The Entrepreneurs Edge

Independence, OHUnknown exempt organization EIN 56-2485594Revenue $623K in FY2023Latest return filed Mar 25, 2024

On file with the IRSedgef.orgIndependence, OH

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To enhance economic development in northeast ohio through innovation and entrepreneurship.

49¢ of each $1 spent went to programs.
Run by 75 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $314K a year · 26% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
49%
of spending
Concern: 49% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$342K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$623K
+3% vs prior year
Spent
$891K
To programs
49%
Net assets
$0
By yearFY2020–FY2023
Revenue
$623K
FY2023▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.6M
FY2021$1.1M
FY2022$606K
FY2023$623K
Expenses
$891K
FY2023▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$942K
FY2021$954K
FY2022$842K
FY2023$891K
Net assets
$0
FY2023▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.6M
FY2021$3.8M
FY2022$3.0M
FY2023$0

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

49 cents of each dollar spent went to programs.

Program services 49% · $437K Management & general 49% · $441K Fundraising 1% · $13K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $342K paid to officers and key staff.

Part VII, Section A · reportable compensation
$233,917Pt VII · Sec A
$108,160Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
D Kirk Neiswander$233,917$216,096$218,727$216,000
Douglas Suna$108,160$126,800$121,000—

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.

See The Entrepreneurs Edge executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Boosts Northeast Ohio's economy through innovation and entrepreneurship.

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1 program · $437K · in their own filed words · FY2023
01

Edge's vision is to make northeast ohio a preeminent location for midsize companies. With that in mind, we provide 4 primary PROGRAMS.1) membership - edge designs educational programs for member midsize company ceos and their leadership teams to learn with and from each other via peer-to-peer learning and outside EXPERTS.2) scalerator -…

$437Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$623K
Ln 12
Fees for servicesLn 2g$468K
Investment incomeLn 3$84K
Gifts and grantsLn 1h$36K
Money outPt IX
$891K
Ln 25
Programscol B$437K
Managementcol C$441K
Fundraisingcol D$13K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$36K
Fees for servicesLn 2g$468K
Investment incomeLn 3$84K
Other incomeLn 4–11$35K
Gains on assetsLn 7−$10K
Total revenueLn 12$623K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 54
VolunteersI 675
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$693K$0
InvestmentsLn 11–13$2.3M$0
Land, buildings, equipmentLn 10c$7K$0
Total assetsLn 16$3.4M$0
LiabilitiesLn 26$394K$0
Net assetsLn 32$3.0M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$298K$145K$147K$6K
Other salaries and wagesLn 7$304K$146K$152K$6K
Pension plan contributionsLn 8$39K$19K$19K$786
Other employee benefitsLn 9−$5K−$5K
Payroll taxesLn 10$39K$20K$19K$764
Legal feesLn 11b$13K$13K
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$92K$88K$5K
Advertising and promotionLn 12$49K$49K
Office expensesLn 13$5K$326$5K
Information technologyLn 14$8K$8K
TravelLn 17$20K$11K$10K−$714
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$1K$1K
All other expensesLn 24e$8K$7K$262$713
Total functional expensesLn 25$891K$437K$441K$13K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Mar 25, 2024 $623K$891K−$269K$0 990 PDF
FY2022Filed with the IRS Nov 1, 2023 $606K$842K−$236K$3.0M 990 PDF
FY2021Filed with the IRS Oct 27, 2022 $1.1M$954K$105K$3.8M 990 PDF
FY2020Filed with the IRS Oct 26, 2021 $2.6M$942K$1.7M$3.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $622,610 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $74,205$36,000
I-9 Program service revenuePrior year $425,377$467,801
I-10 Investment incomePrior year $61,536$84,282
I-11 Other revenuePrior year $44,805$34,527
I-12 Total revenuePrior year $605,923$622,610
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $633,213$675,600
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $208,578$215,723
I-18 Total expensesPrior year $841,791$891,323
I-19 Revenue less expensesPrior year −$235,868−$268,713
Part VI · Governance 4 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $622,610 across 7 lines filed
VIII-1f All other contributions, gifts and grants$36,000
VIII-1h Total contributions, gifts and grants$36,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $467,801$467,801
VIII-3 Investment incomeExcluded from tax $94,173$94,173
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$9,891−$9,891
VIII-8 Net income from fundraising eventsExcluded from tax $34,527$34,527
VIII-12 Total revenueRelated to mission $467,801 · Unrelated business $0 · Excluded from tax $118,809$622,610
Part IX · Statement of functional expenses $891,323 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $145,136 · Management $146,831 · Fundraising $5,811$297,778
IX-7 Other salaries and wagesPrograms $146,495 · Management $151,988 · Fundraising $5,803$304,286
IX-8 Pension plan contributionsPrograms $19,253 · Management $19,253 · Fundraising $786$39,292
IX-9 Other employee benefitsManagement −$5,055−$5,055
IX-10 Payroll taxesPrograms $19,626 · Management $18,909 · Fundraising $764$39,299
IX-11b Legal feesManagement $12,739$12,739
IX-11c Accounting feesManagement $15,858$15,858
IX-11g Other fees for servicesPrograms $87,900 · Management $4,503$92,403
IX-12 Advertising and promotionManagement $48,660$48,660
IX-13 Office expensesPrograms $326 · Management $5,102$5,428
IX-14 Information technologyManagement $7,881$7,881
IX-17 TravelPrograms $11,407 · Management $9,601 · Fundraising −$714$20,294
IX-22 Depreciation, depletion and amortizationManagement $2,977$2,977
IX-23 InsuranceManagement $1,264$1,264
IX-24e All other expensesPrograms $7,244 · Management $262 · Fundraising $713$8,219
IX-25 Total functional expensesPrograms $437,387 · Management $440,773 · Fundraising $13,163$891,323
Part X · Balance sheet $0 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $15,647$0
X-2 Savings and temporary cash investmentsStart of year $677,279$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $17,859$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $7,131$0
X-11 Publicly traded securitiesStart of year $2,345,607$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $333,687$0
X-16 Total assetsStart of year $3,397,210$0
X-25 Other liabilitiesStart of year $333,811$0
X-26 Total liabilitiesStart of year $393,731$0
X-27 Net assets without donor restrictionsStart of year $3,003,479$0
X-32 Total net assets or fund balancesStart of year $3,003,479$0
X-33 Total liabilities and net assetsStart of year $3,397,210$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$622,610
XI-2 Total expenses$891,323
XI-3 Revenue less expenses−$268,713
XI-4 Net assets at start of year$3,003,479
XI-5 Net unrealized gains (losses) on investments$142,694
XI-9 Other changes in net assets−$2,877,460
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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