Witan Corp EIN 83-2817231

Witan Corp

EIN  83-2817231 Public charity (501(c)(3)) Fairlawn, OH
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Witan Corp claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Encourages women's volunteerism, civic education, and fundraising for community needs.
Leadership
Laurel Marsillo · President
Money in and out
$210K revenue, $214K expenses
Bottom line
86% program efficiency

Encourages women's volunteerism, civic education, and fundraising for community needs. For fiscal year 2025 it reported $210K in revenue, $214K in expenses, and $524K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$214K
Pt IX · Ln 25
Net assets
$524K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
29.4mo
months of highly liquid reserves at operating expense rate▼ -27% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▼ -118% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$210K
FY2025▲ +18%
Expenses
$214K
FY2025▲ +37%
Total assets
$524K
FY2025▼ -0.8%
Total liabilities
$0
FY2025
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$214K
Pt IX · Ln 25
Net assets
$524K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$524K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $184K of program spending, described in the organization's own filed words · FY2024.
01

Grants

Civic - In its history, WITAN Corp has given money and hours of volunteer service to the greater Akron Community

$184Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWitan Corp
EINHdr · item D83-2817231
Principal addressHdr · item CFairlawn, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S81)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
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
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
General Director
$0Pt VII · Sec A
Communications
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Witan Corp executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Other revenue$88K · 42%
Contributions & grants$69K · 33%
Investment income$30K · 14%
Program service revenue$22K · 11%
Other revenue42%$88K
Contributions & grants33%$69K
Investment income14%$30K
Program service revenue11%$22K
Total revenueLn 12$210K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$184K
Management & general14%$30K
Total functional expensesLn 25$214K

Balance Sheet

Part X · end of year
CashLn 1$524K
Total assetsLn 16$524K
Total liabilitiesLn 26$0
Total net assetsLn 32$524K
Months of cash on handcomputed29.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $524K · Operating expenses/yr $214K
29.4 months
Where the money goes
Program services
Program services $184K · Total expenses $214K
86%
Management & General
Management & general $30K · Total expenses $214K
14%
Fundraising
Fundraising $0 · Total expenses $214K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $52K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $69K · Total revenue $210K
33%
Government reliance
Government grants — · Total revenue $210K
Earned-income share
Program service revenue $22K · Total revenue $210K
11%
Investment reliance
Investment income $30K · Total revenue $210K
+14%
Program self-sufficiency
Program service revenue $22K · Total expenses $214K
10%
Growth & trend
Revenue growth (YoY)
This year $210K · Prior year $177K
+18%
Net-asset trend (YoY)
End of year $524K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $210K · Expenses $214K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $524K
Net-asset ratio
Net assets $524K · Total assets $524K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $524K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laurel Marsillo · Reported title President · Highest reported compensation $0 · Total expenses $214K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $214K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Fundraising cost ratio 0%
Revenue growth 18%
Investment management fee ratio 0.9%
Accounting fee ratio 3%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$55K
See all 3 funders →
Grants paid · 30 grants · $294K · 2021–2024
Open MOH · FY2024$10,000
Open MOH · FY2023$10,000
Peter Maurin Center of AkronOH · FY2023$10,000
Vincent House INCNY · FY2023$7,500
Limitless Ambition INCOH · FY2023$7,000
Core Furniture BankOH · FY2023$7,000
Blessings in a Backpack INCKY · FY2023$7,000
Crossings AkronOH · FY2023$6,336
Core Furniture BankOH · FY2022$10,000
Open MOH · FY2022$10,000
The Rape Crisis CenterOH · FY2022$10,000
Battered Womens ShelterOH · FY2022$10,000
Blessings in a Backpack INCKY · FY2022$8,000
See all 30 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Witan Corp →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$210K revenue · viewing · ⤓ 990 PDF
FY2024$177K revenue · ⤓ 990 PDF
FY2023$171K revenue · ⤓ 990 PDF
FY2022$128K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.