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Nonprofiteer
← THE SCIOTO COUNTY AREA FOUNDATION

Form 990 for tax year 2024

Filed by THE SCIOTO COUNTY AREA FOUNDATION.

Totals

Total revenue
$5,749,810
Total expenses
$2,294,157
Contributions and grants received
$2,168,389
Grants paid
$1,754,755
Program service revenue
$723,327
Investment income
$2,858,094
Other revenue
$0
Total assets, end of year
$65,415,365
Total liabilities, end of year
$9,489,796
Net assets or fund balances, end of year
$55,925,569
Program services expenses (Part IX)
$2,004,526
Management and general expenses
$227,300
Fundraising expenses
$62,331
Program service expenses (Part III)
$2,004,526

Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $2,168,389

  • 1g · Noncash contributions included above

    $574,385

  • 2a · Program service revenue: Administrative Fee Income

    total $723,327 · related or exempt $723,327 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,882,168 · related or exempt $0 · unrelated business $0 · excluded $1,882,168

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $975,926 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $975,926 · other assets $0

  • 7d · Net gain or loss

    total $975,926 · related or exempt $0 · unrelated business $0 · excluded $975,926

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,754,755 · program services $1,754,755

  • 2 · Grants to domestic individuals

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $132,118 · program services $84,528 · management and general $34,383 · fundraising $13,207

  • 7 · Other salaries and wages

    total $194,965 · program services $124,736 · management and general $50,739 · fundraising $19,490

  • 8 · Pension plan contributions

    total $7,989 · program services $5,111 · management and general $2,079 · fundraising $799

  • 9 · Other employee benefits

    total $119 · program services $76 · management and general $31 · fundraising $12

  • 10 · Payroll taxes

    total $25,022 · program services $16,009 · management and general $6,512 · fundraising $2,501

  • 11g · Fees: other

    total $53,332 · program services $3,383 · management and general $49,949 · fundraising $0

  • 12 · Advertising and promotion

    total $12,098 · program services $0 · management and general $0 · fundraising $12,098

  • 16 · Occupancy

    total $21,369 · program services $0 · management and general $21,369 · fundraising $0

  • 17 · Travel

    total $14,304 · program services $8,743 · management and general $4,195 · fundraising $1,366

  • 22 · Depreciation, depletion and amortization

    total $26,100 · program services $0 · management and general $26,100 · fundraising $0

  • 23 · Insurance

    total $7,446 · program services $0 · management and general $7,446 · fundraising $0

  • 24e · All other expenses

    total $44,540 · program services $7,185 · management and general $24,497 · fundraising $12,858

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,314,211 · end of year $1,271,393

  • 4 · Accounts receivable

    end of year $63,948

  • 10a · Land, buildings and equipment: cost or other basis

    $405,624

  • 10b · Land, buildings and equipment: accumulated depreciation

    $305,883

  • 10c · Land, buildings and equipment, net

    beginning of year $125,841 · end of year $99,741

  • 12 · Investments: other securities

    beginning of year $56,874,979 · end of year $63,917,201

  • 15 · Other assets

    beginning of year $101,039 · end of year $63,082

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,360 · end of year $1,565

  • 18 · Grants payable

    beginning of year $95,945 · end of year $149,927

  • 21 · Escrow or custodial account liability

    beginning of year $7,891,464 · end of year $9,226,840

  • 23 · Secured mortgages and notes payable

    beginning of year $115,702 · end of year $108,074

  • 25 · Other liabilities

    beginning of year $5,672 · end of year $3,390

  • 27 · Net assets without donor restrictions

    beginning of year $7,858,493 · end of year $8,475,100

  • 28 · Net assets with donor restrictions

    beginning of year $42,442,434 · end of year $47,450,469

Mission and programs · 2024

Mission

The mission of the Scioto Foundation is to improve, enhance, and enrich the quality of life for all residents of southern Ohio and northern Kentucky, through practicing wise and careful investment of assets, providing a continuous stream of income to benefit community needs and the intent of our donors, promoting philanthropy to all persons in the region, demonstrating leadership through collaborative partnerships with community organizations, and monitoring outcomes of our grant making.

Activities or mission (Part I)

The Foundation provides an avenue by which a donor can provide funds (as charity) to schools, churches, and other exempt organizations.

  • General and operational support for local fine arts organizations, as well as scholarships for college and university studies to students in the Scioto County area, and support of local schools, churches and other organizations that provide physical and emotional support to area residents. During 2024, the organization awarded 665 scholarships and 68 grants.

    Expenses $2,004,526 · Grants $1,754,755 · Revenue $2,891,716

As filed on the 2024 return.

Listed in Part VII

  • Kim Cutlip

    Executive Director

    Total calculated
    $132,118
    From this org
    $132,118
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Joshua Howard

    Board Member

    Total calculated
    $0
    Hours/week
    4

  • Debra Esham

    Board Member

    Total calculated
    $0
    Hours/week
    4

  • Jodi High

    Board Member

    Total calculated
    $0
    Hours/week
    4

  • Barbara Brandbury

    Board Member

    Total calculated
    $0
    Hours/week
    4

  • Chris Hamilton

    Board Member

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • Southern Ohio Museum

    $27,893,517

    To further the exempt purpose of the organization

  • Shawnee State University

    $24,798,623

    To further the exempt purpose of the organization

  • Sciotoville Christian Church

    $4,357,801

    To further the exempt purpose of the organization

  • Ohio University & Branches

    $4,233,804

    To further the exempt purpose of the organization

  • Marshall University

    $4,065,894

    To further the exempt purpose of the organization

  • Portsmouth Murals Inc

    $2,887,673

    To further the exempt purpose of the organization

  • Notre Dame Schools

    $2,593,515

    To further the exempt purpose of the organization

  • Morehead State University

    $1,919,816

    To further the exempt purpose of the organization

  • University of Cincinnati

    $1,811,633

    To further the exempt purpose of the organization

  • Steven A Hunter Hope Fund INC

    $1,678,904

    To further the exempt purpose of the organization

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
16 November 2025
IRS schema version
2024v5.0
Source object
202523219349325847

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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