Liberty Center of Sandusky County

EIN: 341731459 501(c)(3) Housing & Shelter

Fremont, OH

Total Revenue
$302,723
Total Expenses
$520,025
Total Assets
$719,979
Net Assets
$685,100
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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
1994
Legal Domicile
OH
Phone
4193328777
Tax Period
2024-07-01 to 2025-06-30

Liberty Center of Sandusky County, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $303K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $520K exceeded revenue, resulting in a 72% operating deficit.

Mission

Shelter for the homeless individuals and families

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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 $257,933
Program Service Revenue $0
Investment Income $3,798
Other Revenue $40,992
TOTAL REVENUE $302,723

Expense Breakdown

Grants Paid $472
Salaries & Benefits $370,254
Fundraising Expenses $0
Program Expenses $440,217
Other Expenses $149,299
TOTAL EXPENSES $520,025

Year-over-Year Comparison

2024 2023 Change
Revenue $302,723 $491,141 -0.4%
Expenses $520,025 $511,331 +0.0%
Net Income $-217,302 $-20,190 +9.8%
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
10
Independent Members
10
Employees
17
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
4
$0
Total Directors
10
$84,725
Key Employees
1
$84,725
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Margaret Weisz Exec Dir 040.00
Director Key Emp
$84,725 $0 $84,725
Wendy Gonzales President 004.00
Officer Director
$0 $0 $0
Harry Aspacher Vice President 002.00
Officer Director
$0 $0 $0
Larry Van Dyne Treasurer 000.25
Officer Director
$0 $0 $0
Dave Obregon Secretary 000.25
Officer Director
$0 $0 $0
Sharon Chafin Member 000.25
Director
$0 $0 $0
Bob Gamble Member 000.25
Director
$0 $0 $0
Sara Sherick Member 000.25
Director
$0 $0 $0
Bob Chrisman Member 000.25
Director
$0 $0 $0
Laura Baumann Member 000.25
Director
$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 $302,723 $520,025 $719,979 $-217,302
2024 $491,141 $511,331 $923,415 $-20,190
2023 $564,865 $539,908 $949,662 $24,957
2022 $455,942 $535,959 $938,915 $-80,017
2021 $734,386 $502,178 $1,012,251 $232,208
2020 $474,134 $410,149 $827,082 $63,985
2019 $264,916 $378,107 $722,482 $-113,191
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