SOUTH CENTRAL OHIO TRANSIT

EIN: 844012792 501(c)(3)

HILLSBORO, OH

Total Revenue
$422,764
Total Expenses
$1,670,908
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
OH
Tax Period
2022-07-01 to 2023-06-30

SOUTH CENTRAL OHIO TRANSIT, founded in 2019, is a small nonprofit that reported $423K in total revenue in fiscal year 2022. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 295% operating deficit.

Mission

TO PROVIDE TRANSPORTATION SERVICES TO RESIDENTS WITH TRANSPORTATION NEEDS WITH PRIORITY SERVICE GIVEN TO SENIOR CITIZENS & PEOPLE WITH DISABILITIES

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $422,764
Investment Income $0
Other Revenue $0
TOTAL REVENUE $422,764

Expense Breakdown

Grants Paid $0
Salaries & Benefits $190,464
Fundraising Expenses $0
Program Expenses $1,670,908
Other Expenses $1,480,444
TOTAL EXPENSES $1,670,908

Year-over-Year Comparison

2022 2021 Change
Revenue $422,764 $1,414,895 -0.7%
Expenses $1,670,908 $1,126,515 +0.5%
Net Income $-1,248,144 $288,380 -5.3%
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
4
Independent Members
4
Employees
12
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEVERLY MATHIAS TRUSTEE 1.00
Director
$0 $0 $0
SUE FULTON SEC TREAS 1.00
Officer Director
$0 $0 $0
MARCELLA ABBOTT VICE CHAIR 1.00
Officer
$0 $0 $0
BRENDA CALVERT CHAIR 1.00
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
2023 $422,764 $1,670,908 No data $-1,248,144
2022 $1,414,895 $1,126,515 $1,284,860 $288,380
2021 $1,105,343 $1,063,332 $984,138 $42,011
2020 $124,870 $196,884 $955,452 $-72,014
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