OEA EDUCATIONAL FOUNDATION

EIN: 043618101 501(c)(3) Education

COLUMBUS, OH

Total Revenue
$29,165
Total Expenses
$73,617
Total Assets
$678,945
Net Assets
$678,945
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
OH
Principal Officer
KRISTY SPIRES
Phone
6142273023
Tax Period
2023-09-01 to 2024-08-31

OEA EDUCATIONAL FOUNDATION, founded in 2002, is a micro nonprofit in the Education sector that reported $29K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $74K exceeded revenue, resulting in a 152% operating deficit.

Mission

THE WORK OF THE OHIO EDUCATIONAL FOUNDATION IS TO FUND INITIATIVES THAT ENHANCE STUDENT LEARNING, STUDENT ACHIEVEMENT, AND WELL-BEING, AS WELL AS PROMOTE SOCIAL JUSTICE. ITS BOARD OF DIRECTORS PROVIDES FOUR FUNDING OPPORTUNITIES ANNUALLY.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $25,110
Program Service Revenue $0
Investment Income $0
Other Revenue $4,055
TOTAL REVENUE $29,165

Expense Breakdown

Grants Paid $69,459
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $69,459
Other Expenses $4,158
TOTAL EXPENSES $73,617

Year-over-Year Comparison

2023 2022 Change
Revenue $29,165 $708,914 -1.0%
Expenses $73,617 $91,987 -0.2%
Net Income $-44,452 $616,927 -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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Governance

Voting Members
13
Independent Members
8
Employees
N/A
Volunteers
8

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
6
$1,370,691
Total Directors
14
$1,370,691
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT DIMAURO OEA PRESIDENT, CHAIRMAN 1.00
Officer Director
$0 $65,014 $291,793
JEFF WENSING OEA VICE PRESIDENT, EX OFFICIO 1.00
Officer Director
$0 $29,693 $232,029
MARK HILL RESIGNED 71524 OEA SECRETARY/TREASURER, EX OFFICIO 1.00
Officer Director
$0 $57,631 $257,287
PATRICIA COLLINS MURDOCK OEA EXECUTIVE DIRECTOR, EX OFFICIO 1.00
Officer Director
$0 $72,639 $300,401
KRISTY SPIRES OEA CFO, STAFF LIAISON 1.00
Officer Director
$0 $79,878 $289,181
ROB MCFEE BEGIN 71524 OEA SECRETARY/TREASURER, EX OFFICIO 1.00
Officer Director
$0 $0 $0
ANGEL DYER-SANCHEZ BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
BECKY HIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
DIGNA TAVERAS BOARD MEMBER 1.00
Director
$0 $0 $0
GEOFF MIZE BOARD MEMBER 1.00
Director
$0 $0 $0
LORI KNISLEY BOARD MEMBER 1.00
Director
$0 $0 $0
SHARRON CALLAHAN BOARD MEMBER 1.00
Director
$0 $0 $0
TAMMY LAPLANTE BOARD MEMBER 1.00
Director
$0 $0 $0
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 $29,165 $73,617 $678,945 $-44,452
2023 $708,914 $91,987 $723,397 $616,927
2022 $159,950 $92,875 $106,470 $67,075
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