OHIO BANKERS FOUNDATION FOR FINANCIAL LITERACY (EIN 201241143) - 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

2004

Legal Domicile

Principal Officer

EVAN KLEYMEYER

Phone

6143407606

Tax Period

2024-01-01 to 2024-12-31

OHIO BANKERS FOUNDATION FOR FINANCIAL LITERACY, founded in 2004, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $130K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $198K exceeded revenue, resulting in a 53% operating deficit.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY TO PERFORM THE CHARITABLE AND EDUCATIONAL FUNCTIONS OF THE OHIO BANKERS LEAGUE, AN OHIO NON PROFIT CORPORATION, BY ACTING AS A FULL TIME ADVOCATE FOR CONSUMER FINANCIAL EDUCATION AND TO ASSIST IN MARSHALING THE EDUCATIONAL TOOLS AND RESOURCES AND FOCUSING THEM ON AREAS OF GREATEST NEED.

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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 $12,450

Program Service Revenue $117,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $129,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,175

Fundraising Expenses $12,317

Program Expenses $161,976

Other Expenses $75,315

TOTAL EXPENSES $198,490

Year-over-Year Comparison

	2024	2023	Change
Revenue	$129,950	$220,541	-0.4%
Expenses	$198,490	$195,499	+0.0%
Net Income	$-68,540	$25,042	-3.7%

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

$203,797

Total Directors

$516,999

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL ADELMAN	BOARD MEMBER	1.00	Director	$0	$61,384	$516,999
KEITH BORDERS	CHAIR OF BOARD	1.00	Officer Director	$0	$0	$0
JUAN SANTIAGO	BOARD MEMBER	1.00	Director	$0	$0	$0
TONY DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
EVAN KLEYMEYER	EXECUTIVE DIRECTOR	5.00	Officer	$0	$32,490	$203,797

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	$129,950	$198,490	$166,184	$-68,540
2023	$220,541	$195,499	$193,143	$25,042

OHIO BANKERS FOUNDATION FOR FINANCIAL LITERACY