AKRON, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION, founded in 1982, is a community nonprofit in the Housing & Shelter sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 16% operating deficit.
EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION (EANDC)IMPROVES COMMUNITIES BY PROVIDING QUALITY AFFORDABLE HOUSING, COMPREHENSIVE HOMEOWNERSHIP SERVICES AND ECONOMIC DEVELOPMENT OPPORTUNITIES.
ENERGY SERVICES.ENERGY SERVICES EANDC PROVIDES FOR THE ENERGY EFFICIENCY AND IMPROVEMENT OF EXISTING HOUSING IN THE AKRON AREA BY PROVIDING A VARIETY OF PROGRAMS TO ELIGIBLE HOUSEHOLDS SUCH AS...
ENERGY SERVICES.ENERGY SERVICES EANDC PROVIDES FOR THE ENERGY EFFICIENCY AND IMPROVEMENT OF EXISTING HOUSING IN THE AKRON AREA BY PROVIDING A VARIETY OF PROGRAMS TO ELIGIBLE HOUSEHOLDS SUCH AS EMERGENCY HOME REPAIR, HOUSEWARMING, AND THE ELECTRIC PARTNERSHIP PROGRAMS.
COMMUNITY BUILDING AND ENGAGEMENT. EANDC PROVIDES OUTREACH PROGRAMS AND EVENTS, UTILIZING OPEN DIALOGUE AND FOSTERING DIVERSE VOICES TO CONTRIBUTE TO SHAPING OUTCOMES, OFTEN IN COORDINATION WITH...
COMMUNITY BUILDING AND ENGAGEMENT. EANDC PROVIDES OUTREACH PROGRAMS AND EVENTS, UTILIZING OPEN DIALOGUE AND FOSTERING DIVERSE VOICES TO CONTRIBUTE TO SHAPING OUTCOMES, OFTEN IN COORDINATION WITH LOCAL INDIVIDUALS, STAKEHOLDERS, AND SERVICE AGENCIES, TO ENGAGE IN COMMUNITY DISCUSSIONS, DECISION-MAKING, AND ACTIVITIES THAT IMPACT THEIR COLLECTIVE WELL-BEING. THE AIM IS TO BUILD TRUST, FOSTER COLLABORATION, AND CREATE SOLUTIONS THAT BENEFIT THE COMMUNITY AND THE RESIDENTS OF THE NEIGHBORHOODS THAT EANDC SERVES. THE GOAL IS TO EMPOWER INDIVIDUALS AND GROUPS TO PLAY AN ACTIVE ROLE IN SHAPING THE DECISIONS AND ACTIONS THAT AFFECT THEIR COMMUNITIES AND WITH EANDC CREATING THESE CONNECTIONS, WORK TO DRIVE POSITIVE SOCIAL CHANGE, IMPROVE SERVICES, AND PROMOTE LONG-TERM SUSTAINABILITY WITHIN THE COMMUNITY.
AFFORDABLE HOUSING OPERATIONS. EANDC WAS ORGANIZED FOR THE PURPOSE OF ENHANCING THE COMMUNITY OF EAST AKRON AND OTHER COMMUNITIES PRIMARILY LOCATED IN SUMMIT AND STARK COUNTY OHIO WITH A SPECIAL...
AFFORDABLE HOUSING OPERATIONS. EANDC WAS ORGANIZED FOR THE PURPOSE OF ENHANCING THE COMMUNITY OF EAST AKRON AND OTHER COMMUNITIES PRIMARILY LOCATED IN SUMMIT AND STARK COUNTY OHIO WITH A SPECIAL EMPHASIS ON PROVIDING ECONOMIC DEVELOPMENT OPPORTUNITIES FOR LOW AND MODERATE-INCOME INDIVIDUALS AND FAMILIES.EANDC CURRENTLY MANAGES 360 SCATTERED SITE SINGLE FAMILY HOMES, TWO 40-UNIT SENIOR CITIZENS BULDINGS, A 6-UNIT AND 10-UNIT APARTMENT BUILDING, A 34-UNIT AND 50-UNIT MULTIFAMILY HOUSING PROJECT, A 25-UNIT TOWNHOME AND 6-UNIT APARTMENT BUILDING COMMUNITY, AND A 30-UNIT MULTIFAMILY TOWNHOME COMMUNITY IN AKRON, OHIO, WHICH ARE OWNED BY THE PROJECT ENTITIES.
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 | $3,123,202 | $6,136,803 | -0.5% |
| Expenses | $3,622,328 | $4,268,914 | -0.2% |
| Net Income | $-499,126 | $1,867,889 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| EMILY CROPPER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT DEJOUMETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON DODSON | LEGAL COUNSEL | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIN WOJNO DEMIRAY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TAMMARA HUMBERT | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
Director
|
$136,050 | $1,050 | $137,100 |
| KELLIE PARKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACEY LANIER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL KELLY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH GEORGE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL ROBERSON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN HICKEY | BOARD CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TODD DONLEY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAN DEVILLE | BOARD VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANA LAWLESS-ANDRIC | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YUVONNE WEBB | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDON ROBERTS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHERYL STEPHENS | PRESIDENT/CEO | 40.00 |
Officer
|
$199,266 | $12,768 | $212,034 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,123,202 | $3,622,328 | $39,050,737 | $-499,126 |
| 2023 | $6,136,803 | $4,268,914 | $37,078,289 | $1,867,889 |
| 2022 | $3,620,171 | $3,323,954 | $35,680,413 | $296,217 |
| 2021 | $4,723,818 | $3,521,950 | $35,988,464 | $1,201,868 |
| 2020 | $5,375,956 | $4,068,695 | $34,965,866 | $1,307,261 |
| 2019 | $3,808,248 | $3,375,660 | $30,759,957 | $432,588 |
| 2018 | $3,708,521 | $3,547,956 | $30,629,577 | $160,565 |
Compare EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION with other nonprofits in Ohio and across the country.