Leadership Akron
- Assets
- $411.5k
- Revenue
- $776.3k
- Investments
- $248.9k
- Employees
- 8
- Location
- Akron, OH
- Founding
- 07/1999
- Data as of
- 06/2023
- EIN
- 31-1655877
Organization Overview
Leadership Akron is located in Akron, OH. The organization was established in 1999. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2023, Leadership Akron employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Akron 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 06/2023, Leadership Akron generated $776.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $797.0k during the year ending 06/2023. While expenses have increased by 0.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LEADERSHIP AKRON IS TO INSPIRE, STRENGTHEN, AND EMPOWER LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIGNATURE PROGRAM (FKA FLAGSHIP PROGRAM) - THE LEADERSHIP AKRON PROGRAM BEGINS IN AUGUST WITH A TOUR AND SPIRITED OPENING RETREAT. IN THE MONTHS THAT FOLLOW, THE CLASS IS IMMERSED IN EXPERIENCES THAT ADDRESS SPECIFIC ASPECTS OF OUR COMMUNITY. EACH PROGRAM DAY GIVES THE CLASS A HANDS-ON LOOK AT WHAT IS HAPPENING IN THAT FIELD, THE OPPORTUNITY TO HEAR FROM LEADERS OF ORGANIZATIONS AND THE KEY ISSUES THEY ARE ADDRESSING, AND FIRSTHAND ACCOUNTS FROM PROVIDERS AND CUSTOMERS. EACH DAY-LONG EXPERIENCE IS DESIGNED BY LEADERSHIP AKRON ALUMNI WHO HAVE EXPERTISE IN THE FIELD OF INTEREST FOR THAT DAY. IN ADDITION TO EACH MONTH'S DAY-LONG SEMINAR, SHORT SITE VISITS TO UNIQUE LOCATIONS PROVIDE A DEEPER UNDERSTANDING OF THE TOPIC AT HAND. LEADERSHIP AKRON PRESENTS AN UNPARALLELED OPPORTUNITY FOR LEADERS TO SEE BEYOND THEIR OWN SPHERES TO THE BROADER INTERESTS OF COMMUNITY. THEY DEVELOP A WORKING KNOWLEDGE OF OUR COMMUNITY ACROSS SECTORS AND LEARN TO APPRECIATE THE DIVERSE PERSPECTIVES OF THEIR CLASSMATES. THE RESULT IS A CORPS OF LEADERS EQUIPPED TO ADVANCE OUR COMMUNITY.
JUNIOR LEADERSHIP AKRON - PATTERNED AFTER THE FLAGSHIP PROGRAM, TO HIGH SCHOOL JUNIORS, TO FOSTER A SENSE OF COMMUNITY AWARENESS AND PREPARE THEM FOR FUTURE LEADERSHIP.INSIGHT AKRON - ONE FULL-DAY COMMUNITY ORIENTATION FOR SENIOR EXECUTIVES WHO ARE NEW TO AKRON THROUGH SITE VISITS, PRESENTATIONS AND ACTIVITIES.DIVERSITY ON BOARD - LEADERSHIP AKRON DEVELOPS DIVERSE TALENT FOR SERVICE ON LOCAL NONPROFIT BOARDS THROUGH LEADERSHIP DEVELOPMENT AND EDUCATION.EDGE (FKA INTERN EDGE) - LEADERSHIP AKRON EDUCATES SUMMER INTERNS AT LOCAL BUSINESSES ABOUT BUILDING A LIFE AND CAREER IN THE AKRON AREA.
CLI - LEADERSHIP AKRON HAS PARTNERED WITH MAJOR EMPLOYERS IN AKRON TO CUSTOM DESIGN COMMUNITY LEADERSHIP PROGRAMS THAT ALIGN WITH EACH ORGANIZATION'S CULTURE, COMPETENCIES, AND STRATEGIC FOCUS.
N.E.X.T. - LEADERSHIP AKRON PROVIDES SENIOR COMMUNITY LEADERS AT OR NEAR RETIREMENT THE OPPORTUNITY TO EXAMINE PERSONAL STRENGTHS AND THEIR POTENTIAL FOR INDIVIDUAL INVOLVEMENT IN THE AKRON COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Harte MD Trustee | Trustee | 1 | $0 |
John Garofalo Trustee | Trustee | 1 | $0 |
Jon Fiume Trustee | Trustee | 1 | $0 |
Judi Hill Trustee | Trustee | 1 | $0 |
Sherry Neubert Trustee | Trustee | 1 | $0 |
John W Judge Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $55,000 |
| Membership dues | $40,053 |
| Fundraising events | $54,096 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,651 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $532,800 |
| Total Program Service Revenue | $250,152 |
| Investment income | $6,406 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$658 |
| Net Income from Fundraising Events | -$13,169 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $776,334 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,708 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $143,349 |
| Compensation of current officers, directors, key employees. | $17,202 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $291,863 |
| Pension plan accruals and contributions | $9,081 |
| Other employee benefits | $20,268 |
| Payroll taxes | $33,766 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,306 |
| Fees for services: Other | $7,859 |
| Advertising and promotion | $18,515 |
| Office expenses | $23,358 |
| Information technology | $3,179 |
| Royalties | $0 |
| Occupancy | $47,360 |
| Travel | $143 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,309 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $997 |
| Insurance | $4,672 |
| All other expenses | $6,906 |
| Total functional expenses | $796,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,330 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,179 |
| Net Land, buildings, and equipment | $1,494 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $248,853 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $411,456 |
| Accounts payable and accrued expenses | $19,714 |
| Grants payable | $0 |
| Deferred revenue | $111,938 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,253 |
| Total liabilities | $167,905 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $243,551 |
| Total liabilities and net assets/fund balances | $411,456 |
Grants Awarded
Over the last fiscal year, Leadership Akron has awarded $19,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AKRON INNER CITY SOCCER CLUB PURPOSE: ORGANIZATIONAL SUPPORT | $9,000 |
SHANTI COMMUNITY FARMS INC PURPOSE: ORGANIZATIONAL SUPPORT | $10,000 |