Nonprofit · EIN 85-4036611
TOLEDO TOMORROW
Tax-exempt · TOLEDO, OH 43604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,127,663 | $854,385 | $273,278 | $731,163 | $208,130 | $523,033 |
| December 31, 2023 | 990 | $802,434 | $573,999 | $228,435 | $550,219 | $300,464 | $249,755 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,099,669
- of which government grants
- $887,322
- Program service revenue
- $0
- Investment income
- $27,994
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $505,692
- Salaries, compensation and benefits (total)
- $577,634
- Professional fundraising fees
- $0
- Occupancy
- $16,700
- Program services (functional)
- $696,748
- Management and general (functional)
- $157,637
Balance sheet and other
- Total assets, start of year
- $550,219
- Total assets, end of year
- $731,163
- Total liabilities, end of year
- $208,130
- Net assets, end of year
- $523,033
- Gross receipts
- $1,127,663
- Employees
- 24
- Volunteers
- 4
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT J SAVAGE | PRESIDENT Trustee or director, Officer | 50 | $0 |
| MYRON DUHART | DIRECTOR Trustee or director | 1 | $0 |
| GREG FESS | DIRECTOR Trustee or director | 1 | $0 |
| AMELIA GIBBONS | DIRECTOR Trustee or director | 1 | $0 |
| HOUSTON YOUNG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT J SAVAGE | PRESIDENT Trustee or director, Officer | 50 | $0 |
| GREG FESS | DIRECTOR Trustee or director | 1 | $0 |
| HOUSTON YOUNG | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 425 JEFFERSON AVE STE 905, TOLEDO, OH 43604-1053
- In care of
- % ROBERT SAVAGE
- Mailing address (990-N for 2020)
- 425 Jefferson Avenue Suite 700, Toledo OH 43604
- Principal officer (990 for 2024)
- ROBERT J SAVAGE, 425 JEFFERSON AVENUE 905, TOLEDO, OH 43604
- Principal officer (990-N for 2020)
- Robert J Savage, 330 E Harrison Street, Maumee OH 43537
- Signed the 990
- ROBERT J SAVAGE, PRESIDENT
- Phone
- (419) 697-9696
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
AT TOLEDO TOMORROW, OUR MISSION IS TO ELIMINATE BARRIERS TO STUDENT SUCCESS AND ENSURE ACCESS TO MEANINGFUL EDUCATION AND CAREER OPPORTUNITIES, REGARDLESS OF BACKGROUND OR CIRCUMSTANCE. WE ARE DEDICATED TO SUPPORTING HIGH-QUALITY EDUCATION FOR EVERY PERSON IN LUCAS COUNTY AND THE SURROUNDING AREAS, WITH THE GOAL OF CREATING GENERATIONAL ECONOMIC CHANGE FOR THE BETTERMENT OF OUR FAMILIES AND COMMUNITY.
Program accomplishments
- COLLEGE AND CAREER ACCESS WORK WITH SCHOOL DISTRICTS COVERING MORE THAN 10,000 HIGH SCHOOL STUDENTS DOING PRESENTATIONS, COLLEGE VISITS, COLLEGE NIGHTS, COLLEGE & CAREER/JOB FAIRS, HELPING WITH COLLEGE APPLICATIONS, SCHOLARSHIP APPLICATIONS, RESUME WORKSHOPS, AND COMPANY TOURS. APPLICATIONS TO LOCAL COLLEGES ARE UP 18% AND ADMITTANCE IS UP 19%.Expenses $516,748
- WORK TO INCREASE COLLEGE DEGREES OR POST-SECONDARY CERTIFICATIONS BY HELPING MAKE COLLEGE MORE AFFORDABLE BY COMPLETING THE FAFSA FOR NEED BASED AID. WE WORK WITH 2,700 SENIORS ACROSS FIVE MAINLY HIGH POVERTY, URBAN DISTRICTS, BUT ALSO IN SOME RURAL DISTRICTS. ABOUT 47% OF THE SENIORS HAVE COMPLETED FAFSA BY THE END OF THE FAFSA CYCLE IN 2024.Expenses $180,000
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-4036611
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $731,163
- Income (IRS master file)
- $1,127,663
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $802,434 | $573,999 | $550,219 | IRS |
| 990 | December 2022 | $358,490 | $337,484 | $565,203 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Robert J Savage | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about TOLEDO TOMORROW
- What is the EIN of TOLEDO TOMORROW?
- The employer identification number (EIN) of TOLEDO TOMORROW is 85-4036611.
- Is TOLEDO TOMORROW tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to TOLEDO TOMORROW tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TOLEDO TOMORROW 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 TOLEDO TOMORROW due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TOLEDO TOMORROW last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TOLEDO TOMORROW?
- The 990 for the year ended December 31, 2024 names ROBERT J SAVAGE.
- Who are the officers and directors of TOLEDO TOMORROW?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does TOLEDO TOMORROW have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,127,663, expenses of $854,385 and total assets of $731,163 at year end.
Other nonprofits in TOLEDO
- THE UNIVERSITY OF TOLEDO FOUNDATION EIN 34-6555110 · last filed 990 for 2025
- MAUMEE VALLEY COUNTRY DAY SCHOOL EIN 34-4431301 · last filed 990 for 2025
- PATHWAY INC EIN 34-6562552 · last filed 990 for 2024
- HORIZON SCIENCE ACADAMEY TOLEDO EIN 20-0524037 · last filed 990 for 2025
- WEST SIDE MONTESSORI EIN 34-1361519 · last filed 990 for 2025
- OHIO COUNCIL OF COMMUNITY SCHOOLS EIN 03-0477422 · last filed 990 for 2025
- EMMANUEL CHRISTIAN SCHOOL EIN 37-1833365 · last filed 990 for 2025
- MADISON AVENUE SCHOOL OF ARTS EIN 36-4628343 · last filed 990 for 2025