Civic Intelligence

Southeast Ohio Broadband Cooperative

EIN 85-1010720 • 501(c)12 • Lowell, OH

Profile

To provide broadband access and associated services to the local rural communities.

4930 Muskingum River RdLowell, OH 45744

www.seobc.us

Siviq Scores

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

Liabilities / Assets

57th percentile

0.02x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.01x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Net Margin

40th percentile

-1.3%

Higher net margin than 40% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

90th percentile

27%

Faster asset growth than 90% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

33rd percentile

-2.5%

Faster revenue growth than 33% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$145,482

Down $5,357 (-3.6%) from 2023

Liabilities

Down

$2,568

Down $807 (-24%) from 2023

Net Assets

Down

$142,914

Down $4,550 (-3.1%) from 2023

Operations
Liabilities / Revenue46th percentileNet Margin40th percentile

Revenue

Up

$363,163

Up $2,740 (+0.8%) from 2023

Expenses

Up

$367,713

Up $70,597 (+24%) from 2023

Net Income

Down

-$4,550

Down $67,857 (-107%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$200K$150K$100K$50K$0Assets 2021: $138,269Liabilities 2021: $12,248Net Assets 2021: $126,0212021Assets 2022: $90,286Liabilities 2022: $6,129Net Assets 2022: $84,1572022Assets 2023: $150,839Liabilities 2023: $3,375Net Assets 2023: $147,4642023Assets 2024: $145,482Liabilities 2024: $2,568Net Assets 2024: $142,9142024

Highlighted filing

2024

Assets$145,482
Liabilities$2,568
Net Assets$142,914
Open 2024 Filing

Operations Trend

Revenue Growth33rd percentile

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

$600K$400K$200K$0-$200KRevenue 2021: $427,078Expenses 2021: $301,057Net Income 2021: $126,0212021Revenue 2022: $381,652Expenses 2022: $423,516Net Income 2022: -$41,8642022Revenue 2023: $360,423Expenses 2023: $297,116Net Income 2023: $63,3072023Revenue 2024: $363,163Expenses 2024: $367,713Net Income 2024: -$4,5502024

Highlighted filing

2024

Revenue$363,163
Expenses$367,713
Net Income-$4,550
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$145,482
Liabilities
$2,568
Net assets
$142,914
Revenue
$363,163
Expenses
$367,713
Net income
-$4,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.03$1.43$3.63$3.68$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.51$0.03$1.47$3.60$2.97$0.63
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.06$0.84$3.82$4.24$0.42
2021Detailed filing. Detailed filing data is available for this year.$1.38$0.12$1.26$4.27$3.01$1.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 27, 2025
Return Version
2024v5.2
Gross Receipts
$363,163
Mission and Program Overview

Mission

To provide broadband access and associated services to the local rural communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$147,464$142,914▼ $4,550
Cash and Non-Interest-Bearing Accounts$113,911$105,134▼ $8,777
Land, Buildings, and Equipment, Net$21,375$21,754▲ $379
Accounts Receivable$15,553$18,594▲ $3,041
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$150,839$145,482▼ $5,357
Liabilities
Accounts Payable and Accrued Expenses$3,375$2,568▼ $807
Total Liabilities$3,375$2,568▼ $807
Net Assets / Fund Balance
Total Net Assets Fund Balance$147,464$142,914▼ $4,550
Total Liabilities and Net Assets / Fund Balance$150,839$145,482▼ $5,357

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,754$58,173$79,927
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
David BrownBoard Member
Jesse HeadleyBoard Member
Peggy BaileyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$24,144
Program Service Revenue
$335,912
Investment Income
$0
Other Revenue
$3,107
Change in Net Assets
$-4,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$265,474
Salaries, Compensation, and Employee Benefits$102,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$94,440
Depreciation Depletion---$15,371
Payroll Taxes---$7,799
Office Expenses---$6,012
Insurance---$4,699
Other Expenses---$2,177
Travel---$2,176
All Other Expenses---$1,543
Fees for Services Accounting---$1,150
Total Functional Expenses$0$0$0$367,713
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Part VI, Section B, Line 11B

“990 reviewed and approved by board prior to submission.”

Form 990, Part VI, Section C, Line 19

“PROVIDED UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Southeast Ohio Broadband Cooperative
EIN
85-1010720
Phone
7405380084
Address
4930 MUSKINGUM RIVER RD, LOWELL, OH 45744

Signing Officer

Name
David Brown
Title
Board Member
Phone
7405380084
Signed
2025-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Brown
Formed
2020
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Firm
Perry & Associates Cpas Ac
Address
313 2ND STREET, MARIETTA, OH 45750
Preparer
Jenna E Burns CPA
Phone
7403730056
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

“MODIFIED CASH BASIS”

Raw XML Appendix283 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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ReturnHeader/ReturnTs02025-09-22T07:19:49-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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