The Mid-Ohio Development Exchange

EIN: 311448871 Community Improvement

Columbus, OH

Total Revenue
$482,821
Total Expenses
$399,921
Total Assets
$343,291
Net Assets
$343,291
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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
1995
Legal Domicile
OH
Principal Officer
Rachel Ray
Phone
6142256904
Tax Period
2024-01-01 to 2024-12-31

The Mid-Ohio Development Exchange, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $483K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $83K, a strong 17% operating margin.

Mission

Facilitate the economic development process within Ohio communities and encourage the interaction of member communities and businesses for the betterment and common good of the region.

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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 $0
Program Service Revenue $482,816
Investment Income $5
Other Revenue $0
TOTAL REVENUE $482,821

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $398,720
Other Expenses $399,921
TOTAL EXPENSES $399,921

Year-over-Year Comparison

2024 2023 Change
Revenue $482,821 $432,413 +0.1%
Expenses $399,921 $372,510 +0.1%
Net Income $82,900 $59,903 +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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
14

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
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rick Szabrak President 1.00
Officer Director
$0 $0 $0
Ben Vollrath Vice President 1.00
Officer Director
$0 $0 $0
Rachel Ray Treasurer 1.00
Officer Director
$0 $0 $0
Eric Phillips Board Member 1.00
Director
$0 $0 $0
Eric Meyer Board Member 1.00
Director
$0 $0 $0
Jackie Russell Board Member 1.00
Director
$0 $0 $0
Jeff Gottke Board Member 1.00
Director
$0 $0 $0
Jenna Goehring Board Member 1.00
Director
$0 $0 $0
Matt McCollister Board Member 1.00
Director
$0 $0 $0
Quinten Harris Board Member 1.00
Director
$0 $0 $0
Colleen Gilger Board Member 1.00
Director
$0 $0 $0
David Meadows Board Member 1.00
Director
$0 $0 $0
Ruchelle Pride Board Member 1.00
Director
$0 $0 $0
Sean Hughes Board Member 1.00
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
2024 $482,821 $399,921 $343,291 $82,900
2023 $432,413 $372,510 $260,391 $59,903
2022 $408,616 $338,354 $200,488 $70,262
2021 $305,855 $316,397 $130,226 $-10,542
2020 $317,106 $284,298 $140,768 $32,808
2019 $334,242 $319,648 $107,960 $14,594
2018 $299,062 $300,389 $93,366 $-1,327
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