NORTHWEST OHIO EDUCATIONAL TECHNOLOGY FOUNDATION

EIN: 341353718 501(c)(3) Education

BOWLING GREEN, OH

Total Revenue
$156,939
Total Expenses
$139,237
Total Assets
$28,229
Net Assets
$28,229
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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
1968
Legal Domicile
OH
Principal Officer
ROGER MINIER
Phone
4193727033
Tax Period
2024-07-01 to 2025-06-30

NORTHWEST OHIO EDUCATIONAL TECHNOLOGY FOUNDATION, founded in 1968, is a small nonprofit in the Education sector that reported $157K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $139K left a modest 11% surplus.

Mission

PROVIDE EDUCATIONAL TECHNOLOGY TRAINING TO NORTHWEST OHIO SCHOOL DISTRICTS

Program Service Accomplishments

Program 1
Expenses: $105,333 Revenue: $0

NWOET PROVIDED EDUCATIONAL TECHNOLOGY TRAINING AND MATERIALS TO USE IN THE CLASSROOM TO APPROXIMATELY 150 SCHOOL DISTRICTS IN NORTHWEST 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 $156,939
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $156,939

Expense Breakdown

Grants Paid $0
Salaries & Benefits $99,567
Fundraising Expenses $0
Program Expenses $105,333
Other Expenses $39,670
TOTAL EXPENSES $139,237

Year-over-Year Comparison

2024 2023 Change
Revenue $156,939 $217,835 -0.3%
Expenses $139,237 $215,321 -0.4%
Net Income $17,702 $2,514 +6.0%
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
9
Independent Members
9
Employees
3
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
4
$39,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA KELLER BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
JAN OSBORN BOARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JEFF YOUNG TREASURER 1.00
Officer Director
$0 $0 $0
PATRICK ADKINS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN ARNOLD BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE WELLS BOARD MEMBER 1.00
Director
$0 $0 $0
TONY BORTON BOARD MEMBER 1.00
Director
$0 $0 $0
GREG DENECKER BOARD MEMBER 1.00
Director
$0 $0 $0
ROGER MINIER EXECUTIVE DIRECTOR 20.00
Officer
$39,000 $0 $39,000
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 $156,939 $139,237 $28,229 $17,702
2024 $217,835 $215,321 $44,164 $2,514
2023 $176,282 $216,559 $57,391 $-40,277
2022 $231,480 $234,250 $60,536 $-2,770
2021 $253,629 $212,361 $66,286 $41,268
2020 $209,313 $246,931 $113,537 $-37,618
2019 $276,362 $278,240 $84,110 $-1,878
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