Brothers Organized To Serve Others Incorporated
- Assets
- $78.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- High Point, NC
- Founding
- Data as of
- 12/2022
- EIN
- 47-3240687
Organization Overview
Brothers Organized To Serve Others Incorporated is located in High Point, NC. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brothers Organized To Serve Others Incorporated 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 12/2022, Brothers Organized To Serve Others Incorporated generated $116.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $56.8k during the year ending 12/2022. While expenses have increased by 6.2% 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
2022
Describe the Organization's Program Activity:
Part 3
MENTORING OF YOUNG MEN BETWEEN THE AGES OF 12 AND 18
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,172 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,172 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,490 |
| Professional fees and other payments to independent contractors | $19,664 |
| Occupancy, rent, utilities, and maintenance | $7,281 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,356 |
| Total expenses | $56,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,998 |
| Other assets | $0 |
| Total assets | $77,998 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,998 |