Civic Intelligence

Keep Akron Beautiful

990 • Fiscal year 2023 • EIN 34-1341298

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 18, 2024

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

50th percentile

0.07x

Higher debt load relative to assets than 50% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

43rd percentile

0.06x

Higher debt load relative to revenue than 43% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$150,402

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

86th percentile

40%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

52%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$837,760

Up $237,487 (+40%) from 2022

Net Assets

Up

$782,892

Up $222,951 (+40%) from 2022

Liabilities

Up

$54,868

Up $14,536 (+36%) from 2022

Revenue

Up

$986,486

Up $335,986 (+52%) from 2022

Expenses

Down

$803,918

Down $8,983 (-1.1%) from 2022

Net Income

Up

$182,568

Up $344,969 (+212%) from 2022

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

2023

Assets$837,760
Liabilities$54,868
Net Assets$782,892

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

2023

Revenue$986,486
Expenses$803,918
Net Income$182,568
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 18, 2024
Return Version
2023v5.0
Gross Receipts
$1,097,258
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.

Kab is the only organization in akron that is dedicated to picking up litter, removing graffiti and planting flowers on public land. We are a small nonprofit organization who is on a small budget to keep our city neat, clean, and beautiful. There is no other organization in akron doing our job, so your financial support is critical. If kab is not supported in 2024, the graffiti will not get removed, the flowers will not get planted, and litter will take over our city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$280,344$420,823▲ $140,479
Savings and Temporary Cash Investments$158,311$246,508▲ $88,197
Cash and Non-Interest-Bearing Accounts$48,696$79,842▲ $31,146
Pledges and Grants Receivable$3,250$9,000▲ $5,750
Land, Buildings, and Equipment, Net$9,685$8,443▼ $1,242
Accounts Receivable$47,974$7,133▼ $40,841
Prepaid Expenses and Deferred Charges$8,272$6,990▼ $1,282
Total Assets$600,273$837,760▲ $237,487
Other Assets Total$43,741$59,021▲ $15,280
Liabilities
Accounts Payable and Accrued Expenses$40,332$45,593▲ $5,261
Deferred Revenue-$9,275-
Total Liabilities$40,332$54,868▲ $14,536
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$492,941$656,621▲ $163,680
Net Assets With Donor Restrictions$67,000$126,271▲ $59,271
Total Net Assets Fund Balance$559,941$782,892▲ $222,951
Total Liabilities and Net Assets / Fund Balance$600,273$837,760▲ $237,487

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$49,279$49,279
Equipment$8,443$18,543$26,986
Other Assets Org$59,021--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacqui Flaherty-ricchiutiPresident &FT$132,641$17,761$150,402
Jacqui Flaherty-ricchiutiPresident & CEO-$132,641$17,761$150,402

Board Members and Trustees

NameTitle
Carol HainesChair
Geary JamesVice Chair
Aaron StullDirector
Ashley AngelettiDirector
Brandyn CostaDirector
Craig RohnerDirector
Dave LaughlinDirector
Dawn GainerDirector
Eufrancia LashDirector
Johnnie HannahDirector
Kimberly Haws-falascoDirector
Lauren ZidonesDirector
Mac LoveDirector
Melissa AdamsDirector
Pat KunklierDirector
Richard PowellDirector
Toby RussDirector
Randy KatzSecretary
Lisa DenholmTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$629,471
Program Service Revenue
$373,783
Investment Income
$3,455
Other Revenue
$-20,223
All Other Contributions
$323,218
Change in Net Assets
$182,568

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 Table1,000$40,000Retail Value
Other Non Cash Contri Table40$39,500Retail Value
Other Non Cash Contri Table7$20,000Retail Value
Other Non Cash Contri Table8$7,950Retail Value
Total Noncash Contributions1,055$107,450-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$433,217
Other Expenses$370,701
Total Fundraising Expense$55,290
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$155,520$48,616$25,618$229,754
Current Officers, Directors, Trustees, and Key Employees$101,780$31,837$16,785$150,402
All Other Expenses$74,479$14,240$2,630$91,349
Fees for Services Other$67,301$20,695-$87,996
Payroll Taxes$22,993$7,189$3,789$33,971
Office Expenses$16,501$5,160$2,719$24,380
Other Expenses$20,000--$20,000
Fees for Services Accounting-$18,355-$18,355
Information Technology$2,364$15,419$390$18,173
Other Employee Benefits$8,563$2,677$1,410$12,650
Insurance$5,101$1,595$841$7,537
Travel-$7,066-$7,066
Pension Plan Contributions$4,359$1,363$718$6,440
Depreciation Depletion$2,365$739$390$3,494
Conferences and Meetings$110$445-$555
Total Functional Expenses$573,232$175,396$55,290$803,918
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$83,293
Fundraising Gross Income$63,069
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Green the Scene$102,559$45,359$62,137$-16,778
Rough to Green$36,330$17,710$21,156$-3,446
Total Events$138,889$63,069$83,293$-20,224
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
2024-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacqui Flaherty-ricchiuti
Formed
1981
Legal Domicile
Oh
Voting Board Members
19
Independent Board Members
19
Employees
8
Volunteers
18,035

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)over 25,200 service hours from 18,035 volunteers - a dedication to beautification

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

Your support of keep akron beautiful has helped us continue to serve the akron community with our mission of improving akron's quality of life through beautification and responsible environmental management. Keep akron beautiful brings out the best in what akron has to offer for a lasting, positive impact on our region. It has been keep akron beautiful's pleasure to serve you this year through: removing akron's litter - kab has been working very hard to remove litter on the streets of akron. 18,035 volunteers spent time removing 60.6 tons of trash and 85 tires during clean up akron month-april. Over 39 tons of litter were removed from city streets, expressways, parks, and roadsides. 21 illegal dumps were remediated, and 35 graffiti sites were abated. People become more disobedient in environments plagued by litter and graffiti; research has shown. This past year, we worked closely with the akron police department to overlay our litter map and their crime maps. It is not surprising that the two match up perfectly- where there is litter in our city, there is crime. However, we have been focusing our efforts on removing litter in the worst areas of our city. When the litter is removed, crime rates go down. To the right, you will see students from st. Vincent- st. Mary high school who are dedicated to removing litter and dumping at the glendale steps. Beautiful blooms - kab planted a total of 20 professionally maintained flowerscapes, 70 great streets planters, and 64 volunteer adopt-a-sites this year. We installed a new bed at thornton and dart and the akron police station building. We are working on renovation plans for alexander park. Our new adopt-a-site (pictured to the left) is a showstopper at mull avenue circle. Thanks to our partners akron's finest mulch, dominion energy ohio, house of larose, alpha phi alpha homes, the city of akron & st. Sebastian parish & school. Recycle right campaign - kab worked with the city to address contamination at the curb through the recycle right campaign, again this summer for ten weeks. After many years, glass recycling is back in akron with five locations available across the city, glass is infinitely recyclable if we can capture it without contaminating the supply with other recyclables and waste. Check out the large purple bins, pictured to the right, and visit the bins to recycle your glass. Beautification watch awards - kab thanked property and business owners by sending 3,995 beautification watch awards to "standout" properties all throughout our city. This is a huge thank you for neighbors and businesses who do their part to keep akron clean and beautiful. Beautification projects - 21 projects were completed utilizing the community pride trailer, and litter & illegal dump cleanup trailer, in all ten wards of the city of akron. Daily litter cleanup - over 39 tons of litter were removed from city streets, expressways, parks, and roadsides. 21 illegal dumps were remediated, and 35 graffiti sites were abated. 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 can use help with volunteer litter cleanups. If you are interested in volunteering, please check out our website at www.keepakronbeautiful.org or get in touch with community outreach manager, emma segedy, at [email protected]. Your philanthropic support of keep akron beautiful is a one-of-a-kind investment that enhances the quality of life in our great city. Imagine if the agency, who mobilizes community service workers and thousands of volunteers, didn't exist. Imagine if the 39 tons of trash removed by our crew still lingered on our streets. Consistent cleanup efforts are important because litter damages our neighborhoods, our environment, and our health. Neighborhoods where vacant lots were cleaned up experience reductions in gun violence, burglaries and drops in nuisances like illegal dumping.

Form 990, Part IX, Line 11G

Contract labor 67,301 0 0 outside contract services 0 20,695 0 total 67,301 20,695 0

Form 990, Part IX, Line 24E

Private property cleanup 16,834 0 0 vehicle fuel and maint 13,023 2,599 0 other materials/supplies 4,000 5,950 0 sprinkling 8,847 0 0 telephone 5,663 1,771 933 cleanup tools & supplies 7,360 0 0 miscellaneous 3,853 2,321 635 landscaping and design 6,000 0 0 printing 3,446 1,077 568 trashbags and receptacles 1,793 0 0 dues and memberships 1,032 323 170 graffiti project 1,042 0 0 disposal fees 951 0 0 equipment rental 635 199 105 bank charges 0 0 219 total 74,479 14,240 2,630

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.

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IRS990/ActivityOrMissionDesc0KAB IS THE ONLY ORGANIZATION IN AKRON THAT IS DEDICATED TO PICKING UP LITTER, REMOVING GRAFFITI AND PLANTING FLOWERS ON PUBLIC LAND. WE ARE A SMALL NONPROFIT ORGANIZATION WHO IS ON A SMALL BUDGET TO KEEP OUR CITY NEAT, CLEAN, AND BEAUTIFUL. THERE IS NO OTHER ORGANIZATION IN AKRON DOING OUR JOB, SO YOUR FINANCIAL SUPPORT IS CRITICAL. IF KAB IS NOT SUPPORTED IN 2024, THE GRAFFITI WILL NOT GET REMOVED, THE FLOWERS WILL NOT GET PLANTED, AND LITTER WILL TAKE OVER OUR CITY.
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IRS990/Desc0YOUR SUPPORT OF KEEP AKRON BEAUTIFUL HAS HELPED US CONTINUE TO SERVE THE AKRON COMMUNITY WITH OUR MISSION OF IMPROVING AKRON'S QUALITY OF LIFE THROUGH BEAUTIFICATION AND RESPONSIBLE ENVIRONMENTAL MANAGEMENT. KEEP AKRON BEAUTIFUL BRINGS OUT THE BEST IN WHAT AKRON HAS TO OFFER FOR A LASTING, POSITIVE IMPACT ON OUR REGION. IT HAS BEEN KEEP AKRON BEAUTIFUL'S PLEASURE TO SERVE YOU THIS YEAR THROUGH: REMOVING AKRON'S LITTER - KAB HAS BEEN WORKING VERY HARD TO REMOVE LITTER ON THE STREETS OF AKRON. 18,035 VOLUNTEERS SPENT TIME REMOVING 60.6 TONS OF TRASH AND 85 TIRES DURING CLEAN UP AKRON MONTH-APRIL. OVER 39 TONS OF LITTER WERE REMOVED FROM CITY STREETS, EXPRESSWAYS, PARKS, AND ROADSIDES. 21 ILLEGAL DUMPS WERE REMEDIATED, AND 35 GRAFFITI SITES WERE ABATED. PEOPLE BECOME MORE DISOBEDIENT IN ENVIRONMENTS PLAGUED BY LITTER AND GRAFFITI; RESEARCH HAS SHOWN. THIS PAST YEAR, WE WORKED CLOSELY WITH THE AKRON POLICE DEPARTMENT TO OVERLAY OUR LITTER MAP AND THEIR CRIME MAPS. IT IS NOT SURPRISING THAT THE TWO MATCH UP PERFECTLY- WHERE THERE IS LITTER IN OUR CITY, THERE IS CRIME. HOWEVER, WE HAVE BEEN FOCUSING OUR EFFORTS ON REMOVING LITTER IN THE WORST AREAS OF OUR CITY. WHEN THE LITTER IS REMOVED, CRIME RATES GO DOWN. TO THE RIGHT, YOU WILL SEE STUDENTS FROM ST. VINCENT- ST. MARY HIGH SCHOOL WHO ARE DEDICATED TO REMOVING LITTER AND DUMPING AT THE GLENDALE STEPS. BEAUTIFUL BLOOMS - KAB PLANTED A TOTAL OF 20 PROFESSIONALLY MAINTAINED FLOWERSCAPES, 70 GREAT STREETS PLANTERS, AND 64 VOLUNTEER ADOPT-A-SITES THIS YEAR. WE INSTALLED A NEW BED AT THORNTON AND DART AND THE AKRON POLICE STATION BUILDING. WE ARE WORKING ON RENOVATION PLANS FOR ALEXANDER PARK. OUR NEW ADOPT-A-SITE (PICTURED TO THE LEFT) IS A SHOWSTOPPER AT MULL AVENUE CIRCLE. THANKS TO OUR PARTNERS AKRON'S FINEST MULCH, DOMINION ENERGY OHIO, HOUSE OF LAROSE, ALPHA PHI ALPHA HOMES, THE CITY OF AKRON & ST. SEBASTIAN PARISH & SCHOOL. RECYCLE RIGHT CAMPAIGN - KAB WORKED WITH THE CITY TO ADDRESS CONTAMINATION AT THE CURB THROUGH THE RECYCLE RIGHT CAMPAIGN, AGAIN THIS SUMMER FOR TEN WEEKS. AFTER MANY YEARS, GLASS RECYCLING IS BACK IN AKRON WITH FIVE LOCATIONS AVAILABLE ACROSS THE CITY, GLASS IS INFINITELY RECYCLABLE IF WE CAN CAPTURE IT WITHOUT CONTAMINATING THE SUPPLY WITH OTHER RECYCLABLES AND WASTE. CHECK OUT THE LARGE PURPLE BINS, PICTURED TO THE RIGHT, AND VISIT THE BINS TO RECYCLE YOUR GLASS. BEAUTIFICATION WATCH AWARDS - KAB THANKED PROPERTY AND BUSINESS OWNERS BY SENDING 3,995 BEAUTIFICATION WATCH AWARDS TO "STANDOUT" PROPERTIES ALL THROUGHOUT OUR CITY. THIS IS A HUGE THANK YOU FOR NEIGHBORS AND BUSINESSES WHO DO THEIR PART TO KEEP AKRON CLEAN AND BEAUTIFUL. BEAUTIFICATION PROJECTS - 21 PROJECTS WERE COMPLETED UTILIZING THE COMMUNITY PRIDE TRAILER, AND LITTER & ILLEGAL DUMP CLEANUP TRAILER, IN ALL TEN WARDS OF THE CITY OF AKRON. DAILY LITTER CLEANUP - OVER 39 TONS OF LITTER WERE REMOVED FROM CITY STREETS, EXPRESSWAYS, PARKS, AND ROADSIDES. 21 ILLEGAL DUMPS WERE REMEDIATED, AND 35 GRAFFITI SITES WERE ABATED. 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 CAN USE HELP WITH VOLUNTEER LITTER CLEANUPS. IF YOU ARE INTERESTED IN VOLUNTEERING, PLEASE CHECK OUT OUR WEBSITE AT WWW.KEEPAKRONBEAUTIFUL.ORG OR GET IN TOUCH WITH COMMUNITY OUTREACH MANAGER, EMMA SEGEDY, AT [email protected]. YOUR PHILANTHROPIC SUPPORT OF KEEP AKRON BEAUTIFUL IS A ONE-OF-A-KIND INVESTMENT THAT ENHANCES THE QUALITY OF LIFE IN OUR GREAT CITY. IMAGINE IF THE AGENCY, WHO MOBILIZES COMMUNITY SERVICE WORKERS AND THOUSANDS OF VOLUNTEERS, DIDN'T EXIST. IMAGINE IF THE 39 TONS OF TRASH REMOVED BY OUR CREW STILL LINGERED ON OUR STREETS. CONSISTENT CLEANUP EFFORTS ARE IMPORTANT BECAUSE LITTER DAMAGES OUR NEIGHBORHOODS, OUR ENVIRONMENT, AND OUR HEALTH. NEIGHBORHOODS WHERE VACANT LOTS WERE CLEANED UP EXPERIENCE REDUCTIONS IN GUN VIOLENCE, BURGLARIES AND DROPS IN NUISANCES LIKE ILLEGAL DUMPING.
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