Developmental Resource Corporation
- Assets
- $625.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 09/1993
- Data as of
- 12/2020
- EIN
- 72-1241676
Organization Overview
Developmental Resource Corporation is located in Shreveport, LA. The organization was established in 1993. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Developmental Resource Corporation 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 12/2020, Developmental Resource Corporation generated $119.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $108.4k during the year ending 12/2020. While expenses have increased by 11.7% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROVIDING FOOD FOR NEEDY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Slabaugh Director | 0 | $0 | |
David Neese Director | 0 | $0 | |
Jeff Slabaugh Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $109,831 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,831 |
| 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 | $108,416 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $108,416 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $275 |
| Other assets | $0 |
| Total assets | $625 |
| Total liabilities | $11,949 |
| Net assets or fund balances | -$11,324 |
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