Nonprofit · EIN 83-1400463
APEX FUND FOR ECONOMIC OPPORTUNITIES
Tax-exempt · AKRON, OH 44304
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $289,225 | $157,815 | $131,410 | $532,563 | $131,064 | $401,499 |
| June 30, 2024 | 990 | $405,224 | $172,350 | $232,874 | $337,964 | $60,575 | $277,389 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $269,926
- of which government grants
- $146,395
- Program service revenue
- $0
- Investment income
- $11,098
- Other revenue
- $8,201
Expenses
- Grants and similar amounts paid
- $2,800
- Other salaries and wages
- $95,589
- Salaries, compensation and benefits (total)
- $110,070
- Professional fundraising fees
- $0
- Occupancy
- $9
- Travel
- $57
- Program services (functional)
- $129,733
- Management and general (functional)
- $22,301
- Fundraising (functional)
- $5,781
Balance sheet and other
- Total assets, start of year
- $337,964
- Total assets, end of year
- $532,563
- Total liabilities, end of year
- $131,064
- Net assets, end of year
- $401,499
- Net assets without donor restrictions
- $401,499
- Gross receipts
- $289,225
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2020
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SUSAN WONG | EXECUTIVE DIRECTOR Officer | 15 | $0 | $103,325 |
| BHUPATI PRADHAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SERENA LU | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROT SORN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Susan Wong | Executive Director Trustee or director, Officer | 15 | $33,204 | $3,592 |
| Bhupati Pradhan | President Trustee or director, Officer | 1 | $0 | $0 |
| Serena Lu | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Rot Sorn | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 370 E MARKET ST, AKRON, OH 44304-1526
- In care of
- % SUSAN WONG
- Mailing address (990-N for 2022)
- 370 E MARKET STREET, AKRON OH 44304
- Principal officer (990 for 2024)
- SUSAN WONG, 370 EAST MARKET STREET, AKRON, OH 44304
- Principal officer (990-N for 2022)
- SUSAN WONG, 370 E MARKET STREET, AKRON OH 44304
- Signed the 990
- SUSAN WONG, EXECUTIVE DIRECTOR
- Phone
- (330) 535-3263
- Return prepared by
- REA & ASSOCIATES INC
Mission
TO FOSTER FINANCIAL INDEPENDENCE AND COMMUNITY INTEGRATION BY OFFERING MICROLOANS, BUSINESS SUPPORT SERVICES, AND FINANCIAL LITERACY EDUCATION.
Program accomplishments
- TO FOSTER FINANCIAL INDEPENDENCE AND COMMUNITY INTEGRATION BY OFFERING MICROLOANS, BUSINESS SUPPORT SERVICES, AND FINANCIAL LITERACY EDUCATION.Expenses $129,733 · grants $2,800
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 83-1400463
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $532,563
- Income (IRS master file)
- $289,225
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $289,225 | $157,815 | $532,563 | IRS |
| 990 | June 2024 | $405,224 | $172,350 | $337,964 | IRS |
| 990-N for 2022 Officer: SUSAN WONG | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-1400463).
Questions about APEX FUND FOR ECONOMIC OPPORTUNITIES
- What is the EIN of APEX FUND FOR ECONOMIC OPPORTUNITIES?
- The employer identification number (EIN) of APEX FUND FOR ECONOMIC OPPORTUNITIES is 83-1400463.
- Is APEX FUND FOR ECONOMIC OPPORTUNITIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to APEX FUND FOR ECONOMIC OPPORTUNITIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does APEX FUND FOR ECONOMIC OPPORTUNITIES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of APEX FUND FOR ECONOMIC OPPORTUNITIES due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did APEX FUND FOR ECONOMIC OPPORTUNITIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of APEX FUND FOR ECONOMIC OPPORTUNITIES?
- The 990 for the year ended June 30, 2025 names SUSAN WONG.
- Who are the officers and directors of APEX FUND FOR ECONOMIC OPPORTUNITIES?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does APEX FUND FOR ECONOMIC OPPORTUNITIES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $289,225, expenses of $157,815 and total assets of $532,563 at year end.
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All nonprofits in AKRON · Ohio · Community improvement and capacity building