STRATEGY STUDIO / PUBLIC DATA EXPLORER

MANUFACTURING ADVOCACY & GROWTH NETWORK INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MANUFACTURING ADVOCACY & GROWTH NETWORK INC (EIN 34-1455043)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-14
IRS object ID
202641349349309439
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-14T15:24:41-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341523030PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOBER MARKEY FEDOROVICH & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13421 RIDGEWOOD ROAD SUITE 300AddressLine1Txt
CityAKRONCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44333ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341455043EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MANUFACTURING ADVOCACY & GROWTHBusinessNameLine1Txt
Business Name Line2NETWORK INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMANUBusinessNameControlTxt
Phone2165431222PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 EAST 63RD STREETAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIEL JACOBYPersonNm
Person TitleCFOPersonTitleTxt
Phone2165431222PhoneNum
Signature2026-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJESSICA L TEPUSPreparerPersonNm
PTINP01067325PTIN
Phone3307629785PhoneNum
Preparation2026-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1MAGNETBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerDANIEL JACOBYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 EAST 63RD STREETAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$20,420,680GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MANUFACTURINGSUCCESS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1984FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionTO SUPPORT, EDUCATE AND CHAMPION MANUFACTURING IN OHIO.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee112TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$12,894,431PYContributionsGrantsAmt
CY Contributions Grants$10,133,304CYContributionsGrantsAmt
PY Program Service Revenue$7,520,740PYProgramServiceRevenueAmt
CY Program Service Revenue$10,069,228CYProgramServiceRevenueAmt
PY Investment Income$218,760PYInvestmentIncomeAmt
CY Investment Income$218,148CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$20,633,931PYTotalRevenueAmt
CY Total Revenue$20,420,680CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,192,190PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,695,103CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$262,434CYTotalFundraisingExpenseAmt
PY Other Expenses$10,221,038PYOtherExpensesAmt
CY Other Expenses$11,689,270CYOtherExpensesAmt
PY Total Expenses$18,413,228PYTotalExpensesAmt
CY Total Expenses$20,384,373CYTotalExpensesAmt
PY Revenues Less Expenses$2,220,703PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$36,307CYRevenuesLessExpensesAmt
Total Assets BOY$21,275,293TotalAssetsBOYAmt
Total Assets EOY$23,149,037TotalAssetsEOYAmt
Total Liabilities BOY$1,712,123TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,549,560TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$19,563,170NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$19,599,477NetAssetsOrFundBalancesEOYAmt
MissionOUR MISSION IS TO DRIVE NORTHEAST OHIO MANUFACTURING GROWTH. WE WORK PRIMARILY WITH SMALL- AND MEDIUM-SIZED COMPANIES, WHICH MAKE UP 98% OF THE REGION'S NEARLY 10,000 MANUFACTURERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$10,253,042ExpenseAmt
Revenue$4,643,094RevenueAmt
DescGROWTH SERVICES: MAGNET IS AN ORGANIZATION DEDICATED TO HELPING MANUFACTURERS GROW AND COMPETE IN 24 COUNTIES IN NORTHEAST OHIO. AS PART OF THE OHIO MANUFACTURING EXTENSION PARTNERSHIP (MEP), MAGNET PROVIDES CONSULTING AND ENGINEERING SERVICES TO NE OHIO SMALL AND MID-SIZED MANUFACTURERS. THESE SERVICES INCLUDING PROCESS INNOVATION, AUTOMATION, PRODUCT DESIGN AND DEVELOPMENT, QUALITY MANAGEMENT, COMMERCIALIZATION, SALES & MARKETING, CYBER SECURITY, OPERATIONS AND EMPLOYEE ENGAGEMENT, EMPLOYEE DEVELOPMENT AND RETENTION, TALENT PIPELINE, START-UP SERVICES AND MORE. MAGNET ALSO SUPPORTS, EDUCATES, AND CHAMPIONS NE OHIO MANUFACTURING.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$3,614,447ExpenseAmt
Revenue$3,590,261RevenueAmt
DescTALENT (WORK FORCE/ECEC): WORK FORCE FACILITATES PROGRAMS BETWEEN STUDENTS/ADULTS AND LOCAL MANUFACTURERS WHO TRAIN THEM IN MANUFACTURING CAREERS AND TECHNICAL CERTIFICATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$757,966ExpenseAmt
Revenue$235,228RevenueAmt
DescNEW VENTURES: OUR GOAL TO ASSIST EARLY-STAGE, PRODUCT-FOCUSED BUSINESSES REACH MARKET ENTRY FASTER WITH REDUCED TECHNICAL RISK. THE NEW VENTURES AT MAGNET OFFERS SUBJECT MATTER EXPERTISE, PARTNERSHIPS AND CONNECTIONS WITH PROFESSIONALS IN NORTHEAST OHIO, ALONG WITH ACCESS TO REGIONAL TECHNICAL ASSETS THAT AN ENTREPRENEUR MAY NEED TO BRING A VISION TO LIFE.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,681,048ExpenseAmt
Revenue$1,600,644RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,681,048TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$1,600,644TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$16,306,503TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document67IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee112EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DANIEL JACOBYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2169731769PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 EAST 63RD STREETAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
AARON SWARTZ
TREASURER1.00Yes (X)Yes (X)$0$0$0
CAROLEE VANICEK
BOARD MEMBER1.00Yes (X)$0$0$0
DAVE JARUS
BOARD MEMBER1.00Yes (X)$0$0$0
DOUG LANCE
BOARD MEMBER1.00Yes (X)$0$0$0
ED STEELE
BOARD MEMBER1.00Yes (X)$0$0$0
ELIE MERHEB
BOARD MEMBER1.00Yes (X)$0$0$0
ERIC HILLENBRAND
BOARD MEMBER1.00Yes (X)$0$0$0
FELIX BRUECK
BOARD MEMBER1.00Yes (X)$0$0$0
JACK SCHRON
BOARD MEMBER1.00Yes (X)$0$0$0
JEFFREY SINCLAIR
BOARD MEMBER1.00Yes (X)$0$0$0
JOE MAJEWSKI
BOARD MEMBER1.00Yes (X)$0$0$0
JOHN BRANDT
BOARD MEMBER1.00Yes (X)$0$0$0
KEVIN JOHNSON
BOARD MEMBER1.00Yes (X)$0$0$0
LARRY FULTON
BOARD MEMBER1.00Yes (X)$0$0$0
MARCIA BALLINGER
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL CANTY
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL OAKES
BOARD MEMBER1.00Yes (X)$0$0$0
MIKE LAUBER
BOARD MEMBER1.00Yes (X)$0$0$0
PETER BROER
BOARD MEMBER1.00Yes (X)$0$0$0
SANJAY SINGH
BOARD MEMBER1.00Yes (X)$0$0$0
SCOTT CADE
BOARD MEMBER1.00Yes (X)$0$0$0
STEPHANIE ONDERKO
BOARD MEMBER1.00Yes (X)$0$0$0
STEPHEN LOVASS
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
STEVEN SENKFOR
BOARD MEMBER1.00Yes (X)$0$0$0
TIM ROSENGARTEN
BOARD MEMBER1.00Yes (X)$0$0$0
VINOD PURAYATH
BOARD MEMBER1.00Yes (X)$0$0$0
WAYNE OSTROSKY
BOARD MEMBER1.00Yes (X)$0$0$0
BILL JOHNSON
BOARD MEMBER1.00Yes (X)$0$0$0
LEE WATSON
BOARD MEMBER1.00Yes (X)$0$0$0
MIKE WHITEHEAD
BOARD MEMBER1.00Yes (X)$0$0$0
RICK ORGAN
BOARD MEMBER1.00Yes (X)$0$0$0
SETH UHRMAN
BOARD MEMBER1.00Yes (X)$0$0$0
TIFFANY HANISCH
BOARD MEMBER1.00Yes (X)$0$0$0
PETER PLETCHER
BOARD MEMBER1.00Yes (X)$0$0$0
ED KNEITEL
SECRETARY (THROUGH JANUARY 2025)40.00Yes (X)$177,708$0$14,160
ETHAN KARP
PRESIDENT & CEO40.00Yes (X)$559,167$0$37,193
DANIEL JACOBY
CFO & SECRETARY (AS OF JANUARY 2025)40.00Yes (X)$34,722$0$1,088
ARAM NERPOUNI
CHIEF WORKFORCE ADVANCEMENT OFFICER40.00$289,593$0$34,423Yes (X)
MICHAEL O'DONNELL
CHIEF OPERATING OFFICER40.00$247,876$0$24,290Yes (X)
BASSAM KHOURY
DIRECTOR, OPERATIONS EXCEL40.00$205,886$0$30,237Yes (X)
JOSEPH WORK
SENIOR GROWTH & INNOVATION40.00$165,948$0$28,240Yes (X)
LEAH EPSTEIN
CHIEF DEVELOPMENT & ENGAGEMENT OFFICER40.00$200,103$0$21,989Yes (X)
MATTHEW FIELDMAN
EXECUTIVE DIRECTOR, AMERICA WORKS40.00$172,500$0$24,997Yes (X)
KIRK K NEISWANDER
PRESIDENT & FOUNDER, EDGE40.00$170,750$0$22,010Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,224,253TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$238,627TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K15IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TOWARDS EMPLOYMENT
3301 ST CLAIR AVE NECLEVELANDOH44114WORKFORCE DEVELOPMENT$763,221
RADYNE CORPORATION
211 W BODEN STREETMILWAUKEEWI53207ENGINEERING$391,500
HEXAGON MANUFACTURING INTELLIGENCE
250 CIRCUIT DRIVENORTH KINGSTOWNRI02852ENGINEERING$235,475
DRAKE MANUFACTURING
4371 NORTH LEAVITT ROAD NWWARRENOH44485ENGINEERING$187,920
KEYSTONE TECHNOLOGY CONSULTANTS INC
787 WYE RDAKRONOH44333IT SUPPORT$172,922
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K15CntrctRcvdGreaterThan100KCnt
Related Organizations$140,000RelatedOrganizationsAmt
Government Grants$8,978,100GovernmentGrantsAmt
All Other Contributions$1,015,204AllOtherContributionsAmt
Total Contributions$10,133,304TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INDUSTRIAL REVENUE541900$5,913,630$5,913,630
TALENT541900$3,590,261$3,590,261
OTHER REVENUE532000$453,421$453,421
RENTAL REVENUE900099$111,916$111,916
FieldValueIRS element (for citing)
Total Program Service Revenue$10,069,228TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$218,148TotalRevenueColumnAmt
Exclusion$218,148ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,420,680TotalRevenueColumnAmt
Related Or Exempt Func Income$10,069,228RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$218,148ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,292,437TotalAmt
Program Services$1,101,797ProgramServicesAmt
Management And General$163,512ManagementAndGeneralAmt
Fundraising$27,128FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,869,825TotalAmt
Program Services$4,151,507ProgramServicesAmt
Management And General$616,102ManagementAndGeneralAmt
Fundraising$102,216FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,005,175TotalAmt
Program Services$1,709,826ProgramServicesAmt
Management And General$254,487ManagementAndGeneralAmt
Fundraising$40,862FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$527,666TotalAmt
Program Services$451,840ProgramServicesAmt
Management And General$64,798ManagementAndGeneralAmt
Fundraising$11,028FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$206,087TotalAmt
Program Services$187,805ProgramServicesAmt
Management And General$18,282ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$56,811TotalAmt
Program Services$51,771ProgramServicesAmt
Management And General$5,040ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,508,211TotalAmt
Program Services$5,019,587ProgramServicesAmt
Management And General$488,624ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$355,284TotalAmt
Program Services$343,721ProgramServicesAmt
Management And General$11,563ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$55,471TotalAmt
Program Services$7,590ProgramServicesAmt
Management And General$47,881ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$759,892TotalAmt
Management And General$759,892ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,481,917TotalAmt
Program Services$1,338,344ProgramServicesAmt
Management And General$143,573ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$21,947TotalAmt
Management And General$21,947ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$445,372TotalAmt
Management And General$445,372ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$89,300TotalAmt
Management And General$89,300ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MATERIALS AND EQUIPMENT$2,184,822$1,914,431$270,391
MISCELLANEOUS$200,859$28,112$91,547$81,200
REPAIRS AND MAINTENANCE$195,224$172$195,052
UTILITIES$102,643$102,643

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$25,430TotalAmt
Management And General$25,430ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,384,373TotalAmt
Program Services$16,306,503ProgramServicesAmt
Management And General$3,815,436ManagementAndGeneralAmt
Fundraising$262,434FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$864,307BOYAmt
EOY$1,361,138EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,129,229BOYAmt
EOY$2,760,740EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$769,571BOYAmt
EOY$102,294EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,928,683BOYAmt
EOY$15,107,702EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$115,832BOYAmt
EOY$287,390EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,767,867LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,807,872LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,334,623BOYAmt
EOY$2,959,995EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$133,048BOYAmt
EOY$569,778EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$21,275,293BOYAmt
EOY$23,149,037EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,231,057BOYAmt
EOY$1,999,491EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$481,066BOYAmt
EOY$1,550,069EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,712,123BOYAmt
EOY$3,549,560EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$19,304,267BOYAmt
EOY$19,498,859EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$258,903BOYAmt
EOY$100,618EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,563,170BOYAmt
EOY$19,599,477EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,275,293BOYAmt
EOY$23,149,037EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$36,307ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,633,956CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,914,507CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,124,167CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,622,431CurrentTaxYearMinus1YearAmt
Current Tax Year$10,133,304CurrentTaxYearAmt
Total$53,428,365TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,633,956CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,914,507CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,124,167CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,622,431CurrentTaxYearMinus1YearAmt
Current Tax Year$10,133,304CurrentTaxYearAmt
Total$53,428,365TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,208,678SubstantialContributorsTotAmt
Public Support Total170$52,219,687PublicSupportTotal170Amt
Total Support$53,428,365TotalSupportAmt
Public Support CY1700.97740PublicSupportCY170Pct
Public Support PY1700.97570PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$76,200FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$76,200FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$20,308,173FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$20,384,373FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$907,857CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$3,907,857TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$5,861,786LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$55,000CurrentYearMinus3Amt
Current Year Minus2$60,250CurrentYearMinus2Amt
Current Year Minus1$80,064CurrentYearMinus1Amt
Current Year$76,200CurrentYearAmt
Total$271,514TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$226,964CurrentYearMinus3Amt
Current Year Minus2$25,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$751,964TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,127,946GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$705,103OtherCostOrOtherBasisAmt
Depreciation$49,719DepreciationAmt
Book Value$655,384BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$70,059OtherCostOrOtherBasisAmt
Depreciation$3,904DepreciationAmt
Book Value$66,155BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,992,705OtherCostOrOtherBasisAmt
Depreciation$2,754,249DepreciationAmt
Book Value$2,238,456BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,959,995TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$19,980,680TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$19,980,680RevenueSubtotalAmt
Other Revenues Not Included$440,000OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$440,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$20,420,680TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$20,384,373TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$20,384,373ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$20,384,373TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THE INCOME TAXES TOPIC OF THE FASB ASC, THE ORGANIZATION IS REQUIRED TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS TAKEN, ASSESS AND QUANTIFY THOSE POSITIONS AND RECORD RESERVES. AS OF AND FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, THE ORGANIZATION IDENTIFIED NO UNCERTAIN TAX POSITIONS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FACILITIES DONATED TO SUPPORTING ORG - MAGNET QALICB INC.
PART X, LINE 2THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THE INCOME TAXES TOPIC OF THE FASB ASC, THE ORGANIZATION IS REQUIRED TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS TAKEN, ASSESS AND QUANTIFY THOSE POSITIONS AND RECORD RESERVES. AS OF AND FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, THE ORGANIZATION IDENTIFIED NO UNCERTAIN TAX POSITIONS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ETHAN KARP
PRESIDENT & CEO$444,167$0$115,000$0$0$0$17,250$0$19,943$0$596,360$0$0$0
ARAM NERPOUNI
CHIEF WORKFORCE ADVANCEMENT OFFICER$274,593$0$15,000$0$0$0$14,480$0$19,943$0$324,016$0$0$0
MICHAEL O'DONNELL
CHIEF OPERATING OFFICER$232,876$0$15,000$0$0$0$9,647$0$14,643$0$272,166$0$0$0
BASSAM KHOURY
DIRECTOR, OPERATIONS EXCEL$198,886$0$7,000$0$0$0$10,294$0$19,943$0$236,123$0$0$0
LEAH EPSTEIN
CHIEF DEVELOPMENT & ENGAGEMENT OFFIC$190,103$0$10,000$0$0$0$9,598$0$12,391$0$222,092$0$0$0
MATTHEW FIELDMAN
EXECUTIVE DIRECTOR, AMERICA WORKS$172,500$0$0$0$0$0$8,625$0$16,372$0$197,497$0$0$0
JOSEPH WORK
SENIOR GROWTH & INNOVATION$165,948$0$0$0$0$0$8,297$0$19,943$0$194,188$0$0$0
KIRK K NEISWANDER
PRESIDENT & FOUNDER, EDGE$165,750$0$5,000$0$0$0$7,367$0$14,643$0$192,760$0$0$0
ED KNEITEL
SECRETARY (THROUGH JANUARY 2025)$177,708$0$0$0$0$0$7,635$0$6,525$0$191,868$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM FROM INFORMATION PROVIDED BY MANAGEMENT. MANAGEMENT REVIEWS A PRELIMINARY COPY WITH THE FINANCE COMMITTEE. FINAL COPIES ARE PROVIDED TO BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD SIGNS A CONFLICT OF INTEREST POLICY ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD ANALYZES THE ANNUAL PERFORMANCE REVIEWS AND COMPARES COMPENSATION FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS TO DETERMINE COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19CURRENT GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GCONTRACT SERVICE, PROJECTS: PROGRAM SERVICE EXPENSES 5,019,587. MANAGEMENT AND GENERAL EXPENSES 488,624. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,508,211.
FORM 990, PART XII, LINE 2C:THERE HAVE BEEN NO CHANGES TO THE PROCESS FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1MAGNET QALICB INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 EAST 63RD STREETAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd
FieldValueIRS element (for citing)
EIN882834792EIN
Primary ActivitiesSUPPORTING ORGPrimaryActivitiesTxt
Legal Domicile StateOHLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
MAGNET QALICB INC
Q$440,000CASH
MAGNET QALICB INC
K$742,560CASH
MAGNET QALICB INC
C$140,000CASH