Desti
- Assets
- $116.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 08/2000
- Data as of
- 12/2019
- EIN
- 62-1799559
Organization Overview
Desti is located in Chattanooga, TN. The organization was established in 2000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desti 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 12/2019, Desti generated $21.1k 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 (23.4%) each year. All expenses for the organization totaled $23.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (19.1%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
SUPPORTED ACADEMIC ACHIEVEMENT AND COMMUNITY OUTREACH PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ardena G Hicks President | 3 | $0 | |
Saundra Adams Vice President | 2 | $0 | |
Willie Mae Hubbard MD Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $20,373 |
| Membership dues | $735 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13 |
| Total Revenue | $21,121 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,775 |
| Total expenses | $23,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,382 |
| Other assets | $0 |
| Total assets | $116,382 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,382 |