EVERGREEN COOPERATIVE CORPORATION

EIN: 452743815 501(c)(3) Community Improvement

Cleveland, OH

Total Revenue
$1,700,663
Total Expenses
$1,057,012
Total Assets
$11,273,191
Net Assets
$11,233,529
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
OH
Principal Officer
John McMicken
Phone
2162981182
Tax Period
2024-01-01 to 2024-12-31

EVERGREEN COOPERATIVE CORPORATION, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $644K, a strong 38% operating margin.

Mission

1. to promote, coordinate, and expand economic opportunity and wealth building through a network of community-based enterprises 2. to promote community stabilization and revitalization of the disinvested neighborhoods of Cleveland 3. to promote public understanding of cooperative

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $739,849
Investment Income $0
Other Revenue $960,814
TOTAL REVENUE $1,700,663

Expense Breakdown

Grants Paid $917,798
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $917,798
Other Expenses $139,214
TOTAL EXPENSES $1,057,012

Year-over-Year Comparison

2024 2023 Change
Revenue $1,700,663 $5,899,338 -0.7%
Expenses $1,057,012 $643,704 +0.6%
Net Income $643,651 $5,255,634 -0.9%
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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Governance

Voting Members
11
Independent Members
11
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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrea Kanter Grodin Board Member 1.00
Director
$0 $0 $0
Julie Rehm Board Member 1.00
Director
$0 $0 $0
Ann Conn Board Member 1.00
Director
$0 $0 $0
Kirk Neiswander Board Member 1.00
Director
$0 $0 $0
Angela Wilcoxson Board Member 1.00
Director
$0 $0 $0
Nicole Rosenbaum Board Member 1.00
Director
$0 $0 $0
Stephen Downey Board Member 1.00
Director
$0 $0 $0
Percival Kane Board Member 0.00
Director
$0 $0 $0
John McMicken Chief Executive Officer 16.00
Officer Highest
$0 $0 $0
Janet Hayward Officer 1.00
Officer
$0 $0 $0
Jeanette Webster Officer 3.00
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 $1,700,663 $1,057,012 $11,273,191 $643,651
2023 $5,899,338 $643,704 $10,618,779 $5,255,634
2022 $3,200,828 $1,146,281 $10,581,734 $2,054,547
2021 $1,734,871 $1,083,874 $9,964,213 $650,997
2020 $2,836,900 $1,623,455 $9,471,304 $1,213,445
2019 $2,398,629 $1,342,710 $9,492,307 $1,055,919
2018 $1,092,702 $1,242,553 $2,037,974 $-149,851
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