COLOMBOS CHARITABLE FOUNDATION

EIN: 825349311 501(c)(3) Education

BOWLING GREEN, OH

Total Revenue
$439,958
Total Expenses
$406,157
Total Assets
$3,103,154
Net Assets
$265,849
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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
2018
Legal Domicile
OH
Tax Period
2023-01-01 to 2023-12-31

COLOMBOS CHARITABLE FOUNDATION, founded in 2018, is a small nonprofit in the Education sector that reported $440K in total revenue in fiscal year 2023. Expenses of $406K left a modest 8% surplus.

Mission

EDUCATE BOWLING GREEN STATE UNIVERISTY BGSU STUDENTS BY PROVIDING PRACTICAL EXPERIENCE AND KNOWLEDGE IN THE FIELD OF REAL ESTATE.DEVELOP ENTREPRENEURSHIP AND LEADERSHIP SKILLS THROUGH REAL BUSINESS ENVIRONMENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $439,958
Investment Income $0
Other Revenue $0
TOTAL REVENUE $439,958

Expense Breakdown

Grants Paid $45,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $402,089
Other Expenses $361,157
TOTAL EXPENSES $406,157

Year-over-Year Comparison

2023 2022 Change
Revenue $439,958 $439,347 +0.0%
Expenses $406,157 $347,692 +0.2%
Net Income $33,801 $91,655 -0.6%
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
4
Independent Members
4
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS NONEMAN DIRECTOR 0.00
Director
$0 $0 $0
ALLEN GREEN DIRECTOR 0.00
Director
$0 $0 $0
JOSEPH CONDA PRESIDENT 0.00
Officer Director
$0 $0 $0
ROBERT MAURER SECRETARY TREAS 0.00
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
2024 No data No data No data No data
2023 $439,958 $406,157 $3,103,154 $33,801
2022 $439,347 $347,692 $2,122,627 $91,655
2021 $329,308 $341,765 $1,788,339 $-12,457
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