Southern Debutante Assembly
- Assets
- $213.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwood, MS
- Founding
- 04/1990
- Data as of
- 12/2021
- EIN
- 62-1370050
Organization Overview
Southern Debutante Assembly is located in Greenwood, MS. The organization was established in 1990. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Debutante Assembly is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Southern Debutante Assembly generated $105.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $125.8k during the year ending 12/2021. While expenses have increased by 7.2% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE YOUNG ADULT MEMBERS A WHOLESOME ENVIRONMENT FOR SOCIAL AND CULTURAL COMMUNICATION THROUGH SPONSORED EVENTS. SPONSORED EVENTS: GARDEN PARTY FOR DEBUTANTES AND ESCORTS PRESENTATION BALL FOR DEBUTANTES AND ESCORTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mrs Kathy Whicker Secretary | 10 | $7,800 | |
Mrs Christine Mcbee Advisor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $105,080 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,175 |
| 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 | $9,443 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,377 |
| Other expenses | $107,019 |
| Total expenses | $125,839 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $213,167 |
| Other assets | $0 |
| Total assets | $213,167 |
| Total liabilities | $0 |
| Net assets or fund balances | $213,167 |
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