Least Resistance Training Concepts Inc
- Assets
- $39.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stagecoach, NV
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 68-0434118
Organization Overview
Least Resistance Training Concepts Inc is located in Stagecoach, NV. The organization was established in 2000. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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. Least Resistance Training Concepts 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 12/2021, Least Resistance Training Concepts Inc generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $20.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Lamm Treasurer | 15 | $0 | |
Kevin Mccoy Vice President | 20 | $0 | |
Tracy Wilson Secretary | 20 | $0 | |
Megan Mccoy Director | 8 | $0 | |
Willis Lamm President | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,277 |
| Total Program Service Revenue | $900 |
| Membership dues | $25 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15 |
| Total Revenue | $18,219 |
| 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 | $1,262 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $19 |
| Other expenses | $19,606 |
| Total expenses | $20,887 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,833 |
| Other assets | $0 |
| Total assets | $39,934 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,934 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Least Resistance Training Concepts Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Helen Close Charitable Foundation Reno, NV PURPOSE: PERSONAL SAFETY EQUIPMENT FOR WATER RESCUES | $2,000 |
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|---|---|---|
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Silicon Slopes Lehi, UT | $2,661,490 | $5,981,892 |
Jobs For Nevadas Graduates Inc Las Vegas, NV | $2,371,026 | $5,045,525 |
Viva Physicians Inc Palm Springs, CA | $23,221,286 | $5,506,798 |
San Francisco Electrical Industry Apprenticeship And Training Trust San Francisco, CA | $24,618,240 | $4,990,979 |
San Diego Electrical Training Administrative Services Corporatio San Diego, CA | $236,215 | $3,424,350 |
Sustainable Economies Law Center Oakland, CA | $7,697,657 | $7,133,049 |
Oregon And Southern Idaho Laborers- Employers Training Tr Portland, OR | $12,918,228 | $3,291,567 |
Worker Education & Resource Center Inc Los Angeles, CA | $3,566,673 | $3,126,599 |
Open Philanthropy Project Palo Alto, CA | $32,342,347 | $2,574,140 |