Damascus Home Of Redwater Inc
- Assets
- $170.5k
- Revenue
- $241.9k
- Investments
- $0.0
- Employees
- 13
- Location
- Maud, TX
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 75-2917488
Organization Overview
Damascus Home Of Redwater Inc is located in Maud, TX. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, Damascus Home Of Redwater Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Damascus Home Of Redwater 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, Damascus Home Of Redwater Inc generated $241.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $267.4k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AND MAINTAIN A TRANSITIONAL HOME/FACILITY TO ASSIST THOSE WHO HAVE BECOME OR HAVE BEEN ADDICTED TO DRUGS OR ALCOHOL. ALSO, RENDERING ASSISTANCE TO THOSE PERSONS AND EDUCATING THE PUBLIC AS TO THE HAZARDS OF DRUGS AND ALCOHOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AND MAINTAIN A TRANSITIONAL HOME/FACILIY TO ASSIST THOSE WHO HAVE BECOME OR HAVE BEEN ADDICTED TO DRUGS OR ALCOH0L. ALSO RENDERING ASSISTANCE TO THOSE PERSONS AND EDUCATING THE PUBLIC AS TO THE HAZARDS OF DRUGS AND ALCOHOL.
OPERATE A RESALE STORE USING DONATED CLOTHING, SHOES, HOUSEHOLD GOODS, ELECTRONICS AND SUNDRY ITEMS AS INVENTORY THAT WE SELL TO THE GENERAL PUBLIC AT BELOW MARKET PRICES. WE EMPLOY 4 STAFF, PROVIDE VOLUNTEER POSITIONS FOR 3 AARP SCSEP PERSONS, SERVE BOWIE, MILLER AND CASS COUNTIES AS COMMUNITY SERVICE SITE FOR PERSONS ORDERED TO DO COMMUNITY SERVICE. PROFIT OFFSET COSTS TO THE CHEMICAL DEPENDENCY TREATMENT MINISTRY AND PROVIDE OPPORTUNITIES FOR CHARITY SERVICES FOR WELL QUALIFIED TREATMENT PROGRAM APPLICANTS WHO WOULD OTHERWISE BE UNABLE TO RECEIVE TREATMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Fryar Board Member | Trustee | 0 | $0 |
Todd Reed Board Member | Trustee | 0 | $0 |
Blair Seldon Board Member | Trustee | 0 | $0 |
Rocky Fryar Board Member | Trustee | 0 | $0 |
Derrick May Chairman | Trustee | 0 | $0 |
James Cooley Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,565 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,565 |
| Total Program Service Revenue | $236,256 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,861 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $53,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,154 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,191 |
| Payroll taxes | $11,493 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,430 |
| Advertising and promotion | $3,135 |
| Office expenses | $5,947 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,979 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,171 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,302 |
| All other expenses | $18,443 |
| Total functional expenses | $267,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,154 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,636 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $72,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,853 |
| Total assets | $170,493 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $77,390 |
| Total liabilities | $77,390 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $93,103 |
| Total liabilities and net assets/fund balances | $170,493 |