Civic Intelligence

Akron Press Association

990 • Fiscal year 2020 • EIN 31-1517456

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 19, 2021

Organization ProfileWWW.AKRONPRESSCLUB.ORG
PO Box 423Cuyahoga Falls, OH 44222

(234) 380-8127

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

15th percentile

-36%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

49th percentile

3.2%

Faster asset growth than 49% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-64%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$275,534

Up $8,603 (+3.2%) from 2019

Net Assets

Up

$275,534

Up $8,603 (+3.2%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin15th percentile

Revenue

Down

$28,857

Down $50,313 (-64%) from 2019

Expenses

Down

$39,287

Down $32,645 (-45%) from 2019

Net Income

Down

-$10,430

Down $17,668 (-244%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2017: $233,671Net Assets 2017: $233,6712017Assets 2018: $222,863Liabilities 2018: $0Net Assets 2018: $222,8632018Assets 2019: $266,931Liabilities 2019: $0Net Assets 2019: $266,9312019Assets 2020: $275,534Liabilities 2020: $0Net Assets 2020: $275,5342020Assets 2021: $326,786Liabilities 2021: $0Net Assets 2021: $326,7862021Assets 2022: $278,735Liabilities 2022: $0Net Assets 2022: $278,7352022Assets 2023: $291,561Liabilities 2023: $0Net Assets 2023: $291,5612023Assets 2024: $303,635Liabilities 2024: $0Net Assets 2024: $303,6352024

Highlighted filing

2020

Assets$275,534
Liabilities$0
Net Assets$275,534
Open 2020 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2017: $65,135Expenses 2017: $62,646Net Income 2017: $2,4892017Revenue 2018: $95,047Expenses 2018: $67,186Net Income 2018: $27,8612018Revenue 2019: $79,170Expenses 2019: $71,932Net Income 2019: $7,2382019Revenue 2020: $28,857Expenses 2020: $39,287Net Income 2020: -$10,4302020Revenue 2021: $58,680Expenses 2021: $28,802Net Income 2021: $29,8782021Revenue 2022: $71,820Expenses 2022: $67,382Net Income 2022: $4,4382022Revenue 2023: $91,906Expenses 2023: $105,933Net Income 2023: -$14,0272023Revenue 2024: $90,668Expenses 2024: $109,353Net Income 2024: -$18,6852024

Highlighted filing

2020

Revenue$28,857
Expenses$39,287
Net Income-$10,430
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 19, 2021
Return Version
2020v4.0
Gross Receipts
$130,115
Mission and Program Overview

Mission

To promote the free exchange of ideas in fellowship, fraternity, and understanding; and thereby advance the profession of those who disseminate information.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$243,524$263,086▲ $19,562
Cash and Non-Interest-Bearing Accounts$23,407$12,448▼ $10,959
Total Assets$266,931$275,534▲ $8,603
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$266,931$275,534▲ $8,603
Total Net Assets Fund Balance$266,931$275,534▲ $8,603
Total Liabilities and Net Assets / Fund Balance$266,931$275,534▲ $8,603
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Carla DavisPresident
Ml SchultzeSecretary
Nick AntonioTreasurer
Scott PiephoVP - Program
Rosalie MurphyVP Marketing
Revenue and Support

Revenue Composition

Contributions and Grants
$10,070
Program Service Revenue
$15,966
Investment Income
$2,821
Other Revenue
$0
All Other Contributions
$10,070
Change in Net Assets
$-10,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$20,000
Other Expenses$19,287
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$20,000--$20,000
Fees for Services Other$3,690--$3,690
Fees for Service Investment Mgmnt Fees$2,292--$2,292
Information Technology$1,408--$1,408
Fees for Services Accounting$1,060--$1,060
Other Expenses$400--$400
Office Expenses$261--$261
Advertising$10--$10
Total Functional Expenses$39,287$0$0$39,287
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Akron Press Association
EIN
31-1517456
Address
PO BOX 423, CUYAHOGA FALLS, OH 44222
Doing Business As
Akron Press Club

Signing Officer

Name
Nick Antonio
Title
Treasurer
Signed
2021-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nick Antonio
Formed
1997
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Hryshko & Associates
Address
9150 S HILLS BLVD STE 250, BROADVIEW HEIGHTS, OH 44147-3511
Preparer
Dawn J Hryshko CPA
Phone
3302202722
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

“AKRON PRESS CLUB”

Form 990, Page 2, Part III, Line 4D

“To promote education by various means including but not limted to contributing moneis to other 501(c) organizations promoting education and presenting various lecture series.”

Form 990, Part XI, Line 9

“Unrealized gain on investments 19,033”

Raw XML Appendix313 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROMOTE EDUCATION BY VARIOUS MEANS INCLUDING BUT NOT LIMTED TO CONTRIBUTING MONEIS TO OTHER 501(C) ORGANIZATIONS PROMOTING EDUCATION AND PRESENTING VARIOUS LECTURE SERIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNREALIZED GAIN ON INVESTMENTS 19,033
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRYSHKO & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09150 S HILLS BLVD STE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROADVIEW HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0441473511
ReturnHeader/PreparerPersonGrp/PhoneNum03302202722
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAWN J HRYSHKO CPA
ReturnHeader/ReturnTs02021-04-27T08:44:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ANTONIO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$275,534
Liabilities
$0
Net assets
$275,534
Revenue
$28,857
Expenses
$39,287
Net income
-$10,430
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.00$3.04$0.91$1.09$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.92$1.06$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.72$0.67$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$0.59$0.29$0.30
2020Detailed filing. Detailed filing data is available for this year.$2.76$0.00$2.76$0.29$0.39$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$0.79$0.72$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.95$0.67$0.28
2017Detailed filing. Detailed filing data is available for this year.$2.34$2.34$0.65$0.63$0.02