LORAIN, OH
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LORAIN HISTORICAL SOCIETY, founded in 1986, is a small nonprofit that reported $600K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $681K exceeded revenue, resulting in a 13% operating deficit.
LORAIN HISTORICAL SOCIETYS MISSION IS TO ENGAGE MEMBERS OF THE COMMUNITY AND OUR VISITORS IN OUR SHARED AND DIVERSE HISTORY THROUGH PRESERVATION, EDUCATION, AND COLLABORATION
THE ORGANIZATION COLLECTS ARTIFACTS ON THE HISTORY OF LORAIN, HAS 4,000 PAPER FILES ON EVENTS AND PEOPLE IN LORAIN AND HAS A COLLECTION OF OVER 7,000 HISTORICAL PHOTOGRAPHS. THE ORGANIZATION OPERATES...
THE ORGANIZATION COLLECTS ARTIFACTS ON THE HISTORY OF LORAIN, HAS 4,000 PAPER FILES ON EVENTS AND PEOPLE IN LORAIN AND HAS A COLLECTION OF OVER 7,000 HISTORICAL PHOTOGRAPHS. THE ORGANIZATION OPERATES THE MOORE HOUSE AS A COLLECTIONS FACILITY WITH TWO FLOORS BEING USED FOR COLLECTIONS AND STORAGE, AND THE FIRST FLOOR BEING USED FOR OFFICE AND PROGRAM SPACES. THE ORGANIZATION OWNS AND OPERATES THE CARNEGIE CENTER AS ITS PRIMARY EXHIBIT SPACE AND ADMINISTRATIVE OFFICES. NOT ONLY DOES THE LORAIN HISTORICAL SOCIETY HOLD EVENTS AT BOTH LOCATIONS FOR RESIDENTS OF THE COMMUNITY AND VISITORS TO THE CITY, BUT IT ALSO HAS REGULAR PROGRAMS AT VARIOUS LOCATIONS THROUGHOUT THE CITY OVER THE COURSE OF THE YEAR.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $599,727 | $507,163 | +0.2% |
| Expenses | $680,608 | $569,164 | +0.2% |
| Net Income | $-80,881 | $-62,001 | +0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CASSIE COX | VICE PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| ED BAKER | SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK BALLARD II | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARIA CARRION | VICE PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMIKA BONILLA | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| LAURA BOUSTANI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CARMEN LEIBAS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| RON COCCO | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVE JANOWICZ | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARGARET OBRIEN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SPENCER ROULE | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARAH STILGENBAUER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JESSIE TOWER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| BARB PISCOPO | EXECUTIVE DIRECTOR | 40.00 |
Key Emp
|
$75,000 | $0 | $75,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $599,727 | $680,608 | $2,874,378 | $-80,881 |
| 2022 | $507,163 | $569,164 | $2,786,757 | $-62,001 |
| 2021 | $559,871 | $506,268 | $3,091,223 | $53,603 |
| 2020 | $359,136 | $493,772 | $2,955,032 | $-134,636 |
| 2019 | $461,369 | $483,115 | $2,944,307 | $-21,746 |
| 2018 | $570,991 | $391,896 | $2,843,177 | $179,095 |
Compare LORAIN HISTORICAL SOCIETY with other nonprofits in Ohio and across the country.