Polk County Chamber Foundation Inc
- Assets
- $131.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tryon, NC
- Founding
- 11/1999
- Data as of
- 06/2021
- EIN
- 56-2155113
Organization Overview
Polk County Chamber Foundation Inc is located in Tryon, NC. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polk County Chamber Foundation 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 06/2021, Polk County Chamber Foundation Inc generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $6.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED OPERATING SPACE FOR LOCAL CHAMBER OF COMMERCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Nixon Vice-President | 1 | $0 | |
Cato Junge President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,994 |
| 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 | $4,994 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,185 |
| Total expenses | $6,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,492 |
| Other assets | $0 |
| Total assets | $131,810 |
| Total liabilities | $11,804 |
| Net assets or fund balances | $120,006 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Polk County Chamber Foundation Inc has recieved totaling $25,500.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $25,000 |
Roger B Smith Family Charitable Tr Wellington, FL PURPOSE: UNRESTRICTED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville Christian Schools Inc Nashville, TN | $15,861,527 | $11,380,929 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |
International Charter School Of Atlanta Inc Roswell, GA | $16,008,030 | $10,022,654 |
Miller School Of Albermarle Charlottesville, VA | $35,553,057 | $8,965,798 |
United States Public Policy Council Mc Lean, VA | $515,116 | $8,099,974 |
Global Service Network Inc Apex, NC | $3,942,579 | $9,338,562 |
Memphis Rise Academy Inc Memphis, TN | $16,603,150 | $9,374,095 |
Gaston Christian Schools Inc Gastonia, NC | $18,086,677 | $10,176,394 |
Gateway Research Park Inc Greensboro, NC | $77,329,453 | $5,504,159 |
Christian Heritage School Inc Dalton, GA | $23,929,248 | $5,906,596 |
Barry-Robinson Schools Of Norfolk Norfolk, VA | $3,077,648 | $6,392,966 |
National Institute Of Governmental Purchasing Inc Herndon, VA | $6,972,915 | $6,098,960 |