Selma Idea Factory Inc
- Assets
- $4.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Selma, AL
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4686090
Organization Overview
Selma Idea Factory Inc is located in Selma, AL. The organization was established in 2017. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Selma Idea Factory 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, Selma Idea Factory Inc generated $330.0 in total revenue. All expenses for the organization totaled $25.0 during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DEVELOPED PROBLEM SOLVERS WHO BUILT STARTUPS AND INVESTED IN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Ralston Director | 1 | $0 | |
Mel Gilmer Officer | 3 | $0 | |
Jon Moore Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $320 |
| Total Revenue | $330 |
| 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 | $25 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $25 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,605 |
| Other assets | $0 |
| Total assets | $4,605 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,605 |