Civic Intelligence

Adams and Brown Counties Economic Opportunities

EIN 31-0710683 • 501(c)3 • Georgetown, OH

Profile

To provide a wide range of services and opportunities designed to reduce poverty and assist low- to moderate-income individuals in becoming self-sufficient.

Refreshing map…

406 West Plum StreetGeorgetown, OH 45121

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.45x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.31x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

36th percentile

-0.1%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

25th percentile

$113,409

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

21st percentile

-3.5%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-14%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$11,160,701

Down $754,550 (-6.3%) from 2022

Liabilities

Down

$5,054,901

Down $376,548 (-6.9%) from 2022

Net Assets

Down

$6,105,800

Down $378,002 (-5.8%) from 2022

Revenue

Down

$16,546,946

Down $2,556,489 (-13%) from 2022

Expenses

Down

$16,555,564

Down $1,950,482 (-11%) from 2022

Net Income

Down

-$8,618

Down $606,007 (-101%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $5,452,444Liabilities 2010: $3,571,660Net Assets 2010: $1,880,7842010Assets 2011: $5,601,068Liabilities 2011: $3,355,963Net Assets 2011: $2,245,1052011Assets 2012: $4,880,586Liabilities 2012: $3,091,343Net Assets 2012: $1,789,2432012Assets 2013: $4,494,159Liabilities 2013: $2,294,838Net Assets 2013: $2,199,3212013Assets 2014: $4,427,703Liabilities 2014: $2,157,645Net Assets 2014: $2,270,0582014Assets 2015: $6,092,337Liabilities 2015: $3,819,891Net Assets 2015: $2,272,4462015Assets 2016: $6,223,422Liabilities 2016: $3,797,976Net Assets 2016: $2,425,4462016Assets 2017: $6,568,643Liabilities 2017: $4,009,198Net Assets 2017: $2,559,4452017Assets 2019: $9,028,170Liabilities 2019: $4,364,004Net Assets 2019: $4,664,1662019Assets 2020: $10,075,027Liabilities 2020: $5,207,729Net Assets 2020: $4,867,2982020Assets 2021: $10,344,175Liabilities 2021: $4,457,762Net Assets 2021: $5,886,4132021Assets 2022: $11,915,251Liabilities 2022: $5,431,449Net Assets 2022: $6,483,8022022Assets 2024: $11,160,701Liabilities 2024: $5,054,901Net Assets 2024: $6,105,8002024

Highlighted filing

2024

Assets$11,160,701
Liabilities$5,054,901
Net Assets$6,105,800

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $13,964,1072010Expenses 2011: $13,184,6442011Expenses 2012: $12,140,4442012Revenue 2013: $11,075,606Expenses 2013: $10,665,528Net Income 2013: $410,0782013Revenue 2014: $11,119,732Expenses 2014: $10,897,244Net Income 2014: $222,4882014Revenue 2015: $10,647,857Expenses 2015: $10,739,589Net Income 2015: -$91,7322015Revenue 2016: $10,483,827Expenses 2016: $10,381,550Net Income 2016: $102,2772016Revenue 2017: $10,554,891Expenses 2017: $10,420,892Net Income 2017: $133,9992017Revenue 2019: $12,757,958Expenses 2019: $12,394,727Net Income 2019: $363,2312019Revenue 2020: $13,609,573Expenses 2020: $13,406,441Net Income 2020: $203,1322020Revenue 2021: $16,374,406Expenses 2021: $15,355,291Net Income 2021: $1,019,1152021Revenue 2022: $19,103,435Expenses 2022: $18,506,046Net Income 2022: $597,3892022Revenue 2024: $16,546,946Expenses 2024: $16,555,564Net Income 2024: -$8,6182024

Highlighted filing

2024

Revenue$16,546,946
Expenses$16,555,564
Net Income-$8,618

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$5.05$6.11$16.5$16.6$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$5.43$6.48$19.1$18.5$0.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$4.46$5.89$16.4$15.4$1.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$5.21$4.87$13.6$13.4$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.03$4.36$4.66$12.8$12.4$0.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.57$4.01$2.56$10.6$10.4$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.22$3.80$2.43$10.5$10.4$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.09$3.82$2.27$10.6$10.7$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.43$2.16$2.27$11.1$10.9$0.22
2013Detailed filing. Detailed filing data is available for this year.$4.49$2.29$2.20$11.1$10.7$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$3.09$1.79$12.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.60$3.36$2.25$13.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.45$3.57$1.88$14.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 21, 2025
Return Version
2024v5.2
Gross Receipts
$17,151,084
Mission and Program Overview

Mission

To provide a wide range of services and opportunities designed to reduce poverty and assist low- to moderate-income individuals in becoming self-sufficient.

To provide services and opportunities to reduce poverty and assist low to moderate income individuals in becoming self-sufficient

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,095,012$5,791,462▼ $303,550
Savings and Temporary Cash Investments$1,725,141$2,310,219▲ $585,078
Pledges and Grants Receivable$1,647,151$1,313,947▼ $333,204
Other Notes and Loans Receivable, Net$1,300,000$1,300,000→ $0
Cash and Non-Interest-Bearing Accounts$274,533$170,891▼ $103,642
Prepaid Expenses and Deferred Charges$50,557$92,489▲ $41,932
Inventories for Sale or Use$30,095$91,543▲ $61,448
Accounts Receivable$389,617$67,298▼ $322,319
Total Assets$11,560,302$11,160,701▼ $399,601
Other Assets Total$48,196$22,852▼ $25,344
Liabilities
Other Liabilities$3,337,341$3,298,451▼ $38,890
Deferred Revenue$1,307,385$910,375▼ $397,010
Accounts Payable and Accrued Expenses$773,547$817,979▲ $44,432
Tax Exempt Bond Liabilities$27,611$28,096▲ $485
Total Liabilities$5,445,884$5,054,901▼ $390,983
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,021,931$4,292,067▲ $270,136
Net Assets With Donor Restrictions$2,092,487$1,813,733▼ $278,754
Total Net Assets Fund Balance$6,114,418$6,105,800▼ $8,618
Total Liabilities and Net Assets / Fund Balance$11,560,302$11,160,701▼ $399,601

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,299,452$2,052,633$6,352,085
Equipment$873,010$3,318,352$4,191,362
Land$619,000-$619,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel WickerhamExecutive DirectorFT$113,409$113,409

Board Members and Trustees

NameTitle
Barry WoodruffBoard of Trustee
Becky CropperBoard of Trustee
Chris HaberzettlBoard of Trustee
Daryll GrayBoard of Trustee
Diane WardBoard of Trustee
Jason WorkBoard of Trustee
Jean RickeyBoard of Trustee
Jennifer PatrickBoard of Trustee
Jimmy ThomasBoard of Trustee
Linda SteppBoard of Trustee
Lynn HardenBoard of Trustee
Lynne BarberBoard of Trustee
Patty WilmothBoard of Trustee
Ray BecraftBoard of Trustee
Richard DrydenBoard of Trustee
Sheila MaggardBoard of Trustee
Tammy CrothersBoard of Trustee
Tony ApplegateBoard of Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$15,061,092
Program Service Revenue
$659,296
Investment Income
$-5,005
Other Revenue
$831,563
All Other Contributions
$78,738
Change in Net Assets
$-8,618

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,546,946
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$648,618
Total Revenue per Audited Statements
$17,195,564
Total Revenue per Form 990
$16,546,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,261,394
Other Expenses$7,294,170
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,331,619$816,366-$9,147,985
Occupancy$999,822$366,786-$1,366,608
All Other Expenses$1,306,818$47,309-$1,354,127
Other Expenses$708,022$10,883-$718,905
Office Expenses$499,641$38,357-$537,998
Travel$213,631$32,109-$245,740
Insurance$191,652$34,907-$226,559
Current Officers, Directors, Trustees, and Key Employees-$113,409-$113,409
Total Functional Expenses$15,001,980$1,553,584$0$16,555,564

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$17,152,172
Expenses per Audited Statements$16,555,564
Total Expenses per Form 990$16,555,564
Expenses Not Reported on Form 990$596,608
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$3,901
Gaming Gross Income$3,120
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$2,680,223
Accrued Payroll & Related Expenses$595,310
Lease Liability$22,918
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11B

Each board member receives a copy of the 990 and it is discussed during the board meeting.

Form 990, Part VI, Section B, Line 12C

Governing documents, conflict of interest policy, and financial statements are given to the board of trustees. They are able to share this information with the organizations they represent as well as other area residents. Agency records that can be shared with the public are available during working hours, monday through friday, 8 a.m. To 4:30 p.m., at the main office located at 406 w. Plum street, georgetown, oh 45121.

Form 990, Part VI, Section B, Line 15

Executive director: is evaluated annually by the board of trustees' personnel committee. The committee meets, reviews information, interviews the executive director, and compiles a written evaluation, using a pre-printed form) which is then discussed with the executive director. The completed evaluation is approved by the full board of trustees. Compensation is recommended by the personnel committee and approved by the full board of trustees. Documentation: written evaluation, signature of the executive director on evaluation, and board of trustees' meeting minutes. Other officers or key employees of the organization: each employee is evaluated on an annual basis by his/her supervisor using a pre-printed form. The evaluation is discussed with the employee. Both the supervisor and the employee sign the evaluation form. The board of trustees determines annually if a cost of living increase will be given to all employees and if so, the rate or flat amount. They also approve a range and an average per employee for merit increases. Within those specifications, individual merit increases are recommended by the supervisor and approved by the executive director.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are given to the board of trustees. They are able to share this information with the organizations they represent as well as other area residents. Agency records that can be shared with the public are available during working hours, monday through friday, 8 a.m. To 4:30 p.m., at the main office located at 406 w. Plum street, georgetown, oh 45121.

Filing and Contact Details

Filer

Filer Name
Adams and Brown Counties Economic
EIN
31-0710683
Phone
9373786041
Address
406 WEST PLUM STREET, GEORGETOWN, OH 45121

Signing Officer

Name
Daniel Wickerham
Title
Executive Director
Phone
9373786041
Signed
2025-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Wickerham
Formed
1965
Legal Domicile
Oh
Voting Board Members
18
Independent Board Members
18
Employees
365
Volunteers
1,440

Preparer

Firm
S R Snodgrass Ac
Address
980 NATIONAL ROAD, WHEELING, WV 26003
Preparer
William J Hall Ea
Phone
3042335030
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Abcap has qualified for a tax exemption under section 501(c)(3) of the internal revenue code and, accordingly, no provision has been recorded for income taxes in the accompanying consolidated financial statements. Abcap has analyzed tax positions taken for filing with the internal revenue service and all state and local jurisdictions where it operates. Abcap believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on abcap's consolidated statement of financial position and consolidated statements of activities. Accordingly, abcap has not recorded any reserves, or related accruals, for interest and penalties for uncertain tax positions at december 31, 2024. Abcap is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Abcap believes it is no longer subject to income tax examinations for years prior to calendar year 2021.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expense 1,437. Investment income from abcap foundation separately reported 52,011. Rounding -1.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expense 1,437.

Raw XML AppendixShowing 400 of 508 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ABCAP HAS QUALIFIED FOR A TAX EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN RECORDED FOR INCOME TAXES IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. ABCAP HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE AND LOCAL JURISDICTIONS WHERE IT OPERATES. ABCAP BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ABCAP'S CONSOLIDATED STATEMENT OF FINANCIAL POSITION AND CONSOLIDATED STATEMENTS OF ACTIVITIES. ACCORDINGLY, ABCAP HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS, FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2024. ABCAP IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. ABCAP BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO CALENDAR YEAR 2021.

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