Sort Out is located in Lanham, MD. The organization was established in 2017. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sort Out 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 12/2021, Sort Out generated $28.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $26.5k during the year ending 12/2021. While expenses have increased by 22.0% 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
2021
Describe the Organization's Program Activity:
Part 3
TRAINING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emmanuel Cyprian CEO | 0 | $0 | |
Oluwabunmi Cyprian VP Finance | 15 | $0 | |
Bayo Arowolaju Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $28,000 |
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 | $28,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $1,500 |
Professional fees and other payments to independent contractors | $675 |
Occupancy, rent, utilities, and maintenance | $8,685 |
Printing, publications, postage, and shipping | $7,347 |
Other expenses | $8,313 |
Total expenses | $26,520 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,625 |
Other assets | $0 |
Total assets | $46,625 |
Total liabilities | $46,000 |
Net assets or fund balances | $625 |
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