ELYRIA, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COMMUNITY FOUNDATION OF LORAIN COUNTY, founded in 1980, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.6M in total revenue in fiscal year 2024. Net assets of $146.8M represent 232 months of operating reserves.
THE COMMUNITY FOUNDATION RESPONDS TO THE CHANGING NEEDS OF THE COMMUNITY BY MAKING GRANTS TO LOCAL NONPROFIT ORGANIZATIONS, AWARDING SCHOLARSHIPS TO HELP LOCAL STUDENTS, WORKING TOGETHER WITH DONORS TO BUILD COMMUNITY ENDOWMENT AND PROVIDING LEADERSHIP ON KEY COMMUNITY ISSUES.
THE COMMUNITY FOUNDATION IS A GRANTMAKING ORGANIZATION. APPROXIMATELY ONE-THIRD OF THE GRANTS AUTHORIZED IN 2024 WERE DIRECTED BY THE BOARD TOWARD STRATEGIC INITIATIVES AND COMMUNITY RESPONSIVE...
THE COMMUNITY FOUNDATION IS A GRANTMAKING ORGANIZATION. APPROXIMATELY ONE-THIRD OF THE GRANTS AUTHORIZED IN 2024 WERE DIRECTED BY THE BOARD TOWARD STRATEGIC INITIATIVES AND COMMUNITY RESPONSIVE REQUESTS THAT ADDRESS VITAL COMMUNITY NEEDS IN LORAIN COUNTY AND TO RESPOND TO EMERGING OPPORTUNITIES IN A WIDE RANGE OF CHARITABLE ORGANIZATIONS IN LORAIN COUNTY. GRANTS AWARDED THROUGH A COMPETITIVE PROCESS IN 2024 SUPPORTED PROGRAMS ACROSS A DIVERSE IMPACT AREA, SUCH AS ANIMALS AND ENVIRONMENT, ARTS AND CULTURE, EDUCATION, HEALTH, HUMAN SERVICES, AND PUBLIC BENEFIT. THE REMAINING GRANTS AUTHORIZED IN 2024 WERE AS DESIGNATED TO THE COMMUNITY FOUNDATION FROM DESIGNATED, DONOR ADVISED OR AGENCY FUNDS.
OVER 190 SCHOLARSHIPS FOR EDUCATION BEYOND HIGH SCHOOL WERE AWARDED TO STUDENTS AS DIVERSE AS THE DONORS WHO CREATED THE SCHOLARSHIP FUNDS. IN 2024, SCHOLARSHIPS WERE AWARDED FOR TECH PROGRAMS...
OVER 190 SCHOLARSHIPS FOR EDUCATION BEYOND HIGH SCHOOL WERE AWARDED TO STUDENTS AS DIVERSE AS THE DONORS WHO CREATED THE SCHOLARSHIP FUNDS. IN 2024, SCHOLARSHIPS WERE AWARDED FOR TECH PROGRAMS, CREATIVE WRITING, JOURNALISM, MEDICAL PROGRAMS, AND MANY OTHER ADVANCED LEARNING PURSUITS.
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 | $7,606,198 | $7,945,858 | 0.0% |
| Expenses | $7,962,148 | $8,320,617 | 0.0% |
| Net Income | $-355,950 | $-374,759 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| CHARLITA ANDERSON-WHITE | CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ISABELLA BARB | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE BELARDO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH BOSELA-BULLOCK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BURKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| VERONICA GILBERT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MARIA GREGA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL GREGORY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PREETHI TINA KISHMAN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AG MILLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIONNA MCINTOSH-PHARMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JACOB MORRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JUDITH RECKNAGEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DONNA RIVERA-WELLS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK ROSS | VICE CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANN SCHLOSS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL SHEBAK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KANDIS TAYLOR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EILEEN TORRES | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAGGIE ELLIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA H ANDREWS | PRESIDENT & CEO | 50.00 |
Officer
|
$184,487 | $34,153 | $218,640 |
| JAMES A STOBE | CFO | 50.00 |
Officer
|
$132,610 | $17,002 | $149,612 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $7,606,198 | $7,962,148 | $167,885,452 | $-355,950 |
| 2023 | $7,945,858 | $8,320,617 | $155,503,428 | $-374,759 |
| 2022 | $4,276,372 | $8,387,928 | $140,093,745 | $-4,111,556 |
| 2021 | $27,165,624 | $8,345,790 | $163,012,004 | $18,819,834 |
| 2020 | $9,715,594 | $7,592,855 | $155,684,626 | $2,122,739 |
| 2019 | $6,342,538 | $7,396,799 | $145,554,113 | $-1,054,261 |
| 2018 | $11,119,527 | $6,749,658 | $128,611,463 | $4,369,869 |
Compare COMMUNITY FOUNDATION OF LORAIN COUNTY with other nonprofits in Ohio and across the country.