Hocus Focus Inc is located in Benton, AR. The organization was established in 2012. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hocus Focus 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, Hocus Focus Inc generated $194.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $150.8k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 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
TO PROMOTE PUBLIC AWARENESS OF LEARNING DISABILITIES AND ALTERNATIVE EDUCATION METHODS FOR CHILDREN WITH LEARNING DISABILITIES TO IMPROVE THE OVERALL QUALITY OF EDUCATION FOR LEARNING DISABLED STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Spencer President | 40 | $41,000 | |
Cynthia Spencer Vice President | 8 | $0 | |
Keith Barber Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,005 |
Total Program Service Revenue | $193,087 |
Membership dues | $0 |
Investment income | $39 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $194,131 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,977 |
Salaries, other compensation, and employee benefits | $52,447 |
Professional fees and other payments to independent contractors | $1,518 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $683 |
Other expenses | $94,187 |
Total expenses | $150,812 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,859 |
Other assets | $0 |
Total assets | $13,982 |
Total liabilities | $12,955 |
Net assets or fund balances | $1,027 |