THE PHILOMATHEON SOCIETY OF THE BLIND OF CANTON OHIO INC (EIN 340733176) - Form 990 Financial Analysis & Trantor Score

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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

1953

Legal Domicile

Principal Officer

DENISE DESSECKER

Phone

3304539157

Tax Period

2025-01-01 to 2025-12-31

THE PHILOMATHEON SOCIETY OF THE BLIND OF CANTON OHIO INC, founded in 1953, is a micro nonprofit that reported $98K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $121K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROMOTE THE WELFARE OF THE BLIND OF STARK COUNTY, OHIO.

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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 (2025)

Revenue Breakdown

Contributions & Grants $96,516

Program Service Revenue $563

Investment Income $29

Other Revenue $841

TOTAL REVENUE $97,949

Expense Breakdown

Grants Paid $50

Salaries & Benefits $31,751

Fundraising Expenses $0

Program Expenses $96,163

Other Expenses $89,229

TOTAL EXPENSES $121,030

Year-over-Year Comparison

	2025	2024	Change
Revenue	$97,949	$88,775	+0.1%
Expenses	$121,030	$117,427	+0.0%
Net Income	$-23,081	$-28,652	-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

Governance

Voting Members

Independent Members

Employees

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

$10,097

Total Directors

$10,097

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE DESSECKER	PRESIDENT	20.00	Officer Director	$10,097	$0	$10,097
ERIN BYRNE	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS KUESTNER	TREASURER	1.00	Officer Director	$0	$0	$0
JACK BARKEN	TRUSTEE	1.00	Director	$0	$0	$0
SARAH HAWKE	TRUSTEE	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	$97,949	$121,030	$2,977,348	$-23,081
2024	$88,775	$117,427	$1,280,259	$-28,652
2023	$84,796	$101,612	$1,308,991	$-16,816
2022	$85,433	$120,092	$1,325,734	$-34,659
2021	$84,995	$85,508	$1,360,334	$-513
2020	$91,498	$100,807	$1,360,949	$-9,309
2019	$117,502	$137,206	$1,370,752	$-19,704
2018	$104,753	$130,311	$1,385,841	$-25,558

THE PHILOMATHEON SOCIETY OF THE BLIND OF CANTON OHIO INC