Civic Intelligence

Southern Ohio Diversification Initiative

990 • Fiscal year 2017 • EIN 31-1566951

Oct 01, 2016 to Sep 30, 2017 • Filed on May 15, 2018

450 Industrial Park DrWaverly, OH 45690

(740) 289-3654

Siviq Scores

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

Liabilities / Assets

48th percentile

0.14x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

4.70x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

1st percentile

-393%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

30th percentile

$75,993

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 43.2% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

8th percentile

-11%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-22%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$5,716,252

Down $677,343 (-11%) from 2016

Net Assets

Down

$4,889,672

Down $692,548 (-12%) from 2016

Liabilities

Up

$826,580

Up $15,205 (+1.9%) from 2016

Revenue

Down

$176,017

Down $49,191 (-22%) from 2016

Expenses

Up

$868,565

Up $160,690 (+23%) from 2016

Net Income

Down

-$692,548

Down $209,881 (-43%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $7,022,116Liabilities 2010: $203,761Net Assets 2010: $6,818,3552010Assets 2011: $8,011,424Liabilities 2011: $324,444Net Assets 2011: $7,686,9802011Assets 2012: $7,015,194Liabilities 2012: $261,478Net Assets 2012: $6,753,7162012Assets 2013: $6,929,634Liabilities 2013: $332,299Net Assets 2013: $6,597,3352013Assets 2014: $7,226,395Liabilities 2014: $733,793Net Assets 2014: $6,492,6022014Assets 2015: $6,803,386Liabilities 2015: $738,499Net Assets 2015: $6,064,8872015Assets 2016: $6,393,595Liabilities 2016: $811,375Net Assets 2016: $5,582,2202016Assets 2017: $5,716,252Liabilities 2017: $826,580Net Assets 2017: $4,889,6722017Assets 2018: $5,272,849Liabilities 2018: $933,562Net Assets 2018: $4,339,2872018Assets 2019: $4,797,476Liabilities 2019: $878,089Net Assets 2019: $3,919,3872019Assets 2020: $4,306,266Liabilities 2020: $875,785Net Assets 2020: $3,430,4812020Assets 2021: $4,942,463Liabilities 2021: $1,534,364Net Assets 2021: $3,408,0992021Assets 2022: $2,082,537Liabilities 2022: $1,050,242Net Assets 2022: $1,032,2952022Assets 2024: $2,923,894Liabilities 2024: $967,888Net Assets 2024: $1,956,0062024

Highlighted filing

2017

Assets$5,716,252
Liabilities$826,580
Net Assets$4,889,672

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $624,2572010Expenses 2011: $791,3282011Expenses 2012: $1,119,0482012Expenses 2013: $751,2702013Revenue 2014: $2,403,987Expenses 2014: $2,497,254Net Income 2014: -$93,2672014Revenue 2015: $171,879Expenses 2015: $599,594Net Income 2015: -$427,7152015Revenue 2016: $225,208Expenses 2016: $707,875Net Income 2016: -$482,6672016Revenue 2017: $176,017Expenses 2017: $868,565Net Income 2017: -$692,5482017Revenue 2018: $213,240Expenses 2018: $764,406Net Income 2018: -$551,1662018Revenue 2019: $216,018Expenses 2019: $635,918Net Income 2019: -$419,9002019Revenue 2020: $395,317Expenses 2020: $884,223Net Income 2020: -$488,9062020Revenue 2021: $916,831Expenses 2021: $1,112,424Net Income 2021: -$195,5932021Revenue 2022: $1,121,212Expenses 2022: $3,497,016Net Income 2022: -$2,375,8042022Revenue 2024: $5,190,015Expenses 2024: $3,923,548Net Income 2024: $1,266,4672024

Highlighted filing

2017

Revenue$176,017
Expenses$868,565
Net Income-$692,548
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
May 15, 2018
Return Version
2016v3.1
Gross Receipts
$176,017
Mission and Program Overview

Mission

The mission of the sodi community reuse organization is to improve the quality of life in pike, scioto, ross, and jackson counties through economic diversification, development of underutilized land and facilities on the portsmouth dept of energy reservation, and continued support of the local industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,119,683$4,037,048▼ $82,635
Savings and Temporary Cash Investments$1,750,375$1,350,975▼ $399,400
Cash and Non-Interest-Bearing Accounts$151,690$85,321▼ $66,369
Prepaid Expenses and Deferred Charges$8,852$10,567▲ $1,715
Accounts Receivable$116,234$3,083▼ $113,151
Total Assets$6,393,595$5,716,252▼ $677,343
Other Assets Total$246,761$229,258▼ $17,503
Liabilities
Grants Payable$411,855$411,855→ $0
Unsecured Notes Loans Payable$249,250$231,705▼ $17,545
Accounts Payable and Accrued Expenses$144,126$163,510▲ $19,384
Other Liabilities$6,144$19,510▲ $13,366
Total Liabilities$811,375$826,580▲ $15,205
Net Assets / Fund Balance
Unrestricted Net Assets$5,582,220$4,889,672▼ $692,548
Total Net Assets Fund Balance$5,582,220$4,889,672▼ $692,548
Total Liabilities and Net Assets / Fund Balance$6,393,595$5,716,252▼ $677,343

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,434,005$1,092,835$2,526,840
Land$2,016,600-$2,016,600
Buildings$505,506-$505,506
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steve ShepherdExecutive DiFT$75,993$75,993

Board Members and Trustees

NameTitle
Ray RobertsPresident
Doug CorcoranBoard Member
Fred FosterBoard Member
Herman PotterBoard Member
Mike PaytonBoard Member
Paul DavisBoard Member
Randy HeathBoard Member
Robert HortonBoard Member
Ryan ClemmonsBoard Member
Stan CraftBoard Member
Ted WestBoard Member
Ted WheelerBoard Member
Larry ScaggsTreasurer/se
Dan MinterVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$163,565
Investment Income
$12,452
Other Revenue
$0
Change in Net Assets
$-692,548

Audited Revenue Reconciliation

Revenue per Audited Statements
$176,017
Total Revenue per Audited Statements
$176,017
Total Revenue per Form 990
$176,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$610,144
Salaries, Compensation, and Employee Benefits$258,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$295,225--$295,225
Other Salaries and Wages$134,475--$134,475
Current Officers, Directors, Trustees, and Key Employees$75,993--$75,993
Other Employee Benefits$47,953--$47,953
Other Expenses$37,089--$37,089
Occupancy$32,734--$32,734
Fees for Services Other$24,436--$24,436
Interest$4,761--$4,761
Total Functional Expenses$868,565$0$0$868,565

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$868,565
Total Expenses per Audited Statements$868,565
Total Expenses per Form 990$868,565
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$19,510
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Southern Ohio Diversification
EIN
31-1566951
Phone
7402893654
Address
450 INDUSTRIAL PARK DR, WAVERLY, OH 45690

Signing Officer

Name
Steve Shepherd
Title
Executive Director
Phone
7402893654
Signed
2018-05-15

Organization Details

Principal Officer
Steve Shepherd
Formed
1987
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
4

Preparer

Firm
Bhm CPA Group Inc
Address
PO BOX 875, CIRCLEVILLE, OH 43113-0875
Preparer
Michael a Balestra
Phone
7404745210
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the sodi community reuse organization is to improve the quality of life in pike, scioto, ross, and jackson counties through economic diversification, development of underutilized land and facilities on the portsmouth dept of energy reservation, and continued support of the local industry.

Form 990, Page 2, Part III, Line 4D

.

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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0134475
IRS990/OtherSalariesAndWagesGrp/TotalAmt0134475
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08852
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010567
IRS990/PrincipalOfficerNm0STEVE SHEPHERD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0163565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0163565
IRS990/ProgSrvcAccomActyOtherGrp/Desc0.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0868565
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010115
IRS990/PYOtherExpensesAmt0501119
IRS990/PYProgramServiceRevenueAmt0215093
IRS990/PYRevenuesLessExpensesAmt0-482667
IRS990/PYSalariesCompEmpBnftPaidAmt0206756
IRS990/PYTotalExpensesAmt0707875
IRS990/PYTotalRevenueAmt0225208
IRS990/ReconcilationRevenueExpnssAmt0-692548
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01750375
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01350975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0334558
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0334558
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011155
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011155
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0176017
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96770
IRS990ScheduleA/PublicSupportPY170Pct00.95070
IRS990ScheduleA/PublicSupportTotal170Amt0334558
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0334558
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0334558
IRS990ScheduleA/TotalSupportAmt0345713
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0505506
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0505506
IRS990ScheduleD/ExpensesSubtotalAmt0868565
IRS990ScheduleD/LandGrp/BookValueAmt02016600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02016600
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01434005
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01092835
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02526840
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019510
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/RevenueSubtotalAmt0176017
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03956111
IRS990ScheduleD/TotalExpensesPerForm990Amt0868565
IRS990ScheduleD/TotalLiabilityAmt019510
IRS990ScheduleD/TotalRevenuePerForm990Amt0176017
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0176017
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0868565
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE SODI COMMUNITY REUSE ORGANIZATION IS TO IMPROVE THE QUALITY OF LIFE IN PIKE, SCIOTO, ROSS, AND JACKSON COUNTIES THROUGH ECONOMIC DIVERSIFICATION, DEVELOPMENT OF UNDERUTILIZED LAND AND FACILITIES ON THE PORTSMOUTH DEPT OF ENERGY RESERVATION, AND CONTINUED SUPPORT OF THE LOCAL INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06393595
IRS990/TotalAssetsEOYAmt05716252
IRS990/TotalAssetsGrp/BOYAmt06393595
IRS990/TotalAssetsGrp/EOYAmt05716252
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0868565
IRS990/TotalFunctionalExpensesGrp/TotalAmt0868565
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0811375
IRS990/TotalLiabilitiesEOYAmt0826580
IRS990/TotalLiabilitiesGrp/BOYAmt0811375
IRS990/TotalLiabilitiesGrp/EOYAmt0826580
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05582220
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04889672
IRS990/TotalOtherProgSrvcExpenseAmt0868565
IRS990/TotalProgramServiceExpensesAmt0868565
IRS990/TotalProgramServiceRevenueAmt0163565
IRS990/TotalReportableCompFromOrgAmt075993
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0176017
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0176017
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06393595
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05716252
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05582220
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04889672
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0249250
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0231705
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0450 INDUSTRIAL PARK DR
IRS990/USAddress/CityNm0WAVERLY
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045690
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.SODI.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE SHEPHERD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07402893654
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHERN OHIO DIVERSIFICATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INITIATIVE
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0311566951
ReturnHeader/Filer/PhoneNum07402893654
ReturnHeader/Filer/USAddress/AddressLine1Txt0450 INDUSTRIAL PARK DR
ReturnHeader/Filer/USAddress/CityNm0WAVERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045690
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09E61E4FC428464D4F32BC21C43142AFC40120980
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0504923925E5B3958611B7638BAE5F8BB1A2C3F76
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311413363
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BHM CPA GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 875
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CIRCLEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0431130875
ReturnHeader/PreparerPersonGrp/PhoneNum07404745210
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A BALESTRA
ReturnHeader/ReturnTs02018-05-15T15:58:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$0.97$1.96$5.19$3.92$1.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$1.05$1.03$1.12$3.50$2.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$1.53$3.41$0.92$1.11$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.31$0.88$3.43$0.40$0.88$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$0.88$3.92$0.22$0.64$0.42
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.27$0.93$4.34$0.21$0.76$0.55
2017Detailed filing. Detailed filing data is available for this year.$5.72$0.83$4.89$0.18$0.87$0.69
2016Detailed filing. Detailed filing data is available for this year.$6.39$0.81$5.58$0.23$0.71$0.48
2015Detailed filing. Detailed filing data is available for this year.$6.80$0.74$6.06$0.17$0.60$0.43
2014Detailed filing. Detailed filing data is available for this year.$7.23$0.73$6.49$2.40$2.50$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.93$0.33$6.60$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.02$0.26$6.75$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.01$0.32$7.69$0.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.02$0.20$6.82$0.62
Peer Organizations

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