Red Clay Education Associationinc
- Assets
- $417.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- Data as of
- 06/2022
- EIN
- 51-0374491
Organization Overview
Red Clay Education Associationinc is located in Newark, DE.
For the year ending 06/2022, Red Clay Education Associationinc generated $97.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $49.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 7 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
PROTECTED AND PROMOTED INTEREST OF MORE THAN 1100 EDUCATIONAL PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Firko President | 3 | $6,000 | |
Steven Fackenthall Vice Preside | 2 | $4,000 | |
Crystal Nelson Secretary | 1 | $3,000 | |
Janine Clarke Treasurer | 1 | $3,000 | |
Karen Moore Committee Ch | 1 | $1,325 | |
Beverly Allen Committee Ch | 1 | $1,325 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $97,011 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,038 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,993 |
| Salaries, other compensation, and employee benefits | $28,900 |
| Professional fees and other payments to independent contractors | $3,686 |
| Occupancy, rent, utilities, and maintenance | $1,314 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,356 |
| Total expenses | $49,249 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $407,459 |
| Other assets | $0 |
| Total assets | $417,446 |
| Total liabilities | $129 |
| Net assets or fund balances | $417,317 |