Civic Intelligence

Entrepreneurial Engagement Ohio

990 • Fiscal year 2015 • EIN 37-1644646

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 01, 2016

PO Box 470563Cleveland, OH 44147-0563

(440) 821-2357

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

25th percentile

-8.6%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

97th percentile

$76,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

4th percentile

-78%

Faster asset growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

86th percentile

52%

Faster revenue growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$11,225

Down $40,949 (-78%) from 2014

Net Assets

Down

$11,225

Down $40,949 (-78%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$478,129

Up $164,285 (+52%) from 2014

Expenses

Up

$519,078

Up $256,669 (+98%) from 2014

Net Income

Down

-$40,949

Down $92,384 (-180%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $1,040Liabilities 2012: $02012Assets 2013: $739Liabilities 2013: $0Net Assets 2013: $7392013Assets 2014: $52,174Liabilities 2014: $0Net Assets 2014: $52,1742014Assets 2015: $11,225Liabilities 2015: $0Net Assets 2015: $11,2252015Assets 2016: $25,832Liabilities 2016: $0Net Assets 2016: $25,8322016Assets 2017: $859Liabilities 2017: $0Net Assets 2017: $8592017Assets 2018: $1,941Liabilities 2018: $0Net Assets 2018: $1,9412018Assets 2019: $9,627Liabilities 2019: $0Net Assets 2019: $9,6272019Assets 2020: $39,861Liabilities 2020: $0Net Assets 2020: $39,8612020Assets 2021: $55,519Liabilities 2021: $0Net Assets 2021: $55,5192021Assets 2022: $58,650Liabilities 2022: $0Net Assets 2022: $58,6502022Assets 2023: $132,103Liabilities 2023: $0Net Assets 2023: $132,1032023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2015

Assets$11,225
Liabilities$0
Net Assets$11,225

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $84,199Expenses 2012: $83,159Net Income 2012: $1,0402012Revenue 2013: $63,708Expenses 2013: $64,009Net Income 2013: -$3012013Revenue 2014: $313,844Expenses 2014: $262,409Net Income 2014: $51,4352014Revenue 2015: $478,129Expenses 2015: $519,078Net Income 2015: -$40,9492015Revenue 2016: $560,013Expenses 2016: $545,406Net Income 2016: $14,6072016Revenue 2017: $85,941Expenses 2017: $110,914Net Income 2017: -$24,9732017Revenue 2018: $51,651Expenses 2018: $50,569Net Income 2018: $1,0822018Revenue 2019: $81,649Expenses 2019: $73,963Net Income 2019: $7,6862019Revenue 2020: $200,845Expenses 2020: $170,612Net Income 2020: $30,2332020Revenue 2021: $123,000Expenses 2021: $107,342Net Income 2021: $15,6582021Revenue 2022: $122,000Expenses 2022: $118,869Net Income 2022: $3,1312022Revenue 2023: $120,000Expenses 2023: $46,547Net Income 2023: $73,4532023Revenue 2024: $0Expenses 2024: $132,103Net Income 2024: -$132,1032024

Highlighted filing

2015

Revenue$478,129
Expenses$519,078
Net Income-$40,949
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 1, 2016
Return Version
2014v6.0
Gross Receipts
$478,129
Mission and Program Overview

Mission

The mission of EEO is: 1) to promote student and community awareness as to the challenges and opportunities the changing regional, national and global economies present for the future; and 2) to provide educational instruction, curriculum, research, training, mentoring and other information that helps develop the entrepreneurial, economic, business, and scientific literacy of students and the community.

Promote economic, entrepreneurial, business, and scientific literacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$52,174$11,225▼ $40,949
Total Assets$52,174$11,225▼ $40,949
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$52,174$11,225▼ $40,949
Total Net Assets Fund Balance$52,174$11,225▼ $40,949
Total Liabilities and Net Assets / Fund Balance$52,174$11,225▼ $40,949
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John Klipfell IIIExecutive DirectorFT$76,000$76,000
James PhippsDirectorPT$31,000$31,000
James MontaquilaSecretaryPT$22,500$22,500

Board Members and Trustees

NameTitle
Dr Julian M EarlsPresident
Bruce KellerVice President
Dr Brian DavisDirector
Dr Katrina CornishDirector
Dr Woodrow WhitlowDirector
Read WakefieldDirector
David SchroedelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,250
Program Service Revenue
$450,879
Investment Income
$0
Other Revenue
$0
All Other Contributions
$27,250
Change in Net Assets
$-40,949

Audited Revenue Reconciliation

Revenue per Audited Statements
$478,129
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$478,129
Total Revenue per Form 990
$478,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$379,078
Salaries, Compensation, and Employee Benefits$140,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$153,685--$153,685
Current Officers, Directors, Trustees, and Key Employees$137,000$3,000-$140,000
Fees for Services Other$36,858--$36,858
Travel$24,119--$24,119
Fees for Services Accounting-$5,955-$5,955
Office Expenses$3,345$336-$3,681
Insurance-$1,185-$1,185
Other Expenses$3,600$50-$50
Total Functional Expenses$508,552$10,526$0$519,078

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$519,078
Total Expenses per Audited Statements$519,078
Total Expenses per Form 990$519,078
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Section B, line 11

All of the board members review the 990.

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

Officers, directors and trustees report annually any conflicts of interest.

Form 990, Part VI, Section B, line 15

Board reviews compensation annually and approves rates.

Form 990, Part VI, Section C, line 19

Information is provided upon request. Requests may be made to the organizations address.

Filing and Contact Details

Filer

Filer Name
Entrepreneurial Engagement Ohio
EIN
37-1644646
Phone
4408212357
Address
PO Box 470563, Cleveland, OH 44147-0563

Signing Officer

Name
John M Klipfell
Title
Executive Director
Phone
4408212357
Signed
2016-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John M Klipfell
Formed
2011
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
270

Preparer

Firm
415 Group Inc
Address
4100 Holiday Street NW Ste 100, Canton, OH 44718
Preparer
Scott F Whetstone CPA
Phone
3304920094
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

On July 1, 2013, Ohio Governor John Kasich signed Ohio's 2014-2015 biennial budget which included a $5,000,000 appropriation to the Ohio Board of Regents for the period from July 1, 2014 through June 30, 2015 for the development of a state-wide "Youth Entrepreneurial STEM Ecosystem for the State of Ohio" which is popularly known as the "Believe in Ohio" Program (BIO). Although originally intended to be rolled out in time for the 2013-2014 school year, the initial rollout of the full program was delayed until the 2014-2015 school year. As a result of this delay, on June 26, 2015, the Ohio Board of Regents granted OAS and the BIO program a "No Cost Contract Extension" to allow BiO to continue the implementation of the program through June 30, 2016 (i.e. the 2015-2016 school year). BIO was collaboratively developed by EEO and OAS and is collaboratively managed by EEO and OAS, with an official from each organization each serving as a Co-Director of the overall BIO program. OAS serves as the fiscal agent for the overall BIO program. Control over the BIO program is exercised by the Ohio Board of Regents through its periodic review and approval of a budget for the BIO program. See additional information about the Believe in Ohio program under Part III, Section 4a.

Form 990, Part III, line 4A

The Believe in Ohio program (BiO) is a program of The Ohio Academy of Science (OAS) that was collaboratively developed and is collaboratively managed by Entrepreneurial Engagement Ohio (EEO) and OAS. The BiO program helps students prepare for the future and encourages them to become the STEM innovators and entrepreneurs Ohio will need to enhance and maintain its prosperity. The Believe in Ohio program collaborates with a wide range of venture development and entrepreneurial STEM organizations and programs throughout Ohio and includes four principal, interconnected statewide initiatives that were launched for the 2014-2015 school year: 1) The development of a series of regional STEM Innovation and Entrepreneurship Forums across the State of Ohio, 2) The development of a series of six regional "Introduction to the Innovation Economy of Ohio" online courses that provide STEM innovation and entrepreneurship instruction to students, 3) A statewide STEM Advocate and Urban Mentoring Network program and teacher support program and 4) A local high school and statewide STEM Commercialization Plan and STEM Business Plan Competition judged by STEM professionals and entrepreneurs from across Ohio that provides cash awards and scholarships to Ohio colleges and universities to student winners.

Form 990, Part III, line 4B

The Scholarship of Entrepreneurial Engagement Economics & Entrepreneurship is a mini-course of study that can be integrated into existing high school economics, business, marketing and entrepreneurship classes. As part of the program, students learn how the American free enterprise system works and the importance of entrepreneurship and innovation in the context of the global economy. They also develop a business plan which can be eligible for a local and regional competition.

Part XII, line 2C

Financial statements are reviewed by Executive Director and officers and is then presented to the entire board.

Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt059750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt054150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt069934
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0211084
IRS990ScheduleA/TotalSupportAmt0211084
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0On July 1, 2013, Ohio Governor John Kasich signed Ohio's 2014-2015 biennial budget which included a $5,000,000 appropriation to the Ohio Board of Regents for the period from July 1, 2014 through June 30, 2015 for the development of a state-wide "Youth Entrepreneurial STEM Ecosystem for the State of Ohio" which is popularly known as the "Believe in Ohio" Program (BIO). Although originally intended to be rolled out in time for the 2013-2014 school year, the initial rollout of the full program was delayed until the 2014-2015 school year. As a result of this delay, on June 26, 2015, the Ohio Board of Regents granted OAS and the BIO program a "No Cost Contract Extension" to allow BiO to continue the implementation of the program through June 30, 2016 (i.e. the 2015-2016 school year). BIO was collaboratively developed by EEO and OAS and is collaboratively managed by EEO and OAS, with an official from each organization each serving as a Co-Director of the overall BIO program. OAS serves as the fiscal agent for the overall BIO program. Control over the BIO program is exercised by the Ohio Board of Regents through its periodic review and approval of a budget for the BIO program. See additional information about the Believe in Ohio program under Part III, Section 4a.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Believe in Ohio program (BiO) is a program of The Ohio Academy of Science (OAS) that was collaboratively developed and is collaboratively managed by Entrepreneurial Engagement Ohio (EEO) and OAS. The BiO program helps students prepare for the future and encourages them to become the STEM innovators and entrepreneurs Ohio will need to enhance and maintain its prosperity. The Believe in Ohio program collaborates with a wide range of venture development and entrepreneurial STEM organizations and programs throughout Ohio and includes four principal, interconnected statewide initiatives that were launched for the 2014-2015 school year: 1) The development of a series of regional STEM Innovation and Entrepreneurship Forums across the State of Ohio, 2) The development of a series of six regional "Introduction to the Innovation Economy of Ohio" online courses that provide STEM innovation and entrepreneurship instruction to students, 3) A statewide STEM Advocate and Urban Mentoring Network program and teacher support program and 4) A local high school and statewide STEM Commercialization Plan and STEM Business Plan Competition judged by STEM professionals and entrepreneurs from across Ohio that provides cash awards and scholarships to Ohio colleges and universities to student winners.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Scholarship of Entrepreneurial Engagement Economics & Entrepreneurship is a mini-course of study that can be integrated into existing high school economics, business, marketing and entrepreneurship classes. As part of the program, students learn how the American free enterprise system works and the importance of entrepreneurship and innovation in the context of the global economy. They also develop a business plan which can be eligible for a local and regional competition.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All of the board members review the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Officers, directors and trustees report annually any conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board reviews compensation annually and approves rates.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Information is provided upon request. Requests may be made to the organizations address.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Financial statements are reviewed by Executive Director and officers and is then presented to the entire board.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, line 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, line 4b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part XII, line 2c
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IRS990/SignificantChangeInd00
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IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/USAddress/CityNm0Cleveland
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd0441470563
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IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.EEOhio.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0John M Klipfell
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04408212357
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Entrepreneurial Engagement Ohio
ReturnHeader/Filer/BusinessNameControlTxt0ENTR
ReturnHeader/Filer/EIN0371644646
ReturnHeader/Filer/PhoneNum04408212357
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 470563
ReturnHeader/Filer/USAddress/CityNm0Cleveland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd0441470563
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341341400
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0415 Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04100 Holiday Street NW Ste 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Canton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044718
ReturnHeader/PreparerPersonGrp/PhoneNum03304920094
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Scott F Whetstone CPA
ReturnHeader/ReturnTs02016-02-04T06:28:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$1.32$1.32
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$1.20$0.47$0.73
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$1.22$1.19$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$1.23$1.07$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$2.01$1.71$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.82$0.74$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.52$0.51$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.86$1.11$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$5.60$5.45$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$4.78$5.19$0.41
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$3.14$2.62$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.64$0.64$0.00
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$0.84$0.83$0.01
Peer Organizations

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