Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
EIN 02-0580058 • 501(c)3 • Columbus, OH
Profile
Economic development: investigation and study of various areas of need for the development of plans and programs to be undertaken and the creation of strategies and programming to begin executing the same.
Refreshing map…
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 31.1% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Down$3,738,603
Down $4,777,917 (-56%) from 2023
Liabilities
Up$1,545,128
Up $1,100,397 (+247%) from 2023
Net Assets
Down$2,193,475
Down $5,878,314 (-73%) from 2023
Revenue
Down$2,065,507
Down $7,297,170 (-78%) from 2023
Expenses
Down$4,353,677
Down $114,189 (-2.6%) from 2023
Net Income
Down-$2,288,170
Down $7,182,981 (-147%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Economic development: investigation and study of various areas of need for the development of plans and programs to be undertaken and the creation of strategies and programming to begin executing the same.
See schedule o for a description of the organization's mission and most significant activities: economic development and civic advocacy: to engage in the conduct of investigations and studies and to develop plans, programs and actions to be undertaken in the greater columbus area to secure its long-term, broad-based vitality and prosperity.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $1,210,950 | $925,201 | ▼ $285,749 |
| Land, Buildings, and Equipment, Net | $770,513 | $672,893 | ▼ $97,620 |
| Cash and Non-Interest-Bearing Accounts | - | $641,185 | - |
| Savings and Temporary Cash Investments | $6,133,333 | $319,347 | ▼ $5,813,986 |
| Accounts Receivable | $299,724 | $266,724 | ▼ $33,000 |
| Investments Other Securities | $102,000 | $101,500 | ▼ $500 |
| Prepaid Expenses and Deferred Charges | - | $8,847 | - |
| Total Assets | $8,516,520 | $3,738,603 | ▼ $4,777,917 |
| Other Assets Total | $0 | $802,906 | ▲ $802,906 |
| Liabilities | |||
| Other Liabilities | $0 | $844,291 | ▲ $844,291 |
| Accounts Payable and Accrued Expenses | $444,731 | $700,837 | ▲ $256,106 |
| Total Liabilities | $444,731 | $1,545,128 | ▲ $1,100,397 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $8,071,789 | $1,727,977 | ▼ $6,343,812 |
| Net Assets With Donor Restrictions | - | $465,498 | - |
| Total Net Assets Fund Balance | $8,071,789 | $2,193,475 | ▼ $5,878,314 |
| Total Liabilities and Net Assets / Fund Balance | $8,516,520 | $3,738,603 | ▼ $4,777,917 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $613,346 | $408,897 | $1,022,243 |
| Equipment | $25,059 | $198,895 | $223,954 |
| Other Land Buildings | $34,488 | $130,387 | $164,875 |
| Other Assets Org | $802,906 | - | - |
| Name | Title |
|---|---|
| Steve Steinour | Co-chairman |
| Kenneth Mcdonald | President and CEO |
| Mark Patton | Vice President, New Busine |
| Adam Johnson | Director |
| Adam Weinberg Phd | Director |
| Alex E Timm | Director |
| Andrew Rose | Director |
| Arthur W Scherbel | Director |
| Billy Vickers | Director |
| Bradley L Campbell | Director |
| Brent D Crawford | Director |
| Brett L Kaufman | Director |