Network 220 Inc is located in Plano, TX. The organization was established in 2003. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Network 220 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 09/2023, Network 220 Inc generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $42.8k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (17.2%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
CONVENTION 220: ANNUAL CONVENTION TO MEMBERS AND THE PUBLIC WITH OVER 260 IN ATTENDANCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Farley President | 10 | $13,000 | |
Tim Chalas Vice President | 5 | $3,000 | |
Ralph Harris Chairman | 3 | $0 | |
John Lynch Board Member | 1 | $0 | |
Julie Morris Secretary/treasurer/board Member | 14 | $10,000 | |
Mandy Martin Board Member | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $325 |
Total Program Service Revenue | $24,508 |
Membership dues | $13,060 |
Investment income | $13 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $37,906 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $26,000 |
Professional fees and other payments to independent contractors | $4,552 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $427 |
Other expenses | $11,805 |
Total expenses | $42,784 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,582 |
Other assets | $0 |
Total assets | $18,582 |
Total liabilities | $0 |
Net assets or fund balances | $18,582 |