Enact Inc

Organization Overview

Enact Inc is located in Charleston, WV. The organization was established in 2007. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, Enact Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Enact 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, Enact Inc generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE ACTIONS THAT ALLEVIATE THE CAUSES OF POVERTY BY ASSISTING THE DISADVANTAGED IN LIFTING THEIR CIRCUMSTANCES AND THEMSELVES TO SELF SUFFICIENCY THROUGH EDUCATION, EMPLOYMENT, AND UTILIZATION OF OTHER RESOURCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO IDENTIFY AND ADDRESS THE CAUSES OF POVERTY IN BOONE, CLAY, FAYETTE, KANAWHA AND PUTNAM COUNTIES IN WEST VIRGINIA AND TO SERVE AS THE COMMUNITY ACTION AGENCY UNDER DESIGNATION BY THE GOVERNORS OFFICE OF COMMUNITY ADVANCEMENT AND DEVELOPMENT.


PROVIDE HVAC REPAIR AND REPLACEMENT FOR ELIGIBLE INDIVIDUALS.


PROVIDE OTHER ASSISTANCE TO LOW INCOME ELDERLY AND DISABLED INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Carl Olian
CEO
$100,000
Kim Fleck
Director
$0
John Frisby
Director
$0
Travis Hawley
Director
$0
Rory Isaac
Director/tre
$0
Anita Perdue
Director/vic
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,300,601
All other contributions, gifts, grants, and similar amounts not included above$3,107
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,303,708
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,311,544

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