ARDMORE INC

EIN: 341218433 501(c)(3)

AKRON, OH

Total Revenue
$8,198,159
Total Expenses
$7,666,026
Total Assets
$7,247,317
Net Assets
$5,956,726
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
OH
Principal Officer
YVETTE DIAZ
Phone
3305352601
Tax Period
2024-01-01 to 2024-12-31

ARDMORE INC, founded in 1980, is a community nonprofit that reported $8.2M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $7.7M left a modest 6% surplus.

Mission

THE PURPOSE OF ARDMORE, INC. IS TO PROVIDE AN INNOVATIVE ARRAY OF SERVICES AND SUPPORTS FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES THAT ENHANCE THEIR QUALITY OF LIFE, PROMOTE COMMUNITY INCLUSION AND ACCEPTANCE, AND FOSTER EACH INDIVIDUAL'S UNIQUE ABILITY TO GROW, LEARN, AND CONTRIBUTE TO OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $4,828,070 Revenue: $484,355

RESIDENTIAL PROGRAM PROVIDES DAILY SUPERVISION BY THE ARDMORE STAFF TO 51 INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.

Program 2
Expenses: $784,561 Revenue: $78,708

FOSTER CARE AND COMMUNITY SERVICES PROGRAM PERMITS DEVELOPMENTALLY DISABLED INDIVIDUALS TO LIVE AS INDEPENDENTLY AS POSSIBLE, RECEIVING SERVICES AS DETERMINED BY EACH INDIVIDUAL'S SPECIFIC NEEDS. THE...

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FOSTER CARE AND COMMUNITY SERVICES PROGRAM PERMITS DEVELOPMENTALLY DISABLED INDIVIDUALS TO LIVE AS INDEPENDENTLY AS POSSIBLE, RECEIVING SERVICES AS DETERMINED BY EACH INDIVIDUAL'S SPECIFIC NEEDS. THE PROGRAM SERVED 65 INDIVIDUALS.

Program 3
Expenses: $422,456 Revenue: $42,381

DAY HABILITATION PROGRAM SUPPORTS FOCUS ON NON-WORK ACTIVITIES THAT INCLUDE ASSESSMENT, PERSONAL CARE DEVELOPMENT, SKILL REINFORCEMENT, TRAINING IN SELF-DETERMINATION, RECREATION AND LEISURE. THE...

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DAY HABILITATION PROGRAM SUPPORTS FOCUS ON NON-WORK ACTIVITIES THAT INCLUDE ASSESSMENT, PERSONAL CARE DEVELOPMENT, SKILL REINFORCEMENT, TRAINING IN SELF-DETERMINATION, RECREATION AND LEISURE. THE PROGRAM SERVED 27 INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,429,340
Program Service Revenue $605,444
Investment Income $163,375
Other Revenue $0
TOTAL REVENUE $8,198,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,248,982
Fundraising Expenses $0
Program Expenses $6,035,087
Other Expenses $1,417,044
TOTAL EXPENSES $7,666,026

Year-over-Year Comparison

2024 2023 Change
Revenue $8,198,159 $6,644,446 +0.2%
Expenses $7,666,026 $6,820,899 +0.1%
Net Income $532,133 $-176,453 -4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
201
Volunteers
12

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
6
$224,246
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ETHAN MCPEAKE DIRECTOR 1.00
Director
$0 $0 $0
JIM PACHELL TREASURER 1.00
Officer Director
$0 $0 $0
JEFF STURMI DIRECTOR 1.00
Director
$0 $0 $0
JAMES KARPAWICH PHD DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA WAICKMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
DEBORAH GROSE SECRETARY 1.00
Officer Director
$0 $0 $0
BRITTANY SCHMOEKEL DIRECTOR 1.00
Director
$0 $0 $0
CLAUDIA HOSKINS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN BALLARD DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
ROY KRALL DIRECTOR 1.00
Director
$0 $0 $0
NICOLE J HUNKA PHD DIRECTOR 1.00
Director
$0 $0 $0
YVETTE DIAZ EXECUTIVE DIRECTOR 40.00
Officer
$112,422 $6,566 $118,988
FRED STRELBICKI DIRECTOR OF FINANCE 40.00
Officer
$97,789 $7,469 $105,258
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 $8,198,159 $7,666,026 $7,247,317 $532,133
2023 $6,644,446 $6,820,899 $6,175,388 $-176,453
2022 $6,376,695 $6,209,261 $6,321,356 $167,434
2021 $7,644,121 $6,277,684 $5,834,201 $1,366,437
2020 $7,414,885 $6,599,462 $5,272,165 $815,423
2019 $6,362,443 $5,970,265 $3,688,163 $392,178
2018 $6,148,272 $6,046,326 $3,200,354 $101,946
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