Assets Toledo
- Assets
- $32.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 31-1656341
Organization Overview
Assets Toledo is located in Toledo, OH. The organization was established in 1999. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assets Toledo 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 12/2021, Assets Toledo generated $97.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $93.7k during the year ending 12/2021. While expenses have increased by 41.2% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PRACTICAL, EXPERIENCE-BASED TRAINING FOR INDIVIDUALS WHO WANT TO START OR EXPAND A SMALL BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olivia Holden Executive Director | 40 | $39,093 | |
Laurnetta Baylis Board Member | 1 | $0 | |
Ken Fallows Secretary | 1 | $0 | |
Cheryl D Tyler Folsom Vice Chair | 1 | $0 | |
Brent Ringenberg Treasurer | 1 | $0 | |
Jason Ridley Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,755 |
| Total Program Service Revenue | $5,558 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,313 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,510 |
| Professional fees and other payments to independent contractors | $2,729 |
| Occupancy, rent, utilities, and maintenance | $1,806 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,993 |
| Total expenses | $93,713 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,393 |
| Other assets | $0 |
| Total assets | $32,393 |
| Total liabilities | $3,541 |
| Net assets or fund balances | $28,852 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Assets Toledo has recieved totaling $33,105.
| Awarding Organization | Amount |
|---|---|
Jumpstart Inc Cleveland, OH PURPOSE: ECONOMIC DEVELOPMENT | $31,600 |
Anderson Foundation Maumee, OH PURPOSE: 2022 GENERAL SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Workforce Development Board Of Central Ohio Columbus, OH | $1,226,414 | $9,387,231 |
Central Pennsylvania Workforce Development Corporation Lewisburg, PA | $2,063,323 | $7,980,390 |
Job Squad Inc Bridgeport, WV | $7,674,844 | $8,287,475 |
Washington Greene County Job Training Agency Inc Washington, PA | $1,089,406 | $7,552,345 |
Lancaster County Workforce Investment Board Lancaster, PA | $4,353,738 | $7,078,315 |
Central Susquehanna Opportunities Inc Shamokin, PA | $2,005,691 | $6,265,439 |
Partners In Progress Inc Mansfield, PA | $8,185,580 | $7,153,542 |
Northern Indiana Workforce Board Inc South Bend, IN | $1,518,783 | $6,187,359 |
Tecumseh Area Partnership Inc Lafayette, IN | $657,901 | $5,842,061 |
Workforce Solutions For North Central Pennsylvania Inc Kersey, PA | $1,800,061 | $5,387,461 |
Lee Initiative Inc Louisville, KY | $1,578,527 | $6,114,008 |
Goodtemps Inc Muskegon, MI | $1,471,204 | $5,593,631 |