GROWTH PARTNERSHIP FOR ASHTABULA CO (EIN 341454129) - 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

1988

Legal Domicile

Principal Officer

GREG MEYERS

Phone

4405769126

Tax Period

2023-10-01 to 2024-09-30

GROWTH PARTNERSHIP FOR ASHTABULA CO, founded in 1988, is a small nonprofit that reported $328K in total revenue in fiscal year 2023. The organization ran a surplus of $58K, a strong 18% operating margin.

Mission

TO ACHIEVE ECONOMIC PROSPERITY AND IMPROVE THE QUALITY OF LIFE FOR ALL OF ASHTABULA COUNTY

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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 (2023)

Revenue Breakdown

Contributions & Grants $247,177

Program Service Revenue $0

Investment Income $24,164

Other Revenue $56,580

TOTAL REVENUE $327,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,981

Fundraising Expenses $0

Program Expenses $209,946

Other Expenses $43,739

TOTAL EXPENSES $269,720

Year-over-Year Comparison

	2023	2022	Change
Revenue	$327,921	$334,540	0.0%
Expenses	$269,720	$230,600	+0.2%
Net Income	$58,201	$103,940	-0.4%

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

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

$130,683

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG MYERS	EXECUTIVE DIRECTOR	40.00	Director	$130,683	$0	$130,683
ALEC RAFFA	TRUSTEE	2.00	Director	$0	$0	$0
ANDY JUHOLA	TRUSTEE	2.00	Director	$0	$0	$0
JAMES TIMONERE	TRUSTEE	2.00	Director	$0	$0	$0
JP DUCRO	TRUSTEE	2.00	Director	$0	$0	$0
JOSEPH VARCKETTE	TRUSTEE	2.00	Director	$0	$0	$0
NICK SANFORD	TRUSTEE	2.00	Director	$0	$0	$0
SCOTT WLUDYGA	TRUSTEE	2.00	Director	$0	$0	$0
KATE REEDY	TRUSTEE	2.00	Director	$0	$0	$0
DEREK LEBZELTER	TRUSTEE	2.00	Director	$0	$0	$0
KATIE BOLAN	TRUSTEE	2.00	Director	$0	$0	$0
JAMES MAYER JR	PRESIDENT	5.00	Officer	$0	$0	$0
LEONARD STEPP	SECRETARY	5.00	Officer	$0	$0	$0
CRIAG PARKER	TREASURER	5.00	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
2024	$327,921	$269,720	$684,768	$58,201
2023	$334,540	$230,600	$673,991	$103,940
2022	$311,934	$212,855	$534,628	$99,079
2021	$278,215	$212,694	$496,525	$65,521
2020	$359,256	$314,872	$414,826	$44,384

GROWTH PARTNERSHIP FOR ASHTABULA CO