Limitless Ambition Inc
Nonprofit profile at a glance
- EIN
- 463789485
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Stow, OH, USA
- Phone
- 3303070542
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $136,201
- Expenses
- $127,429
- Assets
- $72,904
- Liabilities
- $688
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ASHLEY KLINE (PRESIDENT)
People named in this filing
- CHRISTA NURU (TRUSTEE)
- ASHLEY KLINE (PRESIDENT)
- ALICIA ROBINSON (EXECUTIVE DI)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Limitless ambition is a 501c3 nonprofit organization providing tools to girls and young women to overcome boundaries to their success. Built and led by women, the nonprofit preserves and promotes the visions of emerging women who have been discouraged from pursuing their goals. By providing resources, training, and support, this organization assists girls and young women in developing limitless ambitions. We have impacted the lives of more than 5,000 young women through our teen programs and care packages. Limitless ambition's objectives -to provide custom enrichment programs for young women from economically deprived areas to equip them with the tools they need to pursue a passion, demonstrate leadership, and overcome obstacles -to distribute dream kits to young women who have experienced trauma and/or are living in foster care -to increase high school graduation rates and college enrollment/graduation rates by providing support and scholarships limitless ambition programs and initiat
What it reported doing in 2024
Purposely chosen teen enrichment program - a facilitated curriculum-based program for teen girls designed to equip them with the tools they need to pursue a passion, demonstrate leadership, and overcome obstacles. 130 teen girls in 6 schools completed the purposely chosen teen program. Crafty ambition - an art enrichment program that taught 25 girls to use arts and crafts as a form of empowerment. Girls will learn about self-care, self-love, emotional regulation, resiliency, and passion-centered goal setting. They will create crafts like body scrubs, tye-dye fabrics, and crafts with yarn or beads. They will also gain entrepreneurial skills such as business planning, budgeting, marketing, branding, customer service, and booth building. Ladies of legacy -this event served both to celebrate the entrepreneurial spirit of women in our community who are achieving their dreams and to help us raise funds to fuel our mission we honored 3 women and had over 150 women and teens in attendance. Pearls for little girls mother daughter brunch - every year limitless ambition hosts a mother-daughter brunch to help restore the bonds between mothers and daughters. We hosted over 50 mothers and daughters and they had brunch, listened to speakers and did bonding activities. Dream kit - duffle bags distributed to young girls who have experienced trauma and/or are living in foster care containing items like a self-guided curriculum, positive affirmation cards, a journal, personal hygiene pack, a t-shirt and a connect with limitless ambition card. We distributed 75 kits to 5 community partners. Community workshops - limitless ambition partners with organizations to host workshops for their program participants. We hosted 5 community workshops that reached 200 students. Numbers at a glance: -785 young women and girls served -175 impacted teens -6 school partners -100 dream kits distributed -3 cities with programming
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.8%; rating input score 77
- Program expense ratio: 82.1%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 6.4%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 11.8%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 37.3% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 30.5% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 16.4% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 76.8% of revenue deployed · 82.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $105K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Sustainability: Operating margin scored 51/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.