Lynchburg Residential Services Inc is located in Lynchburg, VA. The organization was established in 1990. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, 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. Lynchburg Residential Services 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, Lynchburg Residential Services Inc generated $94.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $98.5k during the year ending 12/2022. 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
THE ORGANIZATION PROVIDES HOUSING AND OTHER SERVICES DESIGNEDTO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OFMENTALLY HANDICAPPED PERSONS. APPROX. 15 PERSONS SERVED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathan C Brooks III Director | 1 | $0 | |
William R Cardwell Vice-President & Director | 1 | $0 | |
Joyce Foster Secretary & Director | 1 | $0 | |
Tina Barnes Director | 1 | $0 | |
Terrell Cosby Treasurer & Director | 1 | $0 | |
Will Andrews Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $48,333 |
Total Program Service Revenue | $43,836 |
Membership dues | $0 |
Investment income | $102 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,873 |
Total Revenue | $94,144 |
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 | $9,978 |
Occupancy, rent, utilities, and maintenance | $27,518 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $60,981 |
Total expenses | $98,477 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,645 |
Other assets | $0 |
Total assets | $258,974 |
Total liabilities | $366,522 |
Net assets or fund balances | -$107,548 |