Ages Initiatives
- Assets
- $43.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 08/2012
- Data as of
- 12/2020
- EIN
- 45-4729219
Organization Overview
Ages Initiatives is located in Charlotte, NC. The organization was established in 2012. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ages Initiatives 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 12/2020, Ages Initiatives generated $175.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $166.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Barrett Executive Director | 40 | $75,000 | |
Alex Dedes Principal | 40 | $47,000 | |
Michael Rallis President | 5 | $0 | |
Evelyn C Klund Secretary/treasurer | 1 | $0 | |
Lea Osgood Board Member | 1 | $0 | |
Paul Barnes Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,498 |
| Total Program Service Revenue | $700 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,203 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $131,333 |
| Professional fees and other payments to independent contractors | $7,062 |
| Occupancy, rent, utilities, and maintenance | $7,326 |
| Printing, publications, postage, and shipping | $3,119 |
| Other expenses | $17,924 |
| Total expenses | $166,764 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,330 |
| Other assets | $0 |
| Total assets | $43,330 |
| Total liabilities | $48 |
| Net assets or fund balances | $43,282 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ages Initiatives has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Demetra C Vagelos Foundation West Palm Beach, FL PURPOSE: CHARITABLE GIFT | $0 |
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