TOWPATH TRAIL HIGH SCHOOL

EIN: 341900212 501(c)(3) Education

Akron, OH

Total Revenue
$12,731,583
Total Expenses
$10,167,085
Total Assets
$16,633,097
Net Assets
$6,425,982
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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
OH
Principal Officer
C David Massa
Phone
2345420102
Tax Period
2024-07-01 to 2025-06-30

TOWPATH TRAIL HIGH SCHOOL, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $12.7M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 20% operating margin.

Mission

Towpath Trail High School is a student-centered organization delivering excellence in education. Our team is committed to our students, our communities, and each other. We believe that our cohesion and morale help us to achieve excellence in our school. Our commitment to our students and our dedication to impacting their education through innovative methods makes us unique.

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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 $12,731,583
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,731,583

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,033,233
Fundraising Expenses $0
Program Expenses $9,765,640
Other Expenses $5,133,852
TOTAL EXPENSES $10,167,085

Year-over-Year Comparison

2024 2023 Change
Revenue $12,731,583 $9,968,320 +0.3%
Expenses $10,167,085 $8,488,226 +0.2%
Net Income $2,564,498 $1,480,094 +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

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Governance

Voting Members
9
Independent Members
9
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
0
$0
Total Directors
9
$18,055
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ron McDaniel Board President 2.0
Director
$2,615 $0 $2,615
Angela Robinson Board Member 1.0
Director
$2,615 $0 $2,615
Michele Fort Board Member 1.0
Director
$2,615 $0 $2,615
Matthew Devlin Board Member 1.0
Director
$2,490 $0 $2,490
Patricia Beals Board Member 1.0
Director
$2,245 $0 $2,245
Janice Bauman Board Member 1.0
Director
$1,990 $0 $1,990
Kathleen Brand Board Member 1.0
Director
$1,990 $0 $1,990
Rica Keith Board Member 1
Director
$750 $0 $750
Mark Humphrey Board Member 1
Director
$745 $0 $745
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 $12,731,583 $10,167,085 $16,633,097 $2,564,498
2024 $9,968,320 $8,488,226 $11,773,179 $1,480,094
2023 $7,422,817 $6,929,235 $9,889,938 $493,582
2022 $6,204,598 $5,157,249 $7,782,744 $1,047,349
2021 $6,204,831 $6,108,464 $7,159,844 $96,367
2020 $5,676,145 $5,863,104 $6,300,348 $-186,959
2019 $5,050,221 $4,669,137 $5,590,874 $381,084
2018 $4,089,261 $2,510,245 $4,553,501 $1,579,016
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