Sustainable Berea Inc
- Assets
- $279.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Berea, KY
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 02-0769242
Organization Overview
Sustainable Berea Inc is located in Berea, KY. The organization was established in 2008. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Berea Inc 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, Sustainable Berea Inc generated $148.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $172.9k during the year ending 12/2023. While expenses have increased by 13.6% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Olson President/board Member | 0 | $0 | |
George Schloemer Vice President/board Member | 0 | $0 | |
Beth Myers Secretary/board Member | 0 | $0 | |
Troy Price Board Member | 0 | $0 | |
Maria Wright Board Member | 0 | $0 | |
Rebecca Damron Bpard Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,212 |
| Total Program Service Revenue | $64,504 |
| Membership dues | $0 |
| Investment income | $5,411 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,127 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,649 |
| Professional fees and other payments to independent contractors | $23,396 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $6,362 |
| Other expenses | $96,529 |
| Total expenses | $172,936 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,921 |
| Other assets | $0 |
| Total assets | $279,432 |
| Total liabilities | $1,012 |
| Net assets or fund balances | $278,420 |