Flatsworthy Inc
- Assets
- $137.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fulton, TX
- Founding
- 10/2016
- Data as of
- 12/2023
- EIN
- 81-0894330
Organization Overview
Flatsworthy Inc is located in Fulton, TX. The organization was established in 2016. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flatsworthy 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 12/2023, Flatsworthy Inc generated $150.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.5% each year . All expenses for the organization totaled $108.5k during the year ending 12/2023. While expenses have increased by 49.4% per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles R Naiser Jr President | 35 | $19,248 | |
Billy H Trimble Vice President | 2 | $2,075 | |
Elaine Dietz Secretary | 1 | $0 | |
Vicki Buck Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,713 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,930 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,657 |
| 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 | $1,380 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $107,133 |
| Total expenses | $108,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,769 |
| Other assets | $0 |
| Total assets | $137,769 |
| Total liabilities | $0 |
| Net assets or fund balances | $137,769 |