COWDERY RUTH S FDN-MAX TA

EIN: 346887763

BROOKLYN, OH

Total Revenue
$106,179
Total Expenses
$111,856
Total Assets
$1,691,830
Net Assets
$1,691,830
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
OH
Phone
2166897663
Tax Period
2025-01-01 to 2025-12-31

COWDERY RUTH S FDN-MAX TA, founded in 1981, is a small nonprofit that reported $106K in total revenue in fiscal year 2025. Revenue fell 37% from the prior year — a significant decline worth monitoring. Net assets of $1.7M represent 191 months of operating reserves.

Mission

GRANTS ARE MADE ACCORDING TO THE TRUST AGREEMENT DATED JUNE 2, 1981 .KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS AS FOLLOWS:1/3 SHARE TO HIRAM COLLEGE1/3 SHARE TO UH CONNEAUT MEDICAL CENTER 1/3 SHARE PARK STREET CHRISTIAN CHURCH. KEYBANK MAINTAINS RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. EACH ORGANIZATION SHALL HAVE THE RIGHT AT ANY TIME TO OFFER ITS INSIGHT OR SUGGESTIONS TO KEYBANK WITH RESPECT TO THE ADMINISTRATION OR INVESTMENTS OF THE TRUST. KEYBANK AGREES TO TAKE DUE CONSIDERATION OF ALL SUGGESTIONS, AND AGREES TO TAKE ALL STEPS NECESSARY TO ENSURE THAT THE ORGANIZATIONS HAVE A SIGNIFICANT VOICE WITH RESPECT TO THE TRUST. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $106,179
Other Revenue $0
TOTAL REVENUE $106,179

Expense Breakdown

Grants Paid $93,176
Salaries & Benefits $17,430
Fundraising Expenses $0
Program Expenses $93,176
Other Expenses $1,250
TOTAL EXPENSES $111,856

Year-over-Year Comparison

2025 2024 Change
Revenue $106,179 $169,343 -0.4%
Expenses $111,856 $101,494 +0.1%
Net Income $-5,677 $67,849 -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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Governance

Voting Members
1
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE N/A
$17,430 $0 $17,430
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
2025 $106,179 $111,856 $1,691,830 $-5,677
2024 $169,343 $101,494 $1,697,506 $67,849
2023 $24,480 $103,596 $1,629,656 $-79,116
2022 $-6,497 $118,745 $1,708,771 $-125,242
2021 $231,458 $106,799 $1,834,014 $124,659
2020 $92,543 $102,996 $1,709,354 $-10,453
2019 $142,163 $106,708 $1,719,806 $35,455
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