THE YOUNGSTOWN EDISON BUSINESS INCUBATOR (EIN 341751707) - 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

JOHN REED

Phone

3307465003

Tax Period

2023-01-01 to 2023-12-31

THE YOUNGSTOWN EDISON BUSINESS INCUBATOR, founded in 1988, is a community nonprofit in the Community Improvement sector that reported $4.2M in total revenue in fiscal year 2023. Net assets of $11.8M represent 34 months of operating reserves.

Mission

BUSINESS DEVELOPMENT: TO CULTIVATE, ACCELERATE AND PRMOTE THE FORMATION, GROWTH, COMMERCIALIZATION AND INNOVATION OF TECHNOLOGY-BASED BUSINESSES BY PROVIDING THE COMPREHENSIVE, HIGH QUALITY ENTREPRENEURIAL SERVICES AND RESORUCES IN A ROBUST ENVIRONMENT THAT PROMOTES COMPANY SUCCESS, ATTRACTION AND RETENTION TO CULTIVATE, ACCELERATE AND PROMOTE THE FORMATION, GROWTH, COMMERCIALIZATION, AND INNOVATION OF TECHNOLOGY-BASED BUSINESSES BY PROVIDING COMPREHENSIVE, HIGH QUALITY ENTREPRENEURIAL SERVICES AND RESOURCES IN A ROBUST ENVIRONMENT THAT PROMOTES COMPANY SUCCESS, ATTRACTION AND RETENTION.

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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 $3,320,829

Program Service Revenue $0

Investment Income $0

Other Revenue $873,643

TOTAL REVENUE $4,194,472

Expense Breakdown

Grants Paid $698,061

Salaries & Benefits $1,557,093

Fundraising Expenses $195,918

Program Expenses $3,615,170

Other Expenses $2,064,442

TOTAL EXPENSES $4,319,596

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,194,472	$4,125,884	+0.0%
Expenses	$4,319,596	$4,483,457	0.0%
Net Income	$-125,124	$-357,573	-0.7%

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

$152,759

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES DASCENZO	TREASURER	1.00	Officer Director	$0	$0	$0
EVAN MORRISON	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
STUART A STRASFELD	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS MEDIATE	MEMBER	1.00	Director	$0	$0	$0
PAUL OLIVIER	MEMBER	1.00	Director	$0	$0	$0
BONNIE DEUTSCH BURDMAN	MEMBER	1.00	Director	$0	$0	$0
BRIAN JACKSON	MEMBER	1.00	Director	$0	$0	$0
JOE CHAHINE	MEMBER	1.00	Director	$0	$0	$0
JOHN REED	CHAIRPERSON	1.00	Director	$0	$0	$0
STEPHANIE GILCHRIST	MEMBER	1.00	Director	$0	$0	$0
SAM HUSTON	MEMBER	1.00	Director	$0	$0	$0
ELLE HENDRICKS	MEMBER	1.00	Director	$0	$0	$0
BOB WOLLET	MEMBER	1.00	Director	$0	$0	$0
JEFF BARBER	MEMBER	1.00	Director	$0	$0	$0
KELLY WILKINSON	MEMBER	1.00	Director	$0	$0	$0
MICHELLE CRAWFORD	MEMBER	1.00	Director	$0	$0	$0
LENA ESMAIL	MEMBER	1.00	Director	$0	$0	$0
BARB EWING	CEO	40.00	Officer	$146,100	$6,659	$152,759
STEPHANIE GAFFNEY	VP-ADV.MANUFACTURING PRO	40.00	Highest	$118,989	$0	$118,989
COLLEEN KELLY	SENIOR VP	40.00	Highest	$109,974	$0	$109,974

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	No data	No data	No data	No data
2023	$4,194,472	$4,319,596	$13,587,099	$-125,124
2022	$4,125,884	$4,483,457	$14,366,290	$-357,573
2021	$3,372,066	$3,970,894	$13,879,645	$-598,828
2020	$3,234,347	$3,819,119	$14,470,170	$-584,772
2019	$3,624,619	$4,015,866	$15,071,968	$-391,247
2018	$3,663,175	$4,099,720	$15,619,114	$-436,545

THE YOUNGSTOWN EDISON BUSINESS INCUBATOR