H DUNN EX-OFFICIO, TRUSTEE 1.0
Director
$0 $0 $0
CATHERINE S KOPPELMAN TRUSTEE THRU FEBRUARY 1.0
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 $971,828 $1,403,248 $35,618,614 $-431,420
2022 $1,510,547 $1,685,912 $33,124,297 $-175,365
2021 $3,138,962 $1,836,598 $38,750,009 $1,302,364
2020 $1,969,682 $1,636,036 $35,988,271 $333,646
2019 $2,166,495 $1,537,064 $24,835,435 $629,431
2018 $1,979,685 $1,459,990 $23,098,164 $519,695
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