NORDONIA HILLS SCHOOLS SCHOLARSHIP GRANTING ASSOCIATION

EIN: 922756655 501(c)(3) Education

NORTHFIELD CENTER, OH

Total Revenue
$269,776
Total Expenses
$101,891
Total Assets
$264,064
Net Assets
$264,064
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
OH
Principal Officer
CHAD LAHRMER
Phone
2165369357
Tax Period
2024-07-01 to 2025-06-30

NORDONIA HILLS SCHOOLS SCHOLARSHIP GRANTING ASSOCIATION, founded in 2023, is a small nonprofit in the Education sector that reported $270K in total revenue in fiscal year 2024. Revenue surged 185% from the prior year, signaling strong growth momentum. The organization ran a surplus of $168K, a strong 62% operating margin.

Mission

THE CORPORATION'S MISSION STATEMENT SHALL BE TO: 1) PRIMARILY AWARD ACADEMIC SCHOLARSHIPS FOR STUDENTS IN GRADE KINDERGARTEN, TO ATTEND THE NORDONIA HILLS CITY SCHOOL DISTRICT IN NORTHFIELD, OH, WITH PRIORITAZATION OF AWARDING ACADEMIC SCHOLARSHIPS TO LOW-INCOME STUDENTS, AS THOSE TERMS MAY NOW OR IN THE FUTURE BE DEFINED UNDER SGO LAWS; AND 2) PRIMARILY AWARD ACADEMIC SCHOLARSHIPS TO PAY THE TUITION FOR ANY CONSUMABLE FEES AND PARTICIPATION FEES FOR STUDENTS IN GRADES KINDERGARTEN THROUGH 12 WHO ATTEND THE NORDONIA HILLS CITY SCHOOL DISTRICT, WITH PRIORITAZATION OF AWARDING ACADEMIC SCHOLARSHIPS TO LOW-INCOME STUDENTS, AS PERMITTED BY SGO LAWS; AND 3) BENEFIT AND SUPPORT THE CHARITABLE PURPOSES AND ACTIVITIES OF THE NORDONIA HILLS CITY SCHOOL DISTRICT BY AND THROUGH ITS GRANTING OF SCHOLARSHIPS WITH PRIORITY TO LOW-INCOME STUDENTS WHO ATTEND THE SCHOOL PURSUANT TO SGO LAWS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $269,776
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $269,776

Expense Breakdown

Grants Paid $95,350
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $95,350
Other Expenses $6,541
TOTAL EXPENSES $101,891

Year-over-Year Comparison

2024 2023 Change
Revenue $269,776 $94,739 +1.8%
Expenses $101,891 $14,695 +5.9%
Net Income $167,885 $80,044 +1.1%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD LAHRMER TREASURER 2.00
Officer Director
$0 $0 $0
LESLIE LAHRMER SECRETARY 1.00
Officer Director
$0 $0 $0
DAYLE LAHRMER PRESIDENT 1.00
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
2025 $269,776 $101,891 $264,064 $167,885
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NORDONIA HILLS SCHOOLS SCHOLARSHIP GRANTING ASSOCIATION with other nonprofits in Ohio and across the country.