Butterfly Institute Inc is located in Fairview, TN. 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. Butterfly Institute 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, Butterfly Institute Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.0%) each year. All expenses for the organization totaled $10.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (23.4%) per year over the past 7 years. 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
THE BUTTERFLY INSTITUTE EXISTS TO HELP INDIVIDUALS AND FAMILIES WHO HAVE EXHAUSTED ALL OTHER AVENUES OF ASSISTANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacy Mcguire Director | 1 | $0 | |
Samuel Allison Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
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 | $10,000 |
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 | $1,100 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $10,100 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $697 |
Other assets | $0 |
Total assets | $697 |
Total liabilities | $0 |
Net assets or fund balances | $697 |