Ohio Gfoa FY2021 filing

Not tax-deductible

Worthington, OH501(c)(6)EIN 31-1229036

Business league

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $7K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 16.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$42K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$326K
+78% vs prior year
Spent
$314K
To programs
0%
Net assets
$407K
By yearFY2020–FY2024
Revenue
$326K
FY2021▲ +78%
Revenue by fiscal year
FY2020$183K
FY2021$326K
FY2022$375K
FY2023$425K
FY2024$390K
Expenses
$314K
FY2021▲ +133%
Expenses by fiscal year
FY2020$134K
FY2021$314K
FY2022$374K
FY2023$454K
FY2024$387K
Net assets
$407K
FY2021▼ -3%
Net assets by fiscal year
FY2020$421K
FY2021$407K
FY2022$391K
FY2023$364K
FY2024$376K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

24 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President El
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ohio Gfoa executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Publishes a quarterly newsletter for members on Ohio government finance, technology, and legislative issues, including upcoming events.

Provided by the organization

This section is blank until Ohio Gfoa claims this page.

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2 program services, described in the organization's own filed words · FY2021.
01

Sponsorship of educational seminars and conferences. These are continuing education programs that provide topical information to both members and non-members. Over 300 people attend the various conferences.

Pt IX · col B
02

Ohio gfoa sends a quarterly newsletter, ohio gfoa news, to its members. It includes articles on technological issues of note from the state auditor and treasurer, discussion of legislative issues, and a list of upcoming events.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $26K · 2021–2024
Unitemized GrantFY2024$16,993
Unitemized GrantFY2021$9,502

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$326K
Ln 12
Fees for servicesLn 2g$197K
Gifts and grantsLn 1h$124K
Investment incomeLn 3$4K
Money outPt IX
$314K
Ln 25
Owns and owesPt X
$407K
net assets · Ln 32
Cash and savingsLn 1–2$429K
Total assetsLn 16$449K
LiabilitiesLn 26$42K
PeoplePt VI, VII
24
listed · VII A
PaidVII A0
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$124K
Fees for servicesLn 2g$197K
Investment incomeLn 3$4K
Gains on assetsLn 7−$273
Total revenueLn 12$326K
Assets in detailPt X, end of year
CashLn 1$128K
SavingsLn 2$302K
Cash and savings togetherLn 1–2$429K
Total assetsLn 16$449K
LiabilitiesLn 26$42K
Net assetsLn 32$407K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$441K$429K
Total assetsLn 16$464K$449K
LiabilitiesLn 26$42K$42K
Net assetsLn 32$421K$407K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$10K
Management feesLn 11a$93K
Accounting feesLn 11c$7K
Office expensesLn 13$3K
Information technologyLn 14$7K
TravelLn 17$710
Conferences, conventions and meetingsLn 19$183K
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$8K
All other expensesLn 24e$891
Total functional expensesLn 25$314K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $390K$387K$3K$376K 990 PDF
FY2023 $425K$454K−$29K$364K 990 PDF
FY2022 $375K$374K$196$391K 990 PDF
FY2021 Viewing $326K$314K$12K$407K 990 PDF
FY2020 $183K$134K$48K$421K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $325,803 across 6 lines filed
VIII-1f All other contributions, gifts and grants$124,000
VIII-1h Total contributions, gifts and grants$124,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $197,411$197,411
VIII-3 Investment incomeExcluded from tax $4,665$4,665
VIII-7 Net gain or loss on sales of assetsRelated to mission −$273−$273
VIII-12 Total revenueRelated to mission $197,138 · Excluded from tax $4,665$325,803
Part IX · Statement of functional expenses $313,834 across 10 lines filed
IX-2 Grants to domestic individuals$9,502
IX-11a Management fees$92,708
IX-11c Accounting fees$7,245
IX-13 Office expenses$2,906
IX-14 Information technology$7,336
IX-17 Travel$710
IX-19 Conferences, conventions and meetings$182,611
IX-23 Insurance$1,681
IX-24 Other expenses (24a–d)$8,244
IX-24e All other expenses$891
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$313,834
Part X · Balance sheet $448,900 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $247,489$127,788
X-2 Savings and temporary cash investmentsStart of year $193,117$301,513
X-9 Prepaid expenses and deferred chargesStart of year $22,901$19,599
X-16 Total assetsStart of year $463,507$448,900
X-19 Deferred revenueStart of year $42,375$41,630
X-26 Total liabilitiesStart of year $42,375$41,630
X-27 Net assets without donor restrictionsStart of year $385,132$390,770
X-28 Net assets with donor restrictionsStart of year $36,000$16,500
X-32 Total net assets or fund balancesStart of year $421,132$407,270
X-33 Total liabilities and net assetsStart of year $463,507$448,900
Part XI · Reconciliation of net assets $407,270 net assets at year end
XI-1 Total revenue$325,803
XI-2 Total expenses$313,834
XI-3 Revenue less expenses$11,969
XI-4 Net assets at start of year$421,132
XI-5 Net unrealized gains (losses) on investments−$6,331
XI-9 Other changes in net assets−$19,500
XI-10 Net assets at end of year$407,270

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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