BOYS & GIRLS CLUBS OF TOLEDO AND THE TOLEDO NEWSBOYS ASSOCIATION (EIN 344427933) - 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

1905

Legal Domicile

Principal Officer

JAMES RAVAS

Phone

4192414258

Tax Period

2023-01-01 to 2023-12-31

BOYS & GIRLS CLUBS OF TOLEDO AND THE TOLEDO NEWSBOYS ASSOCIATION, founded in 1905, is a community nonprofit that reported $5.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.4M, a strong 26% operating margin.

Mission

BOYS & GIRLS CLUBS OF TOLEDO IS COMMITTED TO ENABLING ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. THE ORGANIZATION'S SUPPORT COMES PRIMARILY FROM THE UNITED WAY OF GREATER TOLEDO, DONOR CONTRIBUTIONS, GRANTS AND FUNDRAISING EVENTS.

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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 $3,403,258

Program Service Revenue $3,820

Investment Income $2,086,033

Other Revenue $60,036

TOTAL REVENUE $5,553,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,841,677

Fundraising Expenses $208,147

Program Expenses $3,047,752

Other Expenses $1,279,085

TOTAL EXPENSES $4,120,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,553,147	$5,099,550	+0.1%
Expenses	$4,120,762	$5,695,454	-0.3%
Net Income	$1,432,385	$-595,904	-3.4%

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

161

Volunteers

253

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

$309,353

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW HOVERMAN	ASST. TREASURER	1.00	Officer Director	$0	$0	$0
JASON R DANIELS	TRUSTEE	1.00	Director	$0	$0	$0
JAMISON MESSER	TRUSTEE	1.00	Director	$0	$0	$0
DAVID R WEHRMEISTER	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS J WINSTON	TRUSTEE	1.00	Director	$0	$0	$0
BEAU G BARROW	TRUSTEE	1.00	Director	$0	$0	$0
SYDNEY WILLIAMS-BIRCH	TRUSTEE	1.00	Director	$0	$0	$0
SHARON M FULOP	TRUSTEE	1.00	Director	$0	$0	$0
KARI GLADNEY	TRUSTEE	1.00	Director	$0	$0	$0
WENDY R GRAMZA	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD E JACKSON	TRUSTEE	1.00	Director	$0	$0	$0
JOSHUA RUPLI	TRUSTEE	1.00	Director	$0	$0	$0
DOUGLAS SCHOENROCK	TRUSTEE	1.00	Director	$0	$0	$0
SPENCER D STONE JR	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL P BELL	TRUSTEE	1.00	Director	$0	$0	$0
BENJAMIN T BROWN	TRUSTEE	1.00	Director	$0	$0	$0
JOHN D DRUMHELLER	TRUSTEE	1.00	Director	$0	$0	$0
JOHN A FEDDERKE	TRUSTEE	1.00	Director	$0	$0	$0
DANIEL L FRICK	TRUSTEE	1.00	Director	$0	$0	$0
DONALD L HARBAUGH	TRUSTEE	1.00	Director	$0	$0	$0
HENRY N HEUERMAN	TRUSTEE	1.00	Director	$0	$0	$0
NANCY J JOY	TRUSTEE	1.00	Director	$0	$0	$0
JUDGE REEVE W KELSEY	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE W LATHROP	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL G MILLER	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN E MORGAN	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE S WADE JR	TRUSTEE	1.00	Director	$0	$0	$0
CONNIE S SCHMIDT	TRUSTEE	1.00	Director	$0	$0	$0
MEG APPOLD	TRUSTEE	1.00	Director	$0	$0	$0
CASEY TIMINEY	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL W MAYO	TRUSTEE	1.00	Director	$0	$0	$0
REBECCA A STEWART	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN O'NEAL	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD MANN	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN S EPSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
TIFFANY CAVANAUGH	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTINE SECOR	TRUSTEE	1.00	Director	$0	$0	$0
RYAN MCALEES	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSEPH MATHIAS	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTINE KILMAN	TREASURER	1.00	Officer Director	$0	$0	$0
RICHARD P SABIN	TRUSTEE	1.00	Director	$0	$0	$0
CRAIG JABLONSKI	TRUSTEE	1.00	Director	$0	$0	$0
S BRAD SMITH	TRUSTEE	1.00	Director	$0	$0	$0
STAN LEWANDOWSKI	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT SHICK	TRUSTEE	1.00	Director	$0	$0	$0
JIM RAVAS	PRESIDENT/CEO	40.00	Officer	$171,060	$17,338	$188,398
STACY HOLMAN	CHIEF FINANCIAL OFFICER	40.00	Officer	$111,314	$9,641	$120,955

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	$5,553,147	$4,120,762	$21,249,642	$1,432,385
2022	$5,099,550	$5,695,454	$19,078,674	$-595,904
2021	$2,562,088	$2,421,462	$19,991,567	$140,626
2020	$1,875,171	$2,500,029	$17,486,965	$-624,858
2019	$2,083,959	$2,276,412	$16,819,664	$-192,453
2018	$2,005,645	$2,177,606	$15,057,544	$-171,961

BOYS & GIRLS CLUBS OF TOLEDO AND THE TOLEDO NEWSBOYS ASSOCIATION