TWINSBURG COMMUNITY IMPROVEMENT CORPORATION (EIN 463353343) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

BILL FUREY

Phone

3309636154

Tax Period

2024-01-01 to 2024-12-31

TWINSBURG COMMUNITY IMPROVEMENT CORPORATION, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $123K in total revenue in fiscal year 2024. Revenue surged 339% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 84% operating margin.

Mission

TO ADVANCE, ENCOURAGE AND PROMOTE THE INDUSTRIAL, ECONOMIC, COMMERCIAL, DISTRIBUTION, RESEARCH AND CIVIC DEVELOPMENT OF TWINSBURG, OHIO.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $100,254

Program Service Revenue $12,249

Investment Income $10,198

Other Revenue $20

TOTAL REVENUE $122,721

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $19,289

TOTAL EXPENSES $19,289

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,721	$27,935	+3.4%
Expenses	$19,289	$24,539	-0.2%
Net Income	$103,432	$3,396	+29.5%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL FUREY	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
SAM SCAFFIDE	TRUSTEE	1.00	Director	$0	$0	$0
MATT CELLURA	TRUSTEE	1.00	Director	$0	$0	$0
JEFF DEEDS	TRUSTEE	1.00	Director	$0	$0	$0
DOYLE STUTZMAN	TRUSTEE	1.00	Director	$0	$0	$0
KATHI PROCOP	TRUSTEE	1.00	Director	$0	$0	$0
KAREN LABBE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GREGG RALL	PRESIDENT	1.00	Officer Director	$0	$0	$0
REBECCA ZIEGLER	EXECUTIVE DIRECTOR	1.00	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	$122,721	$19,289	$1,323,401	$103,432
2023	$27,935	$24,539	$1,219,969	$3,396
2022	$107,541	$12,041	$1,216,573	$95,500
2021	$86,687	$20,813	$1,171,490	$65,874
2020	$60,677	$47,416	$1,160,616	$13,261
2019	$106,096	$25,123	$1,032,355	$80,973
2018	$108,027	$46,205	$1,006,382	$61,822

TWINSBURG COMMUNITY IMPROVEMENT CORPORATION