OnMain Inc C/o University of Dayton

Nonprofit profile at a glance

EIN
832877212
IRS 990 coverage
2019–2025
Forms available
Form 990 2025
Location
Dayton, OH, USA
Phone
9372292890
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Economic Development

Reported finances

Revenue
$11,665,968
Expenses
$7,582,018
Assets
$56,110,675
Liabilities
$53,493,121

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Brian C Heitkamp (CEO)
  • Mariah Vogelgesang (Vice President)

Highest reported compensation

  • Andrew T Horner (Director, Assistant Treasurer): $713,668 total reported compensation
  • Joann Ringer (Treasurer, Secretary): $674,592 total reported compensation
  • Mary Ann P Recker JD (Director): $390,050 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The vision is to represent Dayton as a city of innovation, entrepreneurialism, creativity, sustainability, and inclusiveness, while establishing a unique platform to create, build, and demonstrate solutions across a range of disciplines from health care, energy, housing, environment, business creation, and neighborhood well-being.

What it reported doing in 2025

Establish core infrastructure to further create a critical mass of activity with a mix of employment, housing, retail, and supportive community users.

Operating model

Revenue model
Grant-funded. 100% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 73
  • Accountability: 35
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65%; rating input score 65
  • Program expense ratio: 99.9%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 28.6%; rating input score 29; 6th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 35%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 7.4; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.95; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 43.9% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 49.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 53.9% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 65% of revenue deployed · 99.9% of spending went to programs
  • Governance: 2 of 7 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $7.6M in reported program spending
  • Leadership: top reported pay $714K · 10 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 5 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 29/100.
  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.