Canton Professional Educators Association EIN 34-1097334 Form 990 (PDF) Claim this org

Canton Professional Educators Association

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Advocates for members through representation, training, and education. For fiscal year 2025 it reported $359K in revenue, $295K in expenses, and $1.4M in net assets.Pt I

Type
Business league / trade association · Nonprofit
Location
Canton, OH
Website
www.cpeaohio.com
Filings
6 on file (2020–2025)
Revenue
$359KFY2025
Expenses
$295K
Net assets
$1.4M
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  34-1097334 Business league / trade association Canton, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Advocates for members through representation, training, and education.
Leadership
Darren Furno · Treasurer · $6K
Money in and out
$359K revenue, $295K expenses
Bottom line
+18% operating surplus
Membership & operating revenue · FY2025
Total revenue
$359K
Pt VIII · Ln 12
Total expenses
$295K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $64K
Where spending went · Part IX cols B–D
Program services $1.00
Operating surplus
+18%
revenue over expenses▲ +183% vs prior filing year
Earned revenue
87%
of revenue from program services & dues▼ -8% vs prior filing year
Payroll share
22%
of spending is salaries & benefits▲ +24% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$359K
FY2025▲ +37%
Expenses
$295K
FY2025▼ -8%
Total assets
$1.4M
FY2025▲ +5%
Total liabilities
$6K
FY2025▲ +31%
Total revenue
$359K
Pt VIII · Ln 12
Total expenses
$295K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$64K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 368
Independent voting membersPt I · Ln 468

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCanton Professional Educators Association
EINHdr · item D34-1097334
Principal addressHdr · item CCanton, OH
WebsiteHdr · item Jwww.cpeaohio.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1972

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a68
Independent voting membersPt VI · Ln 1b68
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Treasurer
$6,410Pt VII · Sec A
President
$5,510Pt VII · Sec A
Vice President
$5,510Pt VII · Sec A
$2,110Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Paul Palomba$5,500$4,361$9,400$5,400
Lynne Watson$5,340$4,361$9,400$5,400
Darren Furno$6,410$6,218
Darren Furno$6,350$5,461$6,200$1,869
Paul Palomba$5,510$5,718
Lynne Watson$5,510$5,718
Bobbie Grim$4,869
Karen Loutzenheiser$2,250$1,865$300$2,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $295K of program spending, described in the organization's own filed words · FY2024.
01

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$295Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$313K · 87%
Other revenue$25K · 7%
Investment income$21K · 6%
Program service revenue87%$313K
Other revenue7%$25K
Investment income6%$21K
Total revenueLn 12$359K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$295K
Total functional expensesLn 25$295K

Balance Sheet

Part X · end of year
CashLn 1$545K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$6K
Total net assetsLn 32$1.4M
Months of cash on handcomputed22.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $603K · Operating expenses/yr $295K
24.6 months
Where the money goes
Program services
Program services — · Total expenses $295K
Management & General
Management & general — · Total expenses $295K
Fundraising
Fundraising — · Total expenses $295K
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $359K
0%
Government reliance
Government grants — · Total revenue $359K
Earned-income share
Program service revenue $313K · Total revenue $359K
87%
Investment reliance
Investment income $21K · Total revenue $359K
+6%
Program self-sufficiency
Program service revenue $313K · Total expenses $295K
106%
Growth & trend
Revenue growth (YoY)
This year $359K · Prior year $262K
+37%
Revenue CAGR
FY2019 $255K · FY2024 $359K
+7%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $359K · Expenses $295K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $58K · Total assets (Pt X, ln 16) $1.4M
4%
People & payroll
Highest Reported Total Compensation
Individual Darren Furno · Reported title Treasurer · Highest reported compensation $6K · Total expenses $295K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $64K · Total expenses $295K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 37%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$212K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$359K revenue · viewing · ⤓ 990 PDF
FY2024$262K revenue · ⤓ 990 PDF
FY2023$262K revenue · ⤓ 990 PDF
FY2022$251K revenue · ⤓ 990 PDF
FY2021$243K revenue · ⤓ 990 PDF
FY2020$255K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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