Ohio Society of Certified Public Accountants
Nonprofit profile at a glance
- EIN
- 314378053
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Columbus, OH, USA
- Phone
- 6147642727
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $6,951,601
- Expenses
- $6,538,080
- Assets
- $12,011,789
- Liabilities
- $4,515,186
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- SCOTT WILEY (FORMER PRESIDENT AND CEO)
- LAURA HAY (PRESIDENT AND CEO)
- TIFFANY CROSBY (SENIOR VICE PRESIDENT)
- LORI BROWN (VICE PRESIDENT TALENT PIPELINE AND ADVANCEMENT)
Highest reported compensation
- SCOTT WILEY (FORMER PRESIDENT AND CEO): $597,823 total reported compensation
- BARBARA BENTON (VP GOVERNMENT RELATIONS): $243,718 total reported compensation
- LAURA HAY (PRESIDENT AND CEO): $239,642 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To empower cpas and related professionals to drive value as trusted business advisors by fostering professional excellence and integrity, building community and advocating for members and those they serve.
What it reported doing in 2024
Peer review program monitors professional performance to assist members in providing quality professional services to the public. The Ohio society of certified public accountants, the american institute of certified public accountants, and the accountancy board of Ohio require cpa firms that provide accounting and auditing services to be enrolled in an approved practice monitoring program.
Operating model
- Revenue model
- Other-operating. 90% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 96
- Accountability: 100
- Sustainability: 46
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.84; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 34.4%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -2.9% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 5.9% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $598K · 24 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $862K reported
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.