SISTERS OF CHARITY FOUNDATION OF CANTON

EIN: 341832697 501(c)(3) Religion

Cleveland, OH

Total Revenue
$7,051,355
Total Expenses
$5,068,130
Total Assets
$88,746,032
Net Assets
$86,668,643
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
OH
Principal Officer
Marisa Rohn
Phone
2166965560
Tax Period
2023-01-01 to 2023-12-31

SISTERS OF CHARITY FOUNDATION OF CANTON, founded in 1995, is a community nonprofit in the Religion sector that reported $7.1M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.0M, a strong 28% operating margin.

Mission

The Sisters of Charity Foundation of Canton (CAF) supports and furthers the mission and ministry of the Sisters of Charity of St. Augustine. The principal components of the ministry are health, education, and social services. CAF's focus is on the issues of social justice relating to the poor and underserved in the spirit of Jesus Christ.

Program Service Accomplishments

Program 1
Expenses: $2,350,885 Revenue: $0

The Sisters of Charity Foundation of Canton is a ministry of the Sisters of Charity Health System and is based upon the gospel values, Catholic social teachings, and the charitable mission of the...

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The Sisters of Charity Foundation of Canton is a ministry of the Sisters of Charity Health System and is based upon the gospel values, Catholic social teachings, and the charitable mission of the Sisters and the Roman Catholic Church. CAF's focus is to address the needs of the poor and underserved by understanding the root causes of poverty, nurturing the growth of healthy communities emphasizing youth and family and measuring the outcomes of these efforts.

Program 2
Expenses: $1,568,071 Revenue: $0

CAF has focused significant funding and staff resources on Stark County's Homeless Continuum of Care and has helped to establish the Stark Housing Network, a not-for-profit organization dedicated to...

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CAF has focused significant funding and staff resources on Stark County's Homeless Continuum of Care and has helped to establish the Stark Housing Network, a not-for-profit organization dedicated to this work. Communities are required to establish Continuums of Care in order to apply for, receive, and monitor federal and state funding for homeless services. Along with grants targeting specific housing projects, CAF has provided leadership in local and state boards and committees.

Program 3
Expenses: $736,074 Revenue: $0

CAF has a long-time commitment to improving early education and care in Stark County and beyond. Programs to improve the quality of young children's early learning experiences outside of the home as...

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CAF has a long-time commitment to improving early education and care in Stark County and beyond. Programs to improve the quality of young children's early learning experiences outside of the home as well as programs that focus on families as children's first teachers are supported. Along with leading local efforts in early childhood, CAF works across the state and country to affect policy changes and support system building for young children and families. The majority of CAF's early childhood funding is dedicated to supporting a local resource center, a kindergarten readiness program, professional development for teachers and family support programs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,000
Program Service Revenue $0
Investment Income $7,046,355
Other Revenue $0
TOTAL REVENUE $7,051,355

Expense Breakdown

Grants Paid $3,443,280
Salaries & Benefits $678,593
Fundraising Expenses $0
Program Expenses $4,771,034
Other Expenses $946,257
TOTAL EXPENSES $5,068,130

Year-over-Year Comparison

2023 2022 Change
Revenue $7,051,355 $6,380,309 +0.1%
Expenses $5,068,130 $4,361,662 +0.2%
Net Income $1,983,225 $2,018,647 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
15
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
7
$1,449,890
Total Directors
16
$661,695
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Janice Murphy Board member 40
Officer Director
$0 $55,700 $661,695
Melissa Rogers Assistant Treasurer 40
Officer
$0 $80,020 $540,470
Marisa Rohn President 40
Officer
$0 $33,990 $247,725
Judge Sara Lioi Board Chair 1.00
Officer Director
$0 $0 $0
Joseph Schauer Vice Chair and Secretary 1
Officer Director
$0 $0 $0
Judge Rosemarie Hall Treasurer 1
Officer Director
$0 $0 $0
Jeffrey Halm Board Member 1
Officer Director
$0 $0 $0
Elaine Russell Reolfi Board member 1
Director
$0 $0 $0
James Leahy Board Member 1
Director
$0 $0 $0
Dr Albert Domingo Board Member 1
Director
$0 $0 $0
C Todd Locke Board Member 1
Director
$0 $0 $0
Robert Belden Board Member 1
Director
$0 $0 $0
Debra Bentivegna Board Member 1
Director
$0 $0 $0
Sr Jane Lab CSA Board Member 1
Director
$0 $0 $0
Joseph R Luckring Board Member 1
Director
$0 $0 $0
Reverend Benson C Okpara Board Member 1
Director
$0 $0 $0
Jeffery S Talbert Board Member 1
Director
$0 $0 $0
Janelle Lee Board Member 1
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
2024 No data No data No data No data
2023 $7,051,355 $5,068,130 $88,746,032 $1,983,225
2022 $6,380,309 $4,361,662 $86,135,211 $2,018,647
2021 $3,627,612 $4,446,781 $111,250,604 $-819,169
2020 $3,138,144 $4,187,824 $100,552,673 $-1,049,680
2019 $4,050,174 $4,314,242 $92,169,169 $-264,068
2018 $5,669,992 $5,039,296 $82,915,227 $630,696
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