Charity Search / OLDE WORTHINGTON BUSINESS ASSOCIATION
Community Improvement (S20) 990 on File

OLDE WORTHINGTON BUSINESS ASSOCIATION

EIN: 90-0816050 · WORTHINGTON, OH 43085-4174 · United States · FY 2023 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 45/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$315K
Total Revenue
$300K
Total Expenses
$152K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 69.4%
Fundraising Efficiency N/A
Operating Reserve 6.09x
Liability-to-Asset 9.5%
Revenue Diversification 65.6%
Compared with Peers
FY 2023
Compared with 5,777 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
69.4% 84.1%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
24.1% 12.7%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
6.5% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.1 mo 11.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
9.5% 3.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
65.6% 93.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-4.9% 7.5%
P10P90
Expense growth
Year over year expense growth
-2.0% 13.2%
P10P90
Surplus margin
Surplus as a share of revenue
4.6% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $315K $300K $152K 69.4% 4
2022 $331K $306K $138K 77.7% 4
2021 $277K $253K $113K 79.4% 4
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Organization Details
EIN
90-0816050
State
OH
City
WORTHINGTON
ZIP
43085-4174
Classification
S20
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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