Project String Power Incorporated
- Assets
- $29.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carthage, TX
- Founding
- 09/1974
- Data as of
- 12/2018
- EIN
- 23-7396452
Organization Overview
Project String Power Incorporated is located in Carthage, TX. The organization was established in 1974. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project String Power Incorporated 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 12/2018, Project String Power Incorporated generated $19.6k 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 (3.5%) each year. All expenses for the organization totaled $17.9k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (14.9%) 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
2018
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL; TRAINING OF STUDENTS IN PLAYING STRINGED INSTRUMENTS. MOST STUDENTS ARE ELEMENTARY AGE, BUT SOME ARE ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia Mckillop President | 0 | $0 | |
Emily Taylor Secretary | 0 | $0 | |
Beth Brumley Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,820 |
| Total Program Service Revenue | $770 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,590 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6 |
| Other expenses | $17,923 |
| Total expenses | $17,929 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,526 |
| Other assets | $0 |
| Total assets | $29,526 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,526 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Project String Power Incorporated has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
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|---|---|---|
Sierra Electric Cooperative Inc Elephant Butte, NM | $28,287,663 | $9,920,270 |
Kempner Water Supply Corporation Kempner, TX | $46,955,642 | $10,456,487 |
Manville Water Supply Corporation Coupland, TX | $109,988,444 | $18,573,259 |
Bethesda Water Supply Corporation Burleson, TX | $36,838,257 | $9,659,977 |
East Rio Hondo Water Supply Corporation Rio Hondo, TX | $63,118,538 | $9,151,947 |
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Sardis Lone Elm Water Supply Midlothian, TX | $34,981,504 | $8,597,033 |
Dona Ana Mutual Domestic Water Consumers Assn Dona Ana, NM | $63,609,549 | $7,177,936 |
Oklahoma Association Of Electric Cooperatives Inc Oklahoma City, OK | $7,878,681 | $6,331,972 |
Springs Hill Water Supply Corporation Seguin, TX | $37,314,474 | $9,616,951 |
Central Texas Water Supply Corporation Harker Heights, TX | $32,847,365 | $5,593,404 |
Northern Rio Arriba Electric Cooperative Inc Chama, NM | $21,086,922 | $4,952,359 |