R E E S A Inc
- Assets
- $2.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Katy, TX
- Founding
- 11/2015
- Data as of
- 12/2023
- EIN
- 46-2576033
Organization Overview
R E E S A Inc is located in Katy, TX. The organization was established in 2015. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R E E S A 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 12/2023, R E E S A Inc generated $49.3k 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 (14.7%) each year. All expenses for the organization totaled $49.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 4 years. 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
2023
Describe the Organization's Program Activity:
Part 3
ELEX CHILDREN'S HAVEN AFFORDS YOUNG ADULTS THE OPPORTUNITY TO GROW AT THEIR OWN PACE AS WE FOSTER SUCCESSFUL INDEPENDENT LIVING. WE HAVE LEASED 4 TWO-BEDROOM TWO-BATHROOM APARTMENTS AT ECHELON ON 99 IN RICHMOND TX TO HOUSE THOSE AGING OUT OF THE FOSTER CARE SYSTEM AND HAVE ACKNOWLEDGED THEY ARE NOT PREPARED FOR INDEPENDENT LIVING. WE HAVE PARTNERED WITH CHILD PROTECTIVE SERVICES TO IDENTIFY THOSE STUDENTS IN FORT BEND COUNTY WHO COULD BENEFIT FROM A DYNAMIC PROGRAM LIKE OURS. THE LEASES ARE FOR 13 MONTHS AND THE APARTMENTS WILL COME FULLY FURNISHED TO EASE THE TRANSITION INTO INDEPENDENT LIVING. THE EXTENDED FOSTER CARE PROGRAM ALLOWS YOUNG ADULTS TO STAY IN THESE APARTMENTS UP UNTIL THE AGE OF 22 YEARS OLD. THE MONIES REQUESTED WILL STRICTLY BE USED FOR THE RENT OF THESE APARTMENTS. THE RENT WAS DISCOUNTED FOR ELEX CHILDREN'S HAVEN AT $1400.00 PER APARTMENT AND AS STATED ABOVE WE CURRENTLY HAVE 4 UNITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tanisha Henry President | 20 | $0 | |
Elex Gauthia Henry CEO | 40 | $0 | |
Angela Burrell Secertary | 5 | $0 | |
Danielle Young Treasurer | 5 | $0 | |
Nay Armstrong Board Member | 2 | $0 | |
Pamela Kibbles Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,510 |
| Total Program Service Revenue | $1,800 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,310 |
| 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 | $14,475 |
| Occupancy, rent, utilities, and maintenance | $9,910 |
| Printing, publications, postage, and shipping | $3,950 |
| Other expenses | $20,975 |
| Total expenses | $49,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,300 |
| Other assets | $0 |
| Total assets | $2,700 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $1,700 |