Caribbean Media Exchange Inc
- Assets
- $31.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Scotch Plains, NJ
- Founding
- 05/2010
- Data as of
- 12/2023
- EIN
- 26-4127301
Organization Overview
Caribbean Media Exchange Inc is located in Scotch Plains, NJ. The organization was established in 2010. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caribbean Media Exchange 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 12/2023, Caribbean Media Exchange Inc generated $33.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.6% each year . All expenses for the organization totaled $14.3k during the year ending 12/2023. While expenses have increased by 18.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
POWER OF CHOICE INC. $2500; JORDAN-LEE ALLEYNE $1250; KENRICK QUASHIE $700; GOVERNMENT OF ST VINCENT $2280
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bevan Springer President | 1 | $0 | |
Greta Andzenge Board Member | 1 | $0 | |
Basil Springer Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,558 |
| Total Program Service Revenue | $8,268 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,618 |
| Other Revenue | $700 |
| Total Revenue | $33,169 |
| 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 | $0 |
| Other expenses | $10,301 |
| Total expenses | $14,301 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,054 |
| Other assets | $0 |
| Total assets | $31,776 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,776 |