Civic Intelligence

Keep Akron Beautiful

990 • Fiscal year 2021 • EIN 34-1341298

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 31, 2022

850 East Market StreetAkron, OH 44305-2424

(330) 375-2116

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

41st percentile

0.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

44th percentile

9.3%

Higher net margin than 44% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

79th percentile

$126,617

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

30th percentile

1.3%

Faster asset growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

68th percentile

32%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$810,092

Up $10,111 (+1.3%) from 2020

Net Assets

Up

$763,078

Up $66,001 (+9.5%) from 2020

Liabilities

Down

$47,014

Down $55,890 (-54%) from 2020

Revenue

Up

$896,016

Up $217,978 (+32%) from 2020

Expenses

Up

$812,509

Up $158,800 (+24%) from 2020

Net Income

Up

$83,507

Up $59,178 (+243%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2017: $636,369Liabilities 2017: $40,407Net Assets 2017: $595,9622017Assets 2018: $637,867Liabilities 2018: $20,700Net Assets 2018: $617,1672018Assets 2019: $698,886Liabilities 2019: $36,654Net Assets 2019: $662,2322019Assets 2020: $799,981Liabilities 2020: $102,904Net Assets 2020: $697,0772020Assets 2021: $810,092Liabilities 2021: $47,014Net Assets 2021: $763,0782021Assets 2022: $600,273Liabilities 2022: $40,332Net Assets 2022: $559,9412022Assets 2023: $837,760Liabilities 2023: $54,868Net Assets 2023: $782,8922023Assets 2024: $846,501Liabilities 2024: $47,584Net Assets 2024: $798,9172024

Highlighted filing

2021

Assets$810,092
Liabilities$47,014
Net Assets$763,078

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $592,772Expenses 2017: $527,401Net Income 2017: $65,3712017Revenue 2018: $681,744Expenses 2018: $648,779Net Income 2018: $32,9652018Revenue 2019: $750,578Expenses 2019: $728,842Net Income 2019: $21,7362019Revenue 2020: $678,038Expenses 2020: $653,709Net Income 2020: $24,3292020Revenue 2021: $896,016Expenses 2021: $812,509Net Income 2021: $83,5072021Revenue 2022: $650,500Expenses 2022: $812,901Net Income 2022: -$162,4012022Revenue 2023: $986,486Expenses 2023: $803,918Net Income 2023: $182,5682023Revenue 2024: $840,415Expenses 2024: $852,680Net Income 2024: -$12,2652024

Highlighted filing

2021

Revenue$896,016
Expenses$812,509
Net Income$83,507
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2022
Return Version
2021v4.0
Gross Receipts
$1,241,100
Mission and Program Overview

Mission

Keep akron beautiful improves the quality of life for city of akron, oh residents through the beautification of the city and through responsible environmental management.

Keep akron beautiful celebrated our 40th anniversary, this year, bringing out the best of what akron has to offer through litter cleanup & reduction, beautification & community improvement for a lasting, positive impact on our region. As akron's most influential advocate, keep akron beautiful acts as an environmental catalyst, awakening passion and inspiring action, empowering our community to improve the health and beauty of our local environment. We are passion in action. We want you to feel that same passion by becoming part of our dynamic solution, like our many volunteers who are inspired to help clean up litter in akron, every spring

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$318,169$341,854▲ $23,685
Savings and Temporary Cash Investments$182,090$257,546▲ $75,456
Cash and Non-Interest-Bearing Accounts$185,401$109,826▼ $75,575
Land, Buildings, and Equipment, Net$37,733$21,925▼ $15,808
Accounts Receivable$50,523$14,090▼ $36,433
Prepaid Expenses and Deferred Charges$22,065$9,716▼ $12,349
Pledges and Grants Receivable$4,000$4,000→ $0
Total Assets$799,981$810,092▲ $10,111
Other Assets Total-$51,135-
Liabilities
Unsecured Notes Loans Payable$72,500--
Accounts Payable and Accrued Expenses$30,404$47,014▲ $16,610
Total Liabilities$102,904$47,014▼ $55,890
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$561,291$669,895▲ $108,604
Net Assets With Donor Restrictions$135,786$93,183▼ $42,603
Total Net Assets Fund Balance$697,077$763,078▲ $66,001
Total Liabilities and Net Assets / Fund Balance$799,981$810,092▲ $10,111

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,526$38,753$49,279
Equipment$11,399$11,838$23,237
Other Assets Org$51,135--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacqui Flaherty-ricchiutiPresident &FT$116,061$10,556$126,617

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$491,895
Program Service Revenue
$335,991
Investment Income
$42,355
Other Revenue
$25,775
All Other Contributions
$188,512
Change in Net Assets
$83,507

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$34,800Comparative Cost
Other Non Cash Contri Table8$20,500Comparative Cost
Other Non Cash Contri Table25$7,700Retail Value
Other Non Cash Contri Table2$4,000Retail Value
Total Noncash Contributions36$67,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$416,704
Other Expenses$395,805
Total Fundraising Expense$82,974
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$165,053$51,085$24,738$240,876
Current Officers, Directors, Trustees, and Key Employees$86,758$26,855$13,004$126,617
All Other Expenses$91,468$8,255$9,863$109,586
Fees for Services Other$72,352$9,531-$81,883
Office Expenses$27,184$8,414$4,074$39,672
Payroll Taxes$24,066$7,450$3,606$35,122
Depreciation Depletion$13,022$4,030$1,952$19,004
Other Expenses$18,301-$23,293$18,301
Information Technology$1,652$13,051$248$14,951
Other Employee Benefits$7,873$2,437$1,180$11,490
Insurance$4,999$1,547$749$7,295
Fees for Services Accounting-$6,550-$6,550
Travel-$4,962-$4,962
Conferences and Meetings$459$2,374-$2,833
Pension Plan Contributions$1,781$551$267$2,599
Total Functional Expenses$582,443$147,092$82,974$812,509
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,374
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rough to Green$44,624$19,374-$19,374
Total Events$44,624$19,374-$19,374
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

Form 990 is reviewed by the finance committee of the board of directors. It is then filed after that review.

Form 990, Page 6, Part VI, Line 12C

Board members are asked to sign a conflict of interest policy annually. The policy and all disclosures are monitored by the board as a whole.

Form 990, Page 6, Part VI, Line 15A

The board of directors approve the compensation of the president and ceo based on current market studies and available resources.

Form 990, Page 6, Part VI, Line 19

Documents are available on request.

Filing and Contact Details

Filer

Filer Name
Keep Akron Beautiful
EIN
34-1341298
Phone
3303752116
Address
850 EAST MARKET STREET, AKRON, OH 44305-2424

Signing Officer

Name
Jacqui Flaherty-ricchiuti
Title
President & CEO
Phone
3303752116
Signed
2022-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacqui Flaherty-ricchiuti
Formed
1981
Legal Domicile
Oh
Voting Board Members
21
Independent Board Members
21
Employees
9
Volunteers
12,758

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

1)26,027 service hours from 6,417 volunteers - a dedication to beautification 2)41.10 of value for every 1 donated based on volunteer hours - sweet, sweet sweat equity.

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

Litter control, graffiti eradication and illegal dumping removal as of december 1, 2021, 2,959 bags of litter were removed from city streets, expressways, parks, and roadsides, 54 illegal dumps were remediated, and 19 graffiti sites were abated. Keep akron beautiful takes pride in knowing the impact we have on our community, especially throughout the covid-19 pandemic. Maybe you noticed akron is dirtier than ever, this year. Did you know keep akron beautiful is the only entity in akron focused on picking up litter? We are short staffed just like everyone else- and could use help with volunteer litter cleanups. Every year, keep akron beautiful loans out our community pride trailer & litter and illegal dump cleanup trailer to community groups and neighborhoods alike. Through various donations to the program, we are able to help neighbors remove litter, plant flowers, and install playgrounds. During clean up akron this spring, 700 volunteers removed 500 bags of litter from public land- just over 3.15 tons, which is equivalent to the weight of a white rhinoceros recycling program for twelve weeks, this summer, keep akron beautiful worked alongside the city of akron sanitation & recycling division as part of the grant-funded recycling campaign: recycle right. In 2019, our contamination rate was at an all-time high of 39%, reduced now to 20%, in 2021, we are helping to keep food, liquid, and plastic bags out of akron's curbside carts. Helping children to adopt "green" habits at a younger age is an investment they will pass onto their parents, families, and friends. Our recycling inspectors helped reduce contamination this summer by checking akron's recycling bins. Urban beautification in 2021, the flowerscape crew planted 10,000 plants at 19 sites in parks, boulevards and on traffic islands which are in season five months of the year additionally, keep akron beautiful volunteers adopted 54 volunteer adopt-a-sites throughout the city.

Form 990, Part IX, Line 11G

Contract labor 72,352 932 0 outside contract services 0 8,599 0 total 72,352 9,531 0

Form 990, Part IX, Line 24E

Fertilizer and supplies 14,941 0 0 clean up akron month 14,500 0 0 vehicle fuel and maint 12,211 2,186 0 private property cleanup 10,301 0 0 telephone 6,658 2,061 998 cleanup supplies 9,073 0 0 other special event costs 0 0 7,700 dreamscape 6,000 0 0 sprinkling 5,268 0 0 printing 3,033 939 455 miscellaneous 2,162 1,137 323 equipment rental 1,849 572 277 disposal fees 2,508 0 0 graffiti project 2,230 0 0 repairs and maintenance 0 1,133 0 dues and memberships 734 227 110 total 91,468 8,255 9,863

Financial Statement Notes

Schedule D, Page 3, Part X

The preparation of financial statements in conformity with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. The organization has determined whether any tax positions have met the recognition threshold and has measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. If incurred, the organization records tax related penalties and interest as management and general costs in the accompanying statements of activities and changes in net assets and functional expenses. However, the organization incurred no tax related penalties or interest in 2021 or 2020.

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IRS990/ActivityOrMissionDesc0KEEP AKRON BEAUTIFUL CELEBRATED OUR 40TH ANNIVERSARY, THIS YEAR, BRINGING OUT THE BEST OF WHAT AKRON HAS TO OFFER THROUGH LITTER CLEANUP & REDUCTION, BEAUTIFICATION & COMMUNITY IMPROVEMENT FOR A LASTING, POSITIVE IMPACT ON OUR REGION. AS AKRON'S MOST INFLUENTIAL ADVOCATE, KEEP AKRON BEAUTIFUL ACTS AS AN ENVIRONMENTAL CATALYST, AWAKENING PASSION AND INSPIRING ACTION, EMPOWERING OUR COMMUNITY TO IMPROVE THE HEALTH AND BEAUTY OF OUR LOCAL ENVIRONMENT. WE ARE PASSION IN ACTION. WE WANT YOU TO FEEL THAT SAME PASSION BY BECOMING PART OF OUR DYNAMIC SOLUTION, LIKE OUR MANY VOLUNTEERS WHO ARE INSPIRED TO HELP CLEAN UP LITTER IN AKRON, EVERY SPRING
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