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STEAM ACADEMY OF YOUNGSTOWN

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Tax-exempt status may be revoked

STEAM ACADEMY OF YOUNGSTOWN

EIN 45-1266538

What they do

The Purposes for Which The Corporation Was Formed, As Stated In Its Articles of Incorporation, Are to Establish and Run A Charter School In The State of Ohio for The Benefit of The Children, of The Community, and to Engage In Any Other Activities Incidental to The Foregoing Purposes for Which A Corporation May Be Organized Under Chapter 1702 of The Ohio Revised Code; Provided, However, That The Corporation is Organized and Shall At All Times Be Operated Exclusively Within The Confines of IRC 501c3.

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Stop and check first

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 2015The 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 leaders4 people are listed in the latest report.

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

Money made simple

88.49%of revenue went to mission work100.0% of expenses · Program services
$88.49spent for every $100 of revenueRevenue covered expenses this year.
$0.84in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2015

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.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,910,586
Mission workProgram services$1,690,71388.49% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$219,87311.51% of revenueShown in gray on the chart
Total expenses$1,690,71388.49% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$1,910,586
Expenses$1,690,713
Annual surplus $219,873 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,690,713 · 100.0% of expenses
See all reported dollar amounts
Revenue$1,910,586
Expenses$1,690,713
Assets$1,428,475
Contributions$1,910,586
Mission work (program services)$1,690,713
Accounting fees$9,334
People

Leadership and board

Tax year 2015

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (4)

ERIC NEVINSBOARD MEMBER

GEORGE DRAKEBOARD MEMBER

RENEA BAYLORBOARD MEMBER

ROBERT PROCTORBOARD MEMBER

About this charity

Location
1338 Virginia Avenue, Akron, OH 44306
County
Summit
In care of
C David Massa
Primary officer
C David Massa, Treasurer

How to reach them

Filing and classification

Latest tax year
2015
Tax period began
July 1, 2015
Return type
990
Revocation date
November 15, 2019

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

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