VILLAGE AT ST EDWARD FOUNDATION

EIN: 341969623 501(c)(3) Human Services

Fairlawn, OH

Total Revenue
$1,444,699
Total Expenses
$745,312
Total Assets
$13,934,799
Net Assets
$13,907,947
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
OH
Principal Officer
Brian Renkas
Phone
3306661183
Tax Period
2023-01-01 to 2023-12-31

VILLAGE AT ST EDWARD FOUNDATION, founded in 2001, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $699K, a strong 48% operating margin.

Mission

The Village of St. Edward Foundation provides support to the Village of St. Edward in its mission to serve as a healing ministry for older adults. Philanthropic investments in the Village will be upheld to the highest standards of Catholic stewardship, being accountable and transparent to those who support our call to service.

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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 $451,207
Program Service Revenue $0
Investment Income $991,748
Other Revenue $1,744
TOTAL REVENUE $1,444,699

Expense Breakdown

Grants Paid $397,779
Salaries & Benefits $260,807
Fundraising Expenses $85,931
Program Expenses $659,381
Other Expenses $86,726
TOTAL EXPENSES $745,312

Year-over-Year Comparison

2023 2022 Change
Revenue $1,444,699 $1,711,437 -0.2%
Expenses $745,312 $961,262 -0.2%
Net Income $699,387 $750,175 -0.1%
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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Governance

Voting Members
9
Independent Members
7
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
2
$319,486
Total Directors
11
$468,671
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Danielle Maur Board Member, President/CEO 1
Officer Director
$0 $23,971 $256,019
Vondea Sheaffer V.P. of Advancement 40
Director
$0 $11,500 $149,185
John Stoner Board Member, President/CEO 1
Officer Director
$0 $3,975 $63,467
Karen Manna Chair 1
Director
$0 $0 $0
Brianne Alaburda Director 1
Director
$0 $0 $0
Tony Alexander Director 1
Director
$0 $0 $0
Caesar Carrino Director 1
Director
$0 $0 $0
William Costigan Director 1
Director
$0 $0 $0
Thomas Freeman Director 1
Director
$0 $0 $0
Thomas Hudock Director 1
Director
$0 $0 $0
Patrick McMahon Director 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 $1,444,699 $745,312 $13,934,799 $699,387
2022 $1,711,437 $961,262 $13,088,107 $750,175
2021 $942,908 $572,302 $12,042,707 $370,606
2020 $1,273,533 $774,791 $10,962,266 $498,742
2019 $738,275 $392,638 $9,976,247 $345,637
2018 $979,084 $184,151 $9,172,250 $794,933
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