OHIO MULTI-COUNTY DEVELOPMENT CORPORATION (EIN 030461881) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

MICHELLE MARSHALL

Phone

3303153708

Tax Period

2024-01-01 to 2024-12-31

OHIO MULTI-COUNTY DEVELOPMENT CORPORATION, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $530K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $647K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE OHIO MULTI-COUNTY DEVELOPMENT CORPORATION (OMCDC) IS DEDICATED TO MEETING THE HOUSING NEEDS OF LOW AND MODERATE INCOME PERSONS IN HOLMES, SUMMIT, AND WAYNE COUNTIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,687

Program Service Revenue $357,117

Investment Income $0

Other Revenue $5,908

TOTAL REVENUE $529,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $630,650

Other Expenses $646,654

TOTAL EXPENSES $646,654

Year-over-Year Comparison

	2024	2023	Change
Revenue	$529,712	$407,476	+0.3%
Expenses	$646,654	$462,140	+0.4%
Net Income	$-116,942	$-54,664	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$368,246

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHINA DARRINGTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JACKIE HEMSWORTH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LAUREN GREEN-HULL	TRUSTEE	1.00	Director	$0	$0	$0
CONNIE PORTER	SECRETARY	1.00	Officer Director	$0	$0	$0
SETH ANDREW SMOLEN	TRUSTEE	1.00	Director	$0	$0	$0
BECKY C RYBA	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER K FOY	TRUSTEE	1.00	Director	$0	$0	$0
JANET L WAGNER	CEO	1.00	Officer	$0	$9,146	$214,204
MICHELLE MARSHALL	CFO	1.00	Officer	$0	$17,789	$154,042

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$529,712	$646,654	$393,946	$-116,942
2023	$407,476	$462,140	$590,119	$-54,664
2022	$456,566	$414,454	$500,113	$42,112
2021	$418,676	$491,579	$295,390	$-72,903
2020	$449,761	$481,480	$149,610	$-31,719
2019	$156,210	$474,798	$123,986	$-318,588
2018	$545,759	$505,206	$171,301	$40,553

OHIO MULTI-COUNTY DEVELOPMENT CORPORATION