Northeast Ohio Student Venture Fund
- Assets
- $278.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 04/2009
- Data as of
- 06/2021
- 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 06/2021, Northeast Ohio Student Venture Fund generated $13.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $16.0k during the year ending 06/2021. 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
2021
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 |
|---|---|---|---|
Michael Goldberg Secretary | 1 | $0 | |
Gopal Nadkarni Board Member | 1 | $0 | |
Shawn Rohlin Board Member | 1 | $0 | |
Elyse Ball Board Member | 1 | $0 | |
Daniel J Hampu Executive Director | 10 | $0 | |
Michelle Spain Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $11,058 |
| Membership dues | $0 |
| Investment income | $63 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,121 |
| 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 | $15,779 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $46 |
| Other expenses | $169 |
| Total expenses | $15,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,844 |
| Other assets | $0 |
| Total assets | $278,057 |
| Total liabilities | $1,021 |
| Net assets or fund balances | $277,036 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northeast Ohio Student Venture Fund has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Akron Community Foundation Akron, OH PURPOSE: TO SUPPORT THE NORTHEAST OHIO STUDENT VENTURE FUND ANNUAL MEETING AT QUAKER STATION | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louisville Medical Center Development Corporation Louisville, KY | $97,176,335 | $8,068,476 |
Fund For Medical Research And Education Detroit, MI | $30,425,506 | $9,049,534 |
Pulaski Health Foundation Inc Winamac, IN | $8,480,545 | $8,038,166 |
York Health Foundation York, PA | $12,105,892 | $8,310,377 |
Healthcare Foundation Of La Porte Inc La Porte, IN | $192,768,600 | $27,903,057 |
Ephraim Mcdowell Health Inc Danville, KY | $193,248,022 | $7,628,237 |
Metro Solutions Inc Southfield, MI | $8,153,189 | $9,205,268 |
Norton Healthcare Foundation Inc Louisville, KY | $67,267,345 | $14,532,158 |
Messiah Lifeways Mechanicsburg, PA | $3,767,505 | $5,505,262 |
Legacy Dmc Detroit, MI | $0 | $132,374 |
Pottstown Area Health & Wellness Foundation Pottstown, PA | $88,468,067 | $7,361,536 |
Heritage Community Initiatives Braddock, PA | $3,376,185 | $4,220,898 |