STUDENT LOAN FOUNDATION OF NORTH CANTON

EIN: 341039308 501(c)(3) Education

CANTON, OH

Total Revenue
$19,001
Total Expenses
$1,312,399
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
OH
Principal Officer
BRENT FATZINGER
Phone
3304940588
Tax Period
2025-01-01 to 2025-10-31

STUDENT LOAN FOUNDATION OF NORTH CANTON, founded in 1963, is a micro nonprofit in the Education sector that reported $19K in total revenue in fiscal year 2025. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 6807% operating deficit.

Mission

TO PROVIDE STUDENT LOANS TO RESIDENTS OF THE NORTH CANTON CITY SCHOOL DISTRICT FOR USE IN FURTHERING THEIR EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $1,294,399 Revenue: $19,001

THE CANTON STUDENT LOAN FOUNDATION TOOK OVER DISTRIBUTION OF THE STUDENT LOANS FOR THE STUDENTS OF THE NORTH CANTON CITY SCHOOLS. A GRANT DISTRIBUTION WAS MADE TO THE THE CANTON STUDENT LOAN...

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THE CANTON STUDENT LOAN FOUNDATION TOOK OVER DISTRIBUTION OF THE STUDENT LOANS FOR THE STUDENTS OF THE NORTH CANTON CITY SCHOOLS. A GRANT DISTRIBUTION WAS MADE TO THE THE CANTON STUDENT LOAN FOUNDATION TO COVER THOSE 2025 STUDENT LOANS. A TOTAL OF 63 LOANS IN THE AMOUNT OF $296,250 WERE DISTRIBUTED BY THE CANTON STUDENT LOAN FOUNDATION TO NORTH CANTON LOAN BORROWERS BETWEEN JANUARY 1, 2025 AND AUGUST 31, 2025.ALL OUTSTANDING RECEIVABLES AND REMAINING CASH WERE TRANSFERRED TO THE CANTON STUDENT LOAN FOUNDATION AS OF AUGUST 31, 2025.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $19,001
Other Revenue $0
TOTAL REVENUE $19,001

Expense Breakdown

Grants Paid $1,285,269
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,294,399
Other Expenses $27,130
TOTAL EXPENSES $1,312,399

Year-over-Year Comparison

2025 2024 Change
Revenue $19,001 $34,744 -0.5%
Expenses $1,312,399 $92,473 +13.2%
Net Income $-1,293,398 $-57,729 +21.4%
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
10
Independent Members
10
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORDAN GREENWALD PRESIDENT 2.00
Officer Director
$0 $0 $0
ANDREA ZIARKO VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
TODD LEPAGE TREASURER 2.00
Officer Director
$0 $0 $0
BRENT FATZINGER SECRETARY 2.00
Officer Director
$0 $0 $0
JOHN ARNOLD TRUSTEE 1.00
Director
$0 $0 $0
GRETCHEN LECKIE-EWING TRUSTEE 1.00
Director
$0 $0 $0
TAMIE EYNON TRUSTEE 1.00
Director
$0 $0 $0
EMILY LEVITT IERO TRUSTEE 1.00
Director
$0 $0 $0
ANDY SCHILTZ TRUSTEE 1.00
Director
$0 $0 $0
SCOTT WARBURTON 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 $19,001 $1,312,399 No data $-1,293,398
2024 $34,744 $92,473 $1,438,739 $-57,729
2023 $69,820 $87,619 $2,564,069 $-17,799
2022 $36,720 $19,619 $2,619,219 $17,101
2021 $34,301 $22,191 $2,602,118 $12,110
2020 $135,912 $18,100 $2,590,008 $117,812
2019 $23,617 $20,988 $2,472,196 $2,629
2018 $98,813 $13,490 $2,469,567 $85,323
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