GREATER AKRON FORE YOUTH DEVELOPMENT INC FORMERLY THE FIRST TEE OF AKRON

EIN: 341886744 501(c)(3) Recreation & Sports

AKRON, OH

Total Revenue
$951,970
Total Expenses
$986,595
Total Assets
$539,649
Net Assets
$539,649
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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
1999
Legal Domicile
OH
Principal Officer
JEFF O'BRIEN
Phone
3303752638
Tax Period
2024-01-01 to 2024-12-31

GREATER AKRON FORE YOUTH DEVELOPMENT INC FORMERLY THE FIRST TEE OF AKRON, founded in 1999, is a small nonprofit in the Recreation & Sports sector that reported $952K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

YOUTH DEVELOPMENT ORGANIZATION THAT USES GOLF TO TEACH KIDS OF ALL SOCIAL STRATA LIFE SKILLS

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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 $376,629
Program Service Revenue $542,720
Investment Income $6,557
Other Revenue $26,064
TOTAL REVENUE $951,970

Expense Breakdown

Grants Paid $0
Salaries & Benefits $661,549
Fundraising Expenses $81,552
Program Expenses $809,754
Other Expenses $299,189
TOTAL EXPENSES $986,595

Year-over-Year Comparison

2024 2023 Change
Revenue $951,970 $854,506 +0.1%
Expenses $986,595 $880,932 +0.1%
Net Income $-34,625 $-26,426 +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
18
Independent Members
18
Employees
50
Volunteers
14

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
5
$99,262
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTORIA FERRISE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
RICK DODSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
OLIVIA HOCHSCHWENDER SECRETARY 1.00
Officer Director
$0 $0 $0
TREVOR JONES TREASURER 1.00
Officer Director
$0 $0 $0
KEMP BOYD TRUSTEE 1.00
Director
$0 $0 $0
ROBERT GERBERRY TRUSTEE 1.00
Director
$0 $0 $0
JAMES SKAKUN TRUSTEE 1.00
Director
$0 $0 $0
JEFF SHEEKS TRUSTEE 1.00
Director
$0 $0 $0
ERIN MISHEFF TRUSTEE 1.00
Director
$0 $0 $0
ROSEMARY HICKIN TRUSTEE 1.00
Director
$0 $0 $0
JASON LISOWSKI TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL ROBINSON TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN FALLIS TRUSTEE 1.00
Director
$0 $0 $0
JESSE GRECZANIK TRUSTEE 1.00
Director
$0 $0 $0
MATT CONSIDINE TRUSTEE 1.00
Director
$0 $0 $0
ELISE CUDDY TRUSTEE 1.00
Director
$0 $0 $0
THOMAS ORCUTT TRUSTEE 1.00
Director
$0 $0 $0
CASEY SCHRADER TRUSTEE 1.00
Director
$0 $0 $0
RJ NEMER TRUSTEE 1.00
Director
$0 $0 $0
JEFF O'BRIEN EXECUTIVE DIRECTOR 40.00
Officer
$99,262 $0 $99,262
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 $951,970 $986,595 $539,649 $-34,625
2023 $854,506 $880,932 $574,274 $-26,426
2022 $954,755 $843,090 $597,873 $111,665
2021 $813,445 $787,681 $483,320 $25,764
2020 $709,752 $662,970 $453,264 $46,782
2019 $828,704 $805,582 $401,337 $23,122
2018 $728,265 $651,686 $468,157 $76,579
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