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OHIO IOTA FOUNDATION

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Public IRS 990 nonprofit record

OHIO IOTA FOUNDATION

EIN 88-0620041 · Scholarships & Student Financial Aid (B82)

What they do

THE GENERAL PURPOSE for WHICH THIS CORPORATION is BEING FORMED and ORGANIZED is EXCLUSIVELY for CHARITABLE and EDUCATIONAL PURPOSES WITHIN THE MEANING of SECTION 501(C) of THE INTERNAL REVENUE CODE of 1986 (OR THE CORRESPONDING PROVISIONS of ANY FUTURE UNITED STATES INTERNAL REVENUE LAW). THIS PURPOSE MAY BE ACCOMPLISHED: BY FUNDRAISING and PROVIDING SCHOLARSHIPS and OTHER FINANCIAL ASSISTANCE to WORTHY or NEEDY STUDENTS to ENCOURAGE THEM IN THEIR EDUCATIONAL PURSUITS or to ENABLE THEM to ATTEND THE UNIVERSITY of AKRON; and BY SUCH OTHER MEANS and METHODS AS THE DIRECTORS of THIS CORPORATION MAY FROM TIME to TIME DETERMINE to BE APPROPRIATE for THE ACCOMPLISHMENT of THE SPECIFIC PURPOSE for WHICH THE CORPORATION is FORMED, and WHICH ARE NOT CONTRARY to THE OTHER TERMS and PROVISIONS HEREOF.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders1 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

18.96%of revenue went to mission work100.0% of expenses · Program services

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,160
Mission workProgram services$59918.96% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$2,56181.04% of revenueShown in gray on the chart
Total expenses$59918.96% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Expenses$599

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$599 · 100.0% of expenses
See all reported dollar amounts
Expenses$599
Contributions$3,160
Mission work (program services)$599
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (1)

COLIN SIMPRINCIPAL OFFICER

About this charity

Recognized since
January 2022
Location
9061 BROOKLEDGE AVE NW, NORTH CANTON, OH 44720-8292
County
Summit
In care of
% COLIN MICHAEL SIM
Primary officer
COLIN M SIM, PRESIDENT/TREASURER

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2022
Return type
990
Tax preparer
SCHULTE & COMPANY CPAS INC
NTEE classification
Scholarships & Student Financial Aid (B82)
IRS tax category
Scholarships & Student Financial Aid

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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