Future Business Leaders Of America- Phi Beta Lambda Inc is located in Frederiksted, VI. The organization was established in 1971. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Future Business Leaders Of America- Phi Beta Lambda 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 undefined, Future Business Leaders Of America- Phi Beta Lambda Inc generated $17.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $19.3k during the year ending undefined. While expenses have increased by 23.1% per year over the past 2 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.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,877 |
Total Program Service Revenue | $0 |
Membership dues | $1,268 |
Investment income | $30 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $212 |
Other Revenue | $0 |
Total Revenue | $17,388 |
Statement of Expenses | |
---|---|
Total expenses | $19,316 |
Balance Sheet | |
---|---|
Total assets | $9,020 |
Total liabilities | $0 |
Net assets or fund balances | $9,020 |
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