Civic Intelligence

Uss Cleveland Legacy Foundation

EIN 83-4007897 • 501(c)3 • Cleveland, OH

Profile

To send uss cleveland to the fleet with the greatest start possible, to support the ship and crew throughout her service life, and to welcome her home to cleveland at the completion of her naval service.

1001 Lakeside Ave Suite 1520Cleveland, OH 44114

www.usscleveland.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

52nd percentile

0.07x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.34x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

6th percentile

-56%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

62nd percentile

8.6%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

8th percentile

-35%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$1,933,124

Down $135,255 (-6.5%) from 2023

Liabilities

Up

$144,383

Up $144,383 from 2023

Net Assets

Down

$1,788,741

Down $279,638 (-14%) from 2023

Revenue

Down

$421,232

Down $570,744 (-58%) from 2023

Expenses

Up

$656,538

Up $200,672 (+44%) from 2023

Net Income

Down

-$235,306

Down $771,416 (-144%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2019: $30,601Liabilities 2019: $0Net Assets 2019: $30,6012019Assets 2020: $193,051Liabilities 2020: $0Net Assets 2020: $193,0512020Assets 2021: $860,853Liabilities 2021: $0Net Assets 2021: $860,8532021Assets 2022: $1,639,267Liabilities 2022: $0Net Assets 2022: $1,639,2672022Assets 2023: $2,068,379Liabilities 2023: $0Net Assets 2023: $2,068,3792023Assets 2024: $1,933,124Liabilities 2024: $144,383Net Assets 2024: $1,788,7412024

Highlighted filing

2024

Assets$1,933,124
Liabilities$144,383
Net Assets$1,788,741

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2019: $30,601Expenses 2019: $0Net Income 2019: $30,6012019Revenue 2020: $265,498Expenses 2020: $103,048Net Income 2020: $162,4502020Revenue 2021: $958,608Expenses 2021: $289,821Net Income 2021: $668,7872021Revenue 2022: $999,228Expenses 2022: $646,660Net Income 2022: $352,5682022Revenue 2023: $991,976Expenses 2023: $455,866Net Income 2023: $536,1102023Revenue 2024: $421,232Expenses 2024: $656,538Net Income 2024: -$235,3062024

Highlighted filing

2024

Revenue$421,232
Expenses$656,538
Net Income-$235,306

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 21, 2025
Return Version
2024v5.0
Gross Receipts
$577,169
Mission and Program Overview

Mission

To send uss cleveland to the fleet with the greatest start possible, to support the ship and crew throughout her service life, and to welcome her home to cleveland at the completion of her naval service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,549,185$1,375,397▼ $173,788
Land, Buildings, and Equipment, Net$142,327$243,867▲ $101,540
Accounts Receivable$275,764$179,000▼ $96,764
Prepaid Expenses and Deferred Charges-$10,607-
Total Assets$2,068,379$1,933,124▼ $135,255
Other Assets Total$101,103$124,253▲ $23,150
Liabilities
Accounts Payable and Accrued Expenses-$144,383-
Total Liabilities$0$144,383▲ $144,383
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,068,379$1,788,741▼ $279,638
Total Net Assets Fund Balance$2,068,379$1,788,741▼ $279,638
Total Liabilities and Net Assets / Fund Balance$2,068,379$1,933,124▼ $135,255

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$97,806$154,439$252,245
Leasehold Improvements$118,996$2,704$121,700
Buildings$27,065$660$27,725
Other Assets Org$124,253--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$455,794
Program Service Revenue
$0
Investment Income
$16,989
Other Revenue
$-51,551
All Other Contributions
$455,794
Change in Net Assets
$-235,306

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$82,638
Total Noncash Contributions1$82,638
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$434,290
Salaries, Compensation, and Employee Benefits$222,248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$131,786-$131,786
Current Officers, Directors, Trustees, and Key Employees-$71,832-$71,832
Depreciation Depletion-$56,905-$56,905
Fees for Services Other$19,917$14,690-$34,607
Travel$25,013$5,513-$30,526
Office Expenses$52$24,266-$24,318
Advertising$12,293$10,980-$23,273
Payroll Taxes$2,317$16,313-$18,630
Fees for Services Accounting$8,253$4,347-$12,600
Insurance$5,333$3,768-$9,101
Conferences and Meetings$1,166$3,280-$4,446
Fees for Services Legal$1,161$609-$1,770
Information Technology$480$975-$1,455
Other Expenses$500$465-$500
All Other Expenses-$250-$250
Total Functional Expenses$122,293$534,245$0$656,538
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$155,937
Fundraising Gross Income$104,386
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Navy Ball$104,386$104,386$44,052$60,334
Total Events$104,386$104,386$44,052$60,334
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

The chief executive officer and board treasurer reviewed and submitted copies to the finance and executive committees of the board of directors for their review prior to filing the final return.

Form 990, Page 6, Part VI, Line 19

Available upon written request

Filing and Contact Details

Filer

Filer Name
Uss Cleveland Legacy Foundation
EIN
83-4007897
Phone
2167892139
Address
1001 LAKESIDE AVE SUITE 1520, CLEVELAND, OH 44114

Signing Officer

Name
Richard Decarlo
Title
Director
Phone
2167892139
Signed
2025-08-21

Organization Details

Principal Officer
Richard Decarlo
Voting Board Members
14
Independent Board Members
14
Employees
3

Preparer

Firm
Mcmanamon & Co LLC
Address
1651 CROSSINGS PKWY D, WESTLAKE, OH 44145-1959
Preparer
Jeffrey D Firestone CPA Cva
Phone
4408928900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

1.lone sailor park: the monument was formally placed at the lakefront and introduced to the community in october. This was the most significant event of the year, fully funded through donations-to and efforts-of the board and select volunteers. It is intended to memorialize the sea services, and in fact all military branches, while enhancing the city of cleveland, cuyahoga county and really all ohio as well as our nation at large. Our lone sailor park would go on to be recognized as an award- winning design. 2.navy ball - october, we organized and "sponsored" the 300 seat event and fund raiser at aviator event center. 3.fund raising - ongoing development efforts continue 365. See our general ledger and financials for details. The community outreach brings our mission to the attention of the business and general public communities. Stewardship of donations is a paramount task which we administer with conscience and determination. 4.the beginning of a reorganization that manifested itself in 2025. This in preparation for a busy year and improving the overall administration of the foundation. 5.various smaller events that recognized the crew of lcs-31. This is our mission, so any and all such gatherings, smaller sponsorships and hosted events are in support of the crew and the command triad (ship's skipper, xo and chief of the boat) 6.review and edit our foundation bylaws. I introduced the need for a "scrubbing" of our bylaws after five (5) years of operations as an appropriate step to assure we remain vigilant of circumstances over time. Recommendations were made and presented to the then executive committee for consideration. 7.scheduled board meetings, and also special meetings when required, to meet our expectations and cadence as set forward in our bylaws. A quorum is always met in order to proceed. 8.recruitment and onboarding of additional (and backfill) board members.

Financial Statement Notes

Schedule D, Page 3, Part X

Ussclf complies with fasb asc 740 - accounting for uncertainty in income taxes. Fasb asc 740 details how companies should recognize, measure, present and disclose uncertain tax positions that have been or are expected to be taken. As such, the financial statements would reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities' full knowledge of the position and all relevant facts, if they existed. The management of uss believes that there are no uncertain tax positions. Ussclf's tax years that remain subject to examination by the internal revenue service are fiscal years ended december 31, 2021 and forward.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0USSCLF COMPLIES WITH FASB ASC 740 - ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FASB ASC 740 DETAILS HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS THAT HAVE BEEN OR ARE EXPECTED TO BE TAKEN. AS SUCH, THE FINANCIAL STATEMENTS WOULD REFLECT EXPECTED FUTURE TAX CONSEQUENCES OF UNCERTAIN TAX POSITIONS PRESUMING THE TAXING AUTHORITIES' FULL KNOWLEDGE OF THE POSITION AND ALL RELEVANT FACTS, IF THEY EXISTED. THE MANAGEMENT OF USS BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS. USSCLF'S TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE FISCAL YEARS ENDED DECEMBER 31, 2021 AND FORWARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01.LONE SAILOR PARK: THE MONUMENT WAS FORMALLY PLACED AT THE LAKEFRONT AND INTRODUCED TO THE COMMUNITY IN OCTOBER. THIS WAS THE MOST SIGNIFICANT EVENT OF THE YEAR, FULLY FUNDED THROUGH DONATIONS-TO AND EFFORTS-OF THE BOARD AND SELECT VOLUNTEERS. IT IS INTENDED TO MEMORIALIZE THE SEA SERVICES, AND IN FACT ALL MILITARY BRANCHES, WHILE ENHANCING THE CITY OF CLEVELAND, CUYAHOGA COUNTY AND REALLY ALL OHIO AS WELL AS OUR NATION AT LARGE. OUR LONE SAILOR PARK WOULD GO ON TO BE RECOGNIZED AS AN AWARD- WINNING DESIGN. 2.NAVY BALL - OCTOBER, WE ORGANIZED AND "SPONSORED" THE 300 SEAT EVENT AND FUND RAISER AT AVIATOR EVENT CENTER. 3.FUND RAISING - ONGOING DEVELOPMENT EFFORTS CONTINUE 365. SEE OUR GENERAL LEDGER AND FINANCIALS FOR DETAILS. THE COMMUNITY OUTREACH BRINGS OUR MISSION TO THE ATTENTION OF THE BUSINESS AND GENERAL PUBLIC COMMUNITIES. STEWARDSHIP OF DONATIONS IS A PARAMOUNT TASK WHICH WE ADMINISTER WITH CONSCIENCE AND DETERMINATION. 4.THE BEGINNING OF A REORGANIZATION THAT MANIFESTED ITSELF IN 2025. THIS IN PREPARATION FOR A BUSY YEAR AND IMPROVING THE OVERALL ADMINISTRATION OF THE FOUNDATION. 5.VARIOUS SMALLER EVENTS THAT RECOGNIZED THE CREW OF LCS-31. THIS IS OUR MISSION, SO ANY AND ALL SUCH GATHERINGS, SMALLER SPONSORSHIPS AND HOSTED EVENTS ARE IN SUPPORT OF THE CREW AND THE COMMAND TRIAD (SHIP'S SKIPPER, XO AND CHIEF OF THE BOAT) 6.REVIEW AND EDIT OUR FOUNDATION BYLAWS. I INTRODUCED THE NEED FOR A "SCRUBBING" OF OUR BYLAWS AFTER FIVE (5) YEARS OF OPERATIONS AS AN APPROPRIATE STEP TO ASSURE WE REMAIN VIGILANT OF CIRCUMSTANCES OVER TIME. RECOMMENDATIONS WERE MADE AND PRESENTED TO THE THEN EXECUTIVE COMMITTEE FOR CONSIDERATION. 7.SCHEDULED BOARD MEETINGS, AND ALSO SPECIAL MEETINGS WHEN REQUIRED, TO MEET OUR EXPECTATIONS AND CADENCE AS SET FORWARD IN OUR BYLAWS. A QUORUM IS ALWAYS MET IN ORDER TO PROCEED. 8.RECRUITMENT AND ONBOARDING OF ADDITIONAL (AND BACKFILL) BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHIEF EXECUTIVE OFFICER AND BOARD TREASURER REVIEWED AND SUBMITTED COPIES TO THE FINANCE AND EXECUTIVE COMMITTEES OF THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING THE FINAL RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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