Civic Intelligence

Williams Challenge

EIN 74-3061888 • 501(c)3 • Akron, OH

Profile

Providing scholarships to low income families

2081 Meadow Gate Ste 93Akron, OH 44313
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

59th percentile

6.6%

Higher net margin than 59% of similar nonprofits.

501(c)3 • <$500k 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

68th percentile

9.9%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

4.8%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$112,506

Up $10,115 (+9.9%) from 2023

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$112,506

Up $10,115 (+9.9%) from 2023

Revenue

Up

$152,363

Up $7,037 (+4.8%) from 2023

Expenses

Up

$142,248

Up $19,981 (+16%) from 2023

Net Income

Down

$10,115

Down $12,944 (-56%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $33,216Net Assets 2018: $33,2162018Assets 2019: $49,743Net Assets 2019: $49,7432019Assets 2020: $88,487Net Assets 2020: $88,4872020Assets 2021: $79,500Net Assets 2021: $79,5002021Assets 2022: $97,843Net Assets 2022: $97,8432022Assets 2023: $102,391Net Assets 2023: $102,3912023Assets 2024: $112,506Liabilities 2024: $0Net Assets 2024: $112,5062024

Highlighted filing

2024

Assets$112,506
Liabilities$0
Net Assets$112,506

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2018: $50,872Expenses 2018: $48,817Net Income 2018: $2,0552018Revenue 2019: $55,405Expenses 2019: $41,923Net Income 2019: $13,4822019Revenue 2020: $116,791Expenses 2020: $78,047Net Income 2020: $38,7442020Revenue 2021: $104,321Expenses 2021: $113,308Net Income 2021: -$8,9872021Revenue 2022: $161,380Expenses 2022: $141,614Net Income 2022: $19,7662022Revenue 2023: $145,326Expenses 2023: $122,267Net Income 2023: $23,0592023Revenue 2024: $152,363Expenses 2024: $142,248Net Income 2024: $10,1152024

Highlighted filing

2024

Revenue$152,363
Expenses$142,248
Net Income$10,115

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$165,857
Mission and Program Overview

Mission

Providing scholarships to low income families

Program Services

DescriptionGrantsExpenses
MENTORING OF YOUNG MEN-$122,047
PROVIDED 6 SCHOLARSHIPS FOR STUDENTS-$33,695
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANK WILLIAMS JRTreasurerPT$0--
TOBIAS WILLIAMSVice PresidentPT$0--
RODNEY NEALSecretaryPT$0--
ROBERT MCCORMICKBorad MemberPT$0--
JAMISON WILLIAMSPresidentPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golfing Event$27,668$27,668$8,531$19,137
Total Events$27,668$27,668$13,494$14,174
Filing and Contact Details

Filer

Filer Name
Williams Challenge
EIN
74-3061888
Phone
3306874877
Address
2081 MEADOW GATE STE 93, AKRON, OH 44313

Signing Officer

Name
Frank Williams
Title
President
Phone
3306874877
Signed
2025-07-07
Discuss with paid preparer
No

Preparer

Firm
First Choice Bookkeeping and Tax Se
Address
31 ALFARETTA AVENUE, AKRON, OH 44310
Preparer
Debra L Turner
Phone
3305355755
Supplemental Narrative

Additional Explanations

Part I, line 8

Other Revenue: INTEREST INCOME Amount: 979

Part I, line 10

Activity: SCHOLARSHIPS Grantee Name: AKRON URBAN LEAGUE Grantee Address: 440 VERNON ODOM BOULEVARD AKRON OH 44307 Amount: 5060 Relationship: NONE

Part I, line 16

Description: BANK CHARGES Amount: 163

Part I, line 16

Description: OFFICE EXPENSE Amount: 1310

Part I, line 16

Description: WEBSITE EXPENSE Amount: 461

Part I, line 16

Description: FEES EXPENSE Amount: 308

Part I, line 16

Description: PROGRAM EXPENSE M2M Amount: 14680

Part I, line 16

Description: FOOD EXPENSE Amount: 183

Part I, line 16

Description: GAS CARDS Amount: 2420

Part II, line 24

Description: OFFICE EQUIPMENT NET BOY Amount: 577 EOY Amount: 577

Raw XML Appendix191 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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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