CORNUCOPIA INC

EIN: 510179029 501(c)(3) Employment

EUCLID, OH

Total Revenue
$300,090
Total Expenses
$443,750
Total Assets
$640,769
Net Assets
$-176,558
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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
1975
Legal Domicile
OH
Principal Officer
TAMARA HONKALA
Phone
2164324810
Tax Period
2024-01-01 to 2024-12-31

CORNUCOPIA INC, founded in 1975, is a small nonprofit in the Employment sector that reported $300K in total revenue in fiscal year 2024. Expenses of $444K exceeded revenue, resulting in a 48% operating deficit.

Mission

TO HELP PEOPLE WITH DISABILITIES DEVELOP THEIR SKILLS AND CONFIDENCE LEADING TO EMPLOYMENT.

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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 $6,863
Program Service Revenue $293,227
Investment Income $0
Other Revenue $0
TOTAL REVENUE $300,090

Expense Breakdown

Grants Paid $0
Salaries & Benefits $338,511
Fundraising Expenses $0
Program Expenses $443,750
Other Expenses $105,239
TOTAL EXPENSES $443,750

Year-over-Year Comparison

2024 2023 Change
Revenue $300,090 $280,144 +0.1%
Expenses $443,750 $413,855 +0.1%
Net Income $-143,660 $-133,711 +0.1%
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
18
Independent Members
18
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
6
$583,560
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BRINK PAST PRESIDENT 2.00
Director
$0 $0 $0
PETER J HENRY JR PRESIDENT 2.00
Officer Director
$0 $0 $0
KELLY BULLOCK DAUGHERTY EDD VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JEFFREY STARK TREASURER 2.00
Officer Director
$0 $0 $0
AARON EATMAN SECRETARY 2.00
Officer Director
$0 $0 $0
CHRISTOPHER HENN MEMBER 2.00
Director
$0 $0 $0
STEPHEN JENKINS MEMBER 2.00
Director
$0 $0 $0
DANIEL KAMINSKI MEMBER 2.00
Director
$0 $0 $0
NATHAN KELLY MEMBER 2.00
Director
$0 $0 $0
THOMAS KELLY MEMBER 2.00
Director
$0 $0 $0
MARIA RODAK MEMBER 2.00
Director
$0 $0 $0
AMY SALAPSKI MEMBER 2.00
Director
$0 $0 $0
JESSIE SHOWALTER MEMBER 2.00
Director
$0 $0 $0
JULIE ANN SWEET-BUNTIN MEMBER 2.00
Director
$0 $0 $0
STEVEN URICH MEMBER 2.00
Director
$0 $0 $0
DELANIE WEST MEMBER 2.00
Director
$0 $0 $0
SEAN ABRAMS MEMBER 2.00
Director
$0 $0 $0
SHARI DECARLO MEMBER 2.00
Director
$0 $0 $0
TAMARA HONKALA PRESIDENT / CEO 40.00
Officer
$0 $41,046 $379,736
BELINDA GRASSI CHIEF FINANCE OFFICER 40.00
Officer
$0 $22,036 $203,824
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 $300,090 $443,750 $640,769 $-143,660
2023 $280,144 $413,855 $664,368 $-133,711
2022 $357,362 $347,669 $699,163 $9,693
2021 $297,664 $377,592 $819,705 $-79,928
2018 $213,896 $355,333 No data $-141,437
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