Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Development Projects Inc
EIN 31-1425883 • 501(c)6 • Dayton, OH
Profile
The mission of the coalition is to recruit, expand and retain jobs in the dayton region. The coalition focuses on growing the 14-county dayton region and bolsters job creation and opportunity by supporting entrepreneurial activity, retaining and attracting businesses, and advocating for and promoting the region's assets at the local, state and national levels.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.64x
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 12.1% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
8th percentile
Faster revenue growth than 8% of similar nonprofits.
Balance Sheet
Assets
Down$1,147,397
Down $224,313 (-16%) from 2023
Liabilities
Down$735,272
Down $264,125 (-26%) from 2023
Net Assets
Up$412,125
Up $39,812 (+11%) from 2023
Revenue
Down$3,584,863
Down $811,879 (-18%) from 2023
Expenses
Down$3,545,051
Down $803,116 (-18%) from 2023
Net Income
Down$39,812
Down $8,763 (-18%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $1,147,397
- Liabilities
- $735,272
- Net assets
- $412,125
- Revenue
- $3,584,863
- Expenses
- $3,545,051
- Net income
- $39,812
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 10, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $3,584,863
Mission and Program Overview
Mission
The mission of the coalition is to recruit, expand and retain jobs in the dayton region. The coalition focuses on growing the 14-county dayton region and bolsters job creation and opportunity by supporting entrepreneurial activity, retaining and attracting businesses, and advocating for and promoting the region's assets at the local, state and national levels.
To retain, expand and recruit jobs in the dayton region.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,076,845 | $971,923 | ▼ $104,922 |
| Rtn Earn Endowment Incm Other Fnds | $372,313 | $412,125 | ▲ $39,812 |
| Accounts Receivable | $294,865 | $175,474 | ▼ $119,391 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $1,371,710 | $1,147,397 | ▼ $224,313 |
| Liabilities | |||
| Other Liabilities | $613,941 | $369,865 | ▼ $244,076 |
| Deferred Revenue | $289,690 | $285,774 | ▼ $3,916 |
| Accounts Payable and Accrued Expenses | $95,766 | $79,633 | ▼ $16,133 |
| Total Liabilities | $999,397 | $735,272 | ▼ $264,125 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $372,313 | $412,125 | ▲ $39,812 |
| Total Liabilities and Net Assets / Fund Balance | $1,371,710 | $1,147,397 | ▼ $224,313 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $0 | $58,128 | $58,128 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| John Landess | Chair |
| Jeffery C Hoagland | President & CEO |
| Dan Curran | Trustee |
| Dan Mccabe | Trustee |
| Erin Rolfes | Trustee |
| James Carty | Trustee |
| Jesse Lightle | Trustee |
| Mark Williams | Trustee |
| David R Harrison | CFO |
| Elaine Bryant | Evp - Aerospace and Defens |
| David Burrows | Evp - Engagement & Busines |
| Julie Sullivan | Evp - Regional Development |
| Michael D Gessel | VP - FEDERAL GOV'T PROGRAM |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| The Roosevelt Group LLC | Consulting | 200 MASSACHUSETTS AVE NW SUITE 36, Washington, DC 20001 | $180,000 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $3,574,951
- Program Service Revenue
- $0
- Investment Income
- $9,912
- Other Revenue
- $0
- Change in Net Assets
- $39,812
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $3,584,863
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Total Revenue per Audited Statements
- $3,584,863
- Total Revenue per Form 990
- $3,584,863
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $3,545,051 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | - | - | - | $2,638,118 |
| Conferences and Meetings | - | - | - | $281,848 |
| Travel | - | - | - | $137,869 |
| Occupancy | - | - | - | $112,736 |
| Advertising | - | - | - | $83,000 |
| Fees for Services Accounting | - | - | - | $18,190 |
| Information Technology | - | - | - | $3,048 |
| Office Expenses | - | - | - | $684 |
| Other Expenses | - | - | - | $309 |
| Total Functional Expenses | $0 | $0 | $0 | $3,545,051 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,545,051 |
| Total Expenses per Audited Statements | $3,545,051 |