Nonprofit · EIN 51-0157026
THE SCIOTO COUNTY AREA FOUNDATION
Tax-exempt · PORTSMOUTH, OH 45662
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,749,810 | $2,294,157 | $3,455,653 | $65,415,365 | $9,489,796 | $55,925,569 |
| December 31, 2023 | 990 | $8,159,831 | $1,919,903 | $6,239,928 | $58,416,070 | $8,115,143 | $50,300,927 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,168,389
- Program service revenue
- $723,327
- Investment income
- $2,858,094
- Net gain from sales of assets
- $975,926
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,754,755
- Compensation of officers, directors and key employees
- $132,118
- Other salaries and wages
- $194,965
- Salaries, compensation and benefits (total)
- $360,213
- Professional fundraising fees
- $0
- Occupancy
- $21,369
- Travel
- $14,304
- Depreciation
- $26,100
- Program services (functional)
- $2,004,526
- Management and general (functional)
- $227,300
- Fundraising (functional)
- $62,331
Balance sheet and other
- Total assets, start of year
- $58,416,070
- Total assets, end of year
- $65,415,365
- Total liabilities, end of year
- $9,489,796
- Net assets, end of year
- $55,925,569
- Land, buildings and equipment
- $99,741
- Net assets without donor restrictions
- $8,475,100
- Net assets with donor restrictions
- $47,450,469
- Gross receipts
- $5,749,810
- Employees
- 9
- Volunteers
- 5
- Year formed
- 1974
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kim Cutlip | Executive Director Officer, Key employee, Highest-paid employee | 40 | $132,118 |
| Joshua Howard | Board Member Trustee or director | 4 | $0 |
| Debra Esham | Board Member Trustee or director | 4 | $0 |
| Jodi High | Board Member Trustee or director | 4 | $0 |
| Barbara Brandbury | Board Member Trustee or director | 4 | $0 |
| Chris Hamilton | Board Member Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kim Cutlip | Executive Director Officer, Key employee | 40 | $111,736 |
| Joshua Howard | Board Member Trustee or director | 4 | $0 |
| Lee Powell | Board Chair Trustee or director | 4 | $0 |
| Debra Esham | Board Member Trustee or director | 4 | $0 |
| Jodi High | Board Member Trustee or director | 4 | $0 |
| Barbara Brandbury | Board Member Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 911, PORTSMOUTH, OH 45662-0911
- In care of
- % TRUST CO OF STERNE AGEE INC
- Principal officer (990 for 2024)
- Kimberly Cutlip, 303 Chillicothe Street, Portsmouth, OH 45662
- Signed the 990
- Kimberly Cutlip, Executive Director
- Phone
- (740) 354-4612
- Website
- www.sciotofoundation.org
- Return prepared by
- Caudill & Associates CPA PLLC
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.
Program accomplishments
- 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
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0157026
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $65,415,365
- Income (IRS master file)
- $5,749,810
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,749,810 | $2,294,157 | $65,415,365 | XML |
| 990 | December 2023 | $8,159,831 | $1,919,903 | $58,416,070 | XML |
| 990 | December 2022 | $3,148,736 | $1,943,676 | $47,068,841 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0157026).
Questions about THE SCIOTO COUNTY AREA FOUNDATION
- What is the EIN of THE SCIOTO COUNTY AREA FOUNDATION?
- The employer identification number (EIN) of THE SCIOTO COUNTY AREA FOUNDATION is 51-0157026.
- Is THE SCIOTO COUNTY AREA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to THE SCIOTO COUNTY AREA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE SCIOTO COUNTY AREA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE SCIOTO COUNTY AREA FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE SCIOTO COUNTY AREA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE SCIOTO COUNTY AREA FOUNDATION?
- The 990 for the year ended December 31, 2024 names Kimberly Cutlip.
- Who are the officers and directors of THE SCIOTO COUNTY AREA FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $132,118 (Kim Cutlip, Executive Director).
- How much revenue does THE SCIOTO COUNTY AREA FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,749,810, expenses of $2,294,157 and total assets of $65,415,365 at year end.
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