Common Roots is located in Meadville, PA. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common Roots 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, Common Roots generated $186.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $10.5k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
THE MISSON OF THE CORPPOARTION IS TO PROMOTE CHARITABLE EFFORTS IN THE MEADVILLE, PENNSYLVANIA COMMUNITY THROUGH EDUCATION, RELIEVING THE BURDENS OF THE POOR, AND DEVELOPING SAFE AND AFFORDABLE HOUSING OPTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Ackerman Vice President | 0 | $0 | |
Don Goldstein President | 0 | $0 | |
Charmaine Koehler-Lodge Treasurer | 0 | $0 | |
Daniel Walk Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $184,794 |
Total Program Service Revenue | $0 |
Membership dues | $70 |
Investment income | $1,444 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $114 |
Total Revenue | $186,422 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $2,681 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $3,269 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,522 |
Total expenses | $10,472 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $150,576 |
Other assets | $0 |
Total assets | $297,705 |
Total liabilities | $2,862 |
Net assets or fund balances | $294,843 |