Downtown Berryville Inc
- Assets
- $53.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berryville, VA
- Founding
- 01/1994
- Data as of
- 06/2022
- EIN
- 54-1637290
Organization Overview
Downtown Berryville Inc is located in Berryville, VA. The organization was established in 1994. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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. Downtown Berryville 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 06/2022, Downtown Berryville Inc generated $27.7k 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 (15.0%) each year. All expenses for the organization totaled $14.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (21.3%) per year over the past 7 years. 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 |
|---|---|---|---|
Jenni Ligday Board Member | 1 | $0 | |
Michelle K Marino Past President | 2 | $0 | |
Julie Ashby Vice President | 1 | $0 | |
Liz Couture Secretary | 1 | $0 | |
Glen Koontz Treasurer | 1 | $0 | |
Dave Hembach Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,500 |
| Total Program Service Revenue | $17,350 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,775 |
| Other Revenue | $103 |
| Total Revenue | $27,728 |
| 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 | $1,285 |
| Occupancy, rent, utilities, and maintenance | $9,383 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,965 |
| Total expenses | $14,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,897 |
| Other assets | $0 |
| Total assets | $52,998 |
| Total liabilities | $2,460 |
| Net assets or fund balances | $50,538 |
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