BEducationEIN: 310927345· Ruling Year: 1978

Ohionet

Westerville, Ohio

CHealth Score
44C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.37×
Peer Median9.48×
💰
$8.5M
Total Revenue
📊
$9.0M
Total Expenses
🏦
$3.3M
Net Assets
📋
$6.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.2%
Year-over-year change (2022 → 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.37
Net assets divided by total expenses
Liabilities-to-Assets
65.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,549,2481%$8,961,8173%$9,537,6611%
2022$8,653,2052%$8,659,9042%$9,473,0145%
2021$8,856,3755%$8,501,6896%$9,925,46120%
2020$9,303,20510%$9,067,9774%$8,284,9895%
2019$8,460,9137%$8,693,8537%$8,685,4608%
2018$9,113,8697%$9,312,0074%$9,394,3483%
2017$9,762,71713%$9,708,4839%$9,715,0575%
2016$8,646,1727%$8,912,5297%$10,214,0106%
2015$9,275,65025%$9,574,35524%$9,625,97012%
2014$7,427,1901%$7,707,794$10,952,017
2013$7,500,92531%$7,714,57830%$10,958,3056%
2012$10,847,6441%$11,008,5161%$11,631,0986%
2011$10,785,052$10,932,373$12,323,261

Frequently Asked Questions

What does Ohionet do?

Ohionet is a education nonprofit organization based in Ohio. It is classified under NTEE code B70B and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ohionet financially healthy?

Based on our 9-metric Financial Health Score model, Ohionet has a score of 44/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ohionet generate?

Ohionet reports $10.3M in annual revenue and holds $9.7M in total assets, based on IRS filings.

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