CINCINNATI OBSERVATORY FOUNDATION (EIN 851009031) - 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

2020

Legal Domicile

Principal Officer

MEGAN OKUN

Phone

5133215186

Tax Period

2023-01-01 to 2023-12-31

CINCINNATI OBSERVATORY FOUNDATION, founded in 2020, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $63K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $197K exceeded revenue, resulting in a 211% operating deficit.

Mission

TO RAISE FUNDS FOR AND TO SUPPORT THE PROGRAMS AND ACTIVITIES OF THE CINCINNATI OBSERVATORY CENTER.

🔒

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 $0

Program Service Revenue $0

Investment Income $63,435

Other Revenue $0

TOTAL REVENUE $63,435

Expense Breakdown

Grants Paid $189,605

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,376

Other Expenses $7,771

TOTAL EXPENSES $197,376

Year-over-Year Comparison

	2023	2022	Change
Revenue	$63,435	$47,252	+0.3%
Expenses	$197,376	$156,409	+0.3%
Net Income	$-133,941	$-109,157	+0.2%

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

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
MEGAN OKUN	PRESIDENT AND DIRECTOR	1.00	Officer Director	$0	$0	$0
JOANNE PEDERSEN	SECRETARY AND DIRECTOR	1.00	Officer Director	$0	$0	$0
WES ERNST	FORMER TREASURER AND DIRECTOR	1.00	Officer Director	$0	$0	$0
ALICIA CULMAN	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH KNOLLMAN	FORMER DIRECTOR	1.00	Director	$0	$0	$0
ANNA COUTTS	DIRECTOR	1.00	Director	$0	$0	$0
EMILY WALLACE	TREASURER AND DIRECTOR	1.00	Officer Director	$0	$0	$0
JOHN PINNEY	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$63,435	$197,376	$1,550,997	$-133,941
2022	$47,252	$156,409	$1,577,717	$-109,157
2021	$1,881,657	$60,000	$1,872,336	$1,821,657

CINCINNATI OBSERVATORY FOUNDATION