Akron Fossils and Science Center

EIN: 202545942 501(c)(3) Science & Technology

Copley, OH

Total Revenue
$288,481
Total Expenses
$276,970
Total Assets
$128,479
Net Assets
$123,635
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
OH
Principal Officer
William M Sanderson II
Phone
3306653466
Tax Period
2024-01-01 to 2024-12-31

Akron Fossils and Science Center, founded in 2004, is a small nonprofit in the Science & Technology sector that reported $288K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $277K left a modest 4% surplus.

Mission

Akron Fossils & Science Center exists to provide visitors of all ages with balanced, affordable, and hands-on educational oppotunities to explore the science of the world past, present, and future. One segment of our center explores creation science education.

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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 (2024)

Revenue Breakdown

Contributions & Grants $62,068
Program Service Revenue $220,413
Investment Income $0
Other Revenue $6,000
TOTAL REVENUE $288,481

Expense Breakdown

Grants Paid $0
Salaries & Benefits $176,621
Fundraising Expenses $15,382
Program Expenses $167,726
Other Expenses $100,349
TOTAL EXPENSES $276,970

Year-over-Year Comparison

2024 2023 Change
Revenue $288,481 $255,747 +0.1%
Expenses $276,970 $263,264 +0.1%
Net Income $11,511 $-7,517 -2.5%
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

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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
15
Independent Members
14
Employees
29
Volunteers
50

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
1
$0
Total Directors
15
$97,377
Key Employees
2
$66,359
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jodie L Brewer Executive Director 40.00
Director Key Emp
$40,461 $0 $40,461
Carolann Velotta Secretary 20.00
Director Key Emp
$25,898 $0 $25,898
Erin Corbett Board member 20.00
Director
$21,623 $0 $21,623
Angela Powers Board member 10.00
Director
$9,253 $0 $9,253
Alexandria Schall Board member 0.50
Director
$142 $0 $142
William M Sanderson II President 10.00
Officer Director
$0 $0 $0
Kurt Siegfried Board member 0.50
Director
$0 $0 $0
Greg Spickard Board member 0.50
Director
$0 $0 $0
Al Gotch Vice President 1.00
Director
$0 $0 $0
Mark Turnbow Board member 0.50
Director
$0 $0 $0
Lynn Turnbow Board member 0.50
Director
$0 $0 $0
Todd Styer Board member 0.50
Director
$0 $0 $0
David Robles Board member 0.50
Director
$0 $0 $0
Gary Gage Board member 5.00
Director
$0 $0 $0
Bill Heidinger Board member 0.50
Director
$0 $0 $0
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
2024 $288,481 $276,970 $128,479 $11,511
2023 $255,747 $263,264 $117,413 $-7,517
2022 $242,051 $231,622 $123,241 $10,429
2021 $207,201 $191,612 $112,702 $15,589
2019 $230,959 $196,525 $84,550 $34,434
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