CLEVELAND HUMANITIES MAGNET PARENT… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

LEAH ISAACS

Phone

8188852342

Tax Period

2022-07-01 to 2023-06-30

CLEVELAND HUMANITIES MAGNET PARENT ASSOCIATION, founded in 2018, is a micro nonprofit in the Education sector that reported $69K in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring. Net assets of $219K represent 38 months of operating reserves.

Mission

TO CONDUCT CHARITABLE AND EDUCATIONL ACTIVITIES RELATED TO CLEVELAND HIGH SCHOOL

Program Service Accomplishments

Program 1

Expenses: $39,270

FUNDRAISERS AND DONATIONS TO GIVE SCHOLARSHIPS TO GRADUATING SENIORS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $73,602

Program Service Revenue $0

Investment Income $499

Other Revenue $-5,501

TOTAL REVENUE $68,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $10,879

Program Expenses $39,270

Other Expenses $74,383

TOTAL EXPENSES $74,383

Year-over-Year Comparison

	2022	2021	Change
Revenue	$68,600	$115,129	-0.4%
Expenses	$74,383	$77,452	0.0%
Net Income	$-5,783	$37,677	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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	Role	Reportable Comp	Other Comp	Total
KIM SHWARZ	President	Director	$0	$0	$0
VIOLETTA ALARCON	Vice President	Director	$0	$0	$0
LEAH ISAACS	Treasurer	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
2023	$68,600	$74,383	$226,069	$-5,783
2022	$115,129	$77,452	$231,852	$37,677
2021	$85,681	$55,881	$201,825	$29,800
2020	$104,584	$83,299	$172,025	$21,285

CLEVELAND HUMANITIES MAGNET PARENT ASSOCIATION