HAMILTON COUNTY BUSINESS CENTER INC (EIN 311255250) - 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

1989

Legal Domicile

Principal Officer

PATRICK N LONGO

Phone

5136318292

Tax Period

2022-10-01 to 2023-09-30

HAMILTON COUNTY BUSINESS CENTER INC, founded in 1989, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2022. Expenses of $1.5M exceeded revenue, resulting in a 15% operating deficit.

Mission

PROMOTION OF ECONOMIC AND ENTREPRENEURIAL DEVELOPMENT IN THE STATE OF OHIO.

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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 (2022)

Revenue Breakdown

Contributions & Grants $594,488

Program Service Revenue $691,253

Investment Income $1,390

Other Revenue $0

TOTAL REVENUE $1,287,131

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,949

Fundraising Expenses $0

Program Expenses $1,344,002

Other Expenses $1,336,891

TOTAL EXPENSES $1,475,840

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,287,131	$1,243,578	+0.0%
Expenses	$1,475,840	$1,228,233	+0.2%
Net Income	$-188,709	$15,345	-13.3%

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

N/A

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

$547,187

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURENCE JONES	CHAIR, BOARD OF DIRECTORS	1.00	Officer Director	$0	$0	$0
THOMAS SAELINGER	VICE-CHAIR, BOARD OF DIRECTORS	1.00	Officer Director	$0	$0	$0
DANIEL GEEDING	TREASURER, BOARD OF DIRECTORS	1.00	Officer Director	$0	$0	$0
LISA DIEDRICHS	SECRETARY, BOARD OF DIRECTORS	1.00	Officer Director	$0	$0	$0
BETH ROBINSON	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
BRENDAN BURNS	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JACK WYANT	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JOE RICKARD	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JOHN STIEGER	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
KYLA WOODS	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
LISA HINTON	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
MICHA MEYER	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
DAVE JACKSON	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
MARKEIA CARTER	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JOE HUBER	MEMBER (TERM LIMIT 12/31/22)	1.00	Director	$0	$0	$0
SHELIA MIXON	MEMBER (TERM LIMIT 12/31/22)	1.00	Director	$0	$0	$0
PATRICK LONGO	PRESIDENT	13.00	Officer	$0	$48,952	$260,018
KRISTI REYNEK	SR. VP, FINANCE/HR	13.00	Officer	$0	$29,675	$148,220
ANTHONY SEPPI	VICE PRESIDENT/GROWTH LABS	40.00	Officer	$101,188	$37,761	$138,949

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	$1,287,131	$1,475,840	$896,276	$-188,709
2022	$1,243,578	$1,228,233	$1,060,683	$15,345
2021	$1,184,804	$1,276,494	$1,247,337	$-91,690
2020	$1,355,453	$1,361,520	$1,192,026	$-6,067
2019	$1,478,042	$1,394,703	$1,204,055	$83,339
2018	$1,453,645	$1,300,952	$1,098,434	$152,693

HAMILTON COUNTY BUSINESS CENTER INC