The Research & Educational Foundation of the Ohio Hospital Association

EIN: 316060347 501(c)(3)

Columbus, OH

Total Revenue
$673,139
Total Expenses
$839,443
Total Assets
$8,798,861
Net Assets
$8,630,854
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
OH
Phone
6142217614
Tax Period
2023-01-01 to 2023-12-31

The Research & Educational Foundation of the Ohio Hospital Association, founded in 1965, is a small nonprofit that reported $673K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $839K exceeded revenue, resulting in a 25% operating deficit.

Mission

The mission of The Research and Educational Foundation of The Ohio Hospital Association is to evaluate, focus, and engage in leading change activities that enable the pursuit of excellence resulting in demonstrable improvement in safety, quality, and health equity in our communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,000
Program Service Revenue $504,731
Investment Income $163,408
Other Revenue $0
TOTAL REVENUE $673,139

Expense Breakdown

Grants Paid $0
Salaries & Benefits $339,934
Fundraising Expenses $0
Program Expenses $683,480
Other Expenses $499,509
TOTAL EXPENSES $839,443

Year-over-Year Comparison

2023 2022 Change
Revenue $673,139 $982,925 -0.3%
Expenses $839,443 $1,102,340 -0.2%
Net Income $-166,304 $-119,415 +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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
N/A
Volunteers
50

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
4
$2,140,925
Total Directors
12
$1,165,502
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Chair 1.0
Officer Director
$0 $0 $0
N/A President & CEO 1.0
Officer Director
$0 $221,079 $1,165,502
N/A Trustee-at-Large 1.0
Director
$0 $0 $0
N/A Trustee-at-large 1.0
Director
$0 $0 $0
N/A Trustee-at-Large 1.0
Director
$0 $0 $0
N/A Trustee-at-Large 1.0
Director
$0 $0 $0
N/A Trustee-at-Large 1.0
Director
$0 $0 $0
N/A Trustee-at-large 1.0
Director
$0 $0 $0
N/A Trustee-at-Large 1.0
Director
$0 $0 $0
N/A Trustee-at-Large 1.0
Director
$0 $0 $0
N/A Trustee-at-Large 1.0
Director
$0 $0 $0
N/A Trustee-at-Large 1.0
Director
$0 $0 $0
N/A Senior VP/Chief Clinical Officer 4.0
Officer
$0 $103,996 $345,803
N/A Executive VP & Chief of Staff (Through April 2023) 1.0
Officer
$0 $111,018 $629,620
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 $673,139 $839,443 $8,798,861 $-166,304
2022 $982,925 $1,102,340 $8,363,717 $-119,415
2021 $1,337,013 $2,040,632 $9,977,028 $-703,619
2020 $7,940,860 $7,631,218 $11,174,767 $309,642
2019 $5,002,108 $4,248,498 $10,732,002 $753,610
2018 $5,676,616 $5,223,493 $9,229,388 $453,123
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