Ashland Group Home Inc
- Assets
- $136.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 08/2007
- Data as of
- 06/2023
- EIN
- 30-0342188
Organization Overview
Ashland Group Home Inc is located in Lexington, KY. The organization was established in 2007. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland Group Home 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 06/2023, Ashland Group Home Inc generated $28.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $53.1k during the year ending 06/2023. While expenses have increased by 1.9% per year over the past 8 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
OPERATION OF AN 8-UNIT APARTMENT PROJECT IN LEXINGTON, KENTUCKY TO HOUSE LOW INCOME INDIVIDUALS WITH MENTAL HEALTH/INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Berger Board Director | 0.5 | $0 | |
Karen Ward Board Vice Chair | 0.5 | $0 | |
Jock Conley Board Director | 0.5 | $0 | |
Harold Mckinney Board Chair | 0.5 | $0 | |
Dee Werline Secretary/treasurer | 0.5 | $0 | |
Mary June Brunker Board Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,556 |
| Membership dues | $0 |
| Investment income | $637 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,193 |
| 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 | $3,880 |
| Occupancy, rent, utilities, and maintenance | $31,912 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,354 |
| Total expenses | $53,146 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,714 |
| Other assets | $0 |
| Total assets | $136,886 |
| Total liabilities | $350,811 |
| Net assets or fund balances | -$213,925 |