Westerville, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Westerville Industry and Commerce Corpor, founded in 1965, is a community nonprofit in the Community Improvement sector that reported $9.3M in total revenue in fiscal year 2023. Revenue surged 18559% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.0M, a strong 96% operating margin.
To advance, encourage and promote industrial, economic, commercial and civic development of the City of Westerville and Blendon, Sharon, Orange and Genoa Townships by such means as will improve the normal growth, employment opportunities, stability of employment in existing industry, advancement of the industrial and commercial life of the community and to stabilize the general economy of the area.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $9,308,323 | $49,886 | +185.6% |
| Expenses | $350,773 | $135,498 | +1.6% |
| Net Income | $8,957,550 | $-85,612 | -105.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Janet Davis | Chairperson | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dennis Blair | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Karl Craven | ViceChairperson | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Swartz | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Bruce Bailey | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Rick Rano | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Monica Irelan | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jason Bechtold | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Rob Rishel | Secretary | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $9,308,323 | $350,773 | $10,193,036 | $8,957,550 |
| 2022 | $49,886 | $135,498 | $1,235,486 | $-85,612 |
| 2021 | $672,959 | $528,096 | $1,321,098 | $144,863 |
| 2020 | $825,254 | $1,098,857 | $1,176,235 | $-273,603 |
| 2019 | $416,348 | $451,167 | $1,458,346 | $-34,819 |
| 2018 | $877,863 | $607,081 | $1,524,070 | $270,782 |
Compare Westerville Industry and Commerce Corpor with other nonprofits in Ohio and across the country.