ELYRIA, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LORAIN COUNTY OFFICE ON AGING, founded in 1973, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum.
TO PRESERVE AND ENHANCE THE WELL BEING OF LORAIN COUNTYS OLDER ADULTS AND ADULTS WITH SPECIAL NEEDS BY PROMOTING THEIR INDEPENDENCE AND COMMUNITY AWARENESS AND BY UTILIZING
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,345,330 | $1,422,395 | +0.6% |
| Expenses | $2,369,610 | $1,307,193 | +0.8% |
| Net Income | $-24,280 | $115,202 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KATHY BURNS | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH SHELDON | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAUREEN DOCKRILL | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| MARY LOU GOLSKI | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| PAUL FORTHOFER | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| DOUGLAS VENTLING | VICE PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT HOHLER | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| DONALD SCHIFFBAUER | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICOLLE BELLMORE PIERSE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$75,000 | $0 | $75,000 |
| LINDA JEFFRIES | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| MEGAN KINDER | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| NEIL SPIKE | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| ERIN POPLAR | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| CHARLITA ANDERSON-WHITE | SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDRA NIEVES | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,345,330 | $2,369,610 | $1,305,763 | $-24,280 |
| 2023 | $1,422,395 | $1,307,193 | $1,165,190 | $115,202 |
| 2022 | $1,229,957 | $1,155,187 | $921,984 | $74,770 |
| 2021 | $1,076,006 | $920,378 | $658,653 | $155,628 |
Compare LORAIN COUNTY OFFICE ON AGING with other nonprofits in Ohio and across the country.