ECONOMIC DEVELOPMENT ALLIANCE OF SOUTHERN OHIO INC

EIN: 203786756 501(c)(3) Community Improvement

CHILLICOTHE, OH

Total Revenue
$187,785
Total Expenses
$111,265
Total Assets
$223,047
Net Assets
$217,453
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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
2005
Legal Domicile
OH
Principal Officer
JEFF GRAHAM
Phone
7407725100
Tax Period
2024-01-01 to 2024-12-31

ECONOMIC DEVELOPMENT ALLIANCE OF SOUTHERN OHIO INC, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $188K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $77K, a strong 41% operating margin.

Mission

THE ECONOMIC DEVELOPMENT ALLIANCE EXISTS TO PROMOTE THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIC DEVELOPMENT OF ROSS COUNTY BY FOCUSING ON THE FOLLOWING OBJECTIVES: INDUSTRY ATTRACTION, BUSINESS RETENTION & EXPANSION, AVAILABLE SITES & BUILDINGS AND WORKFORCE DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $185,483
Program Service Revenue $0
Investment Income $0
Other Revenue $2,302
TOTAL REVENUE $187,785

Expense Breakdown

Grants Paid $46,200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,880
Other Expenses $65,065
TOTAL EXPENSES $111,265

Year-over-Year Comparison

2024 2023 Change
Revenue $187,785 $109,448 +0.7%
Expenses $111,265 $210,762 -0.5%
Net Income $76,520 $-101,314 -1.8%
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

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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
N/A

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
2
$105,558
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF GRAHAM CHAIRMAN 1.00
Director
$0 $0 $0
MCKENZIE GULLION TREASURER 3.00
Officer Director
$0 $0 $0
DWIGHT GARRETT SECRETARY 1.00
Director
$0 $0 $0
SUSAN GEARHART VICE CHAIRMAN 1.00
Director
$0 $0 $0
LUKE FEENEY BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANY BALDWIN BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
BEN HALL BOARD MEMBER 1.00
Director
$0 $0 $0
KENNA HESSELING BOARD MEMBER 1.00
Director
$0 $0 $0
DONNIE IGOU BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL LINTON BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERTA MILLIKEN BOARD MEMBER 1.00
Director
$0 $0 $0
SUE OTT BOARD MEMBER 1.00
Director
$0 $0 $0
MISTY TUTTLE BOARD MEMBER 1.00
Director
$0 $0 $0
BARRY BENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY GERBER BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES HATFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
JOE HERLIHY BOARD MEMBER 1.00
Director
$0 $0 $0
CASEY LIDDY BOARD MEMBER 1.00
Director
$0 $0 $0
CURT MCALLISTER BOARD MEMBER 1.00
Director
$0 $0 $0
DEIDRE NICKERSON BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL THRONE BOARD MEMBER 1.00
Director
$0 $0 $0
DOUGLAS VAN ZUIDEN BOARD MEMBER 1.00
Director
$0 $0 $0
TAMMY EALLONARDO ECONOMIC DEVELOPMENT DIREC 20.00
Officer
$0 $4,532 $105,558
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 $187,785 $111,265 $223,047 $76,520
2023 $109,448 $210,762 $143,940 $-101,314
2022 $80,964 $54,154 $242,247 $26,810
2021 $90,906 $81,280 $215,437 $9,626
2020 $71,447 $40,266 $188,651 $31,181
2019 $82,742 $59,644 $157,470 $23,098
2018 $89,471 $37,157 $134,872 $52,314
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