Wayne County Community Foundation

Nonprofit profile at a glance

EIN
341281026
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Wooster, OH, USA
Phone
3302623877
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$18,873,146
Expenses
$9,814,335
Assets
$156,431,193
Liabilities
$24,539,600

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • BRENT R STEINER (PRESIDENT)
  • DEANNA TROUTMAN (VICE PRESIDENT)
  • MELANIE GARCIA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MELANIE GARCIA (EXECUTIVE DIRECTOR): $145,643 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the wayne county community foundation is to provide philanthropic leadership to the community of wayne county, Ohio. The three goals of the foundation are 1. To encourage individuals, organizations and businesses to share part of their resources for the good of the community. 2. To assist community charitable organizations in the creation and management of endowments. 3. To provide oversight of investment and disbursement of funds devoted to charitable purposes.

What it reported doing in 2024

The foundation is a tax-exempt community foundation, funded by donations from individuals, businesses, other non-profits, churches, civic entities and/or bequests from those who have existing or priorinterests in the greater wayne county area of Ohio. These monetarygifts are used for grant making for scholarships, community projects, and other charitable purposes that serve the interests of the greaterwayne county area of Ohio.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
  • 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. Some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 89
  • Accountability: 100
  • Sustainability: 89
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.5%; rating input score 82
  • Program expense ratio: 94.7%; rating input score 95
  • Fundraising efficiency: $61.07 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 95.8%; rating input score 96; 25th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: 48%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 15.94; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 1.5%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 10% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 81.5% of revenue deployed · 94.7% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $9.3M in reported program spending
  • Leadership: top reported pay $146K · 17 people listed
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 138 filed money-flow records
  • Related organizations: 138 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.