Cherry Street Mission Ministries
Nonprofit profile at a glance
- EIN
- 341133369
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Toledo, OH, USA
- Phone
- 4192425141
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homeless Shelters
- Affiliation
- Christianity
Reported finances
- Revenue
- $6,464,918
- Expenses
- $7,668,421
- Assets
- $10,325,447
- Liabilities
- $1,523,036
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- ANN EBBERT (CEO)
- RACHEL GAGNON (PRESIDENT)
Highest reported compensation
- ANN EBBERT (CEO): $177,339 total reported compensation
- RACHEL GAGNON (PRESIDENT): $39,592 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Eradicate poverty: body (physical poverty), mind (soul poverty), and spirit (spiritual poverty). We take your support seriously. When you give to Cherry Street Mission Ministries, you are giving to an organization that is committed to using your resources wisely and efficiently. We operate with a lean staff, relaying on volunteer labor and donated goods whenever possible, and undergo voluntary audits every year. Quick Links Services & Resources. Sure, you know we’re serving up great food. But we’re also serving up great opportunities locally. For every donation, we’re providing a “Second Helping” for a neighbor in need. And you’re helping support Cherry Street and the culinary students who make everything fresh daily. Our mission is to feed whole neighborhoods – body, soul and spirit.** You’re making that happen. And for that, we can’t thank you enough. [](tel:567-661-0382).
What it reported doing in 2024
Work force development: cherry street mission's wfd program provides participants with educational opportunities for in-demand jobs that pay a livable wage in the state of Ohio. Programming includes ged preparations, math, reading, esl and digital literacy skills. Participants are given the opportunity to enroll in industry informed, job readiness training in the areas of office specialist, welding, tool and die, manufacturing production technician, automotive technician, culinary and building trades. Cherry street staff collaborate with each student to unlock potential, break down barriers, and create a more inclusive and prosperous environment where each can thrive. This support further includes securing identification, legal services, financial assistance, and soft skills development such as attendance, appearance, interpersonal, and customer service.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.2%; rating input score 91
- Program expense ratio: 76.5%; rating input score 77
- Fundraising efficiency: $7.64 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -18.6%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 1.35; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 0.7% per year; rating input score 100; 16th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 56th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 91.2% of revenue deployed · 76.5% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $5.9M in reported program spending
- Leadership: top reported pay $177K · 15 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $596K reported
- Consistency: 40 of 40 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 29/100.
- High — Sustainability: Operating margin scored 7/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.