Area I Inc
- Assets
- $493.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Lakeland, TN
- Founding
- 12/2002
- Data as of
- 08/2022
- EIN
- 56-2294745
Organization Overview
Area I Inc is located in Lakeland, TN. The organization was established in 2002. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 08/2022, Area I Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Area I 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 08/2022, Area I Inc generated $18.9k 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 (34.7%) each year. All expenses for the organization totaled $16.5k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (35.3%) 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
TO TRAIN MOBILIZE AND INSPIRE TEENAGERS TO BE GODLY LEADERS IN THEIR HOMES, COMMUNITIES AND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gaylon Kiley Butler President | 40 | $0 | |
Shari Taylor Director | 0 | $0 | |
Mark Lewis Secretary | 0 | $0 | |
Steve Phipps Chairman | 0 | $0 | |
Paul Criss Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18,918 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,918 |
| 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 | $14,743 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,749 |
| Total expenses | $16,492 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,472 |
| Other assets | $0 |
| Total assets | $493,731 |
| Total liabilities | $113,925 |
| Net assets or fund balances | $379,806 |
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