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POLAR MERCHANDISE LLC

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Tax-exempt status may be revoked

POLAR MERCHANDISE LLC

EIN 27-2573390 · Education N.E.C. (B99)

What they do

Polar Merchandise LLC Under The Umbrella of Polar Enterprises, LLC, Was Established In 2009/2010 Academic Year to Sell Promotional Items With Ohio Northern Universitys and Associated Colleges Logos to Various Student and Campus Organizations. Polar Merchandise "employed" for The 2021-2022 Academic Year Are 1 CEO, 1 CFO, 1 Accountant, 1 Graphic Designer, and 4 Sales Reps. All Positions Are Held By ONU Students. They Manage and Operate The Student-run Business Under The Polar Enterprises Umbrella With The Support and Mentoring of The Dicke College of Business Faculty. This Experience Exposes Students to All Aspects of Starting and Running An Entrepreneurial Business. It Provides Students With Practical Application of Classroom Materials In A Supportive Environment. Students Will Have An Enhanced Understanding of Entrepreneurship, While Improving Applied Business Knowledge Through Running A Small Business With Fellow Students, Faculty, Customers, and Local Businesses.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$84.58spent for every $100 of revenueRevenue covered expenses this year.
$13.46in assets for every $1 spent this yearSome assets cannot be spent right away.

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  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $62 for ALEX KURTZ (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$1,414
Expenses$1,196
Annual surplus $218 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$1,414
Expenses$1,196
Assets$16,104
Income$15,890
People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ALEX KURTZCHIEF EXECUTIVE OFFICER · 10 hrs/week $62
TESSA PITCOVICHCHIEF FINANCIAL OFFICER · 10 hrs/week $62

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

ALEX KURTZCHIEF EXECUTIVE OFFICER

TESSA PITCOVICHCHIEF FINANCIAL OFFICER

ASST DEAN CHRISTY BEASCHLERBOARD MEMBER

DR DANIELLE FOSTERBOARD MEMBER

DR DEXTER WOODSBOARD MEMBER

DR JOHN NAVINCHAIRMAN OF THE BOARD

PROF DAVID SAVINOBOARD MEMBER

PROF KEVIN ERNSTADVISOR AND DIRECTOR

About this charity

Recognized since
January 2011
Location
402 West College Avenue, Ada, OH 45810
County
Hardin
In care of
Tessa Pitcovich
Primary officer
Tessa Pitcovich, Chief Financial Officer

How to reach them

Filing and classification

Latest tax year
2021
Tax period began
June 1, 2021
Return type
990EZ
NTEE classification
Education N.E.C. (B99)
IRS tax category
Education N.E.C.
Revocation date
October 15, 2025

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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