Baltimore 711 Franchise Owners
- Assets
- $169.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parkville, MD
- Founding
- 06/1985
- Data as of
- 08/2024
- EIN
- 52-1356391
Organization Overview
Baltimore 711 Franchise Owners is located in Parkville, MD. The organization was established in 1985. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baltimore 711 Franchise Owners 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 08/2024, Baltimore 711 Franchise Owners generated $19.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $39.9k during the year ending 08/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
REGULAR MEETINGS TO EDUCATE FRANCHISEES OF CHANGES IN THEIR BUSINESS COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Graham President | 3 | $0 | |
Syed Bokhari Vice President | 1 | $0 | |
Wilma Lim Treasurer | 1 | $0 | |
Gurkirpal Singh Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,155 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,857 |
| Total Revenue | $19,012 |
| 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 | $1,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,704 |
| Total expenses | $39,854 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,788 |
| Other assets | $0 |
| Total assets | $169,788 |
| Total liabilities | $0 |
| Net assets or fund balances | $169,788 |