Downtown Frankfort Inc
- Assets
- $78.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, KY
- Founding
- 04/1992
- Data as of
- 12/2022
- EIN
- 61-1166989
Organization Overview
Downtown Frankfort Inc is located in Frankfort, KY. The organization was established in 1992. 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. Downtown Frankfort 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 12/2022, Downtown Frankfort Inc generated $152.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $169.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Beth Bobbitt President | 1.5 | $0 | |
John Senter Vice Preside | 1.5 | $0 | |
Deirdre Calvert Secretary | 1.5 | $0 | |
Karl Lawrence Treasurer | 1.5 | $0 | |
Megan Sauter Board Memebe | 1.5 | $0 | |
Justin Tuttle Board Member | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,793 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,811 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,801 |
| Professional fees and other payments to independent contractors | $6,694 |
| Occupancy, rent, utilities, and maintenance | $4,203 |
| Printing, publications, postage, and shipping | $336 |
| Other expenses | $78,836 |
| Total expenses | $169,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,155 |
| Other assets | $0 |
| Total assets | $78,155 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,155 |