Sto Corporation
- Assets
- $83.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murfreesboro, TN
- Founding
- 04/1979
- Data as of
- 12/2021
- EIN
- 58-1356348
Organization Overview
Sto Corporation is located in Murfreesboro, TN. The organization was established in 1979. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, 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. Sto Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Sto Corporation generated $61.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (31.9%) each year. All expenses for the organization totaled $38.4k during the year ending 12/2021. 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
TO RECEIVE, ACCUMULATE AND EXPEND FUNDS FOR THE UPKEEP AND MAINTENANCE OF A COLLEGE FRATERNITY HOUSE AT TN TECH UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Grannis President | 1 | $0 | |
Jim Hearn Board Member | 0 | $0 | |
Keith Trout Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,930 |
| Total Program Service Revenue | $29,200 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,439 |
| Total Revenue | $61,569 |
| 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 | $38,412 |
| Total expenses | $38,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,098 |
| Other assets | $0 |
| Total assets | $83,466 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,466 |
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