THE JOSEPH S AND JEANETTE M SILBER FOUNDATION

EIN: 341363915 501(c)(3)

CLEVELAND, OH

Total Revenue
$186,452
Total Expenses
$267,129
Total Assets
$5,100,640
Net Assets
$5,100,640
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
OH
Principal Officer
GERALD A BECKER
Phone
2168617068
Tax Period
2024-01-01 to 2024-12-31

THE JOSEPH S AND JEANETTE M SILBER FOUNDATION, founded in 1981, is a small nonprofit that reported $186K in total revenue in fiscal year 2024. Expenses of $267K exceeded revenue, resulting in a 43% operating deficit.

Mission

GRANTS ARE MADE IN ACCORDANCE WITH THE ARTICLES OF INCORPORATION DATED DECEMBER 21, 1981, AS AMENDED. SUCH ARTICLES WERE AMENDED AND RESTATED PURSUANT TO OHIO REVISED CODE SECTION 1702.38(D) AS OF JULY 30, 2014. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES BY CONDUCTING OR SUPPORTING ACTIVITIES RELATED TO THE JOSEPH S. & JEANNETTE M. SILBER HOPE LODGE THAT ARE FOR THE BENEFIT OF, PERFORM THE FUNCTIONS OF, OR CARRY OUT THE CHARITABLE PURPOSES OF THE AMERICAN CANCER SOCIETY.

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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 $4,485
Program Service Revenue $0
Investment Income $181,967
Other Revenue $0
TOTAL REVENUE $186,452

Expense Breakdown

Grants Paid $240,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $240,000
Other Expenses $27,129
TOTAL EXPENSES $267,129

Year-over-Year Comparison

2024 2023 Change
Revenue $186,452 $189,410 0.0%
Expenses $267,129 $227,233 +0.2%
Net Income $-80,677 $-37,823 +1.1%
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

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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
8
Independent Members
5
Employees
N/A
Volunteers
8

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALD A BECKER PRESIDENT, TRUSTEE 0.00
Officer Director
$0 $0 $0
JON CATANESE VICE-PRESIDENT, TRUSTEE 0.00
Officer Director
$0 $0 $0
NANCY ELLIS MCCLENAGHAN TREASURER, TRUSTEE 0.00
Officer Director
$0 $0 $0
LUCAS WITTERS SECRETARY, TRUSTEE 0.00
Officer Director
$0 $0 $0
MICHAEL MOSES TRUSTEE 0.00
Director
$0 $0 $0
KIMBERLY E EPLEY PHD TRUSTEE 0.00
Director
$0 $0 $0
CARA STOCK TRUSTEE 0.00
Director
$0 $0 $0
RICHARD CREPAGE EDD TRUSTEE 0.00
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 $186,452 $267,129 $5,100,640 $-80,677
2023 $189,410 $227,233 $5,180,412 $-37,823
2022 $714,299 $226,407 $5,218,235 $487,892
2021 $779,638 $225,915 $4,730,326 $553,723
2020 $-25,064 $225,887 $4,176,603 $-250,951
2019 $721,139 $225,372 $4,427,554 $495,767
2018 $104,103 $200,086 $3,931,787 $-95,983
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