OHIO ASSOC OF STUDENT FINANCIAL AID ADMINISTRATORS

EIN: 310883788 501(c)(3) Education

COLUMBUS, OH

Total Revenue
$119,330
Total Expenses
$108,108
Total Assets
$398,427
Net Assets
$398,427
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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
1977
Legal Domicile
OH
Principal Officer
CJ WILLIAMS
Phone
4197722612
Tax Period
2023-07-01 to 2024-06-30

OHIO ASSOC OF STUDENT FINANCIAL AID ADMINISTRATORS, founded in 1977, is a small nonprofit in the Education sector that reported $119K in total revenue in fiscal year 2023. Expenses of $108K left a modest 9% surplus.

Mission

THE MISSION OF THE OHIO ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS SHALL BE TO ENSURE ACCESS TO HIGHER EDUCATION THROUGH THE PROMOTION OF FINANCIAL AID AWARENESS. FURTHER, THE MISSION OF THE ASSOCIATION IS TO AFFECT PUBLIC POLICY INITIATIVES, TO PROMOTE ETHICAL ADMINISTRATION OF STUDENT AID PROGRAMS AND TO ENCOURAGE AN ENVIRONMENT OF COOPERATION AMONG INDIVIDUALS, AGENCIES, ORGANIZATIONS AND EDUCATIONAL INSTITUTIONS TO BETTER SERVE ALL STUDENT POPULATIONS.

Program Service Accomplishments

Program 1
Expenses: $58,848 Revenue: $27,835

CONFERENCES

Program 2
Expenses: $8,763

TRAINING/PROGRAMS

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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 $65,540
Program Service Revenue $27,835
Investment Income $23,897
Other Revenue $2,058
TOTAL REVENUE $119,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $67,711
Other Expenses $108,108
TOTAL EXPENSES $108,108

Year-over-Year Comparison

2023 2022 Change
Revenue $119,330 $114,789 +0.0%
Expenses $108,108 $107,472 +0.0%
Net Income $11,222 $7,317 +0.5%
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
12
Independent Members
12
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
8
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM SELVAGE PRESIDENT EL N/A
Officer Director
$0 $0 $0
JAYME JARRETT PAST PRESIDE N/A
Officer Director
$0 $0 $0
DR ALEX JORDAN PRESIDENT N/A
Officer Director
$0 $0 $0
LEANNE LEMASTER VP FOR TRAIN N/A
Officer Director
$0 $0 $0
ASHLEY EDER-HARTOIN VP FOR CONFE N/A
Officer Director
$0 $0 $0
ANDREA LEHMAN SECRETARY N/A
Officer Director
$0 $0 $0
LIZ JENNINGS TREASURER EL N/A
Officer Director
$0 $0 $0
CJ WILLIAMS TREASURER N/A
Officer Director
$0 $0 $0
RACHEL SANGRET NE REGIONAL N/A
Director
$0 $0 $0
SHANNON PHLEGAR NW REGIONAL N/A
Director
$0 $0 $0
ANGELA LAUER SE REGIONAL N/A
Director
$0 $0 $0
RON JACKSON SW REGIONAL N/A
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
2025 No data No data No data No data
2024 $119,330 $108,108 $398,427 $11,222
2023 $114,789 $107,472 $346,073 $7,317
2022 $114,830 $100,638 $315,475 $14,192
2021 $45,490 $19,461 $381,336 $26,029
2020 $49,998 $40,363 $298,078 $9,635
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