Ohiose Inc
Nonprofit profile at a glance
- EIN
- 992245989
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025
- Location
- New Concord, OH, USA
- Phone
- 3122144819
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $2,749,000
- Expenses
- $2,478,880
- Assets
- $1,147,294
- Liabilities
- $327,822
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MATTHEW ABBOTT (PRESIDENT & CEO)
Highest reported compensation
- MATTHEW ABBOTT (PRESIDENT & CEO): $187,928 total reported compensation
- KARA WILLIS (DIRECTOR OF REGIONAL TALENT): $124,963 total reported compensation
- DONNA HREZO (DIRECTOR OF SITES & INFRASTRUCTURE): $123,531 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ohiose, inc. Is jobsohio's designated regional economic development partner responsible for business expansion and attraction efforts in the 25 counties of southern and eastern Ohio.
What it reported doing in 2025
Ohiose serves as the regional jobsohio partner for eastern and southern Ohio, dedicated to driving job creation and attracting new capital investment through business attraction, retention, and expansion initiatives. In 2025, ohiose's efforts supported the creation of 822 new jobs and the retention of 722 existing jobs, resulting in $64.7 million in annual payroll and $1.6 billion in capital investment. These outcomes were achieved through 355 targeted business attraction, retention, and expansion visits across the region.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 70
- Accountability: 90
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.8%; rating input score 75
- Program expense ratio: 83%; rating input score 83
- Fundraising efficiency: $13.67 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 17th percentile among comparable filings
- Governance controls: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.8%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.46; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 22.2%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 54.9% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 34% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 0.1% per year; rating input score 100; 11th percentile among comparable filings
Details
- Where the money goes: 74.8% of revenue deployed · 83% of spending went to programs
- Governance: 5 of 6 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.1M in reported program spending
- Leadership: top reported pay $188K · 9 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $100K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Operating margin scored 55/100.
- High — Sustainability: Officer compensation ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.