Tri-County Youth Services Inc is located in Wallace, NC. The organization was established in 2003. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, 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. Tri-County Youth Services 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 06/2022, Tri-County Youth Services Inc generated $167.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $162.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 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
THIS IS THE FIRST FULL YEAR OF OPERATION SINCE THE FACILITY UNDERWENT STORM DAMAGE AND RESTORATION. THIS TAX YEAR WE PROVIDED 365 DAYS OF RESIDENTIAL FOSTER CARE, AND SERVED 16 YOUTH FROM NEW HANOVER, CARTERET, UNION, DUPLIN, JOHNSTON, HALIFAX AND WAYNE COUNTIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Felix Herring President | 40 | $0 | |
Karol Lara Herring Secretary | 1 | $0 | |
William Jeffers Board Member | 1 | $0 | |
Stephanie Newkirk Vice-President | 1 | $0 | |
Denise Mitchell Board Member | 1 | $0 | |
Brenda Scarbough Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $160,850 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $6,330 |
Other Revenue | $0 |
Total Revenue | $167,180 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,344 |
Salaries, other compensation, and employee benefits | $96,228 |
Professional fees and other payments to independent contractors | $2,700 |
Occupancy, rent, utilities, and maintenance | $30,429 |
Printing, publications, postage, and shipping | $7 |
Other expenses | $32,040 |
Total expenses | $162,748 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,111 |
Other assets | $0 |
Total assets | $38,170 |
Total liabilities | $33,738 |
Net assets or fund balances | $4,432 |