Civic Intelligence

Stark State College Foundation

EIN 34-1577595 • 501(c)3 • North Canton, OH

Profile

The mission of the Foundation is to open doors to relationships and resources that supportthe success of our students, partners and communities.

6200 Frank Ave NWNorth Canton, OH 44720

www.starkstate.edu/about/foundation

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.12x

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

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

1.38x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

18th percentile

-9.7%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$13,474,863

Up $1,075,229 (+8.7%) from 2023

Liabilities

Down

$1,024,462

Down $184,637 (-15%) from 2023

Net Assets

Up

$12,450,401

Up $1,259,866 (+11%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin18th percentile

Revenue

Up

$3,888,838

Up $842,753 (+28%) from 2023

Expenses

Up

$2,628,972

Up $682,155 (+35%) from 2023

Net Income

Up

$1,259,866

Up $160,598 (+15%) from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2021: $10,998,691Liabilities 2021: $455,831Net Assets 2021: $10,542,8602021Assets 2022: $10,665,373Liabilities 2022: $1,286,901Net Assets 2022: $9,378,4722022Assets 2023: $12,399,634Liabilities 2023: $1,209,099Net Assets 2023: $11,190,5352023Assets 2024: $13,474,863Liabilities 2024: $1,024,462Net Assets 2024: $12,450,4012024

Highlighted filing

2024

Assets$13,474,863
Liabilities$1,024,462
Net Assets$12,450,401
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $1,075,334Expenses 2021: $941,536Net Income 2021: $133,7982021Revenue 2022: $935,831Expenses 2022: $1,027,062Net Income 2022: -$91,2312022Revenue 2023: $3,046,085Expenses 2023: $1,946,817Net Income 2023: $1,099,2682023Revenue 2024: $3,888,838Expenses 2024: $2,628,972Net Income 2024: $1,259,8662024

Highlighted filing

2024

Revenue$3,888,838
Expenses$2,628,972
Net Income$1,259,866
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,474,863
Liabilities
$1,024,462
Net assets
$12,450,401
Revenue
$3,888,838
Expenses
$2,628,972
Net income
$1,259,866
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.5$1.02$12.5$3.89$2.63$1.26
2023Detailed filing. Detailed filing data is available for this year.$12.4$1.21$11.2$3.05$1.95$1.10
2022Detailed filing. Detailed filing data is available for this year.$10.7$1.29$9.38$0.94$1.03$0.09
2021Detailed filing. Detailed filing data is available for this year.$11.0$0.46$10.5$1.08$0.94$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 23, 2025
Return Version
2023v6.0
Gross Receipts
$3,888,838
Mission and Program Overview

Mission

The mission of the Foundation is to open doors to relationships and resources that supportthe success of our students, partners and communities.

Create relationships with students, partners and communities to fund the resources that support the success of the students, partners and communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,519,319$11,163,062▲ $1,643,743
Savings and Temporary Cash Investments$2,443,071$1,941,902▼ $501,169
Cash and Non-Interest-Bearing Accounts$310,536$237,961▼ $72,575
Pledges and Grants Receivable$126,708$131,938▲ $5,230
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$12,399,634$13,474,863▲ $1,075,229
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,209,099$1,024,462▼ $184,637
Total Liabilities$1,209,099$1,024,462▼ $184,637
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,870,266$11,665,330▲ $795,064
Net Assets Without Donor Restrictions$320,269$785,071▲ $464,802
Total Net Assets Fund Balance$11,190,535$12,450,401▲ $1,259,866
Total Liabilities and Net Assets / Fund Balance$12,399,634$13,474,863▲ $1,075,229

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$9,910,901$335,172▲ $1,401,363$57,842$10,859,079
2022$6,152,021$2,792,501▲ $966,379$0$9,910,901
2021$6,241,773$232,894▼ $322,646$0$6,152,021
2020$5,982,419$239,354→ $0$0$6,221,773
2019$5,709,029$273,390→ $0$0$5,982,419
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Para Jones Ph DPresident, Stark State College
Katherine GessnerSSC Foundation Board of Trustees President
Dan KesslerSSC Foundation Board of Trustees Vice President
Patrick Roberts PhdVice President, Advancement
Alex ShannonSSC Board of Trustees
The Honorable Curt WerrenSSC Board of Trustees
Ahmed Sabe MDSSC Foundation Board of Trustees
Betsy EngelsSSC Foundation Board of Trustees
Bruce AlexanderSSC Foundation Board of Trustees
Janet Kendall WhiteSSC Foundation Board of Trustees
John McGrath Ed DSSC Foundation Board of Trustees
Kalee BoydSSC Foundation Board of Trustees
Ken DeckerSSC Foundation Board of Trustees
Michael Thomas DDSSSC Foundation Board of Trustees
Monica GwinSSC Foundation Board of Trustees
Montrella S JacksonSSC Foundation Board of Trustees
Nicole RussSSC Foundation Board of Trustees
Patty WackerlySSC Foundation Board of Trustees
Ronald WilkoffSSC Foundation Board of Trustees
Sally Efremoff EsqSSC Foundation Board of Trustees
Stephanie GreenSSC Foundation Board of Trustees
Thomas ChiappiniSSC Foundation Board of Trustees
Tony SnyderSSC Foundation Board of Trustees
William F HooverSSC Foundation Board of Trustees
Mary Jo Shannon Slick EsqSSC Foundation Board of Trustees Secretary
Penelope GorsuchStark State College Foundation Board
Richard L CraigStark State College Foundation Board
Steven J BurgerStark State Foundation Board Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,386,758
Program Service Revenue
$0
Investment Income
$1,502,080
Other Revenue
$0
All Other Contributions
$1,418,260
Change in Net Assets
$1,259,866

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 Table3$60,690Estimated by Recipients
Works of Art1$22,000Provided by Donor
Total Noncash Contributions4$82,690-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,531,669
Other Expenses$97,303
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,531,669--$2,531,669
All Other Expenses$0$82,690$0$82,690
Advertising$0$14,613$0$14,613
Total Functional Expenses$2,531,669$97,303$0$2,628,972
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stark State CollegeNorth Canton, OH115(a) & 170Student Scholarships, Equipment, Supplies and Campus Improvements to support student learning objectives of the College.$2,531,669
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990, Part VI, Section B, Line 11b - The Form 990 is reviewed by the president of the board and the director of the Foundation”

Form 990, Part VI, Section B, Line 12C

“All directors are made aware of the policy and directors must provide disclosure statement which is reviewed and kept on file”

Form 990, Part VI, Section C, Line 19

“The Foundation makes its governing governing documents, policies, and financial statements available to the public upon request. The Financial Statements are published on the State of Ohio website for the public to review.”

Form 990, Part VII, Section A, Line 2

“The Foundation financial statements are audited annually by independent auditors via Auditor of State of Ohio.”

Filing and Contact Details

Filer

Filer Name
Stark State College Foundation
EIN
34-1577595
Phone
3304946170
Address
6200 Frank Ave NW, North Canton, OH 44720

Signing Officer

Name
Joseph Richards
Title
Comptroller
Phone
3304946170
Signed
2025-01-23

Organization Details

Principal Officer
Patrick Roberts Phd
Formed
1988
Legal Domicile
Oh
Voting Board Members
27
Independent Board Members
26
Employees
0
Volunteers
40
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

“To provide funds to Stark State College to benefit the students as scholarships and awards that benefit student services”

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IRS990/Form990PartVIISectionAGrp/PersonNm0Para Jones Ph D
IRS990/Form990PartVIISectionAGrp/PersonNm1Patrick Roberts Phd
IRS990/Form990PartVIISectionAGrp/PersonNm2Thomas Chiappini
IRS990/Form990PartVIISectionAGrp/PersonNm3Ken Decker
IRS990/Form990PartVIISectionAGrp/PersonNm4Sally Efremoff Esq
IRS990/Form990PartVIISectionAGrp/PersonNm5Betsy Engels
IRS990/Form990PartVIISectionAGrp/PersonNm6Stephanie Green
IRS990/Form990PartVIISectionAGrp/PersonNm7Monica Gwin
IRS990/Form990PartVIISectionAGrp/PersonNm8William F Hoover
IRS990/Form990PartVIISectionAGrp/PersonNm9Montrella S Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm10John McGrath Ed D
IRS990/Form990PartVIISectionAGrp/PersonNm11Nicole Russ
IRS990/Form990PartVIISectionAGrp/PersonNm12Ahmed Sabe MD
IRS990/Form990PartVIISectionAGrp/PersonNm13Tony Snyder
IRS990/Form990PartVIISectionAGrp/PersonNm14Michael Thomas DDS
IRS990/Form990PartVIISectionAGrp/PersonNm15Patty Wackerly
IRS990/Form990PartVIISectionAGrp/PersonNm16Janet Kendall White
IRS990/Form990PartVIISectionAGrp/PersonNm17Ronald Wilkoff
IRS990/Form990PartVIISectionAGrp/PersonNm18Bruce Alexander
IRS990/Form990PartVIISectionAGrp/PersonNm19Kalee Boyd
IRS990/Form990PartVIISectionAGrp/PersonNm20Richard L Craig
IRS990/Form990PartVIISectionAGrp/PersonNm21Penelope Gorsuch
IRS990/Form990PartVIISectionAGrp/PersonNm22The Honorable Curt Werren
IRS990/Form990PartVIISectionAGrp/PersonNm23Alex Shannon
IRS990/Form990PartVIISectionAGrp/PersonNm24Katherine Gessner
IRS990/Form990PartVIISectionAGrp/PersonNm25Mary Jo Shannon Slick Esq
IRS990/Form990PartVIISectionAGrp/PersonNm26Dan Kessler
IRS990/Form990PartVIISectionAGrp/PersonNm27Steven J Burger
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President, Stark State College
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President, Advancement
IRS990/Form990PartVIISectionAGrp/TitleTxt2SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt3SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt4SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt5SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt6SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt7SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt8SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt9SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt10SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt11SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt12SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt13SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt14SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt15SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt16SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt17SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt18SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt19SSC Foundation Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt20Stark State College Foundation Board
IRS990/Form990PartVIISectionAGrp/TitleTxt21Stark State College Foundation Board
IRS990/Form990PartVIISectionAGrp/TitleTxt22SSC Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt23SSC Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt24SSC Foundation Board of Trustees President
IRS990/Form990PartVIISectionAGrp/TitleTxt25SSC Foundation Board of Trustees Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt26SSC Foundation Board of Trustees Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt27Stark State Foundation Board Treasurer
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