SOUTHERN OHIO DIVERSIFICATION INITIATIVE (EIN 311566951) - 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

1987

Legal Domicile

Principal Officer

STEVE SHEPHERD

Phone

7408972130

Tax Period

2023-10-01 to 2024-09-30

SOUTHERN OHIO DIVERSIFICATION INITIATIVE, founded in 1987, is a community nonprofit in the Environment sector that reported $5.2M in total revenue in fiscal year 2023. Revenue surged 884% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 24% operating margin.

Mission

THE MISSION OF THE SODI COMMUNITY REUSE ORGANIZATION IS TO IMPROVE THE QUALITY OF LIFE IN PIKE, SCIOTO, ROSS, AND JACKSON COUNTIES THROUGH ECONOMIC DIVERSIFICATION, DEVELOPMENT OF UNDERUTILIZED LAND AND FACILITIES ON THE PORTSMOUTH DEPT OF ENERGY RESERVATION, AND CONTINUED SUPPORT OF THE LOCAL INDUSTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,183,512

Investment Income $6,503

Other Revenue $0

TOTAL REVENUE $5,190,015

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $483,070

Fundraising Expenses $0

Program Expenses $3,923,548

Other Expenses $3,190,478

TOTAL EXPENSES $3,923,548

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,190,015	$527,426	+8.8%
Expenses	$3,923,548	$870,182	+3.5%
Net Income	$1,266,467	$-342,756	-4.7%

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

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

N/A

Independent Members

N/A

Employees

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

Total Directors

$81,842

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN SHOEMAKER	ATTORNEY	40.00	Highest	$213,500	$0	$213,500
STEVE SHEPHERD	EXECUTIVE DI	40.00	Director	$81,842	$0	$81,842
CARLTON CAVE	BOARD MEMBER	2.00	Director	$0	$0	$0
RYAN CLEMMONS	BOARD MEMBER	2.00	Director	$0	$0	$0
JODY CRABTREE	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL DAVIS	BOARD MEMBER	2.00	Director	$0	$0	$0
TAMMY EALLONARDO	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT HORTON	BOARD MEMBER	2.00	Director	$0	$0	$0
DAN MINTER	VICE-CHAIRMA	6.00	Officer Director	$0	$0	$0
TONY MONTGOMERY	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE PAYTON	BOARD MEMBER	2.00	Director	$0	$0	$0
HERMAN POTTER	CHAIRMAN/PRE	6.00	Officer Director	$0	$0	$0
LARRY SCAGGS	TREASURER/SE	2.50	Officer Director	$0	$0	$0
MATT SNIDER	BOARD MEMBER	2.00	Director	$0	$0	$0
TEDDY WEST	BOARD MEMBER	2.00	Director	$0	$0	$0
TED WHEELER	BOARD MEMBER	2.00	Director	$0	$0	$0
TOM WOLTZ	BOARD MEMBER	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
2024	$5,190,015	$3,923,548	$2,923,894	$1,266,467
2023	$527,426	$870,182	$1,606,367	$-342,756
2022	$1,121,212	$3,497,016	$2,082,537	$-2,375,804
2021	$916,831	$1,112,424	$4,942,463	$-195,593
2020	$395,317	$884,223	$4,306,266	$-488,906
2019	$216,018	$635,918	$4,797,476	$-419,900
2018	$213,240	$764,406	$5,272,849	$-551,166

SOUTHERN OHIO DIVERSIFICATION INITIATIVE