Northeast Ohio Student Venture Fund
- Assets
- $276.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 04/2009
- Data as of
- 06/2022
- EIN
- 26-2178326
Organization Overview
Northeast Ohio Student Venture Fund is located in Akron, OH. The organization was established in 2009. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Ohio Student Venture Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Northeast Ohio Student Venture Fund generated $7.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (40.3%) each year. All expenses for the organization totaled $9.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (42.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE STUDENTS IN THE NEOSVF ASSIST THE ENTREPRENEURIAL SERVICES PROGRAM AT BOUNCE INNOVATION HUB BY PROVIDING CONSULTING HOURS SPENT ADVISING START UP TECHNOLOGY FIRMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Spain Board Member | 1 | $0 | |
Shawn Rohlin Board Member | 1 | $0 | |
Gopal Nadkarni Board Member | 1 | $0 | |
Elyse Ball Board Member | 1 | $0 | |
Nicholas Glavan Board Member | 1 | $0 | |
Daniel J Hampu President/treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,908 |
| Membership dues | $0 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,944 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,416 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $538 |
| Other expenses | $148 |
| Total expenses | $9,102 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,502 |
| Other assets | $0 |
| Total assets | $276,829 |
| Total liabilities | $0 |
| Net assets or fund balances | $276,829 |