GREATER AKRON AMENITIES INC

EIN: 010675880 501(c)(3) Public & Societal Benefit

AKRON, OH

Total Revenue
$1,060,550
Total Expenses
$851,354
Total Assets
$604,408
Net Assets
$596,571
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
OH
Principal Officer
MORELL MENDIOLA
Phone
3303747560
Tax Period
2023-01-01 to 2023-12-31

GREATER AKRON AMENITIES INC, founded in 2002, is a community nonprofit in the Public & Societal Benefit sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 115% from the prior year, signaling strong growth momentum. The organization ran a surplus of $209K, a strong 20% operating margin.

Mission

TO PARTICIPATE IN THE PROMOTION OF DOWNTOWN AKRON, OHIO.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,060,550
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,060,550

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $841,122
Other Expenses $848,354
TOTAL EXPENSES $851,354

Year-over-Year Comparison

2023 2022 Change
Revenue $1,060,550 $493,500 +1.1%
Expenses $851,354 $181,148 +3.7%
Net Income $209,196 $312,352 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$392,726
Total Directors
3
$392,726
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGG MERVIS PRESIDENT 1.00
Officer Director
$0 $33,504 $255,741
RENATO CAMACHO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MORELL MENDIOLA SECRETARY & TREASURER 1.00
Officer Director
$0 $12,270 $136,985
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $1,060,550 $851,354 $604,408 $209,196
2022 $493,500 $181,148 $387,472 $312,352
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