Skip to content
Nonprofiteer
← AKRON ZOOLOGICAL FOUNDATION INC

Form 990 for tax year 2022

Filed by AKRON ZOOLOGICAL FOUNDATION INC.

Totals

Total revenue
$212,603
Total expenses
$88,227
Contributions and grants received
$31,048
Grants paid
$49,889
Program service revenue
$0
Investment income
$181,555
Other revenue
$0
Total assets, end of year
$5,552,516
Total liabilities, end of year
$1,109
Net assets or fund balances, end of year
$5,551,407
Program services expenses (Part IX)
$49,889
Management and general expenses
$0
Fundraising expenses
$38,338
Program service expenses (Part III)
$49,889

Program services were 56.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $14,742

  • 1f · All other contributions, gifts and grants

    $16,306

  • 3 · Investment income

    total $144,990 · excluded $144,990

  • 7a · Gross sales of assets other than inventory

    securities $2,184,644

  • 7b · Less cost or other basis and sales expenses

    securities $2,148,079

  • 7c · Gain or loss

    securities $36,565

  • 7d · Net gain or loss

    total $36,565 · excluded $36,565

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $49,889 · program services $49,889

  • 11c · Fees: accounting

    total $2,350 · fundraising $2,350

  • 11f · Fees: investment management

    total $35,763 · fundraising $35,763

  • 24a · Other expenses: FILING FEE

    total $225 · fundraising $225

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $65,119 · end of year $46,274

  • 4 · Accounts receivable

    beginning of year $5,649 · end of year $4,577

  • 11 · Investments: publicly traded securities

    beginning of year $6,614,147 · end of year $5,501,665

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,076 · end of year $1,109

  • 27 · Net assets without donor restrictions

    beginning of year $6,416,199 · end of year $5,307,684

  • 28 · Net assets with donor restrictions

    beginning of year $264,640 · end of year $243,723

Mission and programs · 2022

Mission

THE MISSION OF THE AKRON ZOOLOGICAL FOUNDATION, INC. IS TO DIRECTLY BENEFIT AND PROVIDE SUPPORT FOR PROGRAMS, PROJECTS AND TO FURTHER THE MISSION OF THE AKRON ZOOLOGICAL PARK IN CONSERVATION, EDUCATION AND SERVING THE COMMUNITY.

Activities or mission (Part I)

TO PROVIDE FINANCIAL SUPPORT FOR THE MISSION OF THE AKRON ZOOLOGICAL PARK AND RELATED PROGRAMS.

  • PROVIDES DIRECT BENEFIT AND SUPPORT TO THE AKRON ZOOLOGICAL PARK'S PROGRAMS AND PROJECTS FOR CONSERVATION, EDUCATION AND ANIMAL CARE TO FURTHER THE ZOO'S MISSION AND SERVICE TO THE COMMUNITY.

    Expenses $49,889 · Grants $49,889

As filed on the 2022 return.

Listed in Part VII

  • John Slagter

    CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related

  • Vanessa Anton

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.1

  • Beth Reho

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related

  • Robert Littman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.4 related

  • Patrick McMahon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.2 related

  • Brian Renkas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1

  • Michele Santana

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 1.8 related

  • James Snider

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.7 related

  • Sophia Veillette

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.7 related

  • Doug Piekarz

    PRESIDENT & CEO

    Total calculated
    $320,202
    From this org
    $0
    From related orgs
    $255,635
    Other
    $64,567
    Hours/week
    4.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,323 related
    Bonus
    $0 + $46,312 related
    Other
    $0
    Deferred
    $0 + $33,592 related
    Nontaxable benefits
    $0 + $30,975 related
    Filer's total
    $0 + $320,202 related

  • Mellissa Reed

    CHIEF BUSINESS OFFICER & SR VP

    Total calculated
    $205,497
    From this org
    $0
    From related orgs
    $160,127
    Other
    $45,370
    Hours/week
    4.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $138,232 related
    Bonus
    $0 + $21,895 related
    Other
    $0
    Deferred
    $0 + $18,105 related
    Nontaxable benefits
    $0 + $27,265 related
    Filer's total
    $0 + $205,497 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
ALL COMPENSATION IS PAID BY THE RELATED ORGANIZATION. AN OUTSIDE HUMAN RESOURCES CONSULTANT CONDUCTS A MARKET ANALYSIS USING PUBLISHED SURVEY DATA (LOCAL AND NATIONAL). POSITIONS ARE EVALUATED USING A POINT FACTOR SYSTEM AND A SALARY RANGE IS ESTABLISHED FOR EACH POSITION. THE RECOMMENDED SALARY RANGES ARE APPROVED BY THE COMPENSATION AND EXECUTIVE COMMITTEES OF THE BOARD OF DIRECTORS.
PART I, LINE 6
MANAGEMENT'S GOALS INCLUDE INCREASING EARNED REVENUE AND FUND-RAISED REVENUE AND REDUCING EXPENSES TO USE LESS TAX PROCEEDS TO BALANCE INCOME AND EXPENSE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
10 October 2023
IRS schema version
2022v5.0
Source object
202302859349301510

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.