First Suburbs Consortium Development Council
Nonprofit profile at a glance
- EIN
- 300147364
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990 2021, Form 990-EZ 2022
- Location
- Bedford, OH, USA
- Phone
- 4407356520
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $43,981
- Expenses
- $67,276
- Assets
- $12,085
- Liabilities
- $5,855
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- MATT MADZY (President)
- MARY KAY COSTELLO (Vice President)
People named in this filing
- NATHAN KELLY (Director)
- RAYMON TURNER (Director)
- JOE SEBES (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Economic community development of CLE1st ring suburbs
What it reported doing in 2022
Continued work on First Suburbs Code Enforcement Software Pilot NEO Advanced Energy District
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.2%; rating input score 80
- Program expense ratio: 52.4%; rating input score 52
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -53%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: -20.7% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 80.2% of revenue deployed · 52.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $35K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.