BLANCHARD VALLEY HEALTH FOUNDATION

EIN: 341370522 501(c)(3) Housing & Shelter

FINDLAY, OH

Total Revenue
$13,972,274
Total Expenses
$3,416,926
Total Assets
$38,726,492
Net Assets
$26,003,492
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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
Phone
4194234500
Tax Period
2024-01-01 to 2024-12-31

BLANCHARD VALLEY HEALTH FOUNDATION, founded in 1982, is a mid-sized nonprofit in the Housing & Shelter sector that reported $14.0M in total revenue in fiscal year 2024. Revenue surged 457% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.6M, a strong 76% operating margin.

Mission

BLANCHARD VALLEY HEALTH FOUNDATION DEVELOPS RELATIONSHIPS THAT RESULT IN PHILANTHROPIC GIVING TO BENEFIT THE HEALTH OF THOSE SERVED BY BLANCHARD VALLEY HEALTH SYSTEM.

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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 $12,772,054
Program Service Revenue $0
Investment Income $1,224,000
Other Revenue $-23,780
TOTAL REVENUE $13,972,274

Expense Breakdown

Grants Paid $1,741,000
Salaries & Benefits $494,195
Fundraising Expenses $1,436,876
Program Expenses $1,741,000
Other Expenses $1,181,731
TOTAL EXPENSES $3,416,926

Year-over-Year Comparison

2024 2023 Change
Revenue $13,972,274 $2,507,515 +4.6%
Expenses $3,416,926 $2,399,821 +0.4%
Net Income $10,555,348 $107,694 +97.0%
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
16
Independent Members
13
Employees
N/A
Volunteers
2

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
6
$1,886,538
Total Directors
16
$1,621,529
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN QUAID VICE CHAIR 1.0
Officer Director
$0 $0 $0
Karen A George Chief Development Officer 40.0
Officer Director
$129,474 $7,139 $136,613
Myron Lewis Chief Executive Officer 2.0
Officer Director
$0 $30,737 $1,137,148
roger miller SECRETARY 1.0
Officer Director
$0 $0 $0
sarah palmer TREASURER 1.0
Officer Director
$0 $0 $0
AMBER PATTERSON MD TRUSTEE 1.0
Director
$0 $0 $0
AMY BALLINGER Trustee 0.5
Director
$0 $0 $0
ANNA SCHROEDER TRUSTEE 1.0
Director
$0 $0 $0
DR Richard M Polder TRUSTEE 0.5
Director
$0 $25,727 $347,768
EMIL ZIEGLER MD TRUSTEE 1.0
Director
$0 $0 $0
FRED RODABAUGH TRUSTEE 1.0
Director
$0 $0 $0
JOHN REINEKE Trustee 0.5
Director
$0 $0 $0
KAREN JONES Trustee 0.5
Director
$0 $0 $0
KATIE PETERKOSKI TRUSTEE 1.0
Director
$0 $0 $0
PAUL SCHMELZER TRUSTEE 1.0
Director
$0 $0 $0
PETE SUTER TRUSTEE 1.0
Director
$0 $0 $0
Dave M Cytlak CHIEF FINANCIAL OFFICER 12.0
Officer
$0 $27,651 $612,777
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 $13,972,274 $3,416,926 $38,726,492 $10,555,348
2023 $2,507,515 $2,400,271 $27,771,197 $107,244
2022 $4,154,361 $2,435,936 $26,015,329 $1,718,425
2021 $3,562,182 $2,446,860 $26,472,873 $1,115,322
2020 $2,910,221 $1,993,188 $24,287,066 $917,033
2019 $3,272,657 $2,488,937 $22,019,200 $783,720
2018 $3,701,189 $2,084,207 $19,422,426 $1,616,982
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