Historic Lebanon Tomorrow Inc
- Assets
- $93.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lebanon, TN
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-1766333
Organization Overview
Historic Lebanon Tomorrow Inc is located in Lebanon, TN. The organization was established in 2008. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Lebanon Tomorrow 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 12/2022, Historic Lebanon Tomorrow Inc generated $119.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $119.6k during the year ending 12/2022. While expenses have increased by 15.0% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF DOWNTOWN AREA FOR BUSINESS AND ECNOMICDEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Dixon Director | 3 | $0 | |
Kim Parks Executive Director | 40 | $50,000 | |
Jeff Porter Treasurer | 3 | $0 | |
Tom Hines Director | 3 | $0 | |
David Block Chairman | 3 | $0 | |
Rick Wittrig Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,609 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $242 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,851 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,079 |
| Professional fees and other payments to independent contractors | $1,462 |
| Occupancy, rent, utilities, and maintenance | $1,051 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $66,002 |
| Total expenses | $119,594 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,932 |
| Other assets | $0 |
| Total assets | $93,932 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,932 |