AKRON YOUTH MENTORSHIP

EIN: 452883406 501(c)(3) Youth Development

AKRON, OH

Total Revenue
$218,218
Total Expenses
$283,365
Total Assets
$90,569
Net Assets
$86,770
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
OH
Principal Officer
LESHAUNTE EDWARDS
Phone
3302031877
Tax Period
2024-01-01 to 2024-12-31

AKRON YOUTH MENTORSHIP, founded in 2011, is a small nonprofit in the Youth Development sector that reported $218K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $283K exceeded revenue, resulting in a 30% operating deficit.

Mission

AKRON NBSP;YOUTH NBSP;MENTORSHIP NBSP;(AYM) NBSP;EXISTS NBSP;TO NBSP;MENTOR NBSP;YOUTH NBSP;IN NBSP;BIBLICAL NBSP;TEACHING NBSP;TO NBSP;MAKE NBSP;LIFE APOS;S NBSP;ETERNAL NBSP;EMOTIONAL NBSP;EDUCATIONAL NBSP;AND NBSP;OCCUPATIONAL NBSP;DECISIONS

Program Service Accomplishments

Program 1
Expenses: $213,210

MENTORSHIP INITIATIVES AYMS MENTORSHIP INITIATIVE PUTS A POSITIVE ADULT INFLUENCE IN THE LIVES OF ITS 100+ STUDENTS AND PROVIDES A SAFE ATMOSPHERE FOR STUDENTS TO GROW AND DEVELOP INTO SUCCESSFUL...

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MENTORSHIP INITIATIVES AYMS MENTORSHIP INITIATIVE PUTS A POSITIVE ADULT INFLUENCE IN THE LIVES OF ITS 100+ STUDENTS AND PROVIDES A SAFE ATMOSPHERE FOR STUDENTS TO GROW AND DEVELOP INTO SUCCESSFUL YOUNG ADULTS. THROUGH THE TIME THAT MENTORS SPEND WITH MENTEES TRUST IS BUILT TO GIVE A PLATFORM FOR MENTEES TO MAKE DECISIONS THAT WILL PUT THEM IN A POSITION OF SUCCESS AS THEY GROW OLDER. ULTIMATELY AKRON YOUTH MENTORSHIPS GOAL IS TO HELP YOUTH MAKE THE BEST DECISIONS EVERY MOMENT OF EVERY DAY.

Program 2
Expenses: $6,436

EDUCATION INITIATIVE AYM BELIEVES EDUCATION IS A KEY FACTOR IN LEARNING POSITIVE WORK ETHICS AND DECISION-MAKING SKILLS. TAYM SUPPORTS STUDENTS WHEREVER THEY ATTEND SCHOOL (MOST IN AKRON PUBLIC...

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EDUCATION INITIATIVE AYM BELIEVES EDUCATION IS A KEY FACTOR IN LEARNING POSITIVE WORK ETHICS AND DECISION-MAKING SKILLS. TAYM SUPPORTS STUDENTS WHEREVER THEY ATTEND SCHOOL (MOST IN AKRON PUBLIC SCHOOLS AND SURROUNDING CHARTER SCHOOLS) WITH ADVOCATING BETWEEN TEACHERS AND PARENTS PROVIDING TUTORING AND A 3RD GRADE READING PROGRAM THAT SUPPORTS THE 3RD GRADE READING GUARANTEE. AN INTRINISIC MOTIVATOR FOR OUR STUDENTS IS OUR ACADEMIC INCENTIVES FOR MENTEES (AIM). MIDDLE AND HIGH SCHOOL STUDENTS CAN TURN IN THEIR REPORT CARDS EACH QUARTER AND EARN MONEY BASED ON A PAY SCALE DEPENDING ON THEIR GRADES IN EACH CLASS

Program 3
Expenses: $15,382

CAMP INITIATIVE AYM SEEKS TO MAINTAIN RELATIONSHIPS WITH ITS STUDENTS THROUGHOUT THE ENTIRE YEAR. DURING THE SUMMER MONTHS THE ORGANIZATION INVESTS IN CAMP EXPERIENCES IN NORTHEAST OHIO. THESE...

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CAMP INITIATIVE AYM SEEKS TO MAINTAIN RELATIONSHIPS WITH ITS STUDENTS THROUGHOUT THE ENTIRE YEAR. DURING THE SUMMER MONTHS THE ORGANIZATION INVESTS IN CAMP EXPERIENCES IN NORTHEAST OHIO. THESE EXPERIENCES ALLOW FOR OUR STUDENTS TO HAVE LIFE-CHANGING EXPERIENCES AND SUPPORTS AYM S CORE VALUES.

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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 $236,784
Program Service Revenue $0
Investment Income $0
Other Revenue $-18,566
TOTAL REVENUE $218,218

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,346
Fundraising Expenses $15,364
Program Expenses $235,028
Other Expenses $74,019
TOTAL EXPENSES $283,365

Year-over-Year Comparison

2024 2023 Change
Revenue $218,218 $271,035 -0.2%
Expenses $283,365 $253,623 +0.1%
Net Income $-65,147 $17,412 -4.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
21
Volunteers
150

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
$42,972
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON KENT EXECUTIVE DIRECTOR 030.00
Officer
$42,972 $0 $42,972
THOMAS ROBERTS PRESIDENT 002.00
Director
$0 $0 $0
DARRELL FRAZIER VICE PRESIDENT 002.00
Director
$0 $0 $0
KRISTA STEEDLY TREASURE 002.00
Director
$0 $0 $0
KAREN HARDLICKA SECRETARY 002.00
Director
$0 $0 $0
PREMALA JONES BOARD MEMBER 001.00
Director
$0 $0 $0
DAN PITTMAN BOARD MEMBER 001.00
Director
$0 $0 $0
CRISTINA TORRENCE BOARD MEMBER 001.00
Director
$0 $0 $0
KARA ULMER BOARD MEMBER 001.00
Director
$0 $0 $0
WELLSLEY MCDOWELL BOARD MEMBER 001.00
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 $218,218 $283,365 $90,569 $-65,147
2023 $271,035 $253,623 $152,458 $17,412
2022 $199,981 $228,409 $174,593 $-28,428
2021 $178,475 $243,553 $165,462 $-65,078
2020 $264,362 $207,803 $221,834 $56,559
2019 $184,668 $205,381 $160,194 $-20,713
2018 $212,642 $177,684 $174,557 $34,958
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