AKRON TURNER CLUB

EIN: 340059040 Mutual Benefit

TALLMADGE, OH

Total Revenue
$583,556
Total Expenses
$336,850
Total Assets
$726,164
Net Assets
$724,244
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1885
Legal Domicile
OH
Principal Officer
JEFF LADESIC
Phone
3306289589
Tax Period
2024-01-01 to 2024-12-31

AKRON TURNER CLUB, founded in 1885, is a small nonprofit in the Mutual Benefit sector that reported $153K in total revenue in fiscal year 2018. Expenses of $174K exceeded revenue, resulting in a 14% operating deficit.

Mission

A SOCIAL & RECREATIONAL CLUB OFFERING FAMILIES ORGANIZED ACTVITITES & EQUIPMENT FOR SPORTS, RECREATION & SOCIALIZING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,640
Program Service Revenue $0
Investment Income $2,808
Other Revenue $535,108
TOTAL REVENUE $583,556

Expense Breakdown

Grants Paid $105,752
Salaries & Benefits $78,901
Fundraising Expenses $0
Program Expenses $431,073
Other Expenses $152,197
TOTAL EXPENSES $336,850

Year-over-Year Comparison

2024 2023 Change
Revenue $583,556 $406,278 +0.4%
Expenses $336,850 $297,280 +0.1%
Net Income $246,706 $108,998 +1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
6
Volunteers
85

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF LADESIC PRESIDENT N/A
Officer
$0 $0 $0
MARGIE GEORGE SECRETARY N/A
Officer
$0 $0 $0
KELLY WHITMER TREASURER N/A
Officer
$0 $0 $0
ERIC TATGENHORST VICE PRESIDE N/A
Officer
$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 $583,556 $336,850 $726,164 $246,706
2023 $406,278 $297,280 $479,570 $108,998
2022 $154,910 $195,724 $370,722 $-40,814
2021 $257,422 $198,087 $409,354 $59,335
2020 $139,635 $154,902 $350,019 $-15,267
2019 $172,996 $176,400 $375,855 $-3,404
2018 $153,050 $174,292 $372,634 $-21,242
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