Ashland County Community Foundation

Ashland, Ohio - EIN 34-1812908 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Ashland County Community Foundation reported $9,438,242 in revenue and $4,330,231 in expenses in fiscal 2025, a surplus of $5,108,011 for the year. Program services took $3,312,620 of expenses, or 76.5%. The organization closed the year with $83,246,308 in net assets - about 230.7 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$9,438,242

Up 42.3% from $6,632,199 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$4,330,231

Revenue minus expenses: $5,108,011 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
76.5%

$3,312,620 of $4,330,231 went to program services.

NET ASSETS - END OF FISCAL 2025
$83,246,308

Total assets $105,021,055 minus total liabilities $21,774,747.

TOP EXECUTIVE PAY - FISCAL 2025
$194,837

James M Cutright, President/ce, as reported on the fiscal-2025 Form 990, filed May 15, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
8 Employees

Plus 20 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$3,312,620 (76.5%)
Fundraising$89,894 (2.1%)
Management and General$927,717 (21.4%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.02 - $89,894 in fundraising expenses divided by $5,061,281 in total contributions. On cash contributions only: $0.02.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$5,061,281
Of Which Cash Contributions$3,714,832
Of Which Donated Goods (Noncash)$1,346,449
All Other Contributions$5,061,281
Program Service Revenue$0
Investment Income$4,311,269
Other Revenue$65,692
Total Revenue (All Sources)$9,438,242
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.

Donated Goods Are a Large Share Here

For this organization, donated goods were $1,346,449 of $5,061,281 in contributions in fiscal 2025 - a large share of reported contributions is goods valued in dollars, not cash. The cash and noncash split is shown above, and any cost-to-raise-a-dollar figure is shown both ways.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

230.7 Months

of reserves - $83,246,308 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $360,852 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$105,021,055
Total Liabilities$21,774,747
Liabilities as Share of Assets20.7%
Net Assets$83,246,308

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
James M Cutright - President/ce$194,8374.50%
Kristin Aspin - COO / Ceo-De$112,4752.60%
Brittaney Reep - Chief Finan$78,8801.82%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 15, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

11 voting members, 11 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
James M CutrightPresident/ce
Kristin AspinCOO / Ceo-De
Brittaney ReepChief Finan
Dustin BeattieTrustee
Anne K CowenPast Chair
Vincent R CrewTrustee
Kathleen M DavisSecretary
Brian R HinkleVice Chair
Connie J MarbleTrustee
Dwight McElfreshChair
Kenneth MilliganTreasurer
Marcy J MyersTrustee
Brenda UseltonTrustee
Joann Ford WatsonTrustee

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence11 voting / 11 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $3,312,620 in grants paid in fiscal 2025.

Recipient, as ReportedAmount
Access
AGENCY, COMPETITIVE,
$101,729
Acts 4 Love
COMMUNITY GRANT
$6,150
Advocates For Families
COMMUNITY GRANT
$14,318
Appleseed Community Mental Health C
COMMUNITY GRANT
$37,306
Ashbrook Center At
DONOR DESIG, DAF
$16,220
Ashland All Sports Boosters
COMMUNITY GRANT
$5,234
Ashland Area Chamber
COMMUNITY GRANT
$8,500
Ashland Area Economic Development
DAF
$15,500
Ashland Balloonfest Inc
COMMUNITY GRANT
$6,519
Ashland Brookside Golf Course
DONOR DESIG, DAF
$16,784
Ashland Christian Health Center
COMMUNITY GRANT
$25,578
Ashland City Schools
ACCF GRANT PRGM, DAF
$204,734
Ashland City Schools Pto
DAF
$20,000
Ashland County Airport Authority
DAF
$10,000
Ashland County Cancer Association
COMMUNITY GRANT
$26,147
Ashland County Community Academy
COMMUNITY GRANT
$6,840
Ashland County Council On
COMMUNITY GRANTS
$7,500
Ashland County Dog
ANNUAL DIST, DAF
$7,625
Ashland County Park District
ANNUAL DIST, DAF
$91,644
Ashland County Sheriff'S Office
ANNUAL DIST, DAF
$8,600
Ashland County West Holmes
DNR. DESIG, DAF, COM
$6,382
Ashland Family YMCA
ANNUAL DIST, DAF
$200,456
Ashland First Church Of The
COMPTETIVE GRANTS
$5,375
Ashland Grace Church
DONOR DESIG
$7,197
Ashland Main Street
ANNUAL DIST, DAF
$13,822
Ashland Pregnancy Care Center
DAF
$12,603
Ashland Public Library
DONOR DESIG, DAF,
$5,029
Ashland Rotary Service Foundation
DAF, COMPETITIVE
$12,000
Ashland Schine'S Theatre
DAF, COMPETITIVE
$25,250
Ashland Soil & Water Conservation
COMMUNITY GRANT
$8,000
Ashland Special Needs Ministry
COMMUNITY GRANT, DAF
$29,594
Ashland Symphony Orchestra
ANNUAL DIST, DAF
$75,028
Ashland Theological Seminary
DAF GRANT
$25,994
Ashland University
ANNUAL DIST, DAF
$118,410
Ashland Youth Baseball Association
COMPETITIVE, DAF
$10,550
Ashland Youth Football League
COMPETITIVE, DAF
$9,250
Associated Charities
ANNUAL DIST, DAF
$35,590
Brethren Care Village
ANNUAL DIST
$17,902
Catholic Charities Corporation
DAF, COMM GRANT
$9,250
City Of Ashland
ANNUAL DIST, DAF
$21,221
Clear Creek Township
COMPETITIVE GRANT
$7,500
Crestview Youth Cheerleading League
DAF, COMPETITIVE
$5,600
Cypress Church
DAF
$18,000
Firelands Ambulance Service
DAF, COMPETITIVE
$16,500
First Christian Church
ANNUAL DISTRIBUTION
$5,493
First Christian Church Of Canton
ANNUAL DISTRIBUTION
$5,623
First Presbyterian Church
ANNUAL DIST
$30,201
First United Methodist Church
COMMUNITY GRANT
$9,618
Fostering Family Ministries
COMMUNITY GRANT
$9,500
Foundations Community Childcare
DAF, PASS THROUGH
$140,990
Friendly House
SUPPORTING ORG GRANT
$20,000
Hayesville Fire Department
GOV
$10,000
Hayesville Lions Club
PASS THROUGH
$6,317
Hayesville Opera House
COMPETITIVE GRANTS
$17,500
Hillsdale Local School District
ANNUAL & COMM GRANT
$39,787
Hospice Of North Central Ohio
ANNUAL DIST
$15,568
Jobs For Ohio'S Graduates
COMPETITIVE GRANTS
$12,500
Joy Of Living Camp
DAF
$20,000
Junior Achievement
COMMUNITY GRANT, DAF
$11,000
Kellys Island Ems
GOV
$30,000
Lifeact
COMPETITIVE GRANTS
$10,000
Loudonville Ffa Alumni & Supporters
COMMUNITY GRANT
$5,500
Loudonville Lions Club
COMMUNITY GRANT
$7,500
Loudonville-Mohican Chamber
ANNUAL DISTRIBUTION
$5,479
Loudonville-Perrysville Exempted
ANNUAL & COMM DIST
$9,182
Mapleton Local Schools
ANNUAL DIST, COMM GR
$28,457
Mental Health & Recovery Board
ANNUAL DISTRIBUTION
$8,587
Nankin Community Church
COMPETITIVE GRANT
$5,650
No Paws Left Behind
DAF
$5,800
North Central State College
COMMUNITY GRANT, DAF
$12,000
North Naples Church
DAF
$14,000
Nova Community United Methodist
COMPETITIVE GRANT
$10,000
Nuhop Center For Experiential
COMMUNITY GRANT
$45,223
Ohio Bereavement Collaborative
COMPETITIVE, DAF
$8,000
Ohio Bird Sanctuary
SUPPORTING ORG
$50,250
Other Miscellaneous Organizations$75,645
Park Street Brethren Church
COMPETITIVE, DAF
$33,971
Pathfinder Farms
DONOR ADVISED, COMM
$36,500
Peace Evangelical Lutheran Church
ANNUAL DISTRIBUTION
$7,639
Rape Crisis Domestic Violence Safe
ANNUAL DISTRIBUTION
$36,518
Replay For Kids
COMPETITIVE GRANT, D
$12,000
Richland Academy Of The Arts
SUPPORTING ORG
$125,000
Ronald McDonald House Charities
COMPETITIVE GRANT, D
$5,500
Samaritan Hospital Foundation
ANNUAL DISTRIBUTIONS
$5,260
Samaritan'S Purse
DAF
$10,500
St Dominic School
DAF
$10,000
St Edward Parish
ANNUAL DIST
$14,978
St Edward School
DONOR DESIG, DAF
$27,454
Sullivan Fire And Rescue
COMMUNITY GRANT
$5,703
Taking Root Farms
PASS-THROUGH, ANNUAL
$7,305
The American Red Cross Chapter Of
ANNUAL DISTRIBUTIONS
$5,823
The Cat House Feiline Sanctuary Inc
PASS-THROUGH, ANNUAL
$34,341
The Ground Truth Projectreport For
DAF
$15,000
The Salvation Army
ANNUAL DIST, COMM
$172,731
The Society For Handicapped Citizen
COMMUNITY GRANT, DAF
$6,168
The YMCA Of North Central Ohio
DAF
$7,500
Third Street Family Health Services
COMPETITIVE GRANT
$20,783
Trinity Lutheran Church
ANNUAL DIST, DAF
$36,408
United Church Residences Of
COMMUNITY GRANT
$15,500
United Way Of Ashland County
ANNUAL DIST, DAF
$59,163
United Way Of Richland County
SUPPORTING ORG
$9,000
United Community Club Districts
COMPETITIVE GRANT
$10,000

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$6,632,199-
Fiscal 2025$9,438,242+42.3%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jul 1, 2024 - Jun 30, 2025Form 990In Force - Filed May 15, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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