MEIGS COUNTY COMMUNITY IMPROVEMENT

EIN: 311387651 501(c)(3) Community Improvement

POMEROY, OH

Total Revenue
$863,705
Total Expenses
$852,373
Total Assets
$9,710,672
Net Assets
$3,074,160
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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
1994
Legal Domicile
OH
Principal Officer
PERRY VARNADOE
Phone
7409923034
Tax Period
2024-01-01 to 2024-12-31

MEIGS COUNTY COMMUNITY IMPROVEMENT, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $864K in total revenue in fiscal year 2024. Net assets of $3.1M represent 43 months of operating reserves.

Mission

INDUSTRIAL DEVELOPEMENT FOR MEIGS COUNTY, 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $825,236
Program Service Revenue $0
Investment Income $0
Other Revenue $38,469
TOTAL REVENUE $863,705

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $830,533
Other Expenses $850,373
TOTAL EXPENSES $852,373

Year-over-Year Comparison

2024 2023 Change
Revenue $863,705 $838,435 +0.0%
Expenses $852,373 $759,526 +0.1%
Net Income $11,332 $78,909 -0.9%
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

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL REED PRESIDENT 002.00
Officer
$0 $0 $0
BRENDA ROUSH SECRETARY 002.00
Officer
$0 $0 $0
BRANDON BUCKLEY VICE PRESIDENT 002.00
Officer
$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 $863,705 $852,373 $9,710,672 $11,332
2023 $838,435 $759,526 $9,953,317 $78,909
2022 $570,234 $694,460 $9,554,096 $-124,226
2021 $1,309,998 $699,842 $9,768,441 $610,156
2020 $840,185 $710,228 $8,826,021 $129,957
2019 $556,788 $693,419 $8,646,465 $-136,631
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