Ohio Statewide Development Corp (EIN 311088697) - 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

1982

Legal Domicile

Principal Officer

Heather Yomboro

Phone

6144813214

Tax Period

2024-10-01 to 2025-09-30

Ohio Statewide Development Corp, founded in 1982, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 7% surplus.

Mission

Fixed Asset Financing to Small Businesses

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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 $0

Program Service Revenue $1,317,260

Investment Income $94,050

Other Revenue $576

TOTAL REVENUE $1,411,886

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $987,848

Fundraising Expenses $0

Program Expenses $985,706

Other Expenses $325,095

TOTAL EXPENSES $1,313,943

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,411,886	$1,385,928	+0.0%
Expenses	$1,313,943	$1,314,056	0.0%
Net Income	$97,943	$71,872	+0.4%

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

$269,058

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katherine Kramer	Exec Dir. -7/25	40.00	Officer	$179,700	$5,250	$184,950
Heather Yomboro	Exec Dir 7/25-	40.00	Officer	$72,564	$11,544	$84,108
Lisa Delp	Secretary-01/25	2.50	Officer Director	$0	$0	$0
AJ Lewis	Treasurer-04/25	2.50	Officer Director	$0	$0	$0
Blake Compton	Vice President	2.50	Officer Director	$0	$0	$0
TJ Eveland	Board Mbr-7/25	2.00	Director	$0	$0	$0
Jeff Guminey	Secretary 1/25-	2.50	Officer Director	$0	$0	$0
Thomas Mack	Board Member	2.00	Director	$0	$0	$0
Jennifer Baker	Treasurer12/24-	2.50	Officer Director	$0	$0	$0
Paul Collinsworth	Board Mbr-4/25	2.00	Director	$0	$0	$0
Ana Assis	Brd Mbr 10/24-	2.00	Director	$0	$0	$0
Heather Landon	Brd Mbr 10/24-	2.00	Director	$0	$0	$0
Christopher Magill	President	2.50	Officer Director	$0	$0	$0
Nick Bobb	Brd Mbr 10/24-	2.00	Director	$0	$0	$0
Michelle Haslinger	Brd Mbr 4/25-	2.00	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	$1,411,886	$1,313,943	$2,412,410	$97,943
2024	$1,385,928	$1,314,056	$2,345,911	$71,872
2023	$1,136,017	$1,124,361	$2,297,571	$11,656
2022	$999,786	$1,092,836	$1,928,627	$-93,050
2021	$1,119,652	$923,903	$2,019,276	$195,749
2020	$975,921	$806,899	$1,864,062	$169,022
2019	$933,823	$720,858	$1,808,598	$212,965
2018	$865,743	$740,521	$1,614,129	$125,222

Ohio Statewide Development Corp