COHESION FOUNDATION INC (EIN 881525390) - 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

2022

Legal Domicile

Principal Officer

DOMINIC J BAGNOLI JR

Phone

6147462544

Tax Period

2023-01-01 to 2023-12-31

COHESION FOUNDATION INC, founded in 2022, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 40% operating deficit.

Mission

PROVIDE FREE FUNDRAISING AND MARKETING ASSISTANCE TO CENTRAL OHIO CHARITIES AND EDUCATE AND PROVIDE PHILANTHROPIC OPPORTUNITIES TO OHIO STATE STUDENT ATHLETES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,013,322

Program Service Revenue $0

Investment Income $13,454

Other Revenue $100,557

TOTAL REVENUE $1,127,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,939

Fundraising Expenses $38,370

Program Expenses $1,406,509

Other Expenses $1,485,612

TOTAL EXPENSES $1,579,551

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,127,333	$1,494,302	-0.2%
Expenses	$1,579,551	$548,302	+1.9%
Net Income	$-452,218	$946,000	-1.5%

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

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
ZACH BOREN	TRUSTEE	2.00	Director	$0	$0	$0
ADAM GRIFFIN	TRUSTEE	2.00	Director	$0	$0	$0
JEFF HEUERMAN	TRUSTEE	2.00	Director	$0	$0	$0
DOMINIC J BAGNOLI JR	CHAIRMAN	2.00	Director	$0	$0	$0
JOHN H MCCONNELL	TRUSTEE	2.00	Director	$0	$0	$0
KEITH SHUMATE	TREASURER	2.00	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	$1,127,333	$1,579,551	$493,782	$-452,218
2022	$1,494,302	$548,302	$946,000	$946,000

COHESION FOUNDATION INC