Cleveland Owns

EIN: 364929660 501(c)(3) Community Improvement

Cleveland, OH

Total Revenue
$258,139
Total Expenses
$86,335
Total Assets
$217,369
Net Assets
$216,589
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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
2019
Legal Domicile
OH
Principal Officer
Michael Robinson
Phone
2163157597
Tax Period
2022-01-01 to 2022-12-31

Cleveland Owns, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2022. The organization ran a surplus of $172K, a strong 67% operating margin.

Mission

Cleveland Owns is an economic democracy incubator that launches cooperative businesses and organizes campaigns for community control of resources.

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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 (2022)

Revenue Breakdown

Contributions & Grants $249,903
Program Service Revenue $8,236
Investment Income $0
Other Revenue $0
TOTAL REVENUE $258,139

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,295
Fundraising Expenses $0
Program Expenses $38,454
Other Expenses $54,040
TOTAL EXPENSES $86,335

Year-over-Year Comparison

2022 2021 Change
Revenue $258,139 N/A N/A
Expenses $86,335 N/A N/A
Net Income $171,804 N/A N/A
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
8
Independent Members
8
Employees
1
Volunteers
111

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
3
$30,000
Total Directors
8
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mordecal Cargill 1.00
Officer Director
$0 $0 $0
Michael Robinson 1.00
Officer Director
$0 $0 $0
Deborah Lewis 0.50
Director
$0 $0 $0
Adam Drue King 0.50
Director
$0 $0 $0
Indigo Bishop 0.50
Director
$0 $0 $0
Mike Russell 0.50
Director
$0 $0 $0
Dawn Mayes 0.50
Director
$0 $0 $0
Jonathan Welle 40.00
Officer Director
$30,000 $0 $30,000
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
2022 $258,139 $86,335 $217,369 $171,804
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