Metzenbaum Foundation is located in Chesterland, OH. The organization was established in 2007. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Metzenbaum Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metzenbaum Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Metzenbaum Foundation generated $493.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $489.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF LIFE FOR GEAUGA COUNTY CITIZENS WITH DEVELOPMENTAL DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP CONTRIBUTE TO A BETTER QUALITY OF LIFE FOR THEIR CLIENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Schmidt Chairman | OfficerTrustee | 2 | $0 |
Ted Gedeon Vice Chair | OfficerTrustee | 1 | $0 |
Gary Sigman Treasurer | OfficerTrustee | 1 | $0 |
Nan Warholic Trustee | Trustee | 1 | $0 |
W Waldbauer Trustee | Trustee | 1 | $0 |
Tom Obrien Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $390,000 |
All other contributions, gifts, grants, and similar amounts not included above | $2,001 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $392,001 |
Total Program Service Revenue | $0 |
Investment income | $29,372 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $10,828 |
Net Income from Fundraising Events | -$765 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $493,861 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $325,218 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $109,002 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $21,340 |
Payroll taxes | $8,339 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,518 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,268 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $196 |
Insurance | $1,418 |
All other expenses | $11,082 |
Total functional expenses | $489,881 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $981,016 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $490 |
Investments—publicly traded securities | $1,940,364 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,954 |
Total assets | $2,924,824 |
Accounts payable and accrued expenses | $462,689 |
Grants payable | $3,318 |
Deferred revenue | $350,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $816,007 |
Net assets without donor restrictions | $1,303,782 |
Net assets with donor restrictions | $805,035 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,924,824 |
Over the last fiscal year, we have identified 1 grants that Metzenbaum Foundation has recieved totaling $1,500.
Awarding Organization | Amount |
---|---|
Good Shepherd Foundation Of Ohio Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $1,500 |
Organization Name | Assets | Revenue |
---|---|---|
Turning Points For Children Philadelphia, PA | $49,075,504 | $61,666,968 |
Wesley Family Services Pittsburgh, PA | $21,969,339 | $57,226,294 |
Lutheran Homes Society Inc Toledo, OH | $40,056,838 | $54,580,656 |
Starfish Family Services Inc Inkster, MI | $15,933,160 | $46,429,457 |
Family Design Resources Inc Harrisburg, PA | $4,656,695 | $25,423,383 |
Bethany Christian Services Inc Grand Rapids, MI | $68,418,371 | $21,710,387 |
Family Service Of Montgomery County Pa Eagleville, PA | $9,146,267 | $22,707,585 |
Holy Family Institute Pittsburgh, PA | $17,575,191 | $23,440,748 |
Jewish Family Service West Bloomfield, MI | $22,562,152 | $20,219,121 |
Pai Corporation Lancaster, PA | $12,679,762 | $21,317,608 |
Burlington United Methodist Family Services Inc Burlington, WV | $36,434,760 | $22,163,964 |
Arbor Circle Corporation Grand Rapids, MI | $11,236,854 | $17,704,356 |