Secured Finance Network Southwest
- Assets
- $55.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prosper, TX
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 45-3360841
Organization Overview
Secured Finance Network Southwest is located in Prosper, TX. The organization was established in 2018. 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. Secured Finance Network Southwest 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 12/2021, Secured Finance Network Southwest generated $19.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $33.1k during the year ending 12/2021. 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
FACILITATING AND SPONSORING PROGRAMS THAT PROVIDE MEMBERS WITH EDUCATIONAL AND NETWORKING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Fisher President | 1 | $0 | |
Kalgi Ganatra Treasury/secretary | 1 | $0 | |
Amy Patton Treasury/secretary (part Year) | 1 | $0 | |
Ellen Smith Immediate Past President | 1 | $0 | |
Tony Banks Director | 1 | $0 | |
Joseph Acosta Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,218 |
| Membership dues | $2,830 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,048 |
| 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 | $16,102 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,967 |
| Total expenses | $33,069 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,442 |
| Other assets | $0 |
| Total assets | $55,747 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,747 |