Brothers Organized To Serve Others Incorporated
- Assets
- $18.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- High Point, NC
- Founding
- Data as of
- 12/2021
- 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 12/2021, Brothers Organized To Serve Others Incorporated generated $57.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $51.5k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 2 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
2021
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 | $57,050 |
| 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 | $57,050 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,540 |
| Professional fees and other payments to independent contractors | $1,155 |
| Occupancy, rent, utilities, and maintenance | $7,500 |
| Printing, publications, postage, and shipping | $381 |
| Other expenses | $12,944 |
| Total expenses | $51,520 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,617 |
| Other assets | $0 |
| Total assets | $18,617 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,617 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Brothers Organized To Serve Others Incorporated has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Ronald Mcdonald House Charities Inc Raleigh, NC PURPOSE: CHARITABLE PURPOSE | $7,500 |
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