Spice-Southern Perry Incubation
- Assets
- $37.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Straitsville, OH
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 31-1713223
Organization Overview
Spice-Southern Perry Incubation is located in New Straitsville, OH. The organization was established in 2002. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spice-Southern Perry Incubation 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 12/2021, Spice-Southern Perry Incubation generated $87.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $111.2k during the year ending 12/2021. While expenses have increased by 14.2% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
ASSIST AND SUPPORT THE CREATION OS MICROENTERPRISES IN RUAL PERRY COUNY, OHIO BY OPERATING A SMALL BUSINESS INCUBATOR AND BUSINESS CENTER FOR THE BENEFIT OF LOW TO MODERATE INCOM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fritzie Nitschke Ex Director | 20 | $0 | |
Susan Miller Prisident | 6 | $0 | |
Emily Swackhammer Board Member | 6 | $0 | |
Erin Higgins Sectreasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,637 |
| Total Program Service Revenue | $8,731 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,305 |
| Total Revenue | $87,729 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,600 |
| Professional fees and other payments to independent contractors | $48,318 |
| Occupancy, rent, utilities, and maintenance | $15,465 |
| Printing, publications, postage, and shipping | $6,162 |
| Other expenses | $17,691 |
| Total expenses | $111,236 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,678 |
| Other assets | $0 |
| Total assets | $37,359 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,359 |
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