SOUTHWESTERN OHIO EDUCATION ASSN (EIN 310597998) - 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

1974

Legal Domicile

Principal Officer

MICHAEL FORTMAN

Phone

5132893863

Tax Period

2024-09-01 to 2025-08-31

SOUTHWESTERN OHIO EDUCATION ASSN, founded in 1974, is a small nonprofit that reported $334K in total revenue in fiscal year 2024. The organization ran a surplus of $110K, a strong 33% operating margin.

Mission

REPRESENT MEMBERS AND THEIR CONCERNS THROUGH LABOR UNION ADVOCACY AND TRAINING.

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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 $305,095

Program Service Revenue $0

Investment Income $28,957

Other Revenue $0

TOTAL REVENUE $334,052

Expense Breakdown

Grants Paid $17,480

Salaries & Benefits $50,180

Fundraising Expenses $0

Program Expenses $113,461

Other Expenses $156,165

TOTAL EXPENSES $223,825

Year-over-Year Comparison

	2024	2023	Change
Revenue	$334,052	$334,519	0.0%
Expenses	$223,825	$216,833	+0.0%
Net Income	$110,227	$117,686	-0.1%

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

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

$18,814

Total Directors

$18,814

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FORTMAN	PRESIDENT	25.00	Officer Director	$0	$960	$6,960
LORI HARRISON	TREASURER	20.00	Officer Director	$5,000	$963	$5,963
DEBORAH JACKSON	VICE PRESIDE	20.00	Officer Director	$5,000	$891	$5,891

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	$334,052	$223,825	$1,617,978	$110,227
2024	$334,519	$216,833	$1,507,751	$117,686
2023	$298,038	$213,277	$1,390,065	$84,761
2022	$290,814	$196,242	$1,305,304	$94,572
2021	$287,426	$172,373	$1,210,732	$115,053
2020	$297,767	$159,478	$1,095,679	$138,289
2019	$295,528	$160,469	$957,390	$135,059
2018	$262,430	$149,177	$884,524	$113,253

SOUTHWESTERN OHIO EDUCATION ASSN