Psn Inc
- Assets
- $3.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, MI
- Founding
- 08/2014
- Data as of
- 12/2020
- EIN
- 61-1727849
Organization Overview
Psn Inc is located in Rockford, MI. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psn 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 12/2020, Psn Inc generated $22.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $22.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 4 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
2020
Describe the Organization's Program Activity:
Part 3
RAISE FUNDS FOR NEEDY AND UNDERPRIVILEGED PERSONS IN THE GREATER WESTERN MICHIGAN AREA. GRANTS WILL BE GIVEN TO VARIOUS 501(C)(3) ORGANIZATIONS WHO WILL THEN USE THE GRANT MONEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd J Olson President | 2 | $0 | |
Dave Woodwyk Vice President | 2 | $0 | |
Curt Brower Secretary Treasurer | 2 | $0 | |
Kim Bergbower Director | 2 | $0 | |
Glenn Anderson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,740 |
| Other Revenue | $0 |
| Total Revenue | $22,740 |
| 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 | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $145 |
| Other expenses | $165 |
| Total expenses | $22,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,882 |
| Other assets | $0 |
| Total assets | $3,882 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,882 |