OHIO SEED IMPROVEMENT ASSOCIATION (EIN 314379745) - 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

1928

Legal Domicile

Principal Officer

ERIC GROLL

Phone

6148891136

Tax Period

2024-01-01 to 2024-12-31

OHIO SEED IMPROVEMENT ASSOCIATION, founded in 1928, is a small nonprofit that reported $414K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $356K left a modest 14% surplus.

Mission

TO PROMOTE AND FACILITATE THE MOVEMENT OF SEED OR PLANT PRODUCTS IN LOCAL, NATIONAL, AND INTERNATIONAL MARKETS THROUGH THE COORDINATED EFFORTS OF OFFICIAL SEED CERTIFICATION AGENCIES TO VERIFY THAT SEED OR PLANT PRODUCTS MEET CERTAIN ACCEPTED STANDARDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $14,345

Program Service Revenue $349,673

Investment Income $46,848

Other Revenue $2,889

TOTAL REVENUE $413,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $240,692

Fundraising Expenses $0

Program Expenses $213,192

Other Expenses $115,466

TOTAL EXPENSES $356,158

Year-over-Year Comparison

	2024	2023	Change
Revenue	$413,755	$363,152	+0.1%
Expenses	$356,158	$389,752	-0.1%
Net Income	$57,597	$-26,600	-3.2%

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

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

$110,732

Total Directors

$110,732

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN ARMSTRONG	SECRETARY/MGR	40.00	Officer Director	$39,950	$0	$39,950
TIM DEBOLT	DIRECTOR	1.00	Director	$0	$0	$0
DAN KENNY	DIRECTOR	1.00	Director	$0	$0	$0
DR KELLEY TILMON	DIRECTOR	1.00	Director	$0	$0	$0
LAURA LINDSEY	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
KEN MILLER	DIRECTOR	1.00	Director	$0	$0	$0
GREG RAMSEY	DIRECTOR	1.00	Director	$0	$0	$0
CLAY SNELLER	DIRECTOR	1.00	Director	$0	$0	$0
BRAD SNYDER	TREASURER	1.00	Officer Director	$0	$0	$0
CRIS WENSINK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DON GRIMES	PRESIDENT	1.00	Officer Director	$0	$0	$0
LESLEY RIKER	DIRECTOR	1.00	Director	$0	$0	$0
ERIC GROLL	CHIEF INSPECTOR	40.00	Officer Director	$70,782	$0	$70,782

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
2025	No data	No data	No data	No data
2024	$413,755	$356,158	$1,374,179	$57,597
2023	$363,152	$389,752	$1,341,900	$-26,600
2022	$1,467,985	$755,688	$1,316,013	$712,297
2021	$776,655	$789,256	$644,088	$-12,601
2020	$847,652	$843,896	$771,474	$3,756
2019	$780,071	$846,668	$649,402	$-66,597
2018	$844,125	$874,348	$752,732	$-30,223

OHIO SEED IMPROVEMENT ASSOCIATION