Betsy Layne Senior Citizens Inc is located in Prestonsburg, KY. The organization was established in 1990. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Betsy Layne Senior Citizens Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Betsy Layne Senior Citizens 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, Betsy Layne Senior Citizens Inc generated $734.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $735.4k during the year ending 06/2022. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE BIG SANDY AREA DEVELOPMENT DISTRICT'S AREA ON AGING PROVIDER OF TITLE III SERVICES TO SENIOR CITIZENS OF FLOYD COUNTY UNDER THE OLDER AMERICANS ACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONGREGATE MEAL SERVICE-TO SERVE A TITLE III NUTRITIOUS MEAL TO SENIORS AT FOUR SENIOR CITIZEN CENTERS THROUGHOUT FLOYD COUNTY
HOME DELIVERED MEALS-TO DELIVER TITLE III NUTRITIOUS MEALS TO SENIOR CITIZENS IN THE HOME THROUGHOUT FLOYD COUNTY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pam Collins Chairman | Trustee | 0 | $0 |
Brenda Hamilton Member | Trustee | 0 | $0 |
Georgia Allen Member | Trustee | 0 | $0 |
Sue Martin Member | Trustee | 0 | $0 |
Janice Salisbury Sec/treasurer | Trustee | 0 | $0 |
Joan Fick Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $597,663 |
All other contributions, gifts, grants, and similar amounts not included above | $96,371 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $694,034 |
Total Program Service Revenue | $40,504 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $734,538 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $334,465 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $27,258 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,489 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $109,849 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $12,223 |
All other expenses | $525 |
Total functional expenses | $735,425 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $117,777 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $125,840 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $243,617 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,721 |
Total liabilities | $4,721 |
Net assets without donor restrictions | $238,896 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $243,617 |
Over the last fiscal year, we have identified 1 grants that Betsy Layne Senior Citizens Inc has recieved totaling $12.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Organization Name | Assets | Revenue |
---|---|---|
Council On Aging Of Southwestern Ohio Blue Ash, OH | $23,191,204 | $94,817,577 |
Western Reserve Area Agency On Aging Cleveland, OH | $22,317,796 | $84,969,707 |
Presence Life Connections St Louis, MO | $45,499,774 | $56,108,464 |
Area Agency Of Aging District 7 Inc Rio Grande, OH | $12,307,500 | $62,787,321 |
Direction Home Akron Canton Area Agency On Aging Uniontown, OH | $20,335,083 | $58,977,565 |
Area Agency On Aging Cambridge, OH | $11,899,039 | $51,033,578 |
Area Agency On Aging Planning And Service Area 2 Dayton, OH | $35,326,580 | $52,166,513 |
Ohio District 5 Area Agency On Aging Inc Ontario, OH | $14,917,880 | $37,069,853 |
Area Office On Aging Of Northwestern Ohio Inc Toledo, OH | $9,850,428 | $34,744,800 |
Direction Home Of Eastern Ohio Inc Youngstown, OH | $12,452,195 | $32,192,790 |
Cicoa Aging & In Home Solutions Inc Indianapolis, IN | $13,970,745 | $32,334,743 |
Mather Investments Nfp Evanston, IL | $54,973,565 | $27,896,059 |