MIDTOWN CLEVELAND INC (EIN 341381334) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

PAUL DEUTSCH

Phone

2163915080

Tax Period

2024-01-01 to 2024-12-31

MIDTOWN CLEVELAND INC, founded in 1982, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2024.

Mission

MIDTOWN CLEVELAND, INC. LEVERAGES ITS DIVERSE ASSETS TO (CONTINUED ON SCHEDULE O)CREATE A DYNAMIC NEIGHBORHOOD THAT UNITES CLEVELAND'S DOWNTOWN AND INNOVATION DISTRICTS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,490,555

Program Service Revenue $0

Investment Income $22,113

Other Revenue $8,190

TOTAL REVENUE $1,520,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $902,754

Fundraising Expenses $112,750

Program Expenses $1,193,952

Other Expenses $709,797

TOTAL EXPENSES $1,612,551

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,520,858	$1,552,530	0.0%
Expenses	$1,612,551	$1,681,652	0.0%
Net Income	$-91,693	$-129,122	-0.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$124,962

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIKA ANTHONY	MEMBER	2.00	Director	$0	$0	$0
BOB BROWN	MEMBER	2.00	Director	$0	$0	$0
MARIA CAMPANELLI	MEMBER	2.00	Director	$0	$0	$0
MICHELE CRAWFORD	COMMUNITY CONNECTIONS CO-CHAIR	2.00	Officer Director	$0	$0	$0
BRENDEN DALZELL	MEMBER	2.00	Director	$0	$0	$0
PAUL DEUTSCH	ECONOMIC DEVELOPMENT CHAIR	2.00	Officer Director	$0	$0	$0
DAN FASHIMPAUR	EMERITUS CHAIR	2.00	Officer Director	$0	$0	$0
PAUL FEDERICO	MEMBER	2.00	Director	$0	$0	$0
MATT FITZSIMMONS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
PAM GILL	SECRETARY/GOVERNANCE CHAIR	2.00	Officer Director	$0	$0	$0
JORDAN JAVIER	MEMBER	2.00	Director	$0	$0	$0
STEPHANIE MCHENRY	MEMBER	2.00	Director	$0	$0	$0
CANDICE MILLER	MEMBER	2.00	Director	$0	$0	$0
CHINEMEREM ONYEUKWU	MEMBER	2.00	Director	$0	$0	$0
LISSY RAND	MEMBER	2.00	Director	$0	$0	$0
JULIE REHM	MEMBER	2.00	Director	$0	$0	$0
JULIAN ROGERS	COMMUNITY CONNECTIONS CO-CHAIR	2.00	Officer Director	$0	$0	$0
AARON SALTZMAN	TREASURER/FINANCE CHAIR	2.00	Officer Director	$0	$0	$0
DEBBIE SIBILA	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ELAINE TSO	MEMBER	2.00	Director	$0	$0	$0
MICHAEL WHITE	MEMBER	2.00	Director	$0	$0	$0
ASHLEY SHAW	EXECUTIVE DIRECTOR	40.00	Officer	$124,962	$0	$124,962

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	$1,520,858	$1,612,551	$4,049,297	$-91,693
2023	$1,552,530	$1,681,652	$3,882,669	$-129,122
2022	$1,800,353	$1,771,209	$3,862,976	$29,144
2021	$2,038,574	$1,947,377	$3,898,788	$91,197
2020	$1,415,860	$1,246,670	$3,323,137	$169,190
2019	$1,500,418	$1,856,399	$2,708,387	$-355,981
2018	$1,682,107	$920,502	$2,894,493	$761,605

MIDTOWN CLEVELAND INC