Victories In Service I Inc
- Assets
- $88.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 08/2007
- Data as of
- 12/2020
- EIN
- 26-0412059
Organization Overview
Victories In Service I Inc is located in New Orleans, LA. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victories In Service I 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 12/2020, Victories In Service I Inc generated $24.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $27.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 3 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
2020
Describe the Organization's Program Activity:
Part 3
AFTER SCHOOL AND SUMMER ENRICHMENT ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herman Franklin President | 1 | $0 | |
Kerry Reaux Vice President | 1 | $0 | |
Ian Howard Treasurer | 1 | $0 | |
Melvin Howard President | 30 | $10,888 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,007 |
| Total Program Service Revenue | $17,500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,507 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,261 |
| Professional fees and other payments to independent contractors | $4,714 |
| Occupancy, rent, utilities, and maintenance | $7,200 |
| Printing, publications, postage, and shipping | $129 |
| Other expenses | $1,266 |
| Total expenses | $27,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,358 |
| Other assets | $0 |
| Total assets | $88,358 |
| Total liabilities | $1,250 |
| Net assets or fund balances | $87,108 |