The Hangar
- Assets
- $225.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waco, TX
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 30-1009442
Organization Overview
The Hangar is located in Waco, TX. The organization was established in 2018. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, 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. Hangar 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, Hangar generated $114.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.8% each year . All expenses for the organization totaled $56.9k during the year ending 12/2022. While expenses have increased by 36.7% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
HOMELESS HOSPITALITY HOUSE-MEALS (5,277 SERVED), SHOWER,LAUNDRY AND PLANNED ACTIVITIES.A PLACE TO CALL HOME DURING THE DAY. CLIENTS 169
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward W Kirk President | 2 | $0 | |
Laura J Kirk Vp-Treasurer | 2 | $0 | |
Sheila Nielson Director | 1 | $0 | |
Roger Nielson Director | 1 | $0 | |
Sylvia Lemley Director | 1 | $0 | |
Bob Lemly Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,038 |
| Total Program Service Revenue | $3,460 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,498 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $15,800 |
| Printing, publications, postage, and shipping | $77 |
| Other expenses | $40,815 |
| Total expenses | $56,942 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,748 |
| Other assets | $0 |
| Total assets | $225,640 |
| Total liabilities | $0 |
| Net assets or fund balances | $225,640 |