Advancement Network Inc
- Assets
- $316.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 04/2012
- Data as of
- 12/2023
- EIN
- 45-2449374
Organization Overview
Advancement Network Inc is located in Fort Worth, TX. The organization was established in 2012. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advancement Network 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 12/2023, Advancement Network Inc generated $29.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $88.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ADVANCEMENT NETWORK PROVIDES ITS MEMBERS WITH PROFESSIONAL DEVELOPMENT OPPORTUNITIES THROUGH PEER LEARNING, SUPPORT, AND KNOWLEDGE EXCHANGE VIA A MENTORSHIP PROGRAM, WEBINARS, AND AN ONLINE COMMUNITY, CONFERENCES, AND LEADERSHIP OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Hozempa President | 1 | $0 | |
Monica Merante Vice President | 1 | $0 | |
Tim Bresnahan Treasurer | 1 | $0 | |
Pamela Doherty Secretary | 1 | $0 | |
Janell Kaplan Board Member | 0.5 | $0 | |
Michelle Beisker Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,250 |
| Investment income | $13,172 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,280 |
| Total Revenue | $29,702 |
| 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 | $27,923 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,532 |
| Total expenses | $88,455 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,717 |
| Other assets | $0 |
| Total assets | $316,834 |
| Total liabilities | $55,243 |
| Net assets or fund balances | $261,591 |