Great Scott Homes Inc
- Assets
- $5.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 30-0612045
Organization Overview
Great Scott Homes Inc is located in Southfield, MI. The organization was established in 2014. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Great Scott Homes 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 12/2022, Great Scott Homes Inc generated $70.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $68.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED ADULT FOSTER CARE TO INDIVIDUALS WITH DEVELOPMENTALLY DISADVANTAGE WITHOUT CONSIDERATION TO INCOME OR ABILITY TO PAY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,794 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,794 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,763 |
| Printing, publications, postage, and shipping | $212 |
| Other expenses | $28,591 |
| Total expenses | $68,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,777 |
| Other assets | $0 |
| Total assets | $5,777 |
| Total liabilities | $19,119 |
| Net assets or fund balances | -$13,342 |