SYLVANIA AREA COMMUNITY IMPROVEMENT CORP (EIN 341025755) - 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

1968

Legal Domicile

Principal Officer

SHAWN MURPHY

Phone

4198428108

Tax Period

2024-01-01 to 2024-12-31

SYLVANIA AREA COMMUNITY IMPROVEMENT CORP, founded in 1968, is a micro nonprofit that reported $43K in total revenue in fiscal year 2024. Expenses of $40K left a modest 8% surplus.

Mission

THE COMMUNITY IMPROVEMENT CORPORATION WAS ESTABLISHED TO ATTRACT AND RETAIN BUSINESSES IN THE SYLVANIA, OHIO SCHOOL DISTRICT. THE CORPORATION ALSO FACILITATES THE DEVELOPMENT OF BUSINESS REAL ESTATE FOR THE LOCATION OF BUSINESSES IN THE SYLVANIA SCHOOL DISTRICT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $35,650

Program Service Revenue $0

Investment Income $7,486

Other Revenue $0

TOTAL REVENUE $43,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,524

Other Expenses $39,887

TOTAL EXPENSES $39,887

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,136	$43,001	+0.0%
Expenses	$39,887	$38,383	+0.0%
Net Income	$3,249	$4,618	-0.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MONAGHAN	TREASURER	1.00	Officer Director	$0	$0	$0
TIFFANY BOSCH	SECRETARY	2.00	Officer Director	$0	$0	$0
DARRELL WACHOVIAK	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIKA BURI	TRUSTEE	0.00	Director	$0	$0	$0
NEAL MAHONEY	TRUSTEE	0.00	Director	$0	$0	$0
CRAIG STOUGH	TRUSTEE	0.00	Director	$0	$0	$0
VERONICA MOTLEY	TRUSTEE	0.00	Director	$0	$0	$0
STEVE LEAMY	TRUSTEE	0.00	Director	$0	$0	$0
BILL SANFORD	TRUSTEE	1.00	Director	$0	$0	$0
MIKE MCMAHON	TRUSTEE	0.00	Director	$0	$0	$0
CHRIS MACINO	TRUSTEE	0.00	Director	$0	$0	$0
HILLARY LARGENT	TRUSTEE	0.00	Director	$0	$0	$0
JOHN KANTNER	TRUSTEE	0.00	Director	$0	$0	$0
OLIVER TURNER	TRUSTEE	1.00	Director	$0	$0	$0
COREY DEMING	TRUSTEE	0.00	Director	$0	$0	$0
SCOTT WILLS	TRUSTEE	0.00	Director	$0	$0	$0
SHAWN MURPHY	PRESIDENT	1.00	Officer 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	$43,136	$39,887	$677,370	$3,249
2023	$43,001	$38,383	$665,321	$4,618
2022	$48,243	$36,900	$651,703	$11,343
2021	$50,202	$45,075	$640,360	$5,127
2020	$47,548	$36,080	$643,506	$11,468
2019	$51,254	$45,638	$631,038	$5,616
2018	$49,094	$40,361	$628,597	$8,733

SYLVANIA AREA COMMUNITY IMPROVEMENT CORP