AKRON REGIONAL DEVELOPMENT BOARD EDUCATIONAL FUND

AKRON, OH, 44311-1035 (330) 376-5550 Est. 1976 EIN 34-1202413
Form 990 501(c)(3)

Mission

PROMOTE BUSINESS & EDUCATION IN THE AKRON AREA

Giving Portfolio

Total Grants
6
Total Giving
$1.8M
Recipients
6
Years Active
2018 - 2024
Avg grant: $307,977 Median: $303,814

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$420K $420K01
20231$292K $292K01
20221$316K $316K01
20201$548K $548K01
20191$258K $258K01
20181$13K $13K10

Top States

Ohio
6

Grantee Size Profile

$5M - $10M
6

Top Grantees

GREATER AKRON CHAMBER OF COMMERCE
OH - 6 grants
$1.8M

Grants Awarded · 6 grants

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Financials

Total Revenue
$1,752,132
Total Expenses
$429,529
Net Assets
$2,806,571
3 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
6.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 150.2%
Expenses ↑ 44.1%
Revenue Sources
Contributions 97.4% Investment 2.6%
Expense Breakdown
Program 97.8% Management 2.2%

Officers & Trustees (4)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$1,752,132 ↑$429,529$2,806,571
2023 Form 990$700,263 ↑$298,109$1,457,290
2022 Form 990$253,916 ↓$321,862$1,020,515
2020 Form 990$614,846 ↑$554,654$1,093,695
2019 Form 990$547,392 ↑$292,018$1,008,652
2018 Form 990$494,695 $210,140$715,521

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EIN: 34-1202413 · Source: IRS Form 990 e-file data