Profit & Loss Association Of Swla Inc
- Assets
- $42.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Charles, LA
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-3467891
Organization Overview
Profit & Loss Association Of Swla Inc is located in Lake Charles, LA. The organization was established in 2015. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Profit & Loss Association Of Swla Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Profit & Loss Association Of Swla Inc generated $37.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $27.0k during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessi Lott-Hansen President | 0 | $0 | |
Sulivan Turner Vice President | 0 | $0 | |
Sarah Clark Werner Treasurer | 0 | $0 | |
Maureen Bertrand Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,580 |
| Investment income | $1,725 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,766 |
| Other Revenue | $0 |
| Total Revenue | $37,071 |
| 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 | $1,329 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $813 |
| Other expenses | $24,889 |
| Total expenses | $27,031 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,050 |
| Other assets | $0 |
| Total assets | $42,030 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,030 |