Civic Intelligence

The Bobby Tripodi Foundation Inc

990 • Fiscal year 2016 • EIN 34-1945499

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 29, 2017

PO Box 31555Independence, OH 44131

(216) 524-3787

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.07x

Higher debt load relative to assets than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.11x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

42nd percentile

0.0%

Higher net margin than 42% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$95,147

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

63rd percentile

5.4%

Faster asset growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Revenue Growth

54th percentile

4.4%

Faster revenue growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Assets

Up

$2,608,418

Up $259,072 (+11%) from 2014

Net Assets

Up

$2,429,254

Up $214,120 (+9.7%) from 2014

Liabilities

Up

$179,164

Up $44,952 (+33%) from 2014

Revenue

Up

$1,620,521

Up $134,159 (+9.0%) from 2014

Expenses

Up

$1,619,982

Up $251,803 (+18%) from 2014

Net Income

Down

$539

Down $117,644 (-100%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $2,222,820Liabilities 2010: $0Net Assets 2010: $2,222,8202010Assets 2011: $2,428,235Liabilities 2011: $27,634Net Assets 2011: $2,400,6012011Assets 2012: $2,138,841Liabilities 2012: $75,595Net Assets 2012: $2,063,2462012Assets 2013: $2,265,332Liabilities 2013: $168,382Net Assets 2013: $2,096,9502013Assets 2014: $2,349,346Liabilities 2014: $134,212Net Assets 2014: $2,215,1342014Assets 2016: $2,608,418Liabilities 2016: $179,164Net Assets 2016: $2,429,2542016Assets 2017: $2,706,690Liabilities 2017: $132,616Net Assets 2017: $2,574,0742017Assets 2018: $2,806,716Liabilities 2018: $135,951Net Assets 2018: $2,670,7652018Assets 2020: $4,475,880Liabilities 2020: $185,013Net Assets 2020: $4,290,8672020Assets 2021: $6,164,304Liabilities 2021: $177,729Net Assets 2021: $5,986,5752021Assets 2022: $6,515,367Liabilities 2022: $268,031Net Assets 2022: $6,247,3362022Assets 2023: $8,266,174Liabilities 2023: $784,218Net Assets 2023: $7,481,9562023Assets 2024: $8,884,829Liabilities 2024: $973,082Net Assets 2024: $7,911,7472024

Highlighted filing

2016

Assets$2,608,418
Liabilities$179,164
Net Assets$2,429,254

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2010: $735,7692010Expenses 2011: $931,1522011Expenses 2012: $1,279,3142012Revenue 2013: $1,453,412Expenses 2013: $1,451,915Net Income 2013: $1,4972013Revenue 2014: $1,486,362Expenses 2014: $1,368,179Net Income 2014: $118,1832014Revenue 2016: $1,620,521Expenses 2016: $1,619,982Net Income 2016: $5392016Revenue 2017: $1,914,175Expenses 2017: $1,769,355Net Income 2017: $144,8202017Revenue 2018: $2,127,726Expenses 2018: $2,031,035Net Income 2018: $96,6912018Revenue 2020: $2,894,365Expenses 2020: $1,824,866Net Income 2020: $1,069,4992020Revenue 2021: $3,866,660Expenses 2021: $2,157,901Net Income 2021: $1,708,7592021Revenue 2022: $3,358,091Expenses 2022: $2,903,716Net Income 2022: $454,3752022Revenue 2023: $4,728,158Expenses 2023: $3,687,728Net Income 2023: $1,040,4302023Revenue 2024: $4,889,845Expenses 2024: $4,466,782Net Income 2024: $423,0632024

Highlighted filing

2016

Revenue$1,620,521
Expenses$1,619,982
Net Income$539
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 29, 2017
Return Version
2016v3.0
Gross Receipts
$1,803,477
Mission and Program Overview

Mission

The Bobby Tripodi Foundation, Inc., dba Cornerstone of Hope Cornerstone the Organization was incorporated in 2003 as a non-profit organization, for the purpose of providing support, education and hope for the grieving. The Organization serves families in Northeastern Ohio, Columbus and Lima, Ohio.

The Bobby Tripodi Foundation, Inc., dba Cornerstone of Hope Cornerstone the Organization was incorporated in 2003 as a non-profit organization, for the purpose of providing support, education and hope for the grievin

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,111,862$2,083,794▼ $28,068
Cash and Non-Interest-Bearing Accounts$396,107$371,160▼ $24,947
Savings and Temporary Cash Investments$84,961$85,215▲ $254
Accounts Receivable$15,167$54,595▲ $39,428
Prepaid Expenses and Deferred Charges$10,837$13,654▲ $2,817
Total Assets$2,618,934$2,608,418▼ $10,516
Liabilities
Mortgage Notes Payable Secured by Investment Property$112,788$102,172▼ $10,616
Accounts Payable and Accrued Expenses$77,431$76,992▼ $439
Total Liabilities$190,219$179,164▼ $11,055
Net Assets / Fund Balance
Unrestricted Net Assets$2,385,203$2,420,754▲ $35,551
Temporarily Rstr Net Assets$43,512$8,500▼ $35,012
Total Net Assets Fund Balance$2,428,715$2,429,254▲ $539
Total Liabilities and Net Assets / Fund Balance$2,618,934$2,608,418▼ $10,516

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,602,630$97,024$1,699,654
Land$370,200-$370,200
Equipment$50,853$40,364$91,217
Leasehold Improvements$42,510$10,660$53,170
Other Land Buildings$17,601$15,629$33,230
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark TripodiFounder/CEOFT$92,387$2,760$95,147
Revenue and Support

Revenue Composition

Contributions and Grants
$1,201,397
Program Service Revenue
$241,510
Investment Income
$687
Other Revenue
$176,927
All Other Contributions
$717,849
Change in Net Assets
$539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,003,583
Other Expenses$616,399
Total Fundraising Expense$167,392
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$590,331$55,269$70,056$715,656
Other Expenses$143,198$31,000$51,762$174,198
Other Employee Benefits$79,673$14,358$10,168$104,199
Current Officers, Directors, Trustees, and Key Employees$28,545$57,088$9,514$95,147
Payroll Taxes$58,598$10,560$7,478$76,636
Office Expenses$57,184$11,436$7,625$76,245
Occupancy$61,265--$61,265
Depreciation Depletion$46,605$8,224-$54,829
Travel$31,297$1,750$5,925$38,972
All Other Expenses$1,329$16,371$4,147$21,847
Insurance$18,961$1,304-$20,265
Pension Plan Contributions$10,216$1,012$717$11,945
Total Functional Expenses$1,240,396$212,194$167,392$1,619,982
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$359,883
Fundraising Direct Expenses$182,956
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$519,078$129,769$40,708$89,061
Sawmill golf outing$114,233$79,963$32,187$47,776
Total Events$843,431$359,883$182,956$176,927
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Christi Tripodi, a member of the Board of Directors is the wife of Mark Tripodi, Executive Director. Tom Futey and Kathy Futey, members of the Board of Directors, are husband and wife.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed and approved by the Board of Directors, Finance and Executive Committee prior to submission.

Form 990, Part VI, Section B, Line 12C

All Board members are required to disclose conflicts of interest as they arise.

Form 990, Part VI, Section B, Line 15B

The Board of Directors approves the compensation to the Executive Director.

Form 990, Part VI, Section C, Line 19

The Organization makes its governing documents, conflicts of interest policy, and financial statements available upon request and on another website.

Filing and Contact Details

Filer

Filer Name
The Bobby Tripodi Foundation Inc
EIN
34-1945499
Phone
2165243787
Address
PO Box 31555, Independence, OH 44131
Doing Business As
Cornerstone of Hope

Signing Officer

Name
Mark Tripodi
Title
Executive Director
Signed
2017-06-29
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Ok
Voting Board Members
26
Independent Board Members
26
Employees
27
Volunteers
187

Preparer

Firm
Laura J MacDonald CPA Inc
Address
135 North Broadway, Medina, OH 44256
Preparer
Laura J MacDonald
Phone
3307221944
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

SUPPORT GROUPS - Our support groups consist of weekly, monthly and specialty support groups as follows Weekly Support Groups Phase 1 Phase one of the support groups is a closed 10-week educational and interactive program that is led by a licensed clinician or qualified professional. In this phase, telling your personal story, sharing your loved ones life, and expressing any feelings to the group is encouraged. These groups are separated by age of the participant and by type of loss. We offer the following support groups by type of loss suicide, murder, accidental overdose, military, young widows, loss of spouse, loss of adult child, neo-natal or early infant loss, loss of child, and traumatic death. We continually offer more specific groups based upon the needs of the community. Monthly Support Groups Phase 2 Phase two of the support group process is a professionally led monthly support group where new members meet for an ongoing period of time, based on their needs. Usual topics are dealing with upcoming holidays or special anniversary dates, coping with getting back to work, loneliness, or the stress of raising a family. We have also added a family workshop series that uses creative and expressive arts to effectively process their grief and memorialize their loved one. Specialty Groups Weekly/Phase 2 Movie support group, bible study groups, photo therapy groups and other weekly series grief support groups are offered quarterly to allow participants to experience other methods and learning styles to be able to cope with their grief. Participants need to have completed a phase one group prior to joining a phase 2 group. As with most of our groups, phase two groups utilize the expressive arts as interventions. Social Support Groups Phase 3 Phase three is a social monthly group that is peer led. By this stage we really are encouraging our group members to find purpose and meaning in their new and changed life. Guest speakers are common, and a more casual setting is the mood. We also encourage those who are interested to consider giving back to Cornerstone of Hope to help other families through the process. In all phases, individuals receive empathy from others who have suffered similar life changing events. The group members form new and lasting friendships as they are now accepted for the person they are now, not who they used to be. In addition to groups, Cornerstone of Hope offers individual grief counseling with a Masters prepared clinician. For clients experiencing a traumatic loss, EMDR is the modality of choice. EMDR is a proven intervention that re-trains the brain to process trauma with much less negative side effects, and enables clients to then begin the grief process. Cornerstone of Hope offers several memorial programs throughout the year. In June, we have a Butterfly release program where participants release a butterfly in honor of their loved one. October 15th is National Infant Loss day, and we commemorate the babies by lighting a candle in their memory. In December we have our Christmas Candle Lighting program, where we honor our loved ones with a memorial program, and a candle with our loved ones photo on it. Cornerstone of Hope responds to crisis calls in businesses and schools when there is a death in the community. Our trained responders provide hope and support in the most tragic of circumstances. Lastly, we have several educational programs each month, providing continuing education credits to licensed professionals social workers, counselors, nurses, funeral directors, etc.. Grief related topics are presented for professionals in the community.

Form 990, Part III, Line 4B

CAMPS Cornerstone offers several camps for grieving children and teens, as follows Camp Erin Camp Erin is a free weekend camp for grieving children and teens ages 8-17. The goal of the camp is to provide our bereaved youth the opportunity to cultivate new friendships with peers who are struggling with a similar journey in life and life after the death of a loved one. The campers learn positive coping skills and how to use their unique strengths to ultimately transform their pain into a life of purpose. Camp Cornerstone Camp Cornerstone is a free day camp for grieving children and teens ages 6 -14. Sometimes grieving children feel like they are so alone in their grief, that is, until they gather with their peers who are also grieving. Camp Cornerstone provides a balance of social activity, memory building, education and reflection on their grief experience so that positive decision making can be made in the future when the stress of grief can be overwhelming. Camp Heroes Camp Heroes is a free day camp for grieving children and teens ages 8-17 who live in the inner city of Cleveland. This group is intended for children to bond with their peers in their neighborhoods so they have trusted and healthy friends to cope with their grief. This particular camp also includes various team building activities so that the youth learn positive coping skills. We teach them the importance of expressing their emotions and negative impact of drugs, violence, and gangs. Camp Memory Camp Memory is a day camp held at Cornerstone of Hope in Columbus, Ohio, for children who have experienced the loss of a loved one. The camp takes place over the course of three days and is specifically designed for children who are between the ages of 6 and 13 years old. Camp Memory utilizes a variety of therapeutic play, art, and writing activities that help children share their grief experiences in fun and creative ways.

Form 990, Part III, Line 4D

Individual Art Therapy One-hour art therapy sessions are for children, teenagers, and adults where they are encouraged to express their grief using art and expressive therapy while being guided by our professional staff. Each client has an alternate access to unleash the feelings of helplessness and pain that they may not have been able to verbalize. Each client also has artistic proof of progress. Individual Counseling Cornerstone offers individual and family consultations. The purpose of these sessions is to offer a listening ear to intimate detail surrounding the death, guide them through various expressive therapies, and gain a detailed assessment to determine the best plan of action for each and every individual or family. School-crisis Intervention / Continual Care Cornerstone responds to calls from Cuyahoga county schools when a death of a student, teacher, or staff member occurs. The team works with school administrators to implement critical action steps such as assessing at risk students, classroom interventions, and debriefing. Aftercare includes individual consultation, support groups, and classroom workshops to support students in gaining understanding and healing while grieving. Special Activities / Events Journaling classes create a safe environment for individuals to share memories, gain clarity, and help facilitate their personal journey of grief. Guest Speakers tell their stories. Participants listen to personal witnesses of hope while gaining purpose and meaning into your own life after experiencing the death of a loved one. Memorial events such as the Christmas Candlelight Ceremony honor our loved ones during the holiday season and springtime butterfly release to remember those who have died. Scrapbooking create a lasting memory of a loved one to pass on through family generations. Pampering day, for women only, is an annual event where grieving women are taken care of for a change nails, hair, exercise, massage, and more, all free, all day event. Monthly Family Workshops / Social Outings where families are given a reason to smile again at our annual hayride, Christmas Ornament Workshop, Easter Pancake Breakfast, and other scheduled events that give grieving families an opportunity to experience joy again. Referrals Cornerstones mission is to not provide long-term clinical counseling for more complicated situations. In the event that an individual needs more specialized care, Cornerstone will offer referrals so the individual can receive the appropriate attention. Bible Study Support Group after our clients attend an 8-week support group, those who want to learn more about the Holy Bible and utilize scripture to make sense of their suffering attend this support group series. Cornerstone of Hope was founded upon Christian principles and offers optional Christian programming to those who desire this type of program. Photo Therapy Support Group After our clients attend an 8-week support group, we invite those who are interested to attend a secondary phase II group. This group continues to focus on the emotions of grief, positive coping skills education and encouragement to transform your life after a devastating loss by a unique intervention-photography. Participants are able to utilize their creativity to help them process their grief and provide meaning for their forever changed life. Cinema Therapy Support Group After our clients attend an 8-week support group, we invite those who are interested to attend a secondary phase II group. This group continues to focus on coping skills, education, and encouragement to transform your life after a devastating loss by a unique intervention - the movies. Participants watch full length feature films that have a grief focus, process in a group setting after the movie, share their perspectives and insights about the characters and how they relate to their real life situation. Resource Center This is a combination of a lending library, gift shop, and creative idea section

Financial Statement Notes

X 2

The Bobby Tripodi Foundation, Inc. is a private non-profit corporation and is exempt from income taxes under Section 501c3 of the Internal Revenue Code. None of the Organizations present or anticipated future activities are subject to taxation as unrelated business income. Therefore, no provision for income taxes has been made in the accompanying financial statements.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Michael Neff
IRS990/Form990PartVIISectionAGrp/PersonNm1Judith Matsko
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IRS990/Form990PartVIISectionAGrp/PersonNm5Timothy Clepper
IRS990/Form990PartVIISectionAGrp/PersonNm6Jay Definis
IRS990/Form990PartVIISectionAGrp/PersonNm7Kathy Futey
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IRS990/Form990PartVIISectionAGrp/PersonNm9Cynthia Haire
IRS990/Form990PartVIISectionAGrp/PersonNm10Missy Hayes
IRS990/Form990PartVIISectionAGrp/PersonNm11Wendy Komac
IRS990/Form990PartVIISectionAGrp/PersonNm12Alec G Kulik
IRS990/Form990PartVIISectionAGrp/PersonNm13Bobbie Lindenbaum
IRS990/Form990PartVIISectionAGrp/PersonNm14Willie Littlejohn
IRS990/Form990PartVIISectionAGrp/PersonNm15Laurie Malone
IRS990/Form990PartVIISectionAGrp/PersonNm16Joan Maser
IRS990/Form990PartVIISectionAGrp/PersonNm17Jim Milano
IRS990/Form990PartVIISectionAGrp/PersonNm18Brian T Nowak CLU CLF
IRS990/Form990PartVIISectionAGrp/PersonNm19Wayne Ostrosky
IRS990/Form990PartVIISectionAGrp/PersonNm20Jason Palus
IRS990/Form990PartVIISectionAGrp/PersonNm21Casey Rasata
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IRS990/Form990PartVIISectionAGrp/PersonNm26Mark Tripodi
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IRS990/MissionDesc0The Bobby Tripodi Foundation, Inc., dba Cornerstone of Hope Cornerstone the Organization was incorporated in 2003 as a non-profit organization, for the purpose of providing support, education and hope for the grieving. The Organization serves families in Northeastern Ohio, Columbus and Lima, Ohio.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CAMPS Cornerstone offers several camps for grieving children and teens, as follows Camp Erin Camp Erin is a free weekend camp for grieving children and teens ages 8-17. The goal of this camp is to provide our bereaved youth the opportunity to cultivate new friendships with peers who are struggling with a similar journey in life and life after the death of a loved one. The campers learn positive coping skills and how to use their unique strengths to ultimately transform their pain into a life of purpose. Camp Cornerstone Camp Cornerstone is a free day camp for grieving children and teens ages 6 -14. Sometimes grieving children feel like they are so alone in their grief, that is, until they gather with their peers who are also grieving. Camp Cornerstone provides a balance of social activity, memory building, education and reflection on their grief experience so that positive decision making can be made in the future when the stress of grief can be overwhelming. REFER TO SCHEDULE O FOR FULL NARRATIVE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt062141
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt012099
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATION Cornerstone also offers seminars on grief topics and related subjects to the community, primarily the professional community who need to maintain their career status and licensure by the receipt of required educational units.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0118739

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.88$0.97$7.91$4.89$4.47$0.42
2023Detailed filing. Detailed filing data is available for this year.$8.27$0.78$7.48$4.73$3.69$1.04
2022Detailed filing. Detailed filing data is available for this year.$6.52$0.27$6.25$3.36$2.90$0.45
2021Detailed filing. Detailed filing data is available for this year.$6.16$0.18$5.99$3.87$2.16$1.71
2020Detailed filing. Detailed filing data is available for this year.$4.48$0.19$4.29$2.89$1.82$1.07
2018Detailed filing. Detailed filing data is available for this year.$2.81$0.14$2.67$2.13$2.03$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.71$0.13$2.57$1.91$1.77$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.61$0.18$2.43$1.62$1.62$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.35$0.13$2.22$1.49$1.37$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.27$0.17$2.10$1.45$1.45$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.08$2.06$1.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.03$2.40$0.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.00$2.22$0.74
Peer Organizations

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