The Cavalier Daily Inc
- Assets
- $82.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 13
- Location
- Charlottesville, VA
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 54-1694991
Organization Overview
The Cavalier Daily Inc is located in Charlottesville, VA. The organization was established in 1995. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2023, Cavalier Daily Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cavalier Daily 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 12/2023, Cavalier Daily Inc generated $69.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $76.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
PRODUCTION AND DISTRIBUTION OF APPROXIMATELY 16 ISSUES YEARLY OF THE UNIVERSITY'S STUDENT NEWSPAPER WITH AVERAGE CIRCULATION OF 7,500 PUBLISHING AN ONLINE VERSION OF THE NEWSPAPER NEWSLETTERS AND JOURNALISTIC TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Healy Chief Financial Offer | 20 | $6,953 | |
Ava Proehl Operations Manager | 20 | $0 | |
Nathan Onibudo Executive Editor | 20 | $0 | |
Lexi Baker Managing Editor | 20 | $0 | |
George Rodrigue Board Member | 1 | $0 | |
Eva Surovell Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,513 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $943 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $410 |
| Other Revenue | $57,899 |
| Total Revenue | $69,765 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,656 |
| Professional fees and other payments to independent contractors | $13,896 |
| Occupancy, rent, utilities, and maintenance | $11,883 |
| Printing, publications, postage, and shipping | $11,732 |
| Other expenses | $29,092 |
| Total expenses | $76,259 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,445 |
| Other assets | $0 |
| Total assets | $82,445 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,445 |