Practice Space 108 Inc
- Assets
- $13.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bedminster, NJ
- Founding
- 05/2010
- Data as of
- 12/2021
- EIN
- 27-0324729
Organization Overview
Practice Space 108 Inc is located in Bedminster, NJ. The organization was established in 2010. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Practice Space 108 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 12/2021, Practice Space 108 Inc generated $29.3k 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 (17.0%) each year. All expenses for the organization totaled $43.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED WELLNESS EDUCATION TO THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Klemme Executive Di | 20 | $8,045 | |
Erin Frigerio Secretary | 0 | $0 | |
Samara Album Vice Preside | 0 | $0 | |
Noelani Scotton Treasurer | 0 | $0 | |
Carolyn Fahey President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,839 |
| Total Program Service Revenue | $23,494 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,333 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,178 |
| Professional fees and other payments to independent contractors | $2,355 |
| Occupancy, rent, utilities, and maintenance | $3,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,387 |
| Total expenses | $43,520 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,195 |
| Other assets | $0 |
| Total assets | $13,195 |
| Total liabilities | $359 |
| Net assets or fund balances | $12,836 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Practice Space 108 Inc has recieved totaling $35.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
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