Ark Inc
- Assets
- $6.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Troy, NY
- Founding
- 12/1984
- Data as of
- 06/2022
- EIN
- 14-1650993
Organization Overview
Ark Inc is located in Troy, NY. The organization was established in 1984. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Ark Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ark 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 06/2022, Ark Inc generated $188.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $190.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AFTER SCHOOL AND SUMMER CARE FOR PRESCHOOLERS IN TROY, NEW YORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doretha Holmes Director | 0 | $0 | |
Mark Menard Chairman | 0 | $0 | |
Davia Gladdy Secretary | 0 | $0 | |
Arianna Bullock Director | 0 | $0 | |
Debra Garrett Director | 0 | $0 | |
Patrick Harris Jr Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,998 |
| Total Program Service Revenue | $13,405 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $188,403 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $150,446 |
| Professional fees and other payments to independent contractors | $8,188 |
| Occupancy, rent, utilities, and maintenance | $8,444 |
| Printing, publications, postage, and shipping | $712 |
| Other expenses | $22,795 |
| Total expenses | $190,585 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,221 |
| Other assets | $0 |
| Total assets | $6,614 |
| Total liabilities | $35,425 |
| Net assets or fund balances | -$28,811 |