NORTHEAST SHORES DEVELOPMENT

EIN: 341361219 501(c)(3)

CLEVELAND, OH

Total Revenue
N/A
Total Expenses
$1,743,578
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
OH
Tax Period
2023-07-01 to 2024-06-30

Mission

THE MISSION OF NSDC IS TO CREATE A BETTERNORTH COLLINWOOD FOR EVERYONE TO LIVE, WORK AND VISIT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,743,578
Other Expenses $1,743,578
TOTAL EXPENSES $1,743,578

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $1,743,578 N/A N/A
Net Income N/A N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELVA BRODNICK SECRETARY 3.00
Officer Director
$0 $0 $0
CAROLINE PEAK PRESIDENT 10.00
Officer Director
$0 $0 $0
MICHELLE KENNEY TREASURER 10.00
Officer Director
$0 $0 $0
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 No data $1,743,578 No data No data
2023 No data $3,932 $1,765,509 No data
2021 $533,251 $257,149 $1,266,424 $276,102
2020 $116,182 $745,668 $2,984,369 $-629,486
2019 $254,469 $202,249 $3,916,788 $52,220
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