Akron Tomorrow

Nonprofit profile at a glance

EIN
341691902
IRS 990-EZ coverage
2010–2014
Forms available
Form 990-EZ 2014
Location
Akron, OH, USA
Phone
3303765550
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Reported finances

Revenue
$40,500
Expenses
$45,575
Assets
$19,485
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • MARK COHEN (TRUSTEE)
  • ANN AMER BRENNAN (TRUSTEE)
  • ANTHONY J ALEXANDER (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Improvement of the greater akron community

What it reported doing in 2014

To support the greater akron chamber in its mission to be the local catalyst supporting and stimulating higher levels of targeted business attraction, retention and development in the tri-county area of summit, medina and portage counties in the state of Ohio.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.9%; rating input score 68
  • Program expense ratio: 60.3%; rating input score 60

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -12.5%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -28.3% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -9.7% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: 7.6% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 67.9% of revenue deployed · 60.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $28K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.