Crs Learning Center
- Assets
- $3.5m
- Revenue
- $46.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Clyde, NC
- Founding
- 12/2009
- Data as of
- 06/2022
- EIN
- 26-4163524
Organization Overview
Crs Learning Center is located in Clyde, NC. The organization was established in 2009. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crs Learning Center 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 06/2022, Crs Learning Center generated $46.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $115.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CRS LEARNING CENTER SUPPORTS THE ACTIVITIES OF THE CENTER OF RATIONAL SPIRITUALITY (CRS) AS A TYPE 1 SUPPORTING ORGANIZATION. IT PROVIDES LAND AND FACILITIES FOR CRS EDUCATIONAL AND SPIRITUAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE GROUNDS AND FACILITIES FOR THE EDUCATIONAL AND SPIRITUAL PROGRAMS OF THE CENTER OF RATIONAL SPIRITUALITY. THIS INCLUDES PARKS, MOUNT SOMA VISITOR CENTER, SRI SOMESVARA TEMPLE, AS WELL AS THE STUDENT UNION AND YELLOW COTTAGE WHICH PROVIDE LODGING FOR TEMPLE/COURSE ATTENDEES. DURING THE YEAR, THE TEMPLE EXTERIOR AND INTERIOR PROJECT WAS WORKED ON, WHICH INCLUDED THE NAGADEVATA SHRINE BEING CLEANED AND PAINTED, THE NAVAGRIHAM BEING CLEANED AND PAINTED AND TEMPLE DOORS VARNISHED AND TEMPLE INTERIOR WALLS WASHED. HANUMAN PARK MAJOR REVAMP AND RENOVATION PROJECT WAS CONTINUED. WE HAVE FOUND A CONTRACTOR AND SUBCONTRACTORS AND BEGAN WORK ON THE PROJECT AS WE CONTINUE TO FUNDRAISE. A MAJOR DONOR HAS STEPPED FORWARD AND ADDITIONAL FUNDRAISING IS ON-GOING. ALL PARKS AND STATUES MAINTAINED.
SEVERAL MAINTENANCE PROJECTS WERE COMPLETED ON THE STUDENT UNION BUILDING. YAGYASHALA, VISITOR CENTER, TEMPLE AND PARKS. OVERNIGHT COURSE ATTENDEES AT CRS LEARNING CENTER FACILITIES: APPROX. 550 FAMILIES VISITOR CENTER VISITORS: APPROX. 13,000 SRI SOMESVARA TEMPLE ATTENDEES: APPROX. 1,300 STANDARD BUILDING AND GROUNDS/PARKS MAINTENANCE WAS PERFORMED THROUGHOUT THE YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Putnam Chairperson | OfficerTrustee | 15 | $0 |
Tracy Liu Secretary/tr | OfficerTrustee | 2 | $0 |
Michael Brandon Shepp Vice Chairpe | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $43,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,000 |
| Total Program Service Revenue | $0 |
| Investment income | $138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,479 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,608 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,473 |
| Insurance | $0 |
| All other expenses | $47 |
| Total functional expenses | $115,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,238 |
| Savings and temporary cash investments | $4,229 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,255 |
| Net Land, buildings, and equipment | $3,538,382 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,549,104 |
| Accounts payable and accrued expenses | $18,706 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $45,000 |
| Other liabilities | $0 |
| Total liabilities | $63,706 |
| Net assets without donor restrictions | $3,485,398 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,549,104 |