For Stanly Inc is located in Locust, NC. The organization was established in 1995. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. For Stanly 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, For Stanly Inc generated $55.0 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 (38.9%) each year. All expenses for the organization totaled $1.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (35.4%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
INACTIVE DURING FYE 6-30-22
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Harwood Chairman | 0 | $0 | |
Dean Martin Vice Chairman | 0 | $0 | |
Ba Smith Board Member | 0 | $0 | |
Paul Childress Board Member | 0 | $0 | |
Banks Garrison Board Member | 0 | $0 | |
Becky Broadway Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $55 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $55 |
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 | $500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $972 |
Total expenses | $1,472 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,640 |
Other assets | $0 |
Total assets | $66,397 |
Total liabilities | $0 |
Net assets or fund balances | $66,397 |
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