Scitrek Inc
- Assets
- $320.7k
- Revenue
- $42.7k
- Investments
- $256.4k
- Employees
- 0
- Location
- Valdosta, GA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 45-4835088
Organization Overview
Scitrek Inc is located in Valdosta, GA. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Scitrek 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, Scitrek Inc generated $42.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.5% each year . All expenses for the organization totaled $37.6k during the year ending 12/2021. While expenses have increased by 15.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION OF ITEMS AND MATERIALS TO VALDOSTA STATE UNIVERSITY STEAM CENTER BENEFIT AUCTION AND STEAM CENTER ARTS & SCIENCE OF SPORTS EXHIBIT
TUITION PAID FOR 10 VECA STUDENTS
DONATION TO VALDOSTA HIGH SCHOOL
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $1,523 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,249 |
| Capital Gain Net Income | $9,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $31,921 |
| Total Revenue | $42,699 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,994 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,009 |
| Interest | $0 |
| Taxes | $709 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,726 |
| Total operating and administrative expenses | $37,626 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $37,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,332 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $320,683 |
| Accounts payable and accrued expenses | $497 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $497 |
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