Downsize Dc Foundation
- Assets
- $86.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 54-2016115
Organization Overview
Downsize Dc Foundation is located in Akron, OH. The organization was established in 2001. According to its NTEE Classification (R60) the organization is classified as: Civil Liberties, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downsize DC Foundation 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, Downsize DC Foundation generated $64.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $60.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 4 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 |
|---|---|---|---|
James Babka President | 12 | $0 | |
Kent White Board Chair | 0 | $0 | |
Laura Carno Board Member | 0 | $0 | |
Linda Slack Treasurer | 0 | $1,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,028 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,028 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,922 |
| Professional fees and other payments to independent contractors | $8,021 |
| Occupancy, rent, utilities, and maintenance | $2,166 |
| Printing, publications, postage, and shipping | $634 |
| Other expenses | $6,257 |
| Total expenses | $60,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,655 |
| Other assets | $0 |
| Total assets | $86,655 |
| Total liabilities | $24,625 |
| Net assets or fund balances | $62,030 |