Ohio Minority Supplier Development Council (EIN 311022688) - 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

1972

Legal Domicile

Principal Officer

George R Simms

Tax Period

2023-01-01 to 2023-12-31

Ohio Minority Supplier Development Council, founded in 1972, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 4% surplus.

Mission

To coordinate efforts of corporations in the State of Ohio to increase the amount of purchases of goods and services from minority owned companies; to provide educational, managerial and technical assistance to minority companies.

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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 (2023)

Revenue Breakdown

Contributions & Grants $996,785

Program Service Revenue $320,392

Investment Income $0

Other Revenue $7,354

TOTAL REVENUE $1,324,531

Expense Breakdown

Grants Paid $0

Salaries & Benefits $681,402

Fundraising Expenses $0

Program Expenses $789,723

Other Expenses $589,261

TOTAL EXPENSES $1,270,663

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,324,531	$1,055,161	+0.3%
Expenses	$1,270,663	$1,047,186	+0.2%
Net Income	$53,868	$7,975	+5.8%

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

Governance

Voting Members

Independent Members

Employees

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

$150,720

Total Directors

$150,720

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
George R Simms	PresidentCEO	1.00	Officer Director	$150,720	$0	$150,720
Carl Satterwhite	Cin MBEIC President	1.00	Director	$0	$0	$0
Jonathan D Mitchell	Trustee	1.00	Director	$0	$0	$0
Carlton Dean III	Columbus MBEIC Vice Chair	1.00	Director	$0	$0	$0
Adrian Taylor	Trustee	1.00	Director	$0	$0	$0
Milton McIntyre	Trustee	1.00	Director	$0	$0	$0
April Tyler	Trustee	1.00	Director	$0	$0	$0
Thomas J Winston	Trustee	1.00	Director	$0	$0	$0
Hazana Rivers	Trustee	1.00	Director	$0	$0	$0
Yolanda Ortiz-Parker	Trustee	1.00	Director	$0	$0	$0
Shannon Puhl	Trustee	1.00	Director	$0	$0	$0
Christopher Che	MBEIC Chair	1.00	Director	$0	$0	$0
Carla Cobb	Trustee	1.00	Director	$0	$0	$0
Mark Cunningham	Trusteee	1.00	Director	$0	$0	$0
Felica Clark	Trustee	1.00	Director	$0	$0	$0
Clifford A Bailey	Trustee	40.00	Director	$0	$0	$0
Stephanie Burton	Trustee	1.00	Director	$0	$0	$0
Jonathan Dawkins	Trustee	1.00	Director	$0	$0	$0
Kim Martinez-Giering	Cle MBEIC Vice Chair	1.00	Director	$0	$0	$0
Berlon Hamilton	Trustee	1.00	Director	$0	$0	$0
Jilson R Daniels	Treasurer	1.00	Officer Director	$0	$0	$0
Tasha M Wood	Secretary	1.00	Officer Director	$0	$0	$0
Abigail Kofete	Chair	1.00	Officer 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
2024	No data	No data	No data	No data
2023	$1,324,531	$1,270,663	$713,698	$53,868
2022	$1,055,161	$1,047,186	$599,846	$7,975
2021	$1,151,155	$1,047,186	$591,871	$103,969
2020	$1,321,793	$1,068,675	$456,407	$253,118
2019	$1,497,276	$1,486,033	$105,835	$11,243
2018	$1,298,025	$1,236,394	$283,903	$61,631

Ohio Minority Supplier Development Council