DAVID & INEZ MYERS FOUNDATION

EIN: 346560945 501(c)(3) Philanthropy & Grantmaking

CLEVELAND, OH

Total Revenue
$5,885,174
Total Expenses
$8,374,686
Total Assets
$226,056,383
Net Assets
$212,034,913
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
OH
Principal Officer
MOZELLE JACKSON
Phone
2165932900
Tax Period
2023-01-01 to 2023-12-31

DAVID & INEZ MYERS FOUNDATION, founded in 1954, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.9M in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $8.4M exceeded revenue, resulting in a 42% operating deficit.

Mission

FURTHER THE CHARITABLE, EDUC.& RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND ("FEDERATION")

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $5,885,174
Other Revenue $0
TOTAL REVENUE $5,885,174

Expense Breakdown

Grants Paid $7,766,665
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,772,895
Other Expenses $608,021
TOTAL EXPENSES $8,374,686

Year-over-Year Comparison

2023 2022 Change
Revenue $5,885,174 $11,920,401 -0.5%
Expenses $8,374,686 $14,958,272 -0.4%
Net Income $-2,489,512 $-3,037,871 -0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
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
8
$1,190,134
Total Directors
9
$584,231
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIKA RUDIN-LURIA TRUSTEE/SECRETARY 0.30
Officer Director
$0 $59,403 $584,231
MOZELLE JACKSON TREASURER 0.20
Officer
$0 $59,064 $322,324
KARI BLUMENTHAL ASST TREASURER 0.20
Officer
$0 $26,726 $178,611
AMY SALTZMAN BARASCH ASST SECRETARY 0.20
Officer
$0 $20,673 $104,968
HARLEY L GROSS TRUSTEE/PRES. AS OF & VP THRU 6/5/23 0.30
Officer Director
$0 $0 $0
LESLIE D DUNN TRUSTEE/PRESIDENT THRU 6/5/2023 0.30
Officer Director
$0 $0 $0
BRUCE KOHRMAN TRUSTEE/VP AS OF 6/5/2023 0.30
Officer Director
$0 $0 $0
RENEE CHELM TRUSTEE/VP 0.30
Officer Director
$0 $0 $0
S LEE KOHRMAN TRUSTEE 0.10
Director
$0 $0 $0
BRUCE H GOODMAN TRUSTEE 0.10
Director
$0 $0 $0
CHARLES HOROWITZ RATNER TRUSTEE 0.10
Director
$0 $0 $0
CARYN WOLF WECHSLER TRUSTEE THRU 11/6/2023 0.10
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 $5,885,174 $8,374,686 $226,056,383 $-2,489,512
2022 $11,920,401 $14,958,272 $207,354,695 $-3,037,871
2021 $15,179,697 $11,645,024 $250,494,320 $3,534,673
2020 $1,575,245 $8,694,590 $231,370,323 $-7,119,345
2019 $10,668,700 $5,964,526 $207,055,258 $4,704,174
2018 $4,183,645 $8,177,445 $181,304,251 $-3,993,800
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DAVID & INEZ MYERS FOUNDATION with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.