HOUSE OF CHAMPIONS

EIN: 462613015 501(c)(3) Education

Cleveland, OH

Total Revenue
$434,760
Total Expenses
$675,090
Total Assets
$544,898
Net Assets
$544,898
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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
2013
Legal Domicile
OH
Principal Officer
Sister Mary Kay Conkey
Phone
2166307368
Tax Period
2024-07-01 to 2025-06-30

HOUSE OF CHAMPIONS, founded in 2013, is a small nonprofit in the Education sector that reported $435K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $675K exceeded revenue, resulting in a 55% operating deficit.

Mission

To provide, free of charge, after-school programming for at risk children in grades 2 through 4 at Urban Community School and Metro Catholic School during the hours of 3 - 8 pm, Monday through Friday, during the school year, including homework help, dinner, life and study skills.

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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 $407,992
Program Service Revenue $0
Investment Income $26,366
Other Revenue $402
TOTAL REVENUE $434,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,716
Fundraising Expenses $84,291
Program Expenses $565,577
Other Expenses $524,374
TOTAL EXPENSES $675,090

Year-over-Year Comparison

2024 2023 Change
Revenue $434,760 $547,605 -0.2%
Expenses $675,090 $214,047 +2.2%
Net Income $-240,330 $333,558 -1.7%
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
10
Independent Members
9
Employees
8
Volunteers
231

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
5
$35,000
Total Directors
10
$35,000
Key Employees
1
$35,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sister Mary Kay Conkey OSU President and Executive Director 40
Officer Director Key Emp
$35,000 $0 $35,000
Sister Nan Zeimet SND Director 2
Director
$0 $0 $0
John W Waldeck Jr Secretary and Director 2.50
Officer Director
$0 $0 $0
Julia Campbell Chair of the Board of Directors 2
Officer Director
$0 $0 $0
Jennifer Conkey Director 2
Director
$0 $0 $0
Nancy Luciano Director 2.0
Director
$0 $0 $0
Nolan Connelly Director 2.0
Director
$0 $0 $0
Sister Margaret Hartman SND Director 2
Director
$0 $0 $0
Katie Butler Vice Chair of the Board of Directors 2
Officer Director
$0 $0 $0
Tyler Musbach Treasurer and Director 2
Officer 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
2025 $434,760 $675,090 $544,898 $-240,330
2024 $547,605 $214,047 $785,228 $333,558
2023 $291,214 $141,440 $451,670 $149,774
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