Sown Inc
- Assets
- $109.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 04/2013
- Data as of
- 12/2021
- EIN
- 45-3787737
Organization Overview
Sown Inc is located in Nashville, TN. The organization was established in 2013. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sown 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 12/2021, Sown Inc generated $98.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.9%) each year. All expenses for the organization totaled $87.2k 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
BEFORE THE PANDEMIC, WE WERE ABLE TO MAKE MULTIPLE TRIPS TO CHINA ANNUALLY. SINCE WE CANNOT DO THAT AT THIS TIME, ALL SUPPLIES ARE SENT TO THE ORPHANAGES WE SUPPORT. MORE THAN 600 CHILDREN BENEFIT FROM OUR SUPPORT. WE PROVIDED EDUCATIONAL SCHOLARSHIPS FOR 11 ORPHANS ALLOWING THEM TO CONTINUE THEIR EDUCATION BEYOND ELEMENTARY SCHOOL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannie Butler President-Executive Director | 40 | $24,000 | |
Cindy Krantz Secretary-Treasurer | 5 | $1,950 | |
Tina Mitchell Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,354 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,354 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $48,396 |
| Salaries, other compensation, and employee benefits | $25,950 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,945 |
| Printing, publications, postage, and shipping | $6,882 |
| Other expenses | $0 |
| Total expenses | $87,173 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,932 |
| Other assets | $0 |
| Total assets | $109,932 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,932 |