THE ABILITY CENTER OF GREATER TOLEDO SUPPORTING ORGANIZATION (EIN 341941007) - 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

2001

Legal Domicile

Principal Officer

WILLIAM LOGIE

Phone

4192415049

Tax Period

2023-10-01 to 2024-09-30

THE ABILITY CENTER OF GREATER TOLEDO SUPPORTING ORGANIZATION, founded in 2001, is a community nonprofit in the Diseases & Disorders sector that reported $3.6M in total revenue in fiscal year 2023. Net assets of $51.4M represent 171 months of operating reserves.

Mission

OUR MISSION: TO ASSIST PEOPLE WITH DISABILITIES TO LIVE, WORK AND SOCIALIZE WITHIN A FULLY ACCESSIBLE COMMUNITY. OUR VISION: WE BELIEVE IN AND SUPPORT EQUITABLE AND INCLUSIVE COMMUNITIES FOR PEOPLE LIVING WITH DISABILITIES.

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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 $0

Program Service Revenue $0

Investment Income $3,596,724

Other Revenue $0

TOTAL REVENUE $3,596,724

Expense Breakdown

Grants Paid $3,639,185

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,639,185

Other Expenses $15,887

TOTAL EXPENSES $3,655,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,596,724	$3,663,424	0.0%
Expenses	$3,655,072	$3,189,729	+0.1%
Net Income	$-58,348	$473,695	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER SCHAEFER	CHAIR	0.30	Officer Director	$0	$0	$0
TOM MCARDLE	VICE CHAIR	0.30	Officer Director	$0	$0	$0
ADRIENNE BELL	TRUSTEE	0.30	Director	$0	$0	$0
WILLIAM LOGIE	TRUSTEE	0.30	Director	$0	$0	$0
PAUL KWAPICH	TRUSTEE	0.30	Director	$0	$0	$0
JEREMY BIGELOW	TRUSTEE	0.30	Director	$0	$0	$0
LOWELL JAFFE	TRUSTEE	0.30	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	$3,596,724	$3,655,072	$51,355,800	$-58,348
2023	$3,663,424	$3,189,729	$44,375,770	$473,695
2022	$4,757,170	$3,157,311	$41,461,825	$1,599,859
2021	$2,429,782	$2,596,723	$52,411,136	$-166,941
2020	$2,604,237	$3,228,946	$42,047,483	$-624,709
2019	$3,234,481	$2,817,724	$45,277,634	$416,757
2018	$3,385,476	$2,589,216	$48,214,110	$796,260

THE ABILITY CENTER OF GREATER TOLEDO SUPPORTING ORGANIZATION