DIRECTION HOME AKRON CANTON FOUNDATION (EIN 341891453) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

ABIGAIL M MORGAN

Phone

3308969172

Tax Period

2023-07-01 to 2024-06-30

DIRECTION HOME AKRON CANTON FOUNDATION, founded in 1999, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 54% operating margin.

Mission

TO ENABLE OLDER ADULTS TO LIVE INDEPENDENTLY IN THE PLACE THEY WANT TO CALL HOME.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $637,626

Program Service Revenue $595,244

Investment Income $1,924,070

Other Revenue $16,224

TOTAL REVENUE $3,173,164

Expense Breakdown

Grants Paid $400,978

Salaries & Benefits $0

Fundraising Expenses $84,636

Program Expenses $1,137,452

Other Expenses $1,070,088

TOTAL EXPENSES $1,471,066

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,173,164	$1,347,586	+1.4%
Expenses	$1,471,066	$1,526,304	0.0%
Net Income	$1,702,098	$-178,718	-10.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,491,360

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID B REYNOLDS MD	VICE CHAIRMAN	0.50	Director	$0	$0	$0
GEORGE F SESOCK	TREASURER	0.50	Director	$0	$0	$0
MARGARET F MEDZIE	DIRECTOR	0.50	Director	$0	$0	$0
FRAN D RICE	SECRETARY	0.50	Director	$0	$0	$0
NATALIE E LINDSAY-SMITH	DIRECTOR	0.50	Director	$0	$0	$0
LEE S WALKO	CHAIRMAN	0.50	Director	$0	$0	$0
LISA HILLING	DIRECTOR	0.50	Director	$0	$0	$0
BRANDYN NEAL	DIRECTOR	0.50	Director	$0	$0	$0
GARY L COOK RETIRED 52224	PRESIDENT & CEO	4.00	Officer	$0	$80,954	$572,455
ABIGAIL M MORGAN	PRESIDENT & CEO	4.00	Officer	$0	$54,532	$339,152
REBECCA NEWMAN	CHIEF FINANCIAL OFFICER	4.00	Officer	$0	$45,463	$312,650
LJUDMILA BURCHFIELD	CHIEF OPERATING & LEGAL OFFICER	4.00	Officer	$0	$54,827	$267,103

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	No data	No data	No data	No data
2024	$3,173,164	$1,471,066	$29,687,330	$1,702,098
2023	$1,347,586	$1,526,304	$23,923,901	$-178,718
2022	$5,752,546	$633,742	$20,639,886	$5,118,804
2021	$1,300,518	$476,919	$18,642,775	$823,599
2020	$949,240	$729,789	$15,484,548	$219,451
2019	$12,387,746	$314,351	$15,382,578	$12,073,395

DIRECTION HOME AKRON CANTON FOUNDATION