THE GATHERING PLACE

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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

1999

Legal Domicile

Principal Officer

MICHELE SEYRANIAN

Phone

2165959546

Tax Period

2024-07-01 to 2025-06-30

THE GATHERING PLACE, founded in 1999, is a community nonprofit in the Human Services sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $3.0M left a modest 5% surplus.

Mission

A CARING COMMUNITY THAT SUPPORTS, EDUCATES AND EMPOWERS INDIVIDUALS AND FAMILIES TOUCHED BY CANCER THROUGH PROGRAMS AND SERVICES PROVIDED FREE OF CHARGE.

Program Service Accomplishments

Program 1

Expenses: $2,270,230 Revenue: $19,562

PROGRAMS AND SERVICES THAT ADDRESS PARTICIPANT NEEDS FOR PSYCHOSOCIAL, NUTRITION, FITNESS, AND OTHER LIFE ENRICHING SUPPORT AND UNIQUE SERVICES WHICH INDIVIDUALS AND FAMILIES FACING CANCER CANNOT...

PROGRAMS AND SERVICES THAT ADDRESS PARTICIPANT NEEDS FOR PSYCHOSOCIAL, NUTRITION, FITNESS, AND OTHER LIFE ENRICHING SUPPORT AND UNIQUE SERVICES WHICH INDIVIDUALS AND FAMILIES FACING CANCER CANNOT FREELY ACCESS ELSEWHERE IN THE NORTHERN OHIO AREA.

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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 $2,244,202

Program Service Revenue $19,562

Investment Income $845,096

Other Revenue $44,526

TOTAL REVENUE $3,153,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,889,924

Fundraising Expenses $497,088

Program Expenses $2,270,230

Other Expenses $1,092,991

TOTAL EXPENSES $2,982,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,153,386	$2,498,440	+0.3%
Expenses	$2,982,915	$2,852,121	+0.0%
Net Income	$170,471	$-353,681	-1.5%

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

403

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

$174,956

Total Directors

Key Employees

$153,679

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BARNES	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JULIE GURNEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
GUY FABE	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN LIPMAN STEIGER	SECRETARY	1.00	Officer Director	$0	$0	$0
CARLTON LANGER	MEMBER	1.00	Director	$0	$0	$0
LORI PARSONS	MEMBER	1.00	Director	$0	$0	$0
HARVEY SASS	MEMBER	1.00	Director	$0	$0	$0
KATE LINCOLN	MEMBER	1.00	Director	$0	$0	$0
MATT SPEECE	MEMBER	1.00	Director	$0	$0	$0
QUINTON MASSEY	MEMBER	1.00	Director	$0	$0	$0
KEVIN SAMULES	MEMBER	1.00	Director	$0	$0	$0
KENDALL KASH	MEMBER	1.00	Director	$0	$0	$0
SUSAN KARAS	MEMBER	1.00	Director	$0	$0	$0
RON BOYNER	MEMBER	1.00	Director	$0	$0	$0
ADAM MILLER	MEMBER	1.00	Director	$0	$0	$0
FRANCES MILLS	MEMBER	1.00	Director	$0	$0	$0
ERIC BAUMGARTNER	MEMBER	1.00	Director	$0	$0	$0
DOUG ENGLAND	MEMBER	1.00	Director	$0	$0	$0
PREYONDA HOWELL	MEMBER	1.00	Director	$0	$0	$0
RABBI MELINDA MERSACK	MEMBER	1.00	Director	$0	$0	$0
JOANNE MROSKO	MEMBER	1.00	Director	$0	$0	$0
MICHELE SEYRANIAN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$165,190	$9,766	$174,956
ADAM ROSS	CHIEF DEVELOPMENT OFFICER	40.00	Key Emp	$153,079	$600	$153,679
JEFF STANICKI	VP OF PARTNER ENGAGEMENT	40.00	Highest	$130,311	$10,182	$140,493
KAREN HATFIELD	CHIEF PROGRAM OFFICER	40.00	Highest	$107,290	$10,521	$117,811

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	$3,153,386	$2,982,915	$9,909,891	$170,471
2024	$2,498,440	$2,852,121	$9,937,566	$-353,681
2023	$2,425,214	$2,659,455	$9,648,017	$-234,241
2022	$2,808,083	$2,422,341	$9,269,157	$385,742
2021	$2,242,108	$2,184,738	$10,701,432	$57,370
2020	$3,002,462	$2,459,817	$9,521,474	$542,645
2019	$2,411,236	$2,340,500	$9,015,186	$70,736