Civic Intelligence

Embracing Futures Inc

EIN 34-6543299 • 501(c)3 • Akron, OH

Profile

To make a difference in the lives of needy and underprivileged children in summit, stark, portage, medina and wayne counties by providing financial assistance for orthodontic and other dental care and offering oral health education for elementary school students.

50 S Main Street Rm/Ste Ll 100Akron, OH 44308

www.embracingfuturesinc.org

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

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 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Assets

Up

$2,497,027

Up $162,771 (+7.0%) from 2023

Liabilities

Down

$4,399

Down $3,383 (-43%) from 2023

Net Assets

Up

$2,492,628

Up $166,154 (+7.1%) from 2023

Revenue

Up

$510,490

Up $147,680 (+41%) from 2023

Expenses

Up

$396,585

Up $78,278 (+25%) from 2023

Net Income

Up

$113,905

Up $69,402 (+156%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $1,534,517Liabilities 2014: $4,893Net Assets 2014: $1,529,6242014Assets 2015: $1,498,601Liabilities 2015: $3,874Net Assets 2015: $1,494,7272015Assets 2016: $1,569,329Liabilities 2016: $2,998Net Assets 2016: $1,566,3312016Assets 2017: $1,779,738Liabilities 2017: $3,097Net Assets 2017: $1,776,6412017Assets 2018: $1,622,363Liabilities 2018: $3,698Net Assets 2018: $1,618,6652018Assets 2019: $1,875,943Liabilities 2019: $3,918Net Assets 2019: $1,872,0252019Assets 2020: $2,142,001Liabilities 2020: $27,087Net Assets 2020: $2,114,9142020Assets 2021: $2,423,665Liabilities 2021: $5,540Net Assets 2021: $2,418,1252021Assets 2022: $2,038,083Liabilities 2022: $4,511Net Assets 2022: $2,033,5722022Assets 2023: $2,334,256Liabilities 2023: $7,782Net Assets 2023: $2,326,4742023Assets 2024: $2,497,027Liabilities 2024: $4,399Net Assets 2024: $2,492,6282024

Highlighted filing

2024

Assets$2,497,027
Liabilities$4,399
Net Assets$2,492,628

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $354,014Expenses 2014: $281,885Net Income 2014: $72,1292014Revenue 2015: $359,860Expenses 2015: $273,043Net Income 2015: $86,8172015Revenue 2016: $278,298Expenses 2016: $291,519Net Income 2016: -$13,2212016Revenue 2017: $368,316Expenses 2017: $259,567Net Income 2017: $108,7492017Revenue 2018: $427,698Expenses 2018: $296,981Net Income 2018: $130,7172018Revenue 2019: $388,799Expenses 2019: $319,949Net Income 2019: $68,8502019Revenue 2020: $377,385Expenses 2020: $319,183Net Income 2020: $58,2022020Revenue 2021: $335,745Expenses 2021: $266,739Net Income 2021: $69,0062021Revenue 2022: $610,349Expenses 2022: $274,186Net Income 2022: $336,1632022Revenue 2023: $362,810Expenses 2023: $318,307Net Income 2023: $44,5032023Revenue 2024: $510,490Expenses 2024: $396,585Net Income 2024: $113,9052024

Highlighted filing

2024

Revenue$510,490
Expenses$396,585
Net Income$113,905

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 15, 2025
Return Version
2024v5.0
Gross Receipts
$1,583,088
Mission and Program Overview

Mission

To make a difference in the lives of needy and underprivileged children in summit, stark, portage, medina and wayne counties by providing financial assistance for orthodontic and other dental care and offering oral health education for elementary school students.

Embracing futures, inc. Provides orthodontic braces to children with severe orthodontic problems, who are growing up in an impoverished household and have been turned down by medicaid or other government funded programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,265,134$2,462,569▲ $197,435
Cash and Non-Interest-Bearing Accounts$43,529$7,773▼ $35,756
Total Assets$2,334,256$2,497,027▲ $162,771
Other Assets Total$25,593$26,685▲ $1,092
Liabilities
Accounts Payable and Accrued Expenses$7,782$4,399▼ $3,383
Total Liabilities$7,782$4,399▼ $3,383
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,292,692$2,492,628▲ $199,936
Net Assets With Donor Restrictions$33,782--
Total Net Assets Fund Balance$2,326,474$2,492,628▲ $166,154
Total Liabilities and Net Assets / Fund Balance$2,334,256$2,497,027▲ $162,771

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,316$1,316

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,290,727-▲ $269,899-$2,489,254
2023$1,967,018-▲ $412,671-$2,290,727
2022$2,367,646-▼ $369,625-$1,967,018
2021$2,117,561-▲ $278,741-$2,367,646
2020$1,860,216-▲ $338,986-$2,117,561
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amber BarkoukisExecutive DiFT$77,792$469$78,261
Mark FairhurstExec. Dir.,FT$38,050$1,142$39,192

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$274,297
Program Service Revenue
$1,987
Investment Income
$232,651
Other Revenue
$1,555
All Other Contributions
$274,297
Change in Net Assets
$113,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$186,280
Grants and Similar Amounts Paid$155,506
Other Expenses$54,799
Total Fundraising Expense$9,143
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$155,506--$155,506
Current Officers, Directors, Trustees, and Key Employees$88,090$24,666$4,697$117,453
Other Salaries and Wages$42,862$12,164$2,896$57,922
Fees for Service Investment Mgmnt Fees-$13,372-$13,372
Payroll Taxes$8,070$2,290$545$10,905
Advertising$3,778$1,072$255$5,105
Occupancy$2,331$661$157$3,149
Travel$2,308$655$156$3,119
Office Expenses$1,644$468$112$2,224
Fees for Services Accounting-$1,913-$1,913
Information Technology$1,112$244$58$1,414
Insurance$1,024$290$69$1,383
All Other Expenses$643$192$33$868
Conferences and Meetings-$780-$780
Other Expenses$748$694$165$748
Fees for Services Other-$584-$584
Total Functional Expenses$327,397$60,045$9,143$396,585
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Todd DietrichTrusteeOrthodontic ServicesNo$9,038
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 board before filing

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

Board members are required to sign a statement regarding conflicts of interest and to abstain from voting when a potential conflict of interest exists. Policy compliance is monitored by both the board itself and the executive director.

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

The board of trustees reviews the executive director's salary in comparison with his duties, hours worked, and other data on an annual basis.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Embracing Futures Inc
EIN
34-6543299
Phone
3302537700
Address
50 S MAIN STREET RM/STE LL 100, AKRON, OH 44308

Signing Officer

Name
Amber Barkoukis
Title
Executive Director
Phone
3302537700
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amber Barkoukis
Formed
1946
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
14

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 - ORGANIZATION'S MISSION

To make a difference in the lives of needy and underprivileged children in summit, stark, portage, medina and wayne counties by providing financial assistance for orthodontic and other dental care and offering oral health education for elementary school students.

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

The orthodontic care program is our core program. This unique program is a reactive process that provides orthodontic care for children growing up in impoverished households who are suffering from severe orthodontic problems and have been turned down by medicaid or other government funded programs. Working with community partners, we first identify a child, meet with the family to verify the financial need, provide two orthodontic exams to validate the medical need, and bring our findings to our board of trustees for a final decision. With board approval, we finance the costs directly with an orthodontist until treatment is successfully completed. The process concludes through an exit interview with the family. In the past ten years we have helped over 400 children. We recognize a child who is self-conscious about his or her teeth may shy away from participating in class or other social activities. Children who receive orthodontic treatment will certainly be healthier individuals. They may also experience improved self esteem and confidence. This will contribute to their becoming more productive individuals as they move from school into their adult life. Donna skoda, summit county public health commissioner, stated the following: it's clear that poor oral health, untreated oral diseases and severe orthodontic problems have a considerable impact on quality of life, including loss of self-esteem, poor performance at school and decreased economic productivity. Yet access to dental services, including orthodontic care, remains the greatest unmet healthcare need in summit county. Maintaining the health of your teeth and mouth is not merely a cosmetic activity, but rather a critical part in a complete healthcare plan and a smart investment in physical and emotional health...especially for children. In 2024, 46 children were approved for treatment and 91 total children received treatment.

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

The dr. Milton rubin oral health education program is our secondary program. It was established in 2000 and named in dr. Rubin's honor to commemorate his sincere dedication to providing good dental care to children. The original program, created by dr. Rubin himself, was intended to enhance existing health classes in the akron public school system. His goal was to help students develop favorable attitudes toward personal oral health habits through awareness, education and demonstration. Following much success, the program has grown and today including school districts (public, private, parochial) in summit , portage, stark and medina counties. The program is free to schools and is a great way to help young people develop healthy habits that will affect them for a lifetime. In 2024, we presented to 212 classes, which resulted in 4,526 students being taught through the program.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Endowment funds will be used to maintain the operations and programs of the organization.

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IRS990/Desc0THE ORTHODONTIC CARE PROGRAM IS OUR CORE PROGRAM. THIS UNIQUE PROGRAM IS A REACTIVE PROCESS THAT PROVIDES ORTHODONTIC CARE FOR CHILDREN GROWING UP IN IMPOVERISHED HOUSEHOLDS WHO ARE SUFFERING FROM SEVERE ORTHODONTIC PROBLEMS AND HAVE BEEN TURNED DOWN BY MEDICAID OR OTHER GOVERNMENT FUNDED PROGRAMS. WORKING WITH COMMUNITY PARTNERS, WE FIRST IDENTIFY A CHILD, MEET WITH THE FAMILY TO VERIFY THE FINANCIAL NEED, PROVIDE TWO ORTHODONTIC EXAMS TO VALIDATE THE MEDICAL NEED, AND BRING OUR FINDINGS TO OUR BOARD OF TRUSTEES FOR A FINAL DECISION. WITH BOARD APPROVAL, WE FINANCE THE COSTS DIRECTLY WITH AN ORTHODONTIST UNTIL TREATMENT IS SUCCESSFULLY COMPLETED. THE PROCESS CONCLUDES THROUGH AN EXIT INTERVIEW WITH THE FAMILY. IN THE PAST TEN YEARS WE HAVE HELPED OVER 400 CHILDREN. WE RECOGNIZE A CHILD WHO IS SELF-CONSCIOUS ABOUT HIS OR HER TEETH MAY SHY AWAY FROM PARTICIPATING IN CLASS OR OTHER SOCIAL ACTIVITIES. CHILDREN WHO RECEIVE ORTHODONTIC TREATMENT WILL CERTAINLY BE HEALTHIER INDIVIDUALS. THEY MAY ALSO EXPERIENCE IMPROVED SELF ESTEEM AND CONFIDENCE. THIS WILL CONTRIBUTE TO THEIR BECOMING MORE PRODUCTIVE INDIVIDUALS AS THEY MOVE FROM SCHOOL INTO THEIR ADULT LIFE. DONNA SKODA, SUMMIT COUNTY PUBLIC HEALTH COMMISSIONER, STATED THE FOLLOWING: IT'S CLEAR THAT POOR ORAL HEALTH, UNTREATED ORAL DISEASES AND SEVERE ORTHODONTIC PROBLEMS HAVE A CONSIDERABLE IMPACT ON QUALITY OF LIFE, INCLUDING LOSS OF SELF-ESTEEM, POOR PERFORMANCE AT SCHOOL AND DECREASED ECONOMIC PRODUCTIVITY. YET ACCESS TO DENTAL SERVICES, INCLUDING ORTHODONTIC CARE, REMAINS THE GREATEST UNMET HEALTHCARE NEED IN SUMMIT COUNTY. MAINTAINING THE HEALTH OF YOUR TEETH AND MOUTH IS NOT MERELY A COSMETIC ACTIVITY, BUT RATHER A CRITICAL PART IN A COMPLETE HEALTHCARE PLAN AND A SMART INVESTMENT IN PHYSICAL AND EMOTIONAL HEALTH...ESPECIALLY FOR CHILDREN. IN 2024, 46 CHILDREN WERE APPROVED FOR TREATMENT AND 91 TOTAL CHILDREN RECEIVED TREATMENT.
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IRS990/MissionDesc0TO MAKE A DIFFERENCE IN THE LIVES OF NEEDY AND UNDERPRIVILEGED CHILDREN IN SUMMIT, STARK, PORTAGE, MEDINA AND WAYNE COUNTIES BY PROVIDING FINANCIAL ASSISTANCE FOR ORTHODONTIC AND OTHER DENTAL CARE AND OFFERING ORAL HEALTH EDUCATION FOR ELEMENTARY SCHOOL STUDENTS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE DR. MILTON RUBIN ORAL HEALTH EDUCATION PROGRAM IS OUR SECONDARY PROGRAM. IT WAS ESTABLISHED IN 2000 AND NAMED IN DR. RUBIN'S HONOR TO COMMEMORATE HIS SINCERE DEDICATION TO PROVIDING GOOD DENTAL CARE TO CHILDREN. THE ORIGINAL PROGRAM, CREATED BY DR. RUBIN HIMSELF, WAS INTENDED TO ENHANCE EXISTING HEALTH CLASSES IN THE AKRON PUBLIC SCHOOL SYSTEM. HIS GOAL WAS TO HELP STUDENTS DEVELOP FAVORABLE ATTITUDES TOWARD PERSONAL ORAL HEALTH HABITS THROUGH AWARENESS, EDUCATION AND DEMONSTRATION. FOLLOWING MUCH SUCCESS, THE PROGRAM HAS GROWN AND TODAY INCLUDING SCHOOL DISTRICTS (PUBLIC, PRIVATE, PAROCHIAL) IN SUMMIT , PORTAGE, STARK AND MEDINA COUNTIES. THE PROGRAM IS FREE TO SCHOOLS AND IS A GREAT WAY TO HELP YOUNG PEOPLE DEVELOP HEALTHY HABITS THAT WILL AFFECT THEM FOR A LIFETIME. IN 2024, WE PRESENTED TO 212 CLASSES, WHICH RESULTED IN 4,526 STUDENTS BEING TAUGHT THROUGH THE PROGRAM.
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