Civic Intelligence

Ashland Area Economic Development Fund Inc

EIN 81-3511552 • 501(c)3 • Ashland, OH

Ashland, OH
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

91st percentile

55%

Higher net margin than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

382%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

614%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$24,811

Up $19,668 (+382%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$24,811

Up $19,668 (+382%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin91st percentile

Revenue

Up

$35,731

Up $30,730 (+614%) from 2023

Expenses

Up

$16,063

Up $6,130 (+62%) from 2023

Net Income

Up

$19,668

Up $24,600 (+499%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$30K$20K$10K$0Assets 2019: $4,398Liabilities 2019: $0Net Assets 2019: $4,3982019Assets 2020: $9,695Liabilities 2020: $0Net Assets 2020: $9,6952020Assets 2021: $5,682Liabilities 2021: $0Net Assets 2021: $5,6822021Assets 2022: $10,075Liabilities 2022: $0Net Assets 2022: $10,0752022Assets 2023: $5,143Liabilities 2023: $0Net Assets 2023: $5,1432023Assets 2024: $24,811Liabilities 2024: $0Net Assets 2024: $24,8112024

Highlighted filing

2024

Assets$24,811
Liabilities$0
Net Assets$24,811
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

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

$40K$20K$0-$20KRevenue 2019: $5,000Expenses 2019: $6,670Net Income 2019: -$1,6702019Revenue 2020: $9,488Expenses 2020: $4,191Net Income 2020: $5,2972020Revenue 2021: $297Expenses 2021: $4,310Net Income 2021: -$4,0132021Revenue 2022: $10,000Expenses 2022: $5,607Net Income 2022: $4,3932022Revenue 2023: $5,001Expenses 2023: $9,933Net Income 2023: -$4,9322023Revenue 2024: $35,731Expenses 2024: $16,063Net Income 2024: $19,6682024

Highlighted filing

2024

Revenue$35,731
Expenses$16,063
Net Income$19,668
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$24,811
Liabilities
$0
Net assets
$24,811
Revenue
$35,731
Expenses
$16,063
Net income
$19,668
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$0.00$24.8$35.7$16.1$19.7
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.14$0.00$5.14$5.00$9.93$4.93
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.00$10.1$10.0$5.61$4.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.68$0.00$5.68$0.30$4.31$4.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.70$0.00$9.70$9.49$4.19$5.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$0.00$4.40$5.00$6.67$1.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$35,731
Mission and Program Overview

Mission

To help facilitate the success of the community's existing businesses, attract viable companies to the community, and enhance the overall quality of life in the area.

Program Services

DescriptionGrantsExpenses
TO HELP FACILITATE THE SUCCESS OF THE COMMUNITY'S EXISTING BUSINESSES, ATTRACT VIABLE COMPANIES TO THE COMMUNITY, AND ENHANCE THE OVERALL QUALITY OF LIFE IN THE AREA.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAMEO CAREYDirectorFT$0--
Governance and Compliance

Governance Explanations

Part VI Section C Line 19

“All such documents are available for public inspection upon request”

Filing and Contact Details

Filer

Filer Name
Ashland Area Economic Development Fund Inc
EIN
81-3511552
In Care Of
% CAMEO CAREY
Phone
4192893200
Address
206 CLAREMONT AVENUE 2ND FLOOR, ASHLAND, OH 44805

Signing Officer

Name
Cameo Carey
Title
Executive Director
Phone
4192893200
Signed
2025-05-19
Discuss with paid preparer
Yes

Preparer

Firm
Baker Bowman & Co
Address
1630 Eagle Way, Ashland, OH 44805-8924
Preparer
Amanda L Koogler CPA
Phone
4192893210
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 8

“Description:CHRISTMAS VILLAGE DONA Amount:9731”

Form 990EZ Part I Line 16

“Description:EVENT SPONSORSHIPS Amount:431”

Raw XML Appendix133 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CAMEO CAREY
IRS990EZ/BooksInCareOfDetail/PhoneNum04192893200
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0206 CLAREMONT AVENUE 2ND FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ASHLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044805
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05143
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013181
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt026000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019668
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05143
IRS990EZ/Form990TotalAssetsGrp/EOYAmt024811
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt035731
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt011630
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05143
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024811
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05143
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt024811
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CAMEO CAREY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt015713
IRS990EZ/OtherRevenueTotalAmt09731
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO HELP FACILITATE THE SUCCESS OF THE COMMUNITY'S EXISTING BUSINESSES, ATTRACT VIABLE COMPANIES TO THE COMMUNITY, AND ENHANCE THE OVERALL QUALITY OF LIFE IN THE AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO HELP FACILITATE THE SUCCESS OF THE COMMUNITY'S EXISTING BUSINESSES, ATTRACT VIABLE COMPANIES TO THE COMMUNITY, AND ENHANCE THE OVERALL QUALITY OF LIFE IN THE AREA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016063
IRS990EZ/TotalRevenueAmt035731
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt026000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt050785
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09731
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09732
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83919
IRS990ScheduleA/PublicSupportPY170Pct00.99997
IRS990ScheduleA/PublicSupportTotal170Amt050785
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt026000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09488
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt050785
IRS990ScheduleA/TotalSupportAmt060517
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL SUCH DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:CHRISTMAS VILLAGE DONA Amount:9731
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:EVENT SPONSORSHIPS Amount:431
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION C LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAMEO CAREY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04192893200
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASHLAND AREA ECONOMIC DEVELOPMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ASHL
ReturnHeader/Filer/EIN0813511552
ReturnHeader/Filer/InCareOfNm0% CAMEO CAREY
ReturnHeader/Filer/PhoneNum04192893200
ReturnHeader/Filer/USAddress/AddressLine1Txt0206 CLAREMONT AVENUE 2ND FLOOR
ReturnHeader/Filer/USAddress/CityNm0ASHLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044805
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Baker Bowman & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01630 Eagle Way
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ashland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0448058924
ReturnHeader/PreparerPersonGrp/PhoneNum04192893210
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Amanda L Koogler CPA
ReturnHeader/ReturnTs02025-05-27T08:21:34-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits