CHAGRIN VALLEY JAYCEES CHARITABLE FOUNDATION

EIN: 320094722 501(c)(3) Philanthropy & Grantmaking

CHAGRIN FALLS, OH

Total Revenue
$248,028
Total Expenses
$83,061
Total Assets
$484,832
Net Assets
$464,157
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
OH
Principal Officer
MIKE TOMARO
Phone
2164693409
Tax Period
2023-01-01 to 2023-12-31

CHAGRIN VALLEY JAYCEES CHARITABLE FOUNDATION, founded in 2004, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $248K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $165K, a strong 67% operating margin.

Mission

TO DEVELOP ORGANIZED PHILANTHROPY THAT WILL SUPPORT COMMUNITY-BASED SERVICES WITH THE PURPOSE OF IMPROVING THE QUALITY OF LIFE IN NORTHEASTERN OHIO. OUR GOAL IS TO IDENTIFY INVESTMENT OPPORTUNITIES THAT WILL PROVIDE THE GREATEST RETURN THEREBY INCREASING THE AMOUNT OF CHARITABLE DOLLARS AVAILABLE FOR ALLOCATION. THE CVJCF WILL PERFORM AS A PRUDENT MANAGER OF DIRECTLY SOLICITED CHARITABLE GIFTS AND BEQUESTS AND DEVELOP INVESTMENT STRATEGIES THAT DEMONSTRATE ETHICAL AND RESPONSIBLE LEADERSHIP. IT IS OUR BELIEF THAT BY CREATING AN ENVIRONMENT THAT PROVIDES CHARITABLE GIVING OPTIONS COUPLED WITH TEAMWORK, OPEN COMMUNICATION AND PERSONAL ACCOUNTABILITY, THE CVJCF WILL ENSURE THE GROWTH AND PROSPERITY OF ALL THOSE WE 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 $194,266
Program Service Revenue $0
Investment Income $15,714
Other Revenue $38,048
TOTAL REVENUE $248,028

Expense Breakdown

Grants Paid $12,950
Salaries & Benefits $0
Fundraising Expenses $6,330
Program Expenses $55,403
Other Expenses $70,111
TOTAL EXPENSES $83,061

Year-over-Year Comparison

2023 2022 Change
Revenue $248,028 $161,631 +0.5%
Expenses $83,061 $141,697 -0.4%
Net Income $164,967 $19,934 +7.3%
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

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
259

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
7
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF POPRIK DIRECTOR 1.00
Director
$0 $0 $0
RYAN CARUSO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ZACH SIPOS SECRETARY 1.00
Officer Director
$0 $0 $0
MIKE TOMARO PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS DEAN JAN-JUL DIRECTOR 1.00
Director
$0 $0 $0
GABE FRANKLIN DIRECTOR 1.00
Director
$0 $0 $0
JASON ZUBAR DIRECTOR 1.00
Director
$0 $0 $0
CLAYTON PAPENFUS SERGEANT AT ARMS 1.00
Officer Director
$0 $0 $0
KYLE DILLON JAN-JUL DIRECTOR 1.00
Director
$0 $0 $0
KURT HARTUP DIRECTOR 1.00
Director
$0 $0 $0
TOMMY SNAVELY DIRECTOR 1.00
Director
$0 $0 $0
JAMES ALTHANS JAN-JUL DIRECTOR 1.00
Director
$0 $0 $0
FRANK GAGLIARDI JAN-JUL DIRECTOR 1.00
Director
$0 $0 $0
JOHN LIBER JAN-JUL FORMER PRESIDENT 1.00
Officer Director
$0 $0 $0
MATT MICHALEK INVESTMENT COMMITTEE CHAIR 1.00
Officer Director
$0 $0 $0
CONNAR PACKARD DIRECTOR 1.00
Director
$0 $0 $0
GEORGE STEWART DIRECTOR 1.00
Director
$0 $0 $0
JIM FLAIZ DIRECTOR 1.00
Director
$0 $0 $0
BJ KOVAL AUG-DEC TREASURER 1.00
Officer Director
$0 $0 $0
DAN SPRENGER AUG-DEC DIRECTOR 1.00
Director
$0 $0 $0
MATT NELSON AUG-DEC DIRECTOR 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
2024 No data No data No data No data
2023 $248,028 $83,061 $484,832 $164,967
2022 $161,631 $141,697 $322,332 $19,934
2021 $225,675 $63,774 $301,717 $161,901
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