Skip to content
Nonprofiteer
← THE SCIOTO COUNTY AREA FOUNDATION

Form 990 for tax year 2022

Filed by THE SCIOTO COUNTY AREA FOUNDATION.

Totals

Total revenue
$3,148,736
Total expenses
$1,943,676
Contributions and grants received
$1,188,319
Grants paid
$1,462,534
Program service revenue
$0
Investment income
$1,357,190
Other revenue
$603,227
Total assets, end of year
$47,068,841
Total liabilities, end of year
$6,306,381
Net assets or fund balances, end of year
$40,762,460
Program services expenses (Part IX)
$1,676,269
Management and general expenses
$211,323
Fundraising expenses
$56,084
Program service expenses (Part III)
$1,676,269

Program services were 86.2% 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

    $1,188,319

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $1,357,190 · related or exempt $0 · unrelated business $0 · excluded $1,357,190

  • 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

  • 7c · Gain or loss

    securities $0 · other assets $0

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

    $0

  • 11a · Other revenue: Administrative Fee Income

    total $603,227 · related or exempt $603,227 · unrelated business $0 · excluded $0

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $603,227

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,462,534 · program services $1,462,534

  • 5 · Compensation of officers, directors and key employees

    total $125,650 · program services $80,347 · management and general $32,749 · fundraising $12,554

  • 7 · Other salaries and wages

    total $180,079 · program services $115,151 · management and general $46,936 · fundraising $17,992

  • 8 · Pension plan contributions

    total $7,374 · program services $4,715 · management and general $1,922 · fundraising $737

  • 11b · Fees: legal

    total $300 · program services $0 · management and general $300 · fundraising $0

  • 11c · Fees: accounting

    total $23,056 · program services $0 · management and general $23,056 · fundraising $0

  • 11g · Fees: other

    total $29,920 · program services $1,846 · management and general $28,074 · fundraising $0

  • 12 · Advertising and promotion

    total $11,188 · program services $0 · management and general $0 · fundraising $11,188

  • 16 · Occupancy

    total $16,021 · program services $0 · management and general $16,021 · fundraising $0

  • 17 · Travel

    total $10,288 · program services $6,284 · management and general $3,022 · fundraising $982

  • 22 · Depreciation, depletion and amortization

    total $28,646 · program services $0 · management and general $28,646 · fundraising $0

  • 23 · Insurance

    total $8,292 · program services $0 · management and general $8,292 · fundraising $0

  • 24e · All other expenses

    total $40,328 · program services $5,392 · management and general $22,305 · fundraising $12,631

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $741,278 · end of year $1,085,875

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

    $405,624

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

    $253,682

  • 10c · Land, buildings and equipment, net

    beginning of year $51,063 · end of year $151,942

  • 12 · Investments: other securities

    beginning of year $53,664,741 · end of year $45,738,761

  • 15 · Other assets

    beginning of year $395,526 · end of year $92,263

  • 17 · Accounts payable and accrued expenses

    beginning of year $270 · end of year $2,637

  • 18 · Grants payable

    beginning of year $147,150 · end of year $140,887

  • 21 · Escrow or custodial account liability

    beginning of year $6,921,245 · end of year $6,034,880

  • 23 · Secured mortgages and notes payable

    end of year $122,846

  • 25 · Other liabilities

    beginning of year $4,423 · end of year $5,131

  • 27 · Net assets without donor restrictions

    beginning of year $8,073,844 · end of year $7,588,235

  • 28 · Net assets with donor restrictions

    beginning of year $39,705,676 · end of year $33,174,225

Mission and programs · 2022

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

    Expenses $379,438 · Grants $331,057

  • Scholarships to colleges and universities. Scholarships are paid directly to the educational institution on behalf of students from the Scioto County area.

    Expenses $557,232 · Grants $486,181

  • Local schools, churches and other organizations, which provide physical and emotional support to area residents.

    Expenses $739,599 · Grants $645,296

As filed on the 2022 return.

Listed in Part VII

  • Kim Cutlip

    Executive Director

    Total calculated
    $125,650
    From this org
    $125,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Joshua Howard

    Board Member

    Total calculated
    $0
    Hours/week
    4

  • Lee Powell

    Board Chair

    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

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

    $252,238

    To further the exempt purpose of the organization

  • Shawnee State Univ

    $207,347

    To further the exempt purpose of the organization

  • Sciotoville Christian Church

    $103,643

    To further the exempt purpose of the organization

  • Portsmouth Athletic Complex

    $82,500

    To further the exempt purpose of the organization

  • Miami University

    $64,096

    To further the exempt purpose of the organization

  • Sierra's Haven

    $63,000

    To further the exempt purpose of the organization

  • Ohio State University

    $60,179

    To further the exempt purpose of the organization

  • City of Portsmouth

    $50,000

    To further the exempt purpose of the organization

  • Morehead State University

    $36,314

    To further the exempt purpose of the organization

  • Notre Dame Schools

    $33,424

    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
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202303209349303330

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

The source document this was parsed from is served over the API, which is where bulk and document access live.