Jewish Community Board Of Akron Inc
- Assets
- $23.9m
- Revenue
- $3.2m
- Investments
- $156.8k
- Employees
- 9
- Location
- Akron, OH
- Founding
- 04/2000
- Data as of
- 06/2022
- EIN
- 34-1884695
Organization Overview
Jewish Community Board Of Akron Inc is located in Akron, OH. The organization was established in 2000. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Jewish Community Board Of Akron Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Community Board Of Akron Inc 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, Jewish Community Board Of Akron Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 7 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.
Since 2015, Jewish Community Board Of Akron Inc has awarded 145 individual grants totaling $8,724,347. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE JCBA IS A VOLUNTEER ASSOCIATION OF CONCERNED AND COMMITTED PEOPLE THAT EXISTS FOR THE PURPOSE OF PRESERVING, ENHANCING, AND PERPETUATING THE JEWISH WAY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A GOVERNANCE STRUCTURE FOR THE JEWISH COMMUNAL AGENCIES OF AKRON AND TO IMPROVE THE QUALITY, AVAILABILITY, AND COST EFFECTIVENESS OF SERVICES IN SUMMIT COUNTY AS WELL AS STRENGTHEN THE CAPACITY OF AKRON'S JEWISH COMMUNITY. IN ADDITION, THE JEWISH COMMUNITY BOARD OF AKRON SERVES AS A LOCAL FUNDRAISING AGENCY FOR VARIOUS LOCAL AND NATIONAL JEWISH ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Schwartz Trustee | Trustee | 1 | $0 |
Thom Mendal Board Chair | OfficerTrustee | 1 | $0 |
Stephanie York Chair Elect | OfficerTrustee | 1 | $0 |
David Kern Trustee | Trustee | 1 | $0 |
Mark Bober Treasurer | OfficerTrustee | 1 | $0 |
Mark Baer Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,696,498 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,696,498 |
| Total Program Service Revenue | $184,341 |
| Investment income | $156,326 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $847,304 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,243,839 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,100,545 |
| 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. | $74,318 |
| Compensation of current officers, directors, key employees. | $37,159 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $319,453 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,393 |
| Payroll taxes | $35,810 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $143,034 |
| Fees for services: Other | $166,242 |
| Advertising and promotion | $43,008 |
| Office expenses | $47,705 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,226 |
| Travel | $962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,711 |
| Interest | -$58 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,020 |
| Insurance | $9,337 |
| All other expenses | $76,904 |
| Total functional expenses | $3,277,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101 |
| Savings and temporary cash investments | $244,565 |
| Pledges and grants receivable | $654,507 |
| Accounts receivable, net | $98,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,041,828 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,533 |
| Net Land, buildings, and equipment | $11 |
| Investments—publicly traded securities | $21,681,964 |
| Investments—other securities | $156,781 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,906,660 |
| Accounts payable and accrued expenses | $210,119 |
| Grants payable | $735,631 |
| Deferred revenue | $83,565 |
| 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 | $26,953 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,970,459 |
| Total liabilities | $6,026,727 |
| Net assets without donor restrictions | $4,888,468 |
| Net assets with donor restrictions | $12,991,465 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $23,906,660 |
Grants Awarded
Over the last fiscal year, Jewish Community Board Of Akron Inc has awarded $366,343 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AKRON COMMUNITY FOUNDATION PURPOSE: CONTRIBUTION | $51,549 |
CHABAD OF AKRON PURPOSE: CONTRIBUTION | $37,500 |
JEWISH FAMILY SERIVCE ASSOCIATION OF CLEVELAND PURPOSE: CONTRIBUTION | $9,140 |
NEOMED FOUNDATION PURPOSE: CONTRIBUTION | $99,324 |
TEMPLE ISRAEL PURPOSE: CONTRIBUTION | $36,330 |
BETH EL CONGREGATION PURPOSE: CONTRIBUTION | $15,000 |