Recognition Roundtable
- Assets
- $135.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 09/2003
- Data as of
- 06/2022
- EIN
- 38-3674342
Organization Overview
Recognition Roundtable is located in Phoenix, AZ. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Recognition Roundtable is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Recognition Roundtable generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $2.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (44.5%) 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 Mission:
Part 3 - Line 1
THE ORGANIZATION REPRESENTS SMALL BUSINESSES ACROSS AMERICA THAT CONSIST OF COMPANIES THAT SPECIALIZE IN PROVIDING CO-OPERATIVE UTILIZATION OF COMBINING THE RESOURCES TO CREATE A PROFESSIONAL WEBSITE ANDOTHER PURCHASING OPPORTUNITIES THAT COULD NOT BE ACHIEVED ON AN IND BASIS
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS A LONG RANGE PLAN RELATED TO THE ON-GOING DEVELOPMENT OF THE WEBSITE AND AN AWARDS CATELOG FOR ITS BUSINESS MEMBERS IT ALSO IS EXPENDING FUNDS FOR SCHOLARSHIPS TO THE ARI PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Dewolf Treasurer | 1 | $0 | |
Donna Gray Secretary | 1 | $0 | |
Brain Martin President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,875 |
| Investment income | $661 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,536 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,208 |
| Other expenses | $0 |
| Total expenses | $2,158 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,249 |
| Other assets | $0 |
| Total assets | $135,821 |
| Total liabilities | $16,603 |
| Net assets or fund balances | $119,218 |
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