COMMUNITY FOUNDATION OF LORAIN COUNTY (EIN 341322781) - 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

CYNTHIA H ANDREWS

Phone

4409847390

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

THE COMMUNITY FOUNDATION CONNECTS PEOPLE WHO CARE WITH CAUSES THAT MATTER.

🔒

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 $3,397,531

Program Service Revenue $0

Investment Income $4,008,292

Other Revenue $200,375

TOTAL REVENUE $7,606,198

Expense Breakdown

Grants Paid $5,480,724

Salaries & Benefits $1,231,958

Fundraising Expenses $591,524

Program Expenses $6,163,149

Other Expenses $1,249,466

TOTAL EXPENSES $7,962,148

Year-over-Year Comparison

	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%

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

Volunteers

100

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

$368,252

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

COMMUNITY FOUNDATION OF LORAIN COUNTY