State of Ohio Collective Inc

Nonprofit profile at a glance

EIN
852593162
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2021
Location
Akron, OH, USA
Phone
3308872344
Rating confidence
Limited
Sector
Human Service Organizations

Reported finances

Revenue
$199,509
Expenses
$198,628
Assets
$1,473

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

15 people listed

People named in this filing

  • T HOPKINS HUFFMAN (BOARD MEMBER)
  • EDNA BORDERS (BOARD MEMBER)
  • TIFFANY EDWARDS CFRE (BOARD MEMBER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

An action based think tank dedicated to developing and implementing strategies that address critical issues across Ohio we focus on sustainable solutions that drive meaningful progess statewide with targeted efforts in akron, canton, cleveland, columbus, cincinnati, toledo and youngstown. Through strategic initiatives, we work to eliminate barriers and foster growth in key sectors

What it reported doing in 2023

Nina imani institute implements a comprhensive education model focused on leadership developement, financial literacy and social entrepreneurship. Primary accomplishment of the institute has been the developement of curricula addressing economic disparities and leadership barriers through hands on training and guided professional development. Fathers read program stenthens father-child relationships through structured literacy engagement in correctional facilities, libraries and community centers. The program fosters stronger familial bonds while promoting literacy as a tool for rehabilitation and reintegration family reads program promotes family literacy and multi-generational learning. By creating structured literacy environments for children, parents and caregivers. The program strengthens reading comprehension and a love for learning. Workforce education development and guidence for employment programs bridge education and workforce opportunities, equipping participants with the necessary skills for employment in high demand industries. Keystone innovecon has engaged over 3000 businesses, integrated 280 businesses into its stragegic framework and provided technical assitance to more than 1000 organizations and individuals cultural connections summit is a strategic initiative that fosters economic opportunity, sustainability, and business growth. The summit bringstogether industry leaders, entrepreneurs and community organizations to develop pathways for financial and professional success economic expansion summary the build better plan the build better plan developed by the state of Ohio collective is a targeted economic recovery and expansion initiative addressing the systemic gaps in funding support and access for underrepresented businesses and underresourced and impoverished communities the 50 year plan developed by the state of Ohio collective is a multi generational systems level initiative designed to modernize and align critical service and development sectors accross the state focused on long term structural advancement the plan spans seven integrated domains

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 0.4%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 11.6% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 85.3% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • 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.

  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.