Akron Regional Development Board Educational Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −7,742 | 149,769 | −157,511 | 59.8 | 0% |
| 2012 | 83,090 | 137,494 | −54,404 | 62.8 | 0% |
| 2013 | 177,941 | 160,078 | 17,863 | 55.3 | 0% |
| 2014 | 82,987 | 71,384 | 11,603 | 125.9 | 0% |
| 2015 | 82,014 | 153,486 | −71,472 | 52.9 | 0% |
| 2016 | 70,724 | 192,149 | −121,425 | 34.7 | 0% |
| 2017 | 119,218 | 244,051 | −124,833 | 21.2 | 0% |
| 2018 | 494,695 | 210,140 | 284,555 | 40.9 | 0% |
| 2019 | 547,392 | 292,018 | 255,374 | 41.4 | 0% |
| 2020 | 614,846 | 554,654 | 60,192 | 23.7 | 0% |
| 2021 | 389,160 | 371,006 | 18,154 | 36.7 | 0% |
| 2022 | 253,916 | 321,862 | −67,946 | 38.0 | 0% |
| 2023 | 700,263 | 298,109 | 402,154 | 58.7 | 0% |
In its most recent public year (2023), this organization brought in $402,154 more than it spent. Its reserves stood at about 58.7 months of spending, down from 59.8 in 2011. Staff pay was 0% of spending. $1,288,275 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Akron Regional Development Board Educational Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works