Franklinton Board of Trade

EIN: 311159107 501(c)(3) Human Services

Columbus, OH

Total Revenue
$632,786
Total Expenses
$612,586
Total Assets
$193,757
Net Assets
$193,523
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
OH
Phone
6143982435
Tax Period
2024-01-01 to 2024-12-31

Franklinton Board of Trade, founded in 2000, is a small nonprofit in the Human Services sector that reported $633K in total revenue in fiscal year 2024. Expenses of $613K left a modest 3% surplus.

Mission

A neighborhood based, not-for-profit, business organization committed to identifying and responding to the changing needs and concerns of the business community in Franklinton. We strive to make Franklinton a better place to work, shop, and live through the enhancement of its institutions, business retention, development, and expansion. Fostering job creation, plus partnering with community organizations on projects to fulfill our responsibilities to the community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $202,985
Program Service Revenue $436,437
Investment Income $979
Other Revenue $-7,615
TOTAL REVENUE $632,786

Expense Breakdown

Grants Paid $23,780
Salaries & Benefits $130,671
Fundraising Expenses $40,494
Program Expenses $539,427
Other Expenses $458,135
TOTAL EXPENSES $612,586

Year-over-Year Comparison

2024 2023 Change
Revenue $632,786 $653,580 0.0%
Expenses $612,586 $595,045 +0.0%
Net Income $20,200 $58,535 -0.7%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
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
5
$99,467
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Trent Smith Executive Dir. 40.00
Officer
$99,467 $0 $99,467
Kathy Gatterdam Trustee 0.50
Director
$0 $0 $0
Jason Koma Trustee 0.50
Director
$0 $0 $0
Jeff Mohrman Vice President 1.50
Officer Director
$0 $0 $0
Tom Palmer Trustee 0.50
Director
$0 $0 $0
Michael Amerine President 1.50
Officer Director
$0 $0 $0
Amanda McVey Treasurer 1.50
Officer Director
$0 $0 $0
Chakeyla Anderson Trustee 0.50
Director
$0 $0 $0
Michael Pappas Secretary 1.50
Officer Director
$0 $0 $0
Anna Truex Trustee 0.50
Director
$0 $0 $0
Heather Ulrey Trustee 0.50
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 $632,786 $612,586 $193,757 $20,200
2023 $653,580 $595,045 $173,376 $58,535
2022 $315,077 $282,755 $117,114 $32,322
2021 $210,375 $178,080 $82,466 $32,295
2020 $196,069 $221,489 $60,613 $-25,420
2019 $177,996 $141,217 $75,591 $36,779
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