JOSEPHS COAT OF CENTRAL OHIO INC (EIN 455429798) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

MICHAEL BOUCHARD

Phone

6148631371

Tax Period

2023-01-01 to 2023-12-31

JOSEPHS COAT OF CENTRAL OHIO INC, founded in 2013, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 4% surplus.

Mission

JOSEPHS COAT'S MISSIONS IS TO ANSWER GOD'S CALL TO LOVE AND SERVE OUR NEIGHBOR, BY PROVIDING CLOTHING, FURNITURE, AND HOUSEHOLD GOODS TO THOSE IN NEED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,577,990

Program Service Revenue $0

Investment Income $605

Other Revenue $-3,941

TOTAL REVENUE $1,574,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,178

Fundraising Expenses $0

Program Expenses $1,494,254

Other Expenses $1,487,638

TOTAL EXPENSES $1,511,816

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,574,654	$1,246,035	+0.3%
Expenses	$1,511,816	$1,226,591	+0.2%
Net Income	$62,838	$19,444	+2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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
MICHAEL BOUCHARD	PRESIDENT	10.00	Officer Director	$0	$0	$0
VERONICA SOWELL	TREASURER	10.00	Officer Director	$0	$0	$0
SARA HERNANDEZ	SECRETARY	5.00	Officer Director	$0	$0	$0
STEPHEN M CICAK	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JIM EVANS	DIRECTOR	5.00	Director	$0	$0	$0
LINDA HYLAND	DIRECTOR	10.00	Director	$0	$0	$0
MARILYN WIKOFF	DIRECTOR	5.00	Director	$0	$0	$0
DEVON ABDON	DIRECTOR	5.00	Director	$0	$0	$0
MIKE BARR	DIRECTOR - PARTIAL TERM	5.00	Director	$0	$0	$0
TOM BOROWSKI	DIRECTOR - PARTIAL TERM	5.00	Director	$0	$0	$0
RACHELLE BROWN	DIRECTOR - PARTIAL TERM	5.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,574,654	$1,511,816	$170,266	$62,838
2022	$1,246,035	$1,226,591	$104,250	$19,444
2021	$1,000,598	$1,040,494	$86,452	$-39,896
2020	$865,087	$838,625	$127,529	$26,462
2019	$1,172,546	$1,178,452	$104,475	$-5,906
2018	$1,307,011	$1,274,392	$107,350	$32,619

JOSEPHS COAT OF CENTRAL OHIO INC