Nonprofit screen
Screen a listAkron Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Supporting organization, type not stated
$490krevenue
FY2024 · −48% in 3 yrs5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin1.7%
Months of reserve11.3mo
Revenue growth (annualized)−41.1%
Middle half of peersMedianAkron Development
Where the money goes FY2024 · $481k spent
Programs$481k100%Management and general$860%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$32k in FY2022 and −$268k in FY2023. Cash covers 11.3 months, above the peer median of 7.6.
990 Part I and balance sheetIn its favor
None found in the filings.
7funders
$165ka year, last 3 years
99%from its largest funder
Funder’17’18’19’20’21’22’23Gar FoundationOn and off$150k$120k$85kFund for Our Economic Future of Northeast OhioOn and off$81kJohn S and James L Knight FoundationOn and off$75kThe Rc Musson and Katharine Musson Charitable FoundationSince FY2021$1k$1k$1kDonor-advised giftsDonors not disclosed$109k$34k$25k$1.5M$376k$48k$70k
FundedThrough a donor-advised fund