NFP500

#219 of 500 · Human Services & Advocacy

Jobsohio Beverage System

EIN 20-1255734 · OH · NTEE S32 · Form 990, fiscal 2023

A nonprofit entity based in Columbus, Ohio, that holds the exclusive franchise for the sale of high-proof spirituous liquor in Ohio. It manages liquor distribution to state retail locations (OHLQ) and directs the resulting profits to fund JobsOhio, the state's private nonprofit economic development corporation. The arrangement provides a dedicated, non-tax funding source for job creation and capital investment activities across Ohio.

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Financials, fiscal 2023

Revenue
$732.5M
Expenses
$1.08B
Total assets
$1.18B
Net assets
-$511.0M
Operating margin
-47.0%
1-year growth
3.0%
5-year growth (CAGR)
8.1%
Reserve (years of spending)
-5.7
Contributions share
n/a
Programme spending
0.0%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
$625.0M
Years filing
17

NFP Health Score: 53 / 100

Financial 10 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To lessen the burdens of government of the State of Ohio by providing funding, derived from liquor sale profits, to JobsOhio to carry out its job creation and economic development activities.

Revenue history

YearRevenue
2019$537.3M
2020$596.5M
2021$699.5M
2022$711.5M
2023$732.5M