517 Resources
- Assets
- $73.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- College Grove, TN
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 27-0831047
Organization Overview
517 Resources is located in College Grove, TN. The organization was established in 1994. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 517 Resources 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, 517 Resources generated $147.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $142.6k during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 7 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 |
|---|---|---|---|
Robert Noland President/director | 40 | $86,500 | |
Jimmy Gibson Treasurer | 1 | $0 | |
Kelsa Blair Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,486 |
| Total Program Service Revenue | $125,143 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,629 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $91,812 |
| Professional fees and other payments to independent contractors | $25,725 |
| Occupancy, rent, utilities, and maintenance | $4,868 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,156 |
| Total expenses | $142,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,934 |
| Other assets | $0 |
| Total assets | $73,934 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,934 |