TechGrowth Ohio Fund

EIN: 263412079 501(c)(3) Community Improvement

Athens, OH

Total Revenue
$764,960
Total Expenses
N/A
Total Assets
$10,680,587
Net Assets
$10,400,497
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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
2008
Legal Domicile
OH
Phone
7405932379
Tax Period
2024-07-01 to 2025-06-30

TechGrowth Ohio Fund, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $765K in total revenue in fiscal year 2024. Revenue surged 295% from the prior year, signaling strong growth momentum.

Mission

The TechGrowth Ohio Fund is organized and operated exclusively for the benefit of, to perform the functions of, and to carry out the purposes of Ohio University. In furtherance of such purposes, the TechGrowth Ohio Fund operates in the furtherance of the advancement of technology, including, without limitation, to increase technology-based and/or other entrepreneurial commercialization ventures throughout southeast Ohio, with a focus on strategic technology-based sectors that offer economic development prospects for the region

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

TECHGROWTH OHIO FUND provides pre-seed capital funds to assist in the promotion of higher paying occupations, including high technology and new-economy careers, in the Southeast Ohio area. These...

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TECHGROWTH OHIO FUND provides pre-seed capital funds to assist in the promotion of higher paying occupations, including high technology and new-economy careers, in the Southeast Ohio area. These careers will enhance the ability of the Southeast Ohio area to attract new industry and provide useful products and services that support economic growth, new jobs, and business expansion.

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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 $0
Program Service Revenue $0
Investment Income $764,960
Other Revenue $0
TOTAL REVENUE $764,960

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $764,960 $193,662 +2.9%
Expenses N/A $2,519 -1.0%
Net Income N/A $191,143 N/A
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
5
Independent Members
N/A
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
4
$654,286
Total Directors
5
$1,857,284
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Muth Trustee (beg Jan 2025) 1.0
Director
$0 $40,399 $218,008
Jackie Rees Ulmer TRUSTEE 1.0
Director
$0 $69,242 $379,383
Kenneth Johnson TRUSTEE 1.0
Director
$0 $79,677 $707,577
Mark Weinberg TRUSTEE 1.0
Director
$0 $34,299 $236,199
Tracy Plouck TRUSTEE 1.0
Director
$0 $79,619 $316,117
Gina Johntony Treasurer 1.0
Officer
$0 $34,101 $161,264
Jessica Kopelwitz Secretary 1.0
Officer
$0 $55,076 $133,339
Lynn Gellermann President 1.0
Officer
$0 $56,871 $291,362
P Jane New Vice President (until May 2025) 1.0
Officer
$0 $10,410 $68,321
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
2025 $764,960 No data $10,680,587 No data
2024 $193,662 $2,519 $7,871,175 $191,143
2023 $3,030,876 $21,238 $7,111,486 $3,009,638
2022 $2,240,718 $886,640 $4,232,891 $1,354,078
2021 $348,504 $84,352 $5,061,886 $264,152
2020 $-186,732 $40,406 $3,038,547 $-227,138
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