Southern Ohio Career Academy

EIN: 922537705 501(c)(3) Education

Chillicothe, OH

Total Revenue
$453,110
Total Expenses
$665,310
Total Assets
$192,605
Net Assets
$-212,200
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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
2023
Legal Domicile
OH
Principal Officer
Joseph Crawfis
Phone
7406722155
Tax Period
2023-07-01 to 2024-06-30

Southern Ohio Career Academy, founded in 2023, is a small nonprofit in the Education sector that reported $453K in total revenue in fiscal year 2023. Expenses of $665K exceeded revenue, resulting in a 47% operating deficit.

Mission

It is the mission of Southern Ohio Career Academy to educate all students to the highest levels of academic achievement where they are continuously challenged to think perform and grow into lifelong learners.

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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 (2023)

Revenue Breakdown

Contributions & Grants $453,110
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $453,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $-780
Fundraising Expenses $0
Program Expenses $529,445
Other Expenses $666,090
TOTAL EXPENSES $665,310

Year-over-Year Comparison

2023 2022 Change
Revenue $453,110 N/A N/A
Expenses $665,310 N/A N/A
Net Income $-212,200 $0 N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randy Bloss President 0.50
Officer Director
$0 $0 $0
Scott Crace Director 0.50
Director
$0 $0 $0
Jay Osborne Director 0.50
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 $453,110 $665,310 $192,605 $-212,200
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