The I-7075 Development Association
Nonprofit profile at a glance
- EIN
- 311223373
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Dayton, OH, USA
- Phone
- 8007620047
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $93,390
- Expenses
- $73,605
- Assets
- $125,961
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Brooke Fornes (President)
- Eric Farrell (Vice President)
People named in this filing
- Brooke Fornes (President)
- Eric Farrell (Vice President)
- John McManus (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Association has been organized to promote the development of the Miami Valley and to provide a vehicle for interaction between the communities and
What it reported doing in 2024
Program expenses
Operating model
- Revenue model
- Earned-program. 72% 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 82
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.6%; rating input score 50
- Program expense ratio: 62.9%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 21.2%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 1.71; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9.9% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 49.6% of revenue deployed · 62.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $46K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 10 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.