THE AKRON OHIO IOTA CORPORATION (EIN 383901851) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

MICHAEL MURDOCCO

Phone

3306600700

Tax Period

2025-01-01 to 2025-12-31

THE AKRON OHIO IOTA CORPORATION, founded in 2013, is a micro nonprofit in the Recreation & Sports sector that reported $73K in total revenue in fiscal year 2025. Revenue surged 78% from the prior year, signaling strong growth momentum. Net assets of $194K represent 32 months of operating reserves.

Mission

TO FOSTER HIGH STANDARDS OF INTELLECTUAL ACHIEVEMENT AND ETHICAL BEHAVIOR. TO PROMOTE EDUCATION. COOPERATE WITH THE UNIVERSITY OF AKRON TO PROMOTE THE DEVELOPMENT OF EDUCATION AND ADVANCEMENT OF THE LIFE OF ITS MEMBERS. TO ACQUIRE, BUILD, MAINTAIN AND OPERATE REAL ESTATE FOR QUALIFIED STUDENTS AT THE UNIVERSITY OF AKRON.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $7,850

Program Service Revenue $64,665

Investment Income $179

Other Revenue $0

TOTAL REVENUE $72,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,096

Other Expenses $77,096

TOTAL EXPENSES $77,096

Year-over-Year Comparison

	2025	2024	Change
Revenue	$72,694	$40,880	+0.8%
Expenses	$77,096	$68,277	+0.1%
Net Income	$-4,402	$-27,397	-0.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DON DIXON	VICE PRESIDE	N/A	Officer	$0	$0	$0
TOM GRULKOWSKI	VICE PRESIDE	N/A	Officer	$0	$0	$0
MICHAEL MURDOCCO	PRESIDENT	N/A	Officer	$0	$0	$0
CONNOR SHAW	OFFICER	N/A	Officer	$0	$0	$0
DAVE TIPTON	OFFICER	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
2025	$72,694	$77,096	$542,631	$-4,402
2024	$40,880	$68,277	$544,977	$-27,397
2023	$299,104	$231,721	$609,274	$67,383
2022	$80,411	$68,225	$601,839	$12,186
2021	$80,492	$85,074	$626,238	$-4,582
2018	$101,866	$77,927	$693,859	$23,939

THE AKRON OHIO IOTA CORPORATION