Christian Home Educators of Ohio In (EIN 341598704) - 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

1988

Legal Domicile

Phone

7405222460

Tax Period

2024-01-01 to 2024-12-31

Christian Home Educators of Ohio In, founded in 1988, is a micro nonprofit in the Religion sector that reported $37K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

Christian Home Educators of Ohio exists for the promotion of home education and provides guidance and assistance to parents who have opted to educate their children at home. Our Mission Statement is: CHEO acknowledges thtat the Lord Jesus Christ must be central and supreme in reearing of our children, and that Biblical education is an inseparable part of the Christian faith. CHEO seeks to preserve the God-given constitutional right to home educate and to support and encourage families in fulfilling this Biblical responsibility.

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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 $37,060

Program Service Revenue $0

Investment Income $0

Other Revenue $167

TOTAL REVENUE $37,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,814

Fundraising Expenses $0

Other Expenses $23,479

TOTAL EXPENSES $38,293

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,227	$53,671	-0.3%
Expenses	$38,293	$47,145	-0.2%
Net Income	$-1,066	$6,526	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rachel Ballard	Secretary	0.00	Officer	$0	$0	$0
John Elsey	Vice Chairman	4.00	Officer	$0	$0	$0
Lewis Ballard	Treasurer	0.00	Officer	$0	$0	$0
Matthew Ramer	Chairman	0.00	Officer	$0	$0	$0
Melanie Elsey	Legislative Liasion	4.00	Officer	$0	$0	$0
Chris McCraken	Board Member	0.00	Officer	$0	$0	$0
Casey McCraken	Board Member	0.00	Officer	$0	$0	$0
Jeannie Ramer	Board Member	0.00	Officer	$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	$37,227	$38,293	$29,399	$-1,066
2021	$50,484	$34,167	$29,840	$16,317
2020	$37,725	$32,632	$13,523	$5,093
2019	$43,666	$43,500	$8,430	$166
2018	$33,986	$43,418	$8,329	$-9,432

Christian Home Educators of Ohio In