313 Digital
- Assets
- $16.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Troy, MI
- Founding
- 07/2011
- Data as of
- 12/2019
- EIN
- 61-1501609
Organization Overview
313 Digital is located in Troy, MI. The organization was established in 2011. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. 313 Digital is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2019, 313 Digital generated $45.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $68.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 5 years. 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 |
|---|---|---|---|
Michael Riley Director | 2 | $0 | |
Stephanie Glied Secretary | 2 | $0 | |
Mike Hammond Treasurer | 2 | $0 | |
Kelly Wood Director | 2 | $0 | |
Dan Mccarty Director | 2 | $0 | |
Annaliese Peterson President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,160 |
| Membership dues | $13,327 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,487 |
| 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 | $16,355 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $565 |
| Other expenses | $51,857 |
| Total expenses | $68,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,159 |
| Other assets | $0 |
| Total assets | $16,159 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,159 |
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