Powell Development Corporation FY2022 filing
Promotes industrial and commercial growth in Powell by partnering with private businesses and providing financial incentives to create new local jobs. For fiscal year 2022 it reported $361K in revenue, $57K in expenses, and $469K in net assets.Pt I
- Type
- Membership association · Community Development
- Location
- Powell, OH
- Website
- businessinpowell.org
- Filings
- 6 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
The organization enters into agreements with private business in order to bring jobs to the city of powell. When new jobs are created the business will receive offset payments from the organization.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 97% | — | — |
| Overhead ratio | 3% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | ×13 | — | — |
| Accounting fee ratio | 5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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