Two Penny Missions
- Assets
- $97.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Monroe, LA
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-3464575
Organization Overview
Two Penny Missions is located in West Monroe, LA. The organization was established in 2015. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Two Penny Missions 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, Two Penny Missions generated $77.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $66.0k during the year ending 12/2022. 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
PURPOSE IS TO ASSIST PERSONS IN THEIR COMMUNITY IN NEED OF TEMPORARY HOUSING AND ASSISTANCE TRANSITIONING BACK INTO THE WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Acree Chairman | 0 | $0 | |
Brett Bennett Vice Chair | 0 | $0 | |
Cory Walker Advisory | 0 | $0 | |
Connie Drake Event Organi | 0 | $0 | |
Richard Mcdowell Operations | 40 | $4,200 | |
Krista Richardson Executive As | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $76,584 |
| Membership dues | $0 |
| Investment income | $1,160 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,744 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,843 |
| Professional fees and other payments to independent contractors | $1,430 |
| Occupancy, rent, utilities, and maintenance | $36,305 |
| Printing, publications, postage, and shipping | $1,259 |
| Other expenses | $22,175 |
| Total expenses | $66,012 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,894 |
| Other assets | $0 |
| Total assets | $97,548 |
| Total liabilities | $321 |
| Net assets or fund balances | $97,227 |