Strongsville Schools Foundation

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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

1984

Legal Domicile

Principal Officer

David Rubis

Tax Period

2024-07-01 to 2025-06-30

Strongsville Schools Foundation, founded in 1984, is a small nonprofit that reported $137K in total revenue in fiscal year 2024. The organization ran a surplus of $46K, a strong 34% operating margin.

Mission

SEF is dedicated to raise and disburse funds to support and foster creativity, innovation and outstanding achievement for the students, the teachers and community served by Strongsville CSD.

Program Service Accomplishments

Program 1

Expenses: $47,554

The grant award program focused on providing funding for students of Strongsville CSD for various purposes including but not limited to field trips, equipment, and providing funding for creative and...

Program 2

Expenses: $27,400

The annual scholarship funding program provides scholarship funds to deserving seniors of Strongsville High School.

Program 3

N/A - Only two program services at the organization.

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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 $34,460

Program Service Revenue $0

Investment Income $63,359

Other Revenue $39,387

TOTAL REVENUE $137,206

Expense Breakdown

Grants Paid $74,954

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,954

Other Expenses $15,834

TOTAL EXPENSES $90,788

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,206	$138,896	0.0%
Expenses	$90,788	$101,311	-0.1%
Net Income	$46,418	$37,585	+0.2%

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

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER DOHERTY	Trustee	0.50	Director	$0	$0	$0
BRETT EICHENBERGER	Trustee	0.50	Director	$0	$0	$0
ERIC ELLIOTT	Trustee	0.50	Director	$0	$0	$0
MONICA ESKER	Trustee	0.50	Director	$0	$0	$0
DARLENE FERRIS	Trustee	0.50	Director	$0	$0	$0
AMANDA DONNELLAN	Trustee	0.50	Director	$0	$0	$0
BRIAN JUNGEBERG	Trustee	0.50	Director	$0	$0	$0
MICHAEL KALINICH	Trustee	0.50	Director	$0	$0	$0
AMIE LABAHN	Trustee	0.00	Director	$0	$0	$0
TOM LAUB	Trustee	0.50	Director	$0	$0	$0
SEAN MCCULLOGH	Trustee	0.50	Director	$0	$0	$0
GEORGE LATCHERAN	Trustee	0.50	Director	$0	$0	$0
LAUREN FRIEDBERG	Trustee	0.50	Director	$0	$0	$0
BRENT TEAGUE	Trustee	0.50	Director	$0	$0	$0
WALTER EHRNFELT III	Trustee Emeritus	0.50	Director	$0	$0	$0
ROBIN BYRNE	Trustee	0.50	Director	$0	$0	$0
KYLE GEE	Trustee	0.50	Director	$0	$0	$0
ADAM PRIMM	Adam Primm	0.50	Director	$0	$0	$0
GORDON SHORT	Trustee	0.50	Director	$0	$0	$0
DAVID TURNER	Trustee	0.50	Director	$0	$0	$0
DAVID RUBIS	President	0.50	Officer	$0	$0	$0
DUSTIN HAYDEN	VicePresident	0.50	Officer	$0	$0	$0
JACKIE HRUDKA	Treasurer	0.50	Officer	$0	$0	$0
MAREDITH DE GUIRE	Secretary	0.50	Officer	$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
2025	$137,206	$90,788	$765,368	$46,418
2024	$138,896	$101,311	$714,964	$37,585
2023	$125,031	$64,924	$636,775	$60,107
2020	$40,105	$42,741	$566,685	$-2,636
2019	$62,606	$57,849	$559,563	$4,757
2018	$70,994	$75,342	$542,037	$-4,348