CHURCH OF THE SAVIOUR FOUNDATION

EIN: 346521549 501(c)(3)

CLEVELAND, OH

Total Revenue
$841,672
Total Expenses
$587,183
Total Assets
$14,326,906
Net Assets
$14,326,906
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
OH
Principal Officer
CATHY BELK
Phone
2163818880
Tax Period
2023-01-01 to 2023-12-31

CHURCH OF THE SAVIOUR FOUNDATION, founded in 1955, is a small nonprofit that reported $842K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $254K, a strong 30% operating margin.

Mission

CHURCH OF THE SAVIOUR FOUNDATION PROVIDES PERMANENT SUPPORT TO CHURCH OF THE SAVIOUR BY UNDERWRITING MAJOR MAINTENANCE OF THE CHURCH'S GRAND FACILITIES, PROVIDING START-UP FUNDS FOR NEW MINISTRY INITIATIVES AND CHURCH PROGRAMS, AND SUPPORTING LOCAL AND WORLDWIDE MISSION WORK. PROPERTY OF THE CHURCH OF THE SAVIOUR FOUNDATION SHALL BE USED SOLELY AND EXCLUSIVELY FOR THE BENEFIT OF CHURCH OF THE SAVIOUR, UNITED METHODIST, OR ITS SUCCESSOR, AND THE CONDUCT, MAINTENANCE, PROMOTION, DEVELOPMENT OF SUPPORT OF ANY EXCLUSIVELY PUBLIC RELIGIOUS, CHARITABLE OR EDUCATIONAL WORKS OR ACTIVITIES IN WHICH SAID CHURCH NOW IS, OR MAY HEREAFTER BE ENGAGED, EITHER DIRECTLY OR INDIRECTLY, ALONE OR IN CONJUCTION WITH ONE OR MORE OTHER INSTITUTIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR PUBLIC RELIGIOUS, CHARITABLE OR EDUCTIONAL PURPOSES, PROVIDED NO PART OF THE NET EARNINGS OF SUCH OTHER INSTITUIONS INURE TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL.

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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 $315,135
Program Service Revenue $0
Investment Income $526,537
Other Revenue $0
TOTAL REVENUE $841,672

Expense Breakdown

Grants Paid $519,069
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $530,791
Other Expenses $68,114
TOTAL EXPENSES $587,183

Year-over-Year Comparison

2023 2022 Change
Revenue $841,672 $632,141 +0.3%
Expenses $587,183 $477,585 +0.2%
Net Income $254,489 $154,556 +0.6%
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
7
Independent Members
7
Employees
N/A
Volunteers
8

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHY BELK CHAIR 2.00
Officer Director
$0 $0 $0
REV ANDY CALL TRUSTEE 1.00
Director
$0 $0 $0
MARK DUFFY TRUSTEE 1.00
Director
$0 $0 $0
MARK GRABAN TRUSTEE 1.00
Director
$0 $0 $0
MARTY KOLB TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY PERSONS TRUSTEE 1.00
Director
$0 $0 $0
VALENTA WARD-GRAVELY TRUSTEE 1.00
Director
$0 $0 $0
SANDRA KIELY KOLB SECRETARY/TR 2.00
Officer
$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 $841,672 $587,183 $14,326,906 $254,489
2022 $632,141 $477,585 $12,610,545 $154,556
2021 $607,949 $535,475 $15,200,260 $72,474
2020 $462,792 $507,984 $13,738,709 $-45,192
2019 $346,986 $496,366 $12,325,232 $-149,380
2018 $510,294 $482,675 $10,612,925 $27,619
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