Civic Intelligence

Techgrowth Ohio Fund

990 • Fiscal year 2024 • EIN 26-3412079

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 05, 2024

Organization ProfileN/A
The Ridges Bldg 19 1 OH UniversityAthens, OH 45701

(740) 593-2379

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.04x

Higher debt load relative to assets than 32% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

1.45x

Higher debt load relative to revenue than 88% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$697,968

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 360.4% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

66th percentile

11%

Faster asset growth than 66% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-94%

Faster revenue growth than 1% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$7,871,175

Up $759,689 (+11%) from 2023

Net Assets

Up

$7,591,085

Up $992,370 (+15%) from 2023

Liabilities

Down

$280,090

Down $232,681 (-45%) from 2023

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin99th percentile

Revenue

Down

$193,662

Down $2,837,214 (-94%) from 2023

Expenses

Down

$2,519

Down $18,719 (-88%) from 2023

Net Income

Down

$191,143

Down $2,818,495 (-94%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2020: $3,038,547Liabilities 2020: $0Net Assets 2020: $3,038,5472020Assets 2021: $5,061,886Liabilities 2021: $0Net Assets 2021: $5,061,8862021Assets 2022: $4,232,891Liabilities 2022: $0Net Assets 2022: $4,232,8912022Assets 2023: $7,111,486Liabilities 2023: $512,771Net Assets 2023: $6,598,7152023Assets 2024: $7,871,175Liabilities 2024: $280,090Net Assets 2024: $7,591,0852024Assets 2025: $10,680,587Liabilities 2025: $280,090Net Assets 2025: $10,400,4972025

Highlighted filing

2024

Assets$7,871,175
Liabilities$280,090
Net Assets$7,591,085
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: -$186,732Expenses 2020: $40,406Net Income 2020: -$227,1382020Revenue 2021: $348,504Expenses 2021: $84,352Net Income 2021: $264,1522021Revenue 2022: $2,240,718Expenses 2022: $886,640Net Income 2022: $1,354,0782022Revenue 2023: $3,030,876Expenses 2023: $21,238Net Income 2023: $3,009,6382023Revenue 2024: $193,662Expenses 2024: $2,519Net Income 2024: $191,1432024Revenue 2025: $764,960Expenses 2025: $0Net Income 2025: $764,9602025

Highlighted filing

2024

Revenue$193,662
Expenses$2,519
Net Income$191,143
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$535,100
Mission and Program Overview

Mission

The TechGrowth Ohio Fund is organized and operated exclusively for the benefit of, to perform the functions of, and to carry out the purposes of Ohio University. In furtherance of such purposes, the TechGrowth Ohio Fund operates in the furtherance of the advancement of technology, including, without limitation, to increase technology-based and/or other entrepreneurial commercialization ventures throughout southeast Ohio, with a focus on strategic technology-based sectors that offer economic development prospects for the region.

TECHGROWTH OHIO FUND is a venture fund that was borne out of the TECHGROWTH OHIO PROGRAM. The TECHGROWTH OHIO PROGRAM is an essential part of the entrepreneurship-related mission of the Voinovich School and research commercialization efforts of Ohio University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$2,614,490$3,524,406▲ $909,916
Savings and Temporary Cash Investments$1,092,000$1,552,143▲ $460,143
Cash and Non-Interest-Bearing Accounts$2,614,316$1,488,566▼ $1,125,750
Other Notes and Loans Receivable, Net$508,600$951,580▲ $442,980
Accounts Receivable$282,080$354,480▲ $72,400
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$7,111,486$7,871,175▲ $759,689
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$512,771$280,090▼ $232,681
Total Liabilities$512,771$280,090▼ $232,681
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,598,715$7,591,085▲ $992,370
Total Net Assets Fund Balance$6,598,715$7,591,085▲ $992,370
Total Liabilities and Net Assets / Fund Balance$7,111,486$7,871,175▲ $759,689

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$20,000--
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleOtherTotal
-Vice President/ Secretary (Thru 05/08/2024)$149,077$149,077
-Treasurer (Begin 11/15/2023)$142,908$142,908

Board Members and Trustees

NameTitle
-President
-Trustee
-TRUSTEE (Begin 01/01/2024)
-Secretary (Begin 04/30/2024)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$193,662
Other Revenue
$0
Change in Net Assets
$191,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,519
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$2,519--$2,519
Total Functional Expenses$2,519$0$0$2,519
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
payables due to third party$280,090
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A PROCESS FOR DETERMINING COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS

“The organization does not have any top management officials that receive compensation. Therefore, this question has been answered "no" in accordance with the form instructions.”

Form 990, Part VI, Line 15B PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERS

“The organization does not have any other officers and key employees that receive compensation. Therefore, this question has been answered "no" in accordance with the form instructions.”

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

“Ohio university, the supported organization, nominates two of the five trustees in accordance with their memorandum of agreement.”

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

“No committee had authority to act on behalf of the governing body during the year; therefore, this question has been answered no.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The Full Form 990 is sent electronically to the full board for their review prior to filing with the IRS.”

Form 990, Part VI, Line 12C Conflict of interest policy

“Board Members annually review the conflict of interest policy. Should a conflict occur, the board member would be restricted from participating in deliberations and decisions on transactions with the organization in conflict.”

Form 990, Part VI, Line 19 Required documents available to the public

“An organization's governing documents, financial statements, and conflict of interest policy are not required disclosures pursuant to internal revenue code (irc) section 6104. These documents are not available to the public at this time.”

Filing and Contact Details

Filer

Filer Name
TechGrowth Ohio Fund
EIN
26-3412079
Phone
7405932379
Address
The Ridges Bldg 19 1 OH University, Athens, OH 45701

Signing Officer

Name
Lynn Gellermann
Title
President
Phone
7405932379
Signed
2024-11-05
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Crowe Llp
Address
9600 Brownsboro Road Suite 400, Louisville, KY 40241-3902
Preparer
Kim Scifres
Phone
5023263996
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

“Pending Payment of Capital Contribution Distribution - -430090; Adjustment to common stock per basis value - 532387;”

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IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OHIO UNIVERSITY, THE SUPPORTED ORGANIZATION, NOMINATES TWO OF THE FIVE TRUSTEES IN ACCORDANCE WITH THEIR MEMORANDUM OF AGREEMENT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1TECHGROWTH OHIO FUND IS CLOSELY RELATED TO THE OHIO DEPARTMENT OF DEVELOPMENT AND THE OHIO THIRD FRONTIER PROGRAM. THE STATE OF OHIO has Provided SIGNIFICANT FUNDING THAT SUPPORTS THE ACTIVITIES OF TECHGROWTH OHIO FUND THROUGH THE THIRD FRONTIER PROGRAM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section D, Line 3 Supp. Org. Have Significant Voice In Investment Policies
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part IV, Section E, Line 1c The Organization Supported A Government Entity Explanation
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0316402113
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Ohio University
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt045197
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt13459209
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt220000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Preferred Stock - Program Related Investments
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Common Stock - Program Related Investments
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2Investment-Membership (AOIA)
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0280090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0payables due to third party
IRS990ScheduleD/TotalBookValueProgramRltdAmt03524406
IRS990ScheduleD/TotalLiabilityAmt0280090
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt02000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt114000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt22000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt32000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt0Mark Weinberg
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt1Kenneth Johnson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt2Jackie Rees Ulmer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt3Lynn Gellermann
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0113790
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1602904
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2302220
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3222655
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt026953
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt135548
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt232723
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt326894
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt043744
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt145516
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt243501
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt327674
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt030000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt311278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0216487
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1697968
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2380444
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3290501
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY TOP MANAGEMENT OFFICIALS THAT RECEIVE COMPENSATION. THEREFORE, THIS QUESTION HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM INSTRUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY OTHER OFFICERS AND KEY EMPLOYEES THAT RECEIVE COMPENSATION. THEREFORE, THIS QUESTION HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM INSTRUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OHIO UNIVERSITY, THE SUPPORTED ORGANIZATION, NOMINATES TWO OF THE FIVE TRUSTEES IN ACCORDANCE WITH THEIR MEMORANDUM OF AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No committee had authority to act on behalf of the governing body during the year; therefore, this question has been answered no.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Full Form 990 is sent electronically to the full board for their review prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board Members annually review the conflict of interest policy. Should a conflict occur, the board member would be restricted from participating in deliberations and decisions on transactions with the organization in conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AN ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Pending Payment of Capital Contribution Distribution - -430090; Adjustment to common stock per basis value - 532387;
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 15a PROCESS FOR DETERMINING COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15b PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a Members or stockholders electing members of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, Line 9 Other changes in net assets or fund balances
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Ohio University
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0316402113
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0University
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0Cutler Hall
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0Room 108

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,871,175
Liabilities
$280,090
Net assets
$7,591,085
Revenue
$193,662
Expenses
$2,519
Net income
$191,143
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.7$0.28$10.4$0.76$0.00$0.76
2024Detailed filing. Detailed filing data is available for this year.$7.87$0.28$7.59$0.19$0.00$0.19
2023Detailed filing. Detailed filing data is available for this year.$7.11$0.51$6.60$3.03$0.02$3.01
2022Detailed filing. Detailed filing data is available for this year.$4.23$0.00$4.23$2.24$0.89$1.35
2021Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$0.35$0.08$0.26
2020Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$0.19$0.04$0.23