Advanced Driving Schools Inc
- Assets
- $58.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerville, TN
- Founding
- 08/1996
- Data as of
- 12/2022
- EIN
- 62-1582397
Organization Overview
Advanced Driving Schools Inc is located in Somerville, TN. The organization was established in 1996. According to its NTEE Classification (M42) the organization is classified as: Automotive Safety, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advanced Driving Schools 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, Advanced Driving Schools Inc generated $40.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $29.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) 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
2022
Describe the Organization's Program Activity:
Part 3
COURT ORDERED DRIVER EDUCATION NUMBER OF STUDENTS - 365
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,304 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7 |
| Total Revenue | $40,311 |
| 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 | $812 |
| Occupancy, rent, utilities, and maintenance | $3,658 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,099 |
| Total expenses | $29,569 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,479 |
| Other assets | $0 |
| Total assets | $58,399 |
| Total liabilities | $43,632 |
| Net assets or fund balances | $14,767 |