Williams Challenge
- Assets
- $102.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 05/2003
- Data as of
- 12/2023
- EIN
- 74-3061888
Organization Overview
Williams Challenge is located in Akron, OH. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williams Challenge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Williams Challenge generated $145.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $122.3k during the year ending 12/2023. While expenses have increased by 16.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Williams Jr Treasurer | 5 | $0 | |
Tobias Williams Vice President | 5 | $0 | |
Rodney Neal Secretary | 5 | $0 | |
Robert Mccormick Borad Member | 5 | $0 | |
Jamison Williams President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,438 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,884 |
| Other Revenue | $4 |
| Total Revenue | $145,326 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $96,714 |
| Occupancy, rent, utilities, and maintenance | $1,250 |
| Printing, publications, postage, and shipping | $424 |
| Other expenses | $18,879 |
| Total expenses | $122,267 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,814 |
| Other assets | $0 |
| Total assets | $102,391 |
| Total liabilities | $0 |
| Net assets or fund balances | $102,391 |