Public Benefit : Community Foundations

Akron Community Foundation

Enriching lives since 1955

Rating

Overall Rating    
      (49.83)
Organizational Efficiency      
Program Expenses 81.9%    
Administrative Expenses 13.1%    
Fundraising Expenses 4.8%    
Fundraising Efficiency $0.07    
Efficiency Rating    
      (33.19)
Organizational Capacity      
Primary Revenue Growth -5.6%    
Program Expenses Growth 6.6%    
Working Capital Ratio (years) 12.74    
Capacity Rating    
      (16.63)

Income Statement     (FYE 03/2008)

Revenue  
Primary Revenue $6,110,806
Other Revenue $15,183,295
Total Revenue $21,294,101
   
Expenses  
Program Expenses $7,896,133
Administrative Expenses $1,264,342
Fundraising Expenses $469,019
Total Functional Expenses $9,629,494
   
Payments to Affiliates $0
Excess (or Deficit) for the year $11,664,607
   
Net Assets $131,910,746

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Akron Community Foundation
345 West Cedar Street
Akron, OH 44307
tel: (330) 376-8522
fax: (330) 376-0202
EIN: 34-1087615

Contact Email
Visit Web Site

Leadership      (FYE 03/2008)

Name Title Compensation % of Expenses
Jody Bacon President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $206,770 2.14%

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Mission

Akron Community Foundation was established in 1955 to improve the quality of life in the Greater Akron area by building permanent endowments and providing philanthropic leadership that enables donors to make lasting investments in the community. The vision and dedication of the greater Akron community's leaders have helped Akron Community Foundation plan for tomorrow by building a permanent, growing charitable endowment that will provide income in perpetuity. To date, assets from which income is used to support projects of many local non-profit organizations total about $138 million.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Akron Community Foundation - OH 49.83
The Denver Foundation - CO 69.37
California Community Foundation - CA 69.74
The Community Foundation for Greater Atlanta - GA 69.30
Greater Kansas City Community Foundation - MO 69.82
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Akron Community Foundation - OH 49.83
Austin Community Foundation - TX 69.78
California Community Foundation - CA 69.74
The Boston Foundation - MA 69.67
East Bay Community Foundation - CA 66.59
The Community Foundation for the National Capital Region - DC 57.62
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