THE JOINT ECONOMIC DEVELOPMENT INITIATIVE OF SOUTHERN OHIO (EIN 822335562) - 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

2017

Legal Domicile

Principal Officer

SAMUEL BRADY

Phone

7402862838

Tax Period

2023-01-01 to 2023-12-31

THE JOINT ECONOMIC DEVELOPMENT INITIATIVE OF SOUTHERN OHIO, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $392K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $225K, a strong 57% operating margin.

Mission

TO DEVELOP JOBS & ECONOMIC DEVELOPMENT FOR JACKSON, ROSS, PIKE, AND SCIOTO COUNTIES IN OHIO.

🔒

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 $392,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $392,000

Expense Breakdown

Grants Paid $149,113

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $166,618

Other Expenses $17,505

TOTAL EXPENSES $166,618

Year-over-Year Comparison

	2023	2022	Change
Revenue	$392,000	$415,275	-0.1%
Expenses	$166,618	$351,244	-0.5%
Net Income	$225,382	$64,031	+2.5%

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

N/A

Employees

N/A

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
JASON KESTER	PRESIDENT	40.00	Officer	$0	$0	$0
SAM BRADY	DIRECTOR/TREASURER	10.00	Officer 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
2024	No data	No data	No data	No data
2023	$392,000	$166,618	$296,360	$225,382
2022	$415,275	$351,244	$70,978	$64,031
2021	$427,000	$438,679	$6,947	$-11,679
2020	$427,850	$603,632	$18,626	$-175,782
2019	$428,000	$445,491	$194,408	$-17,491

THE JOINT ECONOMIC DEVELOPMENT INITIATIVE OF SOUTHERN OHIO