I-55 Partnership
- Assets
- $101.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Staunton, VA
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 81-2677182
Organization Overview
I-55 Partnership is located in Staunton, VA. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I-55 Partnership 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, I-55 Partnership generated $108.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $130.7k during the year ending 12/2022. While expenses have increased by 18.9% 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
2022
Describe the Organization's Program Activity:
Part 3
TEACHING ENGLISH CLASSES TO INTERNATIONAL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven M Young President | 50 | $44,000 | |
Shelia M Young Secretary | 25 | $22,000 | |
Bill Young Chairman | 2 | $0 | |
Bryan Murfree Board Member | 2 | $0 | |
Karen Harrison Board Member | 2 | $0 | |
Sheila A Fair Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,491 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,491 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $94,385 |
| Professional fees and other payments to independent contractors | $6,281 |
| Occupancy, rent, utilities, and maintenance | $4,487 |
| Printing, publications, postage, and shipping | $1,038 |
| Other expenses | $24,536 |
| Total expenses | $130,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,291 |
| Other assets | $0 |
| Total assets | $101,291 |
| Total liabilities | $222 |
| Net assets or fund balances | $101,069 |
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