Collegiate Abbey Inc
- Assets
- $18.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Knoxville, TN
- Founding
- 07/2016
- Data as of
- 12/2022
- EIN
- 47-5645095
Organization Overview
Collegiate Abbey Inc is located in Knoxville, TN. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Collegiate Abbey Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collegiate Abbey 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 12/2022, Collegiate Abbey Inc generated $166.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $193.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
THERE IS ONLY ONE PROGRAM AT THIS TIME WHICH IS THE MISSION STATED ABOVE. ALL REVENUES AND EXPENSES GO TOWARDS THIS ONE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Britton T Sharp Co-Director | 40 | $61,033 | |
Steven W Moldrup Co-Director | 40 | $65,900 | |
Roy Glenn Sharp II Treasurer | 0 | $0 | |
Joe Bryant Board Member | 0 | $0 | |
Suzanne Stelling Board Member | 0 | $0 | |
Kelley Phillips Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,803 |
| 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 | $166,803 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $176,737 |
| Professional fees and other payments to independent contractors | $1,160 |
| Occupancy, rent, utilities, and maintenance | $63 |
| Printing, publications, postage, and shipping | $3,599 |
| Other expenses | $11,641 |
| Total expenses | $193,200 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,815 |
| Other assets | $0 |
| Total assets | $18,815 |
| Total liabilities | $3,832 |
| Net assets or fund balances | $14,983 |