Slavic Village Development
Nonprofit profile at a glance
- EIN
- 341344279
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Cleveland, OH, USA
- Phone
- 2164291182
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $2,242,368
- Expenses
- $2,183,217
- Assets
- $2,120,943
- Liabilities
- $340,047
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- DOC WARR (PRESIDENT)
Highest reported compensation
- SHAUNA SANDERS (EXECUTIVE DI): $84,090 total reported compensation
- ROB STUNEK (CONTROLLER): $50,266 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Slavic village development works with and for its residents, businesses, and instituions to promote civic engagement, community empowerment, and neighborhood investment.
What it reported doing in 2024
Slavic village development (svd) is a non-profit organization whose missions is to work with and for its residents, businesses, and institutions to promote civic engagement, community empowerment, and neighborhood investment. This is accomplished through three goals: 1. Svd is an engaged, inclusive and proactive champion empowering its residents and businesses. 2. Svd partners with residents and businesses to improve the slavic village neighborhood through advocacy and promotion. 3. Svd builds slavic village as a welcoming place where families and businesses can thrive. The development of housing is a core function of svd. Over the past year: - three formerly vacant and abandoned homes were rehabilitated through the neighbors invest in broadway and slavic village recovery programs. - 158 households received rental, utility, or emergency housing assistance through svd - 320,000 in direct housing rehab aid was provided by svd svd works to create jobs and economic opportunities. Over the course of the past year - eight local businesses were created, moved into or expanded their business in the neighborhood. Creating over 20 local new jobs - four commercial buildings received funding to improve the exterior of their commercial building - 12 other projects received assistance through zoning or design review
Operating model
- Revenue model
- Donor-supported. 76% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some related-organization disclosures are missing and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 42
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.7%; rating input score 90
- Program expense ratio: 92.2%; rating input score 92
- Fundraising efficiency: $180.84 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.6%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 6.2%; rating input score 46; 46th percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 28th percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: -4.1% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 89.7% of revenue deployed · 92.2% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $84K · 13 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors and related organizations
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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 — Transparency & Controls: Related-party transparency scored 0/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- Moderate — Sustainability: Officer compensation ratio scored 46/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.