Higher Edge Inc
- Assets
- $167.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- New London, CT
- Founding
- 02/2014
- Data as of
- 06/2023
- EIN
- 46-2852512
Organization Overview
Higher Edge Inc is located in New London, CT. The organization was established in 2014. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2023, Higher Edge Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Higher Edge 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 06/2023, Higher Edge Inc generated $183.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $244.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 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
THROUGH ONE-ON-ONE ADVISING, STUDENTS LEARN TO NAVIGATE AND CONQUER THE DAUNTING COLLEGE APPLICATION PROCESS. ONCE THE STUDENT HAS BEEN ACCEPTED INTO A COLLEGE THEY ARE ADVISED AND MENTORED ON THEIR CAMPUSES FOR UP TO SIX YEARS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tori Heim Treasurer | 2 | $0 | |
Devon Butler Director | 2 | $0 | |
Keith Turner Director | 2 | $0 | |
Chap Hanley President | 5 | $0 | |
Sam Nassetta Director | 2 | $0 | |
John Bairos Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,420 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,019 |
| Other Revenue | $1,498 |
| Total Revenue | $182,985 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $170,181 |
| Professional fees and other payments to independent contractors | $875 |
| Occupancy, rent, utilities, and maintenance | $10,755 |
| Printing, publications, postage, and shipping | $100 |
| Other expenses | $62,675 |
| Total expenses | $244,586 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,862 |
| Other assets | $0 |
| Total assets | $166,952 |
| Total liabilities | $359 |
| Net assets or fund balances | $166,593 |