Oh Taste EIN 85-0956147

Oh Taste

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Supports food entrepreneurs with an incubator kitchen and business development programs. For fiscal year 2024 it reported $3.0M in revenue, $485K in expenses, and $5.9M in net assets.Pt I

Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Beavercreek, OH
Website
www.ohtaste.org
Filings
4 on file (2021–2024)
Revenue
$3.0MFY2024
Expenses
$485K
Net assets
$5.9M
People
12
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-0956147 Public charity (501(c)(3)) Beavercreek, OH
Form 990 (PDF)
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Figures match the IRS filing checked 8/30/26 · see original: IRS
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Size
$1–10M
What they do
Supports food entrepreneurs with an incubator kitchen and business development programs.
Leadership
Derek Allen · Trustee
Money in and out
$3.0M revenue, $485K expenses
Bottom line
53% program efficiency
Where the money goes · FY2024
Total revenue
$3.0M
Pt VIII · Ln 12
Total expenses
$485K
Pt IX · Ln 25
Net assets
$5.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.5M
Where spending went · Part IX cols B–D
Program services $0.53 Management & general $0.47
Program efficiency
53%
of spending reaches programs▲ +247% vs prior filing year
Operating runway
19.9mo
months of highly liquid reserves at operating expense rate▲ +42% vs prior filing year
Surplus margin
+84%
revenue over expenses, this year▲ +8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$3.0M
FY2024▲ +87%
Expenses
$485K
FY2024▲ +35%
Total assets
$6.2M
FY2024▲ +41%
Total liabilities
$346K
FY2024▼ -87%
Total revenue
$3.0M
Pt VIII · Ln 12
Total expenses
$485K
Pt IX · Ln 25
Net assets
$5.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.5M
Total assetsPt X · Ln 16$6.2M
Program-expense ratioPt IX · col B53%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

2 program services account for $256K of program spending, described in the organization's own filed words · FY2024.
01

Kitchen incubator -centered on the design, build-out, and full operation of the commercial kitchen and storage space. Includes advanced mentoring, and facilitation of business support-such as ingredient sourcing, marketing and distribution, access to capital services.

$254Kprogram expense
02

Sharpen the Axe Education

Sharpen the axe (sta) program, covering a wide range of topics related to running a successful food business and will include the following objectives: o business development and strengthening, o entrepreneur development, o accelerator (pilot cohort) o phase 1 data collection and evaluation for program refinements

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COh Taste
EINHdr · item D85-0956147
Principal addressHdr · item CBeavercreek, OH
WebsiteHdr · item Jwww.ohtaste.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFNov 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Finance Chai
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$2.8M · 93%
Program service revenue$210K · 7%
Contributions & grants93%$2.8M
Program service revenue7%$210K
Investment income$8K
— government grantsLn 1e$1.4M
Total revenueLn 12$3.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.53 Management & general $0.47
Program services53%$256K
Management & general47%$230K
Total functional expensesLn 25$485K

Balance Sheet

Part X · end of year
CashLn 1$805K
Total assetsLn 16$6.2M
Total liabilitiesLn 26$346K
Total net assetsLn 32$5.9M
Months of cash on handcomputed19.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $805K · Operating expenses/yr $485K
19.9 months
Where the money goes
Program services
Program services $256K · Total expenses $485K
53%
Management & General
Management & general $230K · Total expenses $485K
47%
Fundraising
Fundraising $0 · Total expenses $485K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $460K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2.8M · Total revenue $3.0M
93%
Government reliance
Government grants $1.4M · Total revenue $3.0M
48%
Earned-income share
Program service revenue $210K · Total revenue $3.0M
7%
Investment reliance
Investment income $8K · Total revenue $3.0M
+0.3%
Program self-sufficiency
Program service revenue $210K · Total expenses $485K
43%
Growth & trend
Revenue growth (YoY)
This year $3.0M · Prior year $1.6M
+87%
Net-asset trend (YoY)
End of year $5.9M · Beginning of year $3.4M
+74%
Balance sheet
Surplus Margin
Revenue $3.0M · Expenses $485K
+84%
Liabilities-to-Assets
Total liabilities $346K · Total assets $6.2M
6%
Net-asset ratio
Net assets $5.9M · Total assets $6.2M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Derek Allen · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $485K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $485K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 53%
Overhead ratio 47%
Fundraising cost ratio 0%
Revenue growth 87%

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

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$205K
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.0M revenue · viewing · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$651K revenue · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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