DIRECTION HOME AKRON CANTON AREA AGENCY ON AGING (EIN 341314654) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

ABIGAIL M MORGAN

Phone

8004217277

Tax Period

2024-07-01 to 2025-06-30

DIRECTION HOME AKRON CANTON AREA AGENCY ON AGING, founded in 1980, is a major nonprofit in the Human Services sector that reported $100.4M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

WE PROVIDE CHOICES FOR PEOPLE TO LIVE INDEPENDENTLY IN THE PLACE THEY WANT TO CALL HOME.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,152,113

Program Service Revenue $18,631,178

Investment Income $582,454

Other Revenue $0

TOTAL REVENUE $100,365,745

Expense Breakdown

Grants Paid $57,002,909

Salaries & Benefits $33,751,110

Fundraising Expenses $0

Program Expenses $92,620,482

Other Expenses $6,835,343

TOTAL EXPENSES $97,589,362

Year-over-Year Comparison

	2024	2023	Change
Revenue	$100,365,745	$80,021,370	+0.3%
Expenses	$97,589,362	$78,804,169	+0.2%
Net Income	$2,776,383	$1,217,201	+1.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

288

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

$1,073,587

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID B REYNOLDS MD	CHAIRMAN	0.50	Director	$0	$0	$0
CHARLES L GREENE	VICE CHAIRMAN	0.50	Director	$0	$0	$0
JAMES MASI	VICE CHAIRMAN	0.50	Director	$0	$0	$0
FRAN D RICE	DIRECTOR	0.50	Director	$0	$0	$0
JULIA T DIFRANCESCO	TREASURER	0.50	Director	$0	$0	$0
JACK T DIAMOND	SECRETARY	0.50	Director	$0	$0	$0
PAMELA S BANCHY	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN COLECCHI	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER DROST DO	CHIEF MEDICAL OFFICER	0.50	Director	$0	$0	$0
IRIS E HARVEY	DIRECTOR	0.50	Director	$0	$0	$0
TOM KEATHLEY	DIRECTOR	0.50	Director	$0	$0	$0
DEBORAH RUTHERFORD	VICE CHAIRMAN	0.50	Director	$0	$0	$0
HARVEY L STERNS PHD	DIRECTOR	0.50	Director	$0	$0	$0
KAREN L TALBOTT	DIRECTOR	0.50	Director	$0	$0	$0
LORRIE A WARREN	DIRECTOR	0.50	Director	$0	$0	$0
CHARLES R VIGNOS	DIRECTOR	0.50	Director	$0	$0	$0
LEE S WALKO	FOUNDATION BOARD CHAIR	0.50	Director	$0	$0	$0
JULIE M AULTMAN PHD	DIRECTOR	0.50	Director	$0	$0	$0
HORACE HIGHLAND SR	DIRECTOR	0.50	Director	$0	$0	$0
JODI EDMUNDS	DIRECTOR	0.50	Director	$0	$0	$0
JEANNIE FLOSSIE	DIRECTOR	0.50	Director	$0	$0	$0
ABIGAIL M MORGAN	PRESIDENT & CHIEF EXECUTIVE OFFICER	40.00	Officer	$348,445	$46,144	$394,589
REBECCA NEWMAN	CHIEF FINANCIAL OFFICER	40.00	Officer	$294,983	$40,065	$335,048
LJUDMILA BURCHFIELD	CHIEF OPERATING & LEGAL OFFICER	40.00	Officer	$275,233	$68,717	$343,950
SAMUEL J MCCOY	SENIOR VP ELDER RIGHTS	40.00	Highest	$234,182	$69,668	$303,850
MATTHEW L REED	SENIOR VP COMMUNICATIONS &	40.00	Highest	$223,891	$74,047	$297,938
CHRIS FAGERSTROM	SENIOR VP OF HOME & COMMUN	40.00	Highest	$228,767	$69,601	$298,368
TRACEY M NAUER	VP OF HOME & COMMUNITY BAS	40.00	Highest	$179,889	$46,426	$226,315
BRANDI L CHRZANOWSKI	VP OF STRATEGIC PLANNING & PERFORMANCE IMPROVEMENT	40.00	Highest	$158,643	$42,598	$201,241
GARY L COOK	FORMER PRESIDENT & CEO (RETIRED 5/22/24)	40.00		$218,277	$46,829	$265,106

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	$100,365,745	$97,589,362	$32,258,306	$2,776,383
2024	No data	No data	No data	No data
2023	$63,181,207	$63,450,121	$17,910,222	$-268,914
2022	$61,451,318	$61,539,697	$15,586,581	$-88,379
2021	$58,977,565	$57,972,559	$20,335,083	$1,005,006
2021	$58,977,565	$57,972,559	$20,335,083	$1,005,006
2020	$57,649,204	$57,342,192	$19,174,109	$307,012
2019	$56,821,759	$68,175,034	$13,362,725	$-11,353,275

DIRECTION HOME AKRON CANTON AREA AGENCY ON AGING