Newsome-Bailey Project Inc is located in Poquoson, VA. The organization was established in 2013. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Newsome-Bailey Project 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 06/2024, Newsome-Bailey Project Inc generated $51.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $32.7k during the year ending 06/2024. While expenses have increased by 13.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED EDUCATIONAL THERAPY FOR ELEMENTARY STUDENTS AT NEWSOME BAILEY ELEMENTARY SCHOOL IN THE EAST END OF NEWPORT NEWS, VA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth Surles-Law President | 5 | $0 | |
John L Crawley Vice President | 5 | $0 | |
Lawrence Myers Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $47,356 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4,157 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $51,513 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $20,582 |
Professional fees and other payments to independent contractors | $850 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,283 |
Total expenses | $32,715 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $104,072 |
Other assets | $0 |
Total assets | $104,072 |
Total liabilities | $0 |
Net assets or fund balances | $104,072 |