Amarillo Advertising Federation
- Assets
- $81.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 26-2862786
Organization Overview
Amarillo Advertising Federation is located in Amarillo, TX. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Amarillo Advertising Federation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Amarillo Advertising Federation generated $85.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $88.0k during the year ending 12/2021. While expenses have increased by 13.7% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Parks Treasurer | 15 | $0 | |
Honnah Taylor Vice President | 15 | $0 | |
Han Owens President | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $60,008 |
| Membership dues | $25,369 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,410 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $15,224 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,800 |
| Occupancy, rent, utilities, and maintenance | $484 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,504 |
| Total expenses | $88,012 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,968 |
| Other assets | $0 |
| Total assets | $81,943 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,943 |
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