The Ohio Broadcasters Foundation

Nonprofit profile at a glance

EIN
311717090
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Columbus, OH, USA
Phone
6142284052
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$7,945
Expenses
$4,028
Assets
$247,643
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • CHRISTINE MERRITT (PRESIDENT)
  • CHAD BUDREAU (PRESIDENT)

People named in this filing

  • CHRISTINE MERRITT (PRESIDENT)
  • THOMAS MANDEL (IMMEDIATE PAST CHAIRMAN)
  • BRIAN LORENZEN (CHAIRMAN)

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 corporation is formed exclusively for charitable and educational purposes within the meaning of section 501(c) (3) of the internal revenue code of 1986. The organization shall implement, maintain, promote, advance and/or fund educational programs and activities (including scholarship programs to minority students and others interested in pursuing a career in broadcasting), and conduct public forums, lectures, and debates that encourage informed and active participation in the political process, enhance and educate the public on pertinent public policy issues, and/or address issues relating to the broadcast industry.

What it reported doing in 2024

Scholarship grants given to award winners

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 82
  • Sustainability: 86
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.2%; rating input score 28
  • Program expense ratio: 62.1%; rating input score 62

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 49.3%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 61.48; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -13.5% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: 0.1% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 28.2% of revenue deployed · 62.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 28/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.