Civic Intelligence

Coshocton Foundation

990 • Fiscal year 2024 • EIN 31-6064567

Oct 01, 2023 to Sep 30, 2024 • Filed on Feb 12, 2025

PO Box 55Coshocton, OH 43812

(740) 622-0010

Siviq Scores

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

Liabilities / Assets

27th percentile

0.05x

Higher debt load relative to assets than 27% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

1.43x

Higher debt load relative to revenue than 82% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

60th percentile

8.4%

Higher net margin than 60% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

11th percentile

$78,197

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

55th percentile

7.0%

Faster asset growth than 55% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-16%

Faster revenue growth than 13% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$46,113,146

Up $5,395,277 (+13%) from 2022

Net Assets

Up

$43,655,064

Up $4,583,985 (+12%) from 2022

Liabilities

Up

$2,458,082

Up $811,292 (+49%) from 2022

Revenue

Down

$1,723,937

Down $4,049,028 (-70%) from 2022

Expenses

Down

$1,578,721

Down $155,741 (-9.0%) from 2022

Net Income

Down

$145,216

Down $3,893,287 (-96%) from 2022

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2014: $31,120,943Liabilities 2014: $193,841Net Assets 2014: $30,927,1022014Assets 2016: $32,248,862Liabilities 2016: $243,113Net Assets 2016: $32,005,7492016Assets 2018: $37,350,288Liabilities 2018: $435,611Net Assets 2018: $36,914,6772018Assets 2021: $49,017,547Liabilities 2021: $2,191,255Net Assets 2021: $46,826,2922021Assets 2022: $40,717,869Liabilities 2022: $1,646,790Net Assets 2022: $39,071,0792022Assets 2024: $46,113,146Liabilities 2024: $2,458,082Net Assets 2024: $43,655,0642024Assets 2025: $50,022,431Liabilities 2025: $2,102,445Net Assets 2025: $47,919,9862025

Highlighted filing

2024

Assets$46,113,146
Liabilities$2,458,082
Net Assets$43,655,064

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,580,888Expenses 2014: $1,064,350Net Income 2014: $516,5382014Revenue 2016: $1,740,452Expenses 2016: $1,453,608Net Income 2016: $286,8442016Revenue 2018: $2,368,398Expenses 2018: $1,355,577Net Income 2018: $1,012,8212018Revenue 2021: $2,953,359Expenses 2021: $4,026,898Net Income 2021: -$1,073,5392021Revenue 2022: $5,772,965Expenses 2022: $1,734,462Net Income 2022: $4,038,5032022Revenue 2024: $1,723,937Expenses 2024: $1,578,721Net Income 2024: $145,2162024Revenue 2025: $2,719,818Expenses 2025: $2,223,811Net Income 2025: $496,0072025

Highlighted filing

2024

Revenue$1,723,937
Expenses$1,578,721
Net Income$145,216
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 12, 2025
Return Version
2023v6.0
Gross Receipts
$19,820,176
Mission and Program Overview

Mission

COMMUNITY FOUNDATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$41,729,449$41,687,637▼ $41,812
Investments Other Securities$926,549$3,972,037▲ $3,045,488
Land, Buildings, and Equipment, Net$263,095$256,381▼ $6,714
Cash and Non-Interest-Bearing Accounts$182,294$189,167▲ $6,873
Savings and Temporary Cash Investments$7,922$7,924▲ $2
Total Assets$43,109,309$46,113,146▲ $3,003,837
Liabilities
Grants Payable$5,241,123$2,455,414▼ $2,785,709
Accounts Payable and Accrued Expenses$1,912$2,668▲ $756
Total Liabilities$5,243,035$2,458,082▼ $2,784,953
Net Assets / Fund Balance
Net Assets With Donor Restrictions$29,083,814$33,665,948▲ $4,582,134
Net Assets Without Donor Restrictions$8,782,460$9,989,116▲ $1,206,656
Total Net Assets Fund Balance$37,866,274$43,655,064▲ $5,788,790
Total Liabilities and Net Assets / Fund Balance$43,109,309$46,113,146▲ $3,003,837

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$127,823$398,209-
Other Land Buildings$27,111$15,735-
Land$84,145--
Equipment$17,302$134,072-
Other Securities$3,479,156--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,002,025---$1,002,025
2022$1,002,025---$1,002,025
2021$1,002,025---$1,002,025
2020$1,002,025---$1,002,025
2019$1,002,025---$1,002,025
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert W PellExecutive DirectorFT$78,197$78,197

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$458,778
Program Service Revenue
$0
Investment Income
$1,232,308
Other Revenue
$32,851
All Other Contributions
$458,778
Change in Net Assets
$145,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,723,937
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,643,574
Total Revenue per Audited Statements
$7,367,511
Total Revenue per Form 990
$1,723,937
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,172,125
Salaries, Compensation, and Employee Benefits$234,900
Other Expenses$171,696
Total Fundraising Expense$4,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,172,125--$1,172,125
Other Salaries and Wages-$134,148-$134,148
Current Officers, Directors, Trustees, and Key Employees-$78,197-$78,197
Fees for Services Other-$30,751-$30,751
Fees for Services Accounting-$21,500-$21,500
Depreciation Depletion-$18,335-$18,335
Payroll Taxes-$17,173-$17,173
Advertising-$15,648-$15,648
Office Expenses-$11,019$4,000$15,019
Occupancy-$9,705-$9,705
Insurance-$9,390-$9,390
Other Expenses$29,095$6,466-$6,466
Other Employee Benefits-$5,382-$5,382
Fees for Services Legal-$1,063-$1,063
Conferences and Meetings-$557-$557
Total Functional Expenses$1,201,220$373,501$4,000$1,578,721

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,578,721
Total Expenses per Audited Statements$1,578,721
Total Expenses per Form 990$1,578,721
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kids America IncCoshocton, OH501(c)(3)Community Improvement$106,537
Coshocton City SchoolsCoshocton, OHSchoolCommunity Improvement$98,134
Coshocton Port AuthorityCoshocton, OHGovernmentCommunity Improvement$80,075
Trinity Episcopal ChurchCoshocton, OHChurchCommunity Improvement$57,500
Central Ohio Technical CollegeNewark, OHSchoolCommunity Improvement$57,450
Coshocton Cherokees Baseball Club IncCoshocton, OH501(c)(3)Community Improvement$55,000
Village of West LafayetteWest Lafayette, OHGovernmentCommunity Improvement$44,000
Our Town CoshoctonCoshocton, OH501(c)(3)Community Improvement$42,000
Muskingum UniversityNew Concorde, OH501(c)(3)Scholarships$35,750
Coshocton County CommissionersCoshocton, OHGovernmentCommunity Improvement$35,000
Cosh City & County Park DistrictCoshocton, OHGovernmentCommunity Improvement$33,737
Ridgewood Local School DistrictWest Lafayette, OHSchoolCommunity Improvement$32,000
Coshocton Public TransitCoshocton, OHGovernmentCommunity Improvement$28,266
Pomerene Center for the ArtsCoshocton, OH501(c)(3)Community Improvement$25,516
Village of WarsawWarsaw, OHGovernmentCommunity Improvement$25,000
Kent State UniversityKent, OH501(c)(3)Scholarships$23,250
The Cardinal ChoraleCoshocton, OH501(c)(3)Community Improvement$22,000
River View Athletic BoostersWarsaw, OH501(c)(3)Community Improvement$18,671
Coshocton County Dollars for ScholarsCoshocton, OH501(c)(3)Scholarships$16,032
The Presbyterian ChurchCoshocton, OHChurchCommunity Improvement$15,000
The Ohio State UniversityColumbus, OH501(c)(1)Scholarships$14,500
Ohio UniversityAthens, OHSchoolScholarships$13,750
Big Brothers Big Sisters of Zanesville IncZanesville, OH501(c)(3)Community Improvement$13,720
Bowling Green State UniversityBowling Green, OHSchoolScholarships$12,000
Cosh Co Youth LeadershipCoshocton, OH501(c)(3)Community Improvement$11,600
The University of FindlayFindlay, OH501(c)(3)Scholarships$11,500
Roscoe Village Foundation IncCoshocton, OH501(c)(3)Community Improvement$11,150
Friends of the ParksCoshocton, OH501(c)(3)Community Improvement$10,653
River View Local School DistrictWarsaw, OHSchoolCommunity Improvement$10,505
College of Choice (7 Different Scholarships)Coshocton, OHSchoolScholarships$10,500
Central Christian ChurchCoshocton, OH501(c)(3)Community Improvement$10,450
Coshocton County Agricultural SocietyCoshocton, OH501(c)(3)Community Improvement$9,000
Otterbein UniversityWesterville, OH501(c)(3)Scholarships$9,000
The University of AkronAkron, OHSchoolScholarships$9,000
Clary Garden FoundationCoshocton, OH501(c)(3)Community Improvement$8,515
National Inventors Hall of FameNorth Canton, OH501(c)(3)Community Improvement$8,000
River View Music Boosters IncWarsaw, OH501(c)(3)Community Improvement$7,500
The Salvation ArmyCoshocton, OH501(c)(3)Community Improvement$7,117
Cosh Co District LibraryCoshocton, OH170(c)1Community Improvement$6,666
United Way of Cosh County IncCoshocton, OH501(c)(3)Community Improvement$6,438
Harvest United Methodist ChurchBradenton, FL501(c)(3)Community Improvement$5,200
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization reviews the 990 at their monthly boardmeeting,in addition, executive director reviews 990 with the board of trustees.

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

The organization requires all board members and committee members to annually disclose and sign conflict of interest policy. In addition, it is communicated to these individuals that any changes prior to the annual review should be communicated to the director as well as the board of trustees.

Form 990, Part VI, Section B, Line 15A

Board of trustees review all pertinent data and perform an evaluation of performance.

Form 990, Part VI, Section C, Line 19

An annual audited financial statement is prepared and distributed throughout the community. In addition, an annual community meeting is held in which audited financial results are presented with opportunity for questions. All other documenta are presented upon request.

Filing and Contact Details

Filer

Filer Name
Coshocton Foundation
EIN
31-6064567
Phone
7406220010
Address
PO BOX 55, COSHOCTON, OH 43812

Signing Officer

Name
Robert W Pell
Title
Executive Director
Phone
7406220010
Signed
2025-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert W Pell
Formed
1966
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
5
Volunteers
0

Preparer

Firm
Bradford & Associates LLC
Address
636 CHESTNUT STREET, COSHOCTON, OH 43812
Preparer
Jason Bradford CPA
Phone
7406223347
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization's oversight process for the annual financial review has remained consistent with prior years. The board of directors and the finance committee continue to review the financial statements and related reports on a regular basis. The organization maintains internal controls to ensure accurate financial reporting, and no changes have been made to the established procedures for oversight and approval of the independent audit or financial review.

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