CLEVELAND OPPORTUNITY FOUNDATION (EIN 851701615) - 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

2021

Legal Domicile

Principal Officer

MARY ELIZABETH EVANS

Phone

8643576330

Tax Period

2024-07-01 to 2025-06-30

CLEVELAND OPPORTUNITY FOUNDATION, founded in 2021, is a small nonprofit in the Education sector that reported $156K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $59K, a strong 38% operating margin.

Mission

THE MISSION OF THE CLEVELAND OPPORTUNITY FOUNDATION IS TO ENSURE THAT ALL STUDENTS AT THE CLEVELAND ACADEMY OF LEADERSHIP HAVE ACCESS TO HIGH QUALITY ACADEMIC AND EXTRA-CURRICULAR PROGRAMS THAT ENSURE THEY REACH THEIR HIGHEST POTENTIAL AND BECOME SUCCESSFUL AND PRODUCTIVE MEMBERS OF OUR COMMUNITY.

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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 $155,427

Program Service Revenue $0

Investment Income $9

Other Revenue $65

TOTAL REVENUE $155,501

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $93,055

Other Expenses $96,232

TOTAL EXPENSES $96,232

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,501	$134,599	+0.2%
Expenses	$96,232	$158,498	-0.4%
Net Income	$59,269	$-23,899	-3.5%

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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

105

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
MARY ELIZABETH EVANS	CHAIR	4.00	Officer Director	$0	$0	$0
VIRGINIA WOOD	SECRETARY	0.50	Officer Director	$0	$0	$0
MARCOS GOMEZ	TREASURER	3.00	Officer Director	$0	$0	$0
VALERIE BARNET	DIRECTOR	0.50	Director	$0	$0	$0
TERESA BERLINE	DIRECTOR	0.50	Director	$0	$0	$0
LISA CARROLL	DIRECTOR	0.50	Director	$0	$0	$0
MARQUICE CLARK	DIRECTOR	0.50	Director	$0	$0	$0
MOLLY COLBATH	DIRECTOR	4.00	Director	$0	$0	$0
LAURENCE FRITZ	DIRECTOR	0.50	Director	$0	$0	$0
JESSICA HOLCOMB	DIRECTOR	0.50	Director	$0	$0	$0
ANGELA JETER	DIRECTOR	0.50	Director	$0	$0	$0
MARGARETTE MILLER	DIRECTOR	0.50	Director	$0	$0	$0
ERIN STRICKLAND	DIRECTOR	0.50	Director	$0	$0	$0
TONY THOMAS	DIRECTOR	0.50	Director	$0	$0	$0
SHAWN WILSON	DIRECTOR	0.50	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	$155,501	$96,232	$140,735	$59,269
2024	$134,599	$158,498	$81,466	$-23,899
2023	$239,735	$237,759	$105,365	$1,976

CLEVELAND OPPORTUNITY FOUNDATION