Danville Improvement Fund Inc
- Assets
- $277.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, AR
- Founding
- 08/1976
- Data as of
- 12/2021
- EIN
- 51-0185492
Organization Overview
Danville Improvement Fund Inc is located in Danville, AR. The organization was established in 1976. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Danville Improvement Fund 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 12/2021, Danville Improvement Fund Inc generated $23.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $89.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John T Tatum II Secretary | 0 | $0 | |
Philip Alexander Treasurer | 1 | $0 | |
John E Chambers III President | 1 | $0 | |
Paul T Sanders Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $98 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23,200 |
| Total Revenue | $23,298 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $88,707 |
| Total expenses | $88,957 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $192,906 |
| Other assets | $0 |
| Total assets | $277,324 |
| Total liabilities | $48,561 |
| Net assets or fund balances | $228,763 |
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