Civic Intelligence

Akron General Foundation

990 • Fiscal year 2012 • EIN 34-1127047

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 12, 2013

Organization ProfileWWW.AKRONGENERAL.ORG
1 Akron General Avenue44307
Siviq Scores

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

Liabilities / Assets

14th percentile

0.02x

Higher debt load relative to assets than 14% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

76th percentile

11%

Faster asset growth than 76% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2010 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$17,496,550

Up $3,186,312 (+22%) from 2010

Net Assets

Up

$17,230,491

Up $3,345,621 (+24%) from 2010

Liabilities

Down

$266,059

Down $159,309 (-37%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,182,834

Down $2,832,911 (-71%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $14,310,238Liabilities 2010: $425,368Net Assets 2010: $13,884,8702010Assets 2012: $17,496,550Liabilities 2012: $266,059Net Assets 2012: $17,230,4912012Assets 2013: $18,739,058Liabilities 2013: $642,315Net Assets 2013: $18,096,7432013Assets 2014: $18,801,190Liabilities 2014: $139,828Net Assets 2014: $18,661,3622014Assets 2015: $18,971,014Liabilities 2015: $374,296Net Assets 2015: $18,596,7182015

Highlighted filing

2012

Assets$17,496,550
Liabilities$266,059
Net Assets$17,230,491
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,015,7452010Expenses 2012: $1,182,8342012Revenue 2013: $2,393,143Expenses 2013: $2,969,363Net Income 2013: -$576,2202013Revenue 2014: $4,714,316Expenses 2014: $4,344,235Net Income 2014: $370,0812014Revenue 2015: $3,063,371Expenses 2015: $1,927,078Net Income 2015: $1,136,2932015

Highlighted filing

2012

Revenue-
Expenses$1,182,834
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 12, 2013
Return Version
2012v2.1
Gross Receipts
$13,708,759
Mission and Program Overview

Mission

Our mission is to improve the health and lives of the people and communities we serve.

Major Activities

Activity 2
Researchthe foundation supports the research at the mcdowell cancer center, the chapman critical care center, the calhoun clinical research center and the wound center. Research continues to be focused on breast cancer, wound treatment methods, clinical diagnosis and new methods of treatment. Trials allowed our patients the ability to access dynamic programs, services and new treatment options through new equipment design, treatment protocols and new technology.
Activity 3
Educationthe foundation supports medical education of students at local universities in northeast ohio, including northeast ohio medical university. Current medical staff of akron general health system enjoy the benefits of visiting professors and continuing education programs underwritten by the foundation. In 2012, the foundation continued to provide the support for the 18th annual j. Robert wilson lecture in pulmonary care as well as the hematology and oncology summit.
Filing and Contact Details

Filer

EIN
34-1127047
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IRS990/Activity2/Description0RESEARCHTHE FOUNDATION SUPPORTS THE RESEARCH AT THE MCDOWELL CANCER CENTER, THE CHAPMAN CRITICAL CARE CENTER, THE CALHOUN CLINICAL RESEARCH CENTER AND THE WOUND CENTER. RESEARCH CONTINUES TO BE FOCUSED ON BREAST CANCER, WOUND TREATMENT METHODS, CLINICAL DIAGNOSIS AND NEW METHODS OF TREATMENT. TRIALS ALLOWED OUR PATIENTS THE ABILITY TO ACCESS DYNAMIC PROGRAMS, SERVICES AND NEW TREATMENT OPTIONS THROUGH NEW EQUIPMENT DESIGN, TREATMENT PROTOCOLS AND NEW TECHNOLOGY.
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IRS990/Activity3/Description0EDUCATIONTHE FOUNDATION SUPPORTS MEDICAL EDUCATION OF STUDENTS AT LOCAL UNIVERSITIES IN NORTHEAST OHIO, INCLUDING NORTHEAST OHIO MEDICAL UNIVERSITY. CURRENT MEDICAL STAFF OF AKRON GENERAL HEALTH SYSTEM ENJOY THE BENEFITS OF VISITING PROFESSORS AND CONTINUING EDUCATION PROGRAMS UNDERWRITTEN BY THE FOUNDATION. IN 2012, THE FOUNDATION CONTINUED TO PROVIDE THE SUPPORT FOR THE 18TH ANNUAL J. ROBERT WILSON LECTURE IN PULMONARY CARE AS WELL AS THE HEMATOLOGY AND ONCOLOGY SUMMIT.
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IRS990/Description0CLINICAL AND OTHER PROGRAMSIN 2012, THE AKRON GENERAL FOUNDATION CONTINUED TO PROVIDE SUPPORT TO SERVICE LINES OF THE AKRON GENERAL MEDICAL CENTER INCLUDING THE MCDOWELL CANCER CENTER, THE HEART AND VASCULAR CENTER AND THE WOUND CENTER. FOUNDATION ALSO PROVIDED ONGOING SUPPORT TO THE JUSTIN ROGERS HOSPICE CARE CENTER OF AKRON GENERAL INCLUDING RENOVATIONS TO THE GUEST AND FAMILY ROOMS AT THE CARE CENTER. FOUNDATION SUPPORT ALSO PROVIDED A STATE OF THE ART EKG MACHINE TO AKRON GENERAL'S NEW NEUROSCIENCE INSTITUTE AS WELL AS PROVIDING NEW EQUIPMENT TO AKRON GENERAL'S EDWIN SHAW REHABILITATION INSTITUTE'S CHALLENGE GOLF PROGRAM. THE CHALLENGE GOLF PROGRAM RECEIVES PRIVATE GRANTS THROUGH THE FOUNDATION TO FURTHER ITS MISSION TO ASSIST THOSE WITH DISABILITIES IN RECEIVING RECREATIONAL THERAPY. THE FOUNDATION ALSO CONTINUED TO SUPPORT COMMUNITY HEALTH INITIATIVES WHICH INCLUDED THE MUFFINS FOR MAMMOGRAMS PROGRAM TO PROVIDE FREE MAMMOGRAMS AND OTHER RELATED SERVICES FOR UNINSURED WOMEN IN THE COMMUNITY. THE HOSPICE CAMP PROMISE FOR CHILDREN WHO HAVE EXPERIENCED A SIGNIFICANT LOSS, SUCH AS THAT OF A PARENT, GRANDPARENT OR SIBLING WAS ALSO SUPPORTED BY THE FOUNDATION.AKRON GENERAL FOUNDATION PROVIDED ONGOING SUPPORT OF VARIOUS PROGRAMS AND SERVICES AT LODI COMMUNITY HOSPITAL A RELATED TAX EXEMPT CRITICAL ACCESS HOSPITAL. AKRON GENERAL FOUNDATION ALSO FUNCTIONS AS THAT HOSPITAL'S FOUNDATION.
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IRS990/Form990PartVIISectionA/Title17DIRECTOR
IRS990/Form990PartVIISectionA/Title18DIRECTOR
IRS990/Form990PartVIISectionA/Title19SEE SCHEDULE O
IRS990/Form990PartVIISectionA/Title20SEE SCHEDULE O
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Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$17,496,550
Liabilities
$266,059
Net assets
$17,230,491
Revenue
-
Expenses
$1,182,834
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$19.0$0.37$18.6$3.06$1.93$1.14
2014Detailed filing. Detailed filing data is available for this year.$18.8$0.14$18.7$4.71$4.34$0.37
2013Detailed filing. Detailed filing data is available for this year.$18.7$0.64$18.1$2.39$2.97$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$0.27$17.2$1.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$0.43$13.9$4.02